Hong Kong brain drain as graduates join exodus

Exit route: A boat sails across the Victoria Harbour in Hong Kong. The Asian financial hub is witnessing an exodus of junior talent for investment banks and law firms. — AP

HONG HONG: Recruiters are struggling to hire overseas graduates for the financial services and legal industry in Hong Kong in another sign the Asian hub is losing its lustre.

Amid a clampdown on dissent and stringent Covid-zero policies, the Chinese territory has seen an exodus of experienced financial professionals.