Derek Cheung's yellow Ferrari towed for illegal parking in Causeway Bay

Derek Cheung's yellow Ferrari SF90 Spider, valued at nearly ten million dollars with custom license plate "P1KACHU," was towed for illegal parking in Causeway Bay on Sunday evening.

Around 6pm, the vehicle was parked on Percival Street where parking is prohibited from 7am to midnight. Police officers on motorcycles issued a ticket and called for a tow truck, with additional officers arriving for backup.

The distinctive supercar attracted attention from passersby who photographed the scene during the approximately 20-minute process. Cheung did not appear during the towing operation.

The businessman later responded humorously on social media, stating: "The Hong Kong government works very efficiently."