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Hong Kong's pawn shop accepts handbags as collateral

25 September 2013 Last updated at 06:51 BST

For many fashionistas, a branded handbag from the likes of Chanel, Gucci and Louis Vuitton is a must-have accessory. They can cost tens of thousands of dollars.

But, for some cash-strapped people in Hong Kong, they are also good collateral for a loan.

The BBC's Juliana Liu reports on a high-end pawn shop catering for wealthy people in need of some money quickly.

Visit the BBC World News Asia Business Report website for more reports from the programme.