Photographers in Hong Kong are facing a high cost for professional-grade digital storage, with SD cards and hard drives increasing in price by up to three times.

After Hong Kong photographer Jacky Lau Kin-sang upgraded his camera systems a few months ago, he was shocked to find that the professional-grade high-capacity SD cards for the set-up cost up to HK$3,000 (US$383) per unit, three times more than expected. But the real shocker for the 42-year-old was that the price of the hard disks he had been purchasing for years to back up his clients’ images also skyrocketed from HK$1,880 to HK$3,880 for a 16TB model. “It means you essentially have to spend...