Hong Kong rattles bankers with strict Covid-19 quarantine, East Asia News & Top Stories


Source: singaporenewstoday.com singaporenewstoday.com

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- by admin HONG KONG (BLOOMBERG) – Hong Kong’s strict coronavirus containment measures are causing growing anxiety within the city’s financial sector, after an outbreak forced several firms to shut offices and left some employees and their children stuck in spartan government quarantine facilities. An executive at one international investment bank in the city said the firm would have to consider shifting some of its traders to other financial hubs if Hong Kong’s current quarantine policies stay in effect for the long-term. Managers at another global financial company are concerned they’ll struggle to retain and attract overseas talent if Hong...