图源：AI 市场数据印证了这一趋势：2024年，香港保险市场新单保费达到2198亿港元，较2023年同期大幅增长22%。其中，内地客贡献了628亿港元，占比接近三成。这意 味着，去年香港每售出三份新保单，就有一份来自内地客户。 然而，在市场火热的背后，质疑声也从未停歇。前不久，郎咸平教授"香港保险就是一个精心策划的骗局"的发言在网络上迅速传播，引发广泛讨论。 这不禁让人思考三个核心问题： 香港保险为何持续走热？它到底是不是骗局？对于普通消费者而言，它又是否值得购买？ 内地人为什么排队买香港保险？ 这几年，内地的很多朋友普遍遭遇资产荒，陈女士就是典型代表——银行、保险都在降息，房产租售比越来越低，存钱成了难题。 她的困惑代表了不少人的心声：准备子女教育金，担心收益率跑不赢通胀；规划养老储备，买理财产品怕踩雷，投资股市又担心亏损；看到海外资产表现亮眼， 想参与却对不熟悉的市场心存顾虑。在这种背景下，香港保险以其相对稳健的特性、较高的增值收益，以及地理邻近的便利性，成为不少人的配置选择。 就连95后年轻人也开始关注这一渠道。在医药公司工作的小玉表示："内地利率持续走低，我们这代人不愿盲目买房，在市区用车需求也不高。 ...

Core Viewpoint - The criticism of Hong Kong insurance by scholar Lang Xianping highlights seven major pitfalls, raising concerns about the industry's practices and the perceived risks associated with high-yield products [1][2]. Group 1: Criticism of Hong Kong Insurance - Lang Xianping identifies seven major pitfalls in Hong Kong insurance, including unrealistic 7% returns, penalties for early withdrawals, significant discrepancies in product returns, high rejection rates for health claims, expensive legal fees, foreign exchange controls, and invalid policies signed in mainland China [1]. - The recent adjustment of the dividend insurance demonstration interest rate cap from 7% to 6.5% by the Hong Kong Insurance Authority has intensified the scrutiny on the industry, as many mainland clients rushed to purchase insurance before the change [1][2]. Group 2: Industry Overview - The Hong Kong insurance industry has developed a unique model over more than a century, with total gross premiums reaching HKD 310.9 billion in the first half of 2024, a 5.1% increase year-on-year [4]. - Mainland clients accounted for HKD 29.7 billion of new premiums, representing 25.7% of the total new business [4]. - The industry manages assets exceeding USD 4.5 trillion, ranking first in Asia and second globally, attracting significant interest from global investors due to factors like broad investment options, high product pricing rates, and policy flexibility [4][5]. Group 3: Regulatory Environment - Hong Kong's insurance sector is governed by a stringent regulatory framework, ensuring detailed reporting of investments and preventing misleading asset inflation [5][6]. - The Insurance Authority can impose various measures on companies facing irregularities, ensuring that clients' reasonable returns are paid on time [6]. Group 4: Product Features and Market Dynamics - Hong Kong insurance products are diverse, including whole life, savings, medical, critical illness, and annuity plans, with a notable preference for whole life insurance among mainland visitors [6][7]. - The ability to change policyholders and beneficiaries multiple times, along with the option to convert non-guaranteed returns into guaranteed ones, enhances the appeal of these products [7]. - The market consists of 157 licensed insurance companies and 1,649 licensed insurance agents, with the top 50 companies generating total premiums of HKD 516.5 billion in 2023, reflecting a 2.33% growth from 2022 [17]. Group 5: AIA's Position and Recent Developments - AIA Group, a leading player in the Hong Kong insurance market, has faced scrutiny following Lang Xianping's criticisms, particularly regarding its product strategy in light of regulatory changes [14][18]. - AIA's recent launch of the "Universal Income Plan" aimed to comply with the new interest rate cap while offering attractive early returns, which has sparked debate about the sustainability of such strategies [18][19]. - The company's actions reflect broader industry challenges in balancing competitive offerings with regulatory compliance and risk management in a low-interest environment [19].