Customs Seize Their Biggest Ever Smuggling Haul
"); jQuery("#212 h3").html("

"); });
2021-10-07 HKT 13:31
Customs officers said on Thursday that an anti-smuggling operation in Lung Kwu Tan last month netted the most valuable haul of goods ever found in Hong Kong, with the find including luxury foodstuffs, handbags and endangered plants
Officials said customs and marine police tracked a smuggling gang for two months before about a hundred officers swooped in the early hours of September 24.
They saw a group of people moving goods from a lorry into two speedboats.
A group of about five people sped off into mainland waters when they realised they were being tracked.
Officers later found a warehouse nearby containing everything from luxury watches and bags to shark fin, fruit, plants and almost 5,000 electronic products. Together, the 11,000 items were worth some HK$210 million, customs said.
A 34-year-old male was arrested.
Customs officers said they believe the goods were sourced globally and were destined for the mainland.
Lui Siu-fai, a divisional commander of customs’ ports and maritime command, said the smugglers had deployed a large number of people and vehicles, as well as drones to monitor the surrounding area. They also parked vehicles on roads nearby, hoping to slow down officers’ action, Lui said.
Mark Woo, the head of customs' syndicate crimes investigation bureau, said he hoped to strengthen cooperation with mainland authorities and use new technology to tackle cross-border smuggling.
Vietnam And South Korea Launch Cross-Border QR Payments
Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more
WeChat Pay Integrates With Local QR Networks In 5 Asian Countries
WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more
Global Transition Finance Ecosystem Gains Momentum
The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more
Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea
Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more
Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI
Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more
Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation
Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more
