According to a government statement, the drugs were hidden in bottles labeled as coconut water in a cargo shipment that arrived in Hong Kong by sea at Oct 23.
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It is estimated that the haul is worth overa billion Hong Kong dollars.
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Out of the 7,700 bottles, authorities found 1,800 bottles that contained liquid meth.
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No arrests have been made despite the fact that the case is still being investigated.
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The drugs were bound for Australia and had been shipped from Mexico via Hong Kong, according to authorities who spoke at a news conference on Saturday.
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The market value of the drugs in Australia could be as high as $1 billion.
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About $5.9 million worth of crystal meth was found in a shipment of electrical transformers that were bound for Australia from Mexico.