Hong Kong Seeks to Rebuild Global Image After Protests, Security Law, and Lockdowns Led to Exodus of Western Talent
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Hong Kong is trying to rebuild its international image and appeal after anti-government protests, national security law, and COVID lockdowns led to an exodus.
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Executives and diplomats held events to boost ties between Hong Kong and the West, but outside perception remains very negative.
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Mainland Chinese now make up most new talent in Hong Kong, while Western visa applicants declined.
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Hong Kong's finance sector and IPO market have slowed, as some businesses relocated and investors grew concerned.
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Tourism and investment from mainland China recovered faster than from Europe and US, signalling a shift in Hong Kong's economy.