UnionPay says it will tighten regulations on how mainland customers can use its debit and credit cards to buy investment-related insurance products in Hong Kong, with immediate effect. Photo: Reuters
Cathy Zhang
Opinion

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Hang Seng Index loses 1.6pc during October

Insurance companies hit hard after state-run UnionPay curbs the use of its payment services for mainland purchases in Hong Kong

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UnionPay says it will tighten regulations on how mainland customers can use its debit and credit cards to buy investment-related insurance products in Hong Kong, with immediate effect. Photo: Reuters
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