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Chinese rush to buy Hong Kong insurance, dollars as confidence cracks

Chinese rush to buy Hong Kong insurance, dollars as confidence cracks
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Hong kongHelen zhaoSami abouzahrHao hongNoah holdingsSchool of economicsManagement of beihang universityInvestment groupLawrence lamPrudential hongTan xiaofenBeihang university

Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens

Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a signal domestic confidence is languishing and that the ailing yuan faces more pressure. .

Hong kongSami abouzahrKim coghillSamuel shenHao hongHelen zhaoGeorgina leeTom westbrookSchool of economicsNoah holdingsInvestment groupManagement of beihang universityLawrence lamPrudential hongTan xiaofenBeihang university