Hong Kong will seek to reinvigorate its status as a financial hub with the central bank planning an event to gather global banking CEOs, scheduled for November.
Hong Kong Monetary Authority (HKMA) is working with foreign investment banks based in Hong Kong on an event hopes to gather global banking CEOs in the city, according to a «Reuters» report citing unnamed sources, after two years of challenging border restrictions.
The event is scheduled for early November to run alongside the Rugby Sevens, a flagship event among the international community in Hong Kong that has been sponsored by HSBC since 2014.
Potential Loosening?
According to a source in the report, easing of the mandatory seven-day quarantine requirement would be required to attract global bankers.
Meanwhile, the hotel quarantine rules are likely to stay in place at least until the end of June at the end of outgoing Hong Kong chief executive Carrie Lam’s term.
