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The drugs were hidden in a "sophisticated" and "well thought out" way, Hong Kong customs officials said.
BBC: Hong Kong in huge cocaine seizure
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Hong Kong remains a separate customs area, with its own fully convertible currency.
ECONOMIST: Light on its feet
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Currently, electronics and other finishing touches are installed in Hong Kong, which means the yachts incur customs duties for Chinese buyers.
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Anyway, Hong Kong's landlords are so influential that customs has given up on making them accountable.
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Since then, 45 people, including 26 city residents, have been detained in Hong Kong for trying to smuggle 178 cans of milk powder through customs.
BBC: China media: Two sessions
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If the United States were to end its special treatment of Hong Kong in some important areas - such as air services, customs treatment, immigration quotas, visa issuance, export controls - the principal pain would be felt in Hong Kong, however, not in Beijing.
CENTERFORSECURITYPOLICY: Center For Security Policy
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Customs officials discovered people sending iPhones and iPads from Hong Kong to Shenzhen by placing the devices in tote bags and hooking them to a pulley that reached across the border .
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