新型冠状病毒

Hong Kong brain drain intensifies city’s economic woes

Unending Covid restrictions, compulsory quarantine and lockdown threat spark exodus from territory

Alex Chung is about to lose one of his senior executives and has no idea how he is going to replace her.

Chung’s technology consultancy firm is just one of thousands of businesses struggling to find qualified staff as a brain drain out of the Chinese territory intensifies.

Hong Kong’s status as Asia’s premier financial centre was already under pressure from coronavirus controls put in place since 2020 and a Beijing-imposed security law but the Omicron outbreak that struck in December has deepened the city’s economic woes.

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