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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Hong Kong , brain , drain , graduates , leave , Singapore ,

Next In Business News
Ringgit ends marginally lower as greenback gets lift from positive US economic data
Exsim’s unit gets RM2.36mil job in an RPT deal
TH Plantations-Cenergi power plant boosts waste-to-energy solutions
MN Holdings wins RM122.7mil contracts for data centre power works
M&G enters JV to expand vessel maintenance and repair services
Binastra wins RM1.18bil building, infrastructure contracts in Johor
FBM KLCI retreats on profit-taking despite stronger GDP data
Indonesia’s B50 delay opens short-term export window for Malaysian palm oil
Taiwan aims to be strategic AI partner in US tariff deal
Oil prices inch up as market evaluates supply risks

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.