Is it illegal for domestic companies without insurance agency qualification to sell Hong Kong insurance?
According to local laws in Hong Kong, mainlanders must sign insurance policies with insurance companies in Hong Kong. The CIRC also made it clear that it is illegal for insurance companies in Hong Kong to sell insurance products in the Mainland. This situation has spawned many so-called "mainland port insurance agents", who have neither the relevant qualifications issued by Hong Kong nor the authorization of the China Insurance Regulatory Commission, but illegally carry out Hong Kong insurance business in China.