Hong Kong’s banking and insurance sectors among biggest winners under ‘Greater Bay Area’ blueprint, say analysts

//Hong Kong’s banking and insurance sectors among biggest winners under ‘Greater Bay Area’ blueprint, say analysts

Hong Kong’s banking and insurance sectors among biggest winners under ‘Greater Bay Area’ blueprint, say analysts

Hong Kong and the other cities in the “Greater Bay Area” are likely to see an increase in cross-border insurance and banking activity, mutual fund investments and commodities trading under the blue print unveiled by the Chinese government on Monday evening.The insurance sector will be one of the biggest winners under the plan for the new economic hub because it will enable more cross-border insurance policy sales, claims and investigations, said analysts. The plan also includes measures to…

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By | 2019-02-19T01:04:07+00:00 February 19th, 2019|Business|Comments Off on Hong Kong’s banking and insurance sectors among biggest winners under ‘Greater Bay Area’ blueprint, say analysts