HONG KONG - Hong Kong's lobby group for fund managers urged incoming Chief Executive John Lee to scrap quarantine rules for travellers and open up to the rest of the world as urgency is needed to restore the city's status as an international financial centre.
Loosely following mainland China's zero Covid approach, Hong Kong mandates a seven-day quarantine for incoming travellers even as rival centres such as Singapore, London and New York have dropped all restrictions. Officials are now planning for a summit in November and will seek to invite top bankers and asset managers in a show that the city is getting back on its feet.
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