‘H’ races to riches: car plate fetches HK$20 million at Hong Kong auction
AI Summary
At a Hong Kong government auction, a car number plate featuring the single letter "H" sold for HK$20 million (US$2.55 million), becoming the fourth-most-expensive plate ever sold in the city. The auction, held on Sunday during Chinese New Year, saw the "H" plate's price escalate from a reserve of HK$5,000 after a bidding war involving multiple participants. Other plates, including "30," "101," and "2288," also fetched high prices. The buyer of the "H" plate, a middle-aged man, remained anonymous after the purchase. Hong Kong's Transport Department restricts plate letters to 23 English characters, excluding "I," "O," and "Q." The "H" plate's sale trails only the "D" plate's HK$20.2 million record in 2024.
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