The share price of AIA Group, the largest life insurer in Hong Kong, has slid 20 per cent from its peak in October. Photo: AFP The share price of AIA Group, the largest life insurer in Hong Kong, has slid 20 per cent from its peak in October. Photo: AFP
The share price of AIA Group, the largest life insurer in Hong Kong, has slid 20 per cent from its peak in October. Photo: AFP
Broker's View

China’s new forex control threatens further blow to Hong Kong’s insurance sector

As of January 1, individuals are required to explain the purpose of their foreign currency purchases at Chinese banks, under new regulations

Topic |   Broker's View
The share price of AIA Group, the largest life insurer in Hong Kong, has slid 20 per cent from its peak in October. Photo: AFP The share price of AIA Group, the largest life insurer in Hong Kong, has slid 20 per cent from its peak in October. Photo: AFP
The share price of AIA Group, the largest life insurer in Hong Kong, has slid 20 per cent from its peak in October. Photo: AFP
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