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Red tape, high cost: can Hong Kong’s new yacht scheme chart a smoother course?
SCMP Business
September 6, 2026
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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 v
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