Hong Kong leader John Lee outlines measures to lure international insurers, make city regional risk-management hub

Quick Summary:

Measures including tax incentives and regulatory reforms will attract more international insurers to Hong Kong as the city aims to compete with Singapore as a regional risk-management hub, John Lee says.

People cross Pedder Street in Central in March 2022.

Government measures and the city’s position in the Greater Bay Area will help attract insurance companies, Chief Executive John Lee said.

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Article Details

Author / Journalist: Enoch Yiu

Category: Economy

Markets: Hong KongSingapore

Topics: March Position City’s Pedder Cross 2022 People Central Government Street Measures

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-12-05 @ 14:45:30 (2 months ago)

News Timezone: GMT +8:00

Ranking: #320 (out of 7607 stories this day)

News Source URL: scmp.com

Language: English

Article Length: 60 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 2157870

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