Global Banks Urge Hong Kong to Ease Covid Restrictions

Mark Austen, chief executive officer of the Asia Securities Industry & Financial Markets Association, the top lobby group for financial firms in Hong Kong, discusses how the Covid-19 restrictions are affecting the industry. The industry is ratcheting up pressure on the city 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. Austen speaks on “Bloomberg Daybreak: Asia.”
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