Hotstone Yoga director arrested over unfair trade practices after abrupt closure

A director of Hotstone Yoga has been arrested on suspicion of contravening the Trade Descriptions Ordinance by accepting prepayments for services before the wellness chain’s abrupt closure, as the amount of financial losses claimed by customers surpassed HK$4 million (US$510,000). The company’s closure on Wednesday has also prompted lawmakers to urge the government to widen the scope of a proposed statutory cooling-off law to cover more sections of the wellness market. Chong Kai-shing, a...