Beijing’s offshore insurance tax tests Hong Kong wealth management

Financial markets have been gripped by concern in recent days over reports that China was introducing a new tax on returns from offshore insurance policies. The significance of the episode could prove more complex than the initial market reaction suggests. According to a report from Caixin, Chinese tax authorities have

HONG KONG/LONDON, Aug 12 : Even after cutting its expected IPO valuation to $30 billion to $40 billion from a near $100 billion private market peak, Shein faces questions over whether slowing growth, rising costs and changing market conditions justify that price tag.Five investors who attended presentations or reviewed