A China Life logo at Beijing's Financial Street. Chinese insurers may be losing business as mainlanders buy life policies in Hong Kong. Photo: Reruters, Jason Lee

Hong Kong insurers may suffer after China’s industry watchdog warns of risks in buying products in the city

CIRC statement may be designed to defend mainland insurers after a rush to buy Hong Kong life policies last year amid a falling yuan.

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A China Life logo at Beijing's Financial Street. Chinese insurers may be losing business as mainlanders buy life policies in Hong Kong. Photo: Reruters, Jason Lee
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