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HSBC, AIA shares slump after report of Hong Kong bank account curbs
Hong Kong banks are ramping up scrutiny of mainland Chinese clients opening accounts in crackdown on capital flight. Read more at straitstimes.com. Read more at straitstimes.com.
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scmp.com
Hong Kong banks tighten rules in mainland China as Beijing pores over outflows
Some banks are exercising more caution with offshore accounts for their mainland China clients amid tighter investment controls from Beijing.
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caixinglobal.com
Mainland Investors Scramble for Hong Kong Accounts as Offshore Trading Curbs Bite
New restrictions on cross-border brokerage platforms are pushing investors to open accounts in person, creating a windfall for smaller Hong Kong firms
