Hong Kong customs makes record HK$1.5 billion seizure of smuggled goods, mostly electronics, bound for mainland China via Singapore
South China Morning Post
20 hours ago
- Haul includes HK$1.2 billion worth of new integrated circuits, according to Customs and Excise Department
- Smugglers could have avoided more than HK$600 million in tariffs if all the goods had reached their destination
Hong Kong customs officers have seized HK$1.5 billion (US$191.5 million) worth of smuggled goods destined for mainland China via Singapore in its largest haul yet.
Among the massive seizure of goods stashed in 15 shipping containers were more than 1 billion new integrated circuits estimated to be worth about HK$1.2 billion, the Customs and Excise Department revealed on Monday.
Other seized goods in the June 13 case included HK$230 million worth of used electronic products such as motherboards, mobile phones, laptops, and computer and phone accessories, as well as power adaptors.
https://www.google.com/amp/s/amp.sc...ggled-goods-mostly-electronics-bound-mainland