Fed up with Covid lockdown, bankers, fund managers looking to leave Shanghai

A medical worker in protective gear collects a swab sample from a resident for nucleic acid testing, amid the Covid outbreak, in Shanghai on April 26, 2022. - Reuters

HONG KONG (Reuters): Finance sector professionals in Shanghai are preparing to move back to Hong Kong and other offshore centres after spending only a few years in the Chinese city as a harsh Covid-19 lockdown has hurt their business prospects and upended daily lives.

Thousands of bankers, traders and investors in the financial hub of the world's second-largest economy have found themselves confined to their homes, with some even struggling to secure food and other essentials for their families.