China's Tax Crackdown Erodes Edge For Hong Kong Insurers
China’s scrutiny of offshore insurance income is forcing a rethink of return advantages for Hong Kong policies, which could weaken the appeal of dividend and savings products image credit: Bamboo Works Hong
China is looking more carefully at money that insurance companies make from selling products in Hong Kong, which might make those products less attractive to customers. This could mean Hong Kong insurance companies have a harder time convincing people their plans are special deals.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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