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Hong Kong Must Reopen Globally to Keep Hub Status, Lam Says

  • Outgoing leader says home quarantine would boost reputation
  • Lam preparing to leave office on June 30 after rocky term
Carrie Lam 

Carrie Lam 

Photographer: Bertha Wang/Bloomberg
Updated on

Outgoing Hong Kong Chief Executive Carrie Lam said the city can’t function as a global financial hub if quarantine controls remain, adding pressure on the next administration to relax border curbs.

“The border control measures have really made people very impatient,” Lam said Friday in an interview with CNBC. “Of course, they’ve undermined Hong Kong’s status as a hub.”