Hong Kong customs seizes HK$5 million of dried seafood from mainland-bound Tesla

Hong Kong customs seizes HK$5 million of dried seafood from mainland-bound Tesla

Customs officers have detained a 53-year-old driver at the Hong Kong-Zhuhai-Macau Bridge checkpoint after discovering more than HK$5 million (US$643,290) worth of dried seafood delicacies, such as bird’s nests and fish maw, concealed in his mainland China-bound Tesla. Officers said on Thursday that the electric vehicle had been modified to create additional storage space. They…

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World underinvested in China amid ‘spectacular’ technology advances, HKEX CEO says

World underinvested in China amid ‘spectacular’ technology advances, HKEX CEO says

Global investors are “massively underinvested” in China, and as an exporter of capital and technology, the country will continue to create new business opportunities in Southeast Asia despite deglobalisation, panellists said at a South China Morning Post conference on Monday. “The world is waking up to the fact that China’s [technological] advancement is really spectacular,…

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