Hong Kong must remove bottlenecks to grow yacht economy, industry leaders say

Hong Kong should urgently address its bottlenecks in developing a yacht economy by improving immigration procedures, upgrading mooring facilities and curating niche tourism itineraries following Beijing’s policy relaxation on yachts from the city sailing to mainland China, industry leaders have said. Their calls came on Saturday after Beijing allowed Hong Kong and Macau yachts to enter designated ports in the Greater Bay Area “exempt from guarantees” and benefit from “a temporary ship...