Minister 'confident in HK's insurance products'
Secretary for Financial Services and the Treasury Christopher Hui said he was confident in Hong Kong's insurance products. Shares in major insurers fell sharply on Thursday, a day after Beijing-based news website Caixin reported that tax authorities in the capital, as well as Hangzhou, began taxing residents' earnings from offshore insurance policies. A tax rate of 20 percent was levied on policy…
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- Minister 'confident in HK's insurance products' news.rthk.hk
