Wealth ManagementHong Kong insurer and bank shares drop sharply on signs of widening enforcementSkyscrapers in Hong Kong, including AIA Central and the HSBC building, are seen through a fence at sunset. © ReutersLORRETTA CHEN and CISSY ZHOUAugust 6, 2026 17:53 JSTHONG KONG -- Shares of insurance companies and banks dropped in Hong Kong on Thursday as concerns mounted that China is expanding a global tax collection effort that will allow it to reach citizens' offshore wealth.