resale
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Scalpers Target University Students’ National Subsidies, Reselling Subsidized Devices for a Profit of $300 Each
In June 2025, reports emerged of fraud within the tech sector, exploiting a new government subsidy program for digital devices. “Scalpers” are reportedly using students to purchase subsidized items and resell them, netting profits of up to 300 yuan per device. This illegal activity involves dedicated chat groups and circumvents in-person verification. Legal experts warn that this scheme, even with small amounts, could constitute fraud, leading to penalties.
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Two Travelers Caught Smuggling 144 Labubu Figures: Each Worth Up to $500
Customs at Wuhan Tianhe Airport seized 144 Pop Mart Labubu figurines from two individuals attempting to smuggle them. The figures, part of the popular Labubu 3.0 blind box series, were intended for resale, capitalizing on their high secondary market value. This incident highlights the increasing demand for Labubu, a character created by Kasing Lung, as well as the soaring popularity of Pop Mart.
