Hong Kong Customs Seizes Eight Live Turtles of Suspected Scheduled Endangered Species Worth About $19,000 at Airport

Hong Kong Customs seizes live turtles of suspected scheduled endangered species

Hong Kong Customs yesterday (June 4) seized eight live turtles of a suspected scheduled endangered species, with an estimated market value of about $19,000, at Hong Kong International Airport.

Through risk assessment, Customs officers yesterday intercepted two air consignments declared to contain toys imported from the United States to Hong Kong. Upon inspection, the batch of live turtles of a suspected scheduled endangered species was found concealed in socks or plastic containers inside paper boxes of the two consignments.

The case was handed over to the Agriculture, Fisheries and Conservation Department for follow-up action.

Under the Protection of Endangered Species of Animals and Plants Ordinance (Cap. 586), any person importing, exporting or possessing specimens of endangered species not in accordance with the Ordinance commits an offence and will be liable to a maximum fine of $10 million and imprisonment for 10 years upon conviction with the specimens forfeited.

Members of the public may report any suspected smuggling activities to Customs' 24-hour hotline 182 8080 or its dedicated crime-reporting email account(crimereport@customs.gov.hk) or online form (eform.cefs.gov.hk/form/ced002).

Hong Kong Customs yesterday (June 4) seized eight live turtles of suspected scheduled endangered species with an estimated market value of about $19,000 at Hong Kong International Airport. Photo shows some of the suspected scheduled endangered live turtles seized. Source: HKSAR Government Press Releases

Speech by FS at HKEX China Government Bond Futures Launch Ceremony (with photos/video)

Following is the speech by the Financial Secretary, Mr Paul Chan, at HKEX China Government Bond Futures Launch Ceremony today (August 3):

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Now, allow me to say a few words in English. Today's launch is far more than a new product - it closes a critical gap in our offshore renminbi toolkit. We are building a more complete offshore renminbi ecosystem, one in which investment, pricing, and risk management reinforce one another.

By bringing together Bond Connect, Swap Connect, and now treasury bond futures, we give international investors not only greater access to the Chinese bond market, but also the confidence to build their bond holdings over the long term, with adequate risk management tools.

This is an important step in supporting the long-term development of the offshore renminbi bond market and the broader process of the internationalisation of renminbi.

Speech by FS at HKEX China Government Bond Futures Launch Ceremony (with photos/video) Source: HKSAR Government Press Releases

Speech by FS at HKEX China Government Bond Futures Launch Ceremony (with photos/video) Source: HKSAR Government Press Releases