Hong Kong exodus: government report on finance sector skirts main reasons for expat exits

The Hong Kong government’s PR machine is fighting a rising chorus of negative publicity about the number of people from the financial community who are leaving the territory. Banks and asset managers from the US, Europe and Australia are all understood to be scaling back their Hong Kong operations as the territory maintains its strict travel and quarantine restrictions. A 21-day quarantine for international arrivals (reduced last week to 14 days) and a ban on flights from the UK…