HONG KONG — A sailboat competing in the Volvo Ocean Race, a marquee around-the-world sailing competition, collided with a Chinese fishing vessel near Hong Kong early Saturday, killing one of the Chinese boat’s crew members, race organizers and Chinese state media said.

The Vestas 11th Hour Racing boat hit the fishing vessel around 1:20 a.m. local time. The crew alerted the Hong Kong authorities and race officials immediately after the collision. The Hong Kong Marine Rescue Coordination Center said that nine of the fishing boat’s crew members were rescued. A tenth who was taken by helicopter to a hospital, however, later died, race officials said.

The dead sailor was from mainland China, according to the English-language Twitter account of The People’s Daily, the Communist Party-run newspaper.

“On behalf of the Volvo Ocean Race and Vestas 11th Hour Racing, we offer our deepest condolences to the loved ones of the deceased,” the team and race officials said in a statement.