BUSINESS● LOW1h ago · Sep 6, 2026, 3:00 AM
Red tape, high cost: can Hong Kong’s new yacht scheme chart a smoother course?
South China Morning Post · east asia
Retired harbour pilot Alex Yu Chi-leung sailed his 50-foot wooden yacht, Bowline, from Causeway Bay in Hong Kong to Dongao Island in Zhuhai under a new cross-border yachting scheme last week, but bureaucratic hurdles and shallow waters tempered the excitement of the leisure trip. It was Yu’s first voyage under the scheme, but it could also be his last unless mainland Chinese authorities improve certain requirements. “If the procedures are simplified – because right now they are too numerous,...
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESS31m agoTesla to exhibit Cybercab robotaxi in China: can it spark buzz amid slow sales?South China Morning PostBUSINESS46m agoExcise team raids , seizes multi lakh worth value raw spirit : Excise superintendenttimesofindia.indiatimes.com · IndiaBUSINESS46m agoGrounds For Good named one of Nation Favourite Businessespenarthtimes.co.uk · United KingdomBUSINESS46m agoSuper dreams for a champagne lifestyle in retirementyasstribune.com.au · Australia