HK Still Attractive For Businesses: Christopher Hui

Financial Services Secretary Christopher Hui on Thursday said Hong Kong is still an attractive place to do business, and that the authorities are dedicated to strengthening Hong Kong's talent.

Hui was responding to concerns from the international business community over a “brain drain” in Hong Kong because of the city’s dynamic zero approach.

Speaking on RTHK’s Moneytalk programme, he said authorities have been liaising with market stakeholders, and that the easing of some anti-epidemic measures – including the shortening of quarantine and the lifting of the flight ban – were partly in response to concerns from the business community.

Hui said the SAR had to remain vigilant because coronavirus cases here were still high, but he said Hong Kong was still a great place to do business.

"Because if we look at the structural benefits or the advantages of Hong Kong – being in the heart of Asia yet at the same time being closely connected with the mainland – I think all these structural benefits will continue to stay," he said.

Hui also pointed to the recent relaxation of Hong Kong's policy on flight suspensions for airlines.

Last month, the government halved suspension period to one week for flights that breach Covid testing rules or carry three or more passengers found to have the coronavirus.