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Reuters
Reuters
Business
By Selena Li, Kane Wu and Xie Yu

Hong Kong, struggling to revive hub status, sells 'China advantage' to global banks

John Lee Hong Kong China Tyrone Siu
Hong Kong Chief Executive John Lee speaks during the Global Financial Leaders Investment Summit in Hong Kong, China November 2, 2022. REUTERS/Tyrone Siu

Hong Kong and Chinese officials on Wednesday touted the city's connection to the world's second-largest economy as they looked to restore its reputation as a global financial hub after years of punishing COVID crackdowns.

Hong Kong's status as a premier financial centre has been clouded by strict anti-virus restrictions, anti-government protests in 2019 and China's imposition of a sweeping national security law on the city a year later.

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