Even before the protest movement began in June this year, the US was losing its lustre. Photo: Jonathan Wong
Hong Kong’s protest-weary emigrants are ditching America as top escape route as the welcome mat looks less appealing
- US is already home to more Hongkongers than any country outside mainland China
- But anti-immigrant rhetoric, gun violence and impending changes to ‘investor visa’ programme have encouraged Hongkongers to consider Australia, Canada, Singapore and Taiwan
Topic |
Hong Kong economy
Even before the protest movement began in June this year, the US was losing its lustre. Photo: Jonathan Wong
An elderly man exercising in Mong Kok. Some insurers are targeting the city’s ‘silver-haired’ residents with their retirement products. Photo: K.Y. Cheng
Hong Kong insurers target young and the elderly as protests deter mainland Chinese from buying insurance products in the city
- Insurance sales to mainland Chinese customers have dropped by an estimated 30 per cent during the protests
- The sales have been a hugely important source of income for the city’s insurers, who are desperate to tap new types of customer to plug the gap
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Insurance
An elderly man exercising in Mong Kok. Some insurers are targeting the city’s ‘silver-haired’ residents with their retirement products. Photo: K.Y. Cheng