Hong Kong Insurance Authority's Zhang Yunzheng: At least three major Greater Bay Area private enterprises will come to Hong Kong to establish captive insurance companies in the next few months.

According to the Etnet Financial News app, Clement Hung, Chief Executive Officer of the Hong Kong Insurance Authority, stated at the Caixin Summer Summit that in the coming months, several mainland private companies, with at least three headquartered in the Greater Bay Area, are expected to establish their own captive insurance companies in Hong Kong.