Apple Gets Tough on Hong Kong Phone Touts

Photographer: Xaume Olleros/Bloomberg
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Apple Inc. is making it harder for touts to profit from buying iPhones in Hong Kong only to sell them on the black market in China.

From August 15, all products bought online from Apple in Hong Kong will be ineligible for return or exchange unless they are defective, the company said on its website. Apple’s previous policy allowed 14 days for products to be returned in the city.