H.K. Market Watchdog Lost 12% of Staff Amid Emigration Jump
This article is for subscribers only.
Employee turnover at Hong Kong’s securities regulator more than doubled in 2021, as vacancies were difficult to fill amid a wave of emigration from the city and as strict Covid-19 prevention measures have stymied recruitment from abroad.
The Securities and Future Commission saw its staff turnover rise to 12% in 2021 from 5.1% as a quarter of its junior professional staff quit, Chairman Tim Lui said to lawmakers on Monday.