Economy
Hong Kong’s Reopening Brings Scant Gains for Financial Hub
- Financial-services worker visa approvals are picking up
- IPO market just had its worst first half in two decades
Six months after Hong Kong reopened to the world, the city still has a steep climb to reclaim its place as Asia’s premier finance and tourism hub.
Hong Kong, led by former policeman and now Chief Executive John Lee, has been pushing hard to revive the city’s reputation with high-level events, new visas programs to lure top talent, tax concessions for the wealthy, and free airline tickets for visitors.