Restrictions on travel to stem the spread of the coronavirus have seen visitor arrivals from mainland China all but dry up. Photo: Edmond So
Amount spent by mainland Chinese on Hong Kong life insurance policies plummets 76 per cent as Covid-19 brings visitor arrivals to a standstill
- Mainlanders, until now big spenders on Hong Kong policies, spent only HK$839 million in the second quarter, down 85 per cent from the first
- Bank deposits in July rose 2.7 per cent, the biggest jump in two years as hot money flooded in, chasing IPOs
Restrictions on travel to stem the spread of the coronavirus have seen visitor arrivals from mainland China all but dry up. Photo: Edmond So