Hong Kong’s Financial Sector Revival Drives Return of Professionals Amid IPO Boom

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Hong Kong is experiencing a resurgence in its financial sector, attracting professionals back to the city after years of departures due to political and social unrest in 2019 and strict COVID-19 restrictions. The city has reclaimed its status as a global financial center, surpassing Switzerland as the leading cross-border wealth hub. In the first eight months of 2026, Hong Kong raised approximately $83.5 billion, marking a significant 76% increase in funds raised, including from initial public offerings (IPOs). Executive search firms and consultancies are witnessing a growing interest from finance professionals relocating back to Hong Kong from Singapore, London, Dubai,…

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