News reports suggest that the China Insurance Regulatory Commission has taken the extraordinary step of denigrating Hong Kong's insurance product in an attempt to prevent mainland investors' money moving to China's main offshore jurisdiction.

The regulator's argument is that Chinese investors cannot avail themselves of mainland laws in the safeguarding of their investments. The website, by all accounts, also mentions the likelihood of problems for investors with interest rates and foreign exchange policy, alongside uncertainties about the yields from Hong Kong insurance products.