Hong Kong, Macau, and Taiwan Briefing: Hong Kong Insurance Authority To Build Insurance-Linked Securities Platform Seeking Cooperation.

The Hong Kong Insurance Authority has built an insurance-linked securities platform to seek cooperation. The 3rd Insurance-linked Securities Seminar was held on the 22nd, gathering over 120 international institutional investors, insurance company representatives, reinsurance company representatives, and professional service providers to discuss and cooperate on the global and Asian insurance-linked securities ecosystem, the strategic role of insurance-linked securities in institutional investment portfolio asset allocation, and to share experiences and clarify misunderstandings. The Hong Kong Customs and JD Group signed a memorandum of understanding at the Customs Headquarters building. By signing the memorandum of understanding, the two sides establish a closer communication and cooperation mechanism, strengthen compliance promotion, and jointly prevent prohibited items from entering Hong Kong through online shopping channels to more comprehensively safeguard consumer rights. The Dongguan-Hong Kong International Airport Center has seen an average annual growth of 217%. According to the latest statistics from the Huangpu Customs, the Dongguan-Hong Kong International Airport Center has seen a total import and export value of over 65 billion RMB in the three years since its operation, with an average annual growth rate of 217%. In the first quarter of this year, the value of goods imported and exported through the airport center increased by 134% year-on-year. Currently, the airport center handles over 1500 types of imported and exported goods, with over 70% of them being high-tech products. Around 80% of air cargo imported and exported in Dongguan passes through Hong Kong International Airport, and approximately 40% of the air cargo at Hong Kong International Airport comes from Dongguan.