Pursuits
Hong Kong Losing to Shanghai Means Say Goodbye to Two-Hour Lunch
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Equities traders in Hong Kong may soon have to say goodbye to lunches of sautéed ostrich and crispy pigeon at Michelin-starred restaurants and settle for a sandwich at their desks instead.
Hong Kong Exchanges & Clearing Ltd. Chief Executive Officer Charles Li wants to cut in half the two-hour break, the longest of the world’s 20 largest bourses, to bring trading in line with China’s financial markets. Bankers like Alex Wong say the break is useful for meeting clients and attending presentations.