Hong Kong has launched a HK$30bn fund alongside a package deal of measures to draw worldwide companies after strict pandemic controls and a safety crackdown crippled its standing as a world monetary hub.
Chief govt John Lee on Wednesday launched visa and tax concessions for expert international and mainland Chinese staff in his first coverage tackle, together with a transfer to make it cheaper for long-term expatriates to purchase homes.
Lee is looking for to reverse the results of presidency insurance policies that sparked an exodus of residents, decreasing the workforce by not less than 140,000 in a metropolis of 7.5 million.
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