Skip to content
Subscriber Only

European Firms Consider Moving Staff From Hong Kong, Chamber Says

  • ‘Most boardrooms’ are having these discussions, chairman says
  • Hong Kong has some of the strictest quarantine rules globally
Office Workers in Central Hong Kong
Photographer: Paul Yeung/Bloomberg
Updated on

European companies are discussing relocating staff from Hong Kong, the region’s local chamber of commerce said, as the city commits to a “Covid Zero” strategy that almost every country apart from China is abandoning. 

Hong Kong’s strict quarantine measures have led many businesses to consider restructuring at least part of their operations to places such as Singapore, Frederik Gollob, chairman of the European Chamber of Commerce in Hong Kong, said Wednesday on Bloomberg Television.