Deep潮TechFlow News, March 6th, according to Caixin, Hong Kong Customs announced that they recently cracked two suspected gold smuggling cases involving air transport at Hong Kong International Airport. Approximately 168 kilograms of suspected gold bars and about 285 kilograms of suspected silver bars were seized, with an estimated market value of around HKD 230 million. Based on the market value of the smuggled goods, this is the largest gold smuggling case recorded by Customs. Under Hong Kong's Import and Export Ordinance, smuggling is a serious offense. Anyone who imports or exports unlisted cargo without a manifest, upon conviction, can face a maximum fine of HKD 2 million and up to 7 years in prison.

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