The CIRC closed down 35 websites and social media accounts selling Hong Kong insurance policies to mainlanders. Photo: SCMP Handout

Beijing steps up crackdown on sales of Hong Kong insurance on mainland

The CIRC is determined to rid the industry of practices it says ‘disturb market order, mislead consumers and obstruct forex regulation’

Topic |   Regulation

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The CIRC closed down 35 websites and social media accounts selling Hong Kong insurance policies to mainlanders. Photo: SCMP Handout
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