A man was arrested near the Sha Tau Kok border crossing yesterday for attempting to traffic 2kg of methamphetamine into the city.
The action follows several high-profile drug seizures by police and the Customs and Excise Department.
Yesterday's suspect, a Hong Kong man, 48, with a prior criminal record, was detained at 7.35am after a tip-off, police said.
Narcotics bureau officers seized two plastic bags of crystal methamphetamine, commonly known as 'Ice', with an estimated street value of HK$1.34 million. The suspect, who was carrying the drugs in a black shoulder bag, has been charged with trafficking in dangerous drugs.
"The drugs were possibly sourced in the mainland and smuggled here to supply the local market," narcotics bureau senior inspector Cheng Ka-chun said.
"We have reason to believe the suspect was part of a drug trafficking syndicate … or triad organisation."
Cheng said there was a possibility that further arrests would be made.
Last month, customs officers detained two women in possession of 14.5kg of Ice. The seizure was the biggest of its kind by customs officers since 2011 and the third drugs bust in a week.
The maximum penalty for drug trafficking is life imprisonment and a HK$5 million fine.
Police and customs officers seized 80kg of methamphetamine in the first half of this year, up from 16kg in the same period last year. Police recorded a 2 per cent year-on-year rise in serious drug offences, to 1,086, over the same period.