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The Hong Kong Federation of Insurers said relevant Mainland authorities have not issued any formal policy documents or implementation rules regarding reports that Mainland China will levy a 20% personal income tax on gains from overseas life insuranc

2026-08-07

The Hong Kong Federation of Insurers said relevant Mainland authorities have not issued any formal policy documents or implementation rules regarding reports that Mainland China will levy a 20% personal income tax on gains from overseas life insurance policies. The federation said it is monitoring developments, will not speculate, and expects continued client demand for protection, wealth transfer and asset allocation; it added Hong Kong’s insurance market remains attractive due to flexible product design, multi-currency options and wealth-transfer services.

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2026-08-06

Eurozone retail sales fell 0.3% month-on-month in June, below the expected 0.1% and the previous figure revised from 0.20% to 0.4%.

Eurozone retail sales fell 0.3% month-on-month in June, below the expected 0.1% and the previous figure revised from 0.20% to 0.4%.
2026-08-07

According to the General Administration of Customs, China imported 283.326 million tons of crude oil from January to July.

According to the General Administration of Customs, China imported 283.326 million tons of crude oil from January to July.
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