On the 9th of October 1932: a 6 foot 6 inch, 186 lbs black-tip reef shark (Carcharinus melanopterus) was caught by fishermen off th Kowloon Docks (between present day Hung Hom and the Laguna Verde residential blocks). It was caught on a hand line made of hemp with a half-pound snapper as bait on a large iron hook. The fisherman was definitely trying to catch a shark and had a large bait and strong tackle on purpose. The sea was choppy, a fresh N.E. wind was blowing and few small fish were about. The previous week a number of shark were about off Kowloon Docks and on 25th September […] at least 50 snapper were lost through sharks taking them before they had been pulled up to the surface. This particular fish was played 20 minutes, pulled in to within 2 feet of the surface and then harpooned. It was not pulled on board but was lashed to the side of the sam pan. Market value about $7.00 – roughly equal to HKD 2,280 today. Stunning to think that shark was abundant enough locally to cost that little: a whole 6-foot, 84.3 kg black-tip reef shark for only HKD 2,280! Compare this with a recently quoted wholesale price for 1 kg of shark’s fin in Guangzhou (roughly comparable to the shark discussed here) of USD 960 or HKD 7,480! Why the difference? Rarity. Sharks have become so rare, that the prices are soaring and they face more and more risk of extinction from over fishing.