Guarded welcome for Hong Kong moves to stem brain drain, but critical border issues remain
Hong Kong's incentives to attract talent may be a step in the right direction, but the disappointment was palpable in the silence over when the border would be reopened.
FrankLin
November 15, 2022
This story first appeared in AsianInvestor.
While Hong Kong fund managers may have welcomed a series of government measures to address the brain drain and bring talent back to Hong Kong, there was disappointment that the long-awaited border reopening between Hong Kong and China was not among them.
The remarks came as Hong Kong’s new chief executive John Lee Ka-chiu on October 19 released his first Policy Address since taking office on July 1.
In the grand plan that determines Hong Kong’s key policies for the next few years, Lee acknowledged that the financial hub had lost about 140,000 of its working...
¬ Haymarket Media Limited. All rights reserved.
FinanceAsia has updated its subscription model.
Registered readers now have the opportunity to read 1 article from our award-winning website for free.
To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.
To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222
