Chinese Mainland Savers Rush to Hong Kong to Capitalize on Higher Returns, Less Risk
Many visitors have been putting their money into insurance policies and savings accounts in the financial hub since the border fully reopened
A Bank of China employee in Hong Kong hands out information on opening a new account with the branch on May 4. Photo: VCG
Hong Kong has become a hot destination for Chinese mainlanders to park their money as a turbulent onshore capital market has led many to hunt for lower-risk investments overseas.
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