Hong Kong commercial banks are offering various incentives to attract mainland Chinese visitors during the upcoming Golden Week, despite Beijing's tightened cross-border investment rules and a new 20% levy on overseas investment or insurance gains. HSBC is offering up to HK$88,000 (US$11,215) for new high-end clients, while DBS provides a HK$1,500 cash rebate for new accounts with a HK$1 million deposit. Industrial and Commercial Bank of China (Asia) is offering a preferential time deposit interest rate of 6% per annum for new customers.