Man Lok Street in Hung Hom in Kowloon where the theft took place. Photo: Google Maps

Police are hunting a South Asian man who stole a suitcase containing HK$6 million (US$765,900) worth of jewelry from security guards on a street in Hung Hom in Kowloon on Tuesday.

A jewelry company hired a security company to move the jewelry after an exhibition at the Hong Kong Convention and Exhibition Centre in Wan Chai ended on Monday, the Apple Daily reported.

Late on Monday night, the security company delivered about 10 suitcases and boxes of jewelry to a storage facility in Kwai Chung in the New Territories.

On Tuesday morning, staff from the security company transported the goods to the jewelry company in Hung Hom. The company’s vehicle was parked in Man Lok Street as the staff moved the goods into the building on trolley carts.

A man of South Asian appearance walking along the street grabbed one of the suitcases while no staff were around and left the scene immediately, according to surveillance camera footage.

Staff in the jewelry shop later discovered one suitcase was missing. After searching for a day, they called police at noon on Wednesday.

Police are searching for a man about 1.7 meters tall wearing a mask, a cap and dark-colored clothing, the Headline Daily reported.

The Crime Unit from Kowloon City Police Station is investigating.