The finance industry is ratcheting up pressure on Hong Kong to ease its strict quarantine rules and abandon its zero-Covid policy after a survey found almost half of major international banks and asset managers are contemplating to move staff or functions out of the city.
In a letter sent over the weekend to Financial Secretary Paul Chan that was seen by Bloomberg News, the Asia Securities Industry & Financial Markets Association, the top lobby group for financial firms in the city, said the hard-line approach has put Hong Kong’s status as financial center, its broader economic recovery and competitiveness at risk.
"up" - Google News
October 25, 2021 at 04:00AM
https://ift.tt/3GhQAZX
Global Banks Up Pressure on Hong Kong to Ease Restrictions - Bloomberg
"up" - Google News
https://ift.tt/350tWlq
Bagikan Berita Ini
0 Response to "Global Banks Up Pressure on Hong Kong to Ease Restrictions - Bloomberg"
Post a Comment