Hong Kong Seizes Largest Ever Illegal Cigarette Haul

Sep.24.2022
Hong Kong Seizes Largest Ever Illegal Cigarette Haul
Hong Kong authorities seize largest illegal cigarette haul worth $157m, citing pandemic-induced logistical recovery and rising European tobacco prices.

According to data from Hong Kong Customs cited by the South China Morning Post, Hong Kong authorities have seized illegal cigarettes worth HK$1.23 billion ($157 million) so far this year, marking the largest contraband seizure in 20 years.


Image source: Kal'vān


As of September 22nd this year, customs officials seized about 440 million tax-free cigarettes, significantly higher than the 427 million cigarettes discovered throughout the entirety of 2021. The value of these cigarettes is estimated to be 1.19 billion Hong Kong dollars.


According to sources from law enforcement agencies, if imported legally, this year's banned goods will generate HKD 839 million in tax revenue.


According to sources, the increase in the seizure of prohibited items is attributed to the recovery of seafood logistics after the pandemic interruption, as well as the potential price hike of tobacco products in Europe.


Sources have informed the South China Morning Post that Syndicate X has begun stockpiling illegal cigarettes in the city and is attempting to find buyers in Hong Kong and abroad as shipping logistics resume in May.


He stated that some gangs have stockpiled large quantities of illegal cigarettes in the city, as they anticipate that prices for European tobacco products may increase due to high inflation.


In the latest operation on September 19th, authorities found 21.6 million duty-free cigarettes worth HKD 59 million in two shipping containers in Tsing Yi and Yuen Long. This year's seizure amounts to 440 million cigarettes.


This document has been generated through artificial intelligence translation and is provided solely for the purposes of industry discourse and learning. Please note that the intellectual property rights of the content belong to the original media source or author. Owing to certain limitations in the translation process, there may be discrepancies between the translated text and the original content. We recommend referring to the original source for complete accuracy. In case of any inaccuracies, we invite you to reach out to us with corrections. If you believe any content has infringed upon your rights, please contact us immediately for its removal.

Russian lawmakers propose total ban on e-cigarette sales, in response to Putin's call for protection of youth health
Russian lawmakers propose total ban on e-cigarette sales, in response to Putin's call for protection of youth health
Russian Duma members propose nationwide ban on e-cigarette sales in response to Putin's call for youth health protection.
Nov.28 by 2FIRSTS.ai
South Korea’s Tobacco Law Amendment to Include Synthetic Nicotine, Projected to Add Up to $340 Million in Local Tax Revenue
South Korea’s Tobacco Law Amendment to Include Synthetic Nicotine, Projected to Add Up to $340 Million in Local Tax Revenue
Following the National Assembly’s approval of amendments to the Tobacco Business Act on September 22, redefining tobacco to include synthetic nicotine, the Korea Institute of Local Finance (KILF) estimates that local governments could gain between $37 million and $340 million in additional tax revenue in 2025 from tobacco consumption and local education taxes.
Nov.19 by 2FIRSTS.ai
Special Report|With Charlie’s US Line Online, the US-Filled Vape Supply Chain Model Enters a New Phase
Special Report|With Charlie’s US Line Online, the US-Filled Vape Supply Chain Model Enters a New Phase
Charlie’s Holdings has activated its first US-based manufacturing and filling line, enabling the company’s Pachamama 25K vape series to meet Texas’ new domestic manufacturing requirements. As state-level rules tighten, the move signals a broader industry shift toward US-filled supply chains and marks an inflection point for brands historically reliant on China-based prefilled production.
Industry Insight
Dec.02
PMI Japan to Launch Limited Edition IQOS ILUMA i "Galaxy Blue", Introduces New TEREA Clear Regular Flavo
PMI Japan to Launch Limited Edition IQOS ILUMA i "Galaxy Blue", Introduces New TEREA Clear Regular Flavo
PMI Japan unveils limited edition IQOS ILUMA i in Galaxy Blue, inspired by the universe, set to launch on October 29.
Oct.14 by 2FIRSTS.ai
Philippines police seize $200k worth of illegal e-cigarette products, arrest 2 suspects
Philippines police seize $200k worth of illegal e-cigarette products, arrest 2 suspects
Philippine police in Cavite seize $200,000 worth of illegal e-cigarette products, arresting two suspects. Crackdown on smuggling intensifies.
Oct.13 by 2FIRSTS.ai
Russian State Duma Committee supports bill for tobacco and nicotine products market legalization
Russian State Duma Committee supports bill for tobacco and nicotine products market legalization
A bill endorsing a licensing system for tobacco and nicotine products has been recommended in Russia's State Duma.
Nov.14 by 2FIRSTS.ai