Hong Kong has finally secured commitments from some of the world’s biggest banks to participate in a long-awaited summit, as it seeks to reaffirm its status as a global financial hub. The Hong Kong Monetary Authority announced Thursday that it would welcome executives including Goldman Sachs\n \n CEO David Solomon, Morgan Stanley\n \n CEO James Gorman, Standard Chartered\n \n CEO Bill Winters, and HSBC\n \n CEO Noel Quinn to the city in November.
However, the quarantine-free arrival of a wealthy outsider sparked public anger at a time when most inbound travelers were required to isolate in hotels at their own expense for up to 21 days. The backlash reached such heights that it forced Hong Kong’s then leader, Carrie Lam, to defend Dimon’s special dispensation, saying it was in the interest of “Hong Kong’s economy.
Very good chance for the leaders to plan their exit strategy👍
Let's hope these bankers' assets won't get confiscated for unknown 'national security' reasons any time soon.
Bankers being bankers are blind to human rights violations.
Does showing up in a 2-day conference mean anything? It is really down to where the money goes. If people has chosen Singapore, they could still have HQs there and fly to Hong Kong for conferences… oh just remember your views are subject to NationalSecurityLaw, bankers!
More financial support for China? Hong Kong =China?