Talent Will Come Back To HK, Says Christopher Hui
"); jQuery("#212 h3").html("

"); });
2022-03-31 HKT 11:18
Financial Services Secretary Christopher Hui on Thursday said he is confident that professionals will return to Hong Kong in future, saying recent departures are just a short-term phenomenon prompted by Covid restrictions.
On Wednesday, Chief Executive Carrie Lam said it “might be an indisputable fact” that business talent is leaving the SAR.
On a radio programme, Hui said the people who have left are those who often needed to travel in and out of Hong Kong due to work, and he believes they will come back.
“Should we call it an outflow of talent, or are people just going to other places at the moment for work or business purposes? I think these talents will return, as long as we let people know that here is where opportunities lie,” he said.
“People have left really quickly, but they may come back really quickly too. If we control the epidemic well and promote our selling points through different strategies, I am confident.”
The minister added that the government has listened to views from society and has adjusted its Covid policies, such as lifting flight bans and shortening quarantine periods.
Meanwhile, Hui also brushed off concerns that the resignation of two senior British judges from Hong Kong's top court may harm the city's status as an international finance hub.
The president of the UK Supreme Court, Robert Reed, and judge Patrick Hodge are stepping down as non-permanent judges on the Hong Kong Court of Final Appeal, with Reed saying they cannot stay “without appearing to endorse an administration which has departed from values of political freedom and freedom of expression”.
But Hui said it is clear that the rule of law remains intact in the SAR, and that the political motives behind the judges’ move are also clear.
Alibaba Invests Over US$50 Billion To Drive AI And Cloud Expansion By 2028
Alibaba Group (9988.HK) revealed plans to invest over 380 billion yuan (US$52.44 billion) into its cloud computing and ... Read more
SFC IOSCO Asia-Pacific Meet-up Sets Roadmap For Sustainable And Secure Capital Markets
The Securities and Futures Commission (SFC) recently participated in a series of dialogues under the International Orga... Read more
WeLab Bank Accelerates AI Deployment With Deepseek To Enhance Efficiency
WeLab Bank has taken a significant step forward in its AI deployment strategy by exploring innovative solutions to enha... Read more
Fusion Bank Completes Core Banking System Migration In 10 Months With Tencent Cloud
Fusion Bank, a licensed digital bank in Hong Kong, has completed its migration to a new core banking system in collabor... Read more
Hong Kong Banks Can Begin Issuing Credit Cards In Mainland China From March 1
Hong Kong banks’ mainland credit cards will soon be available in mainland China, marking a significant step towards d... Read more
SFC Introduces ASPIRe Roadmap To Strengthen Virtual Asset Market In Hong Kong
The Securities and Futures Commission (SFC) outlined 12 key initiatives under the SFC virtual asset ASPIRe roadmap to e... Read more