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Bangkok Post
Bangkok Post
Business

Hong Kong tries to stop brain drain

Two International Finance Centre (IFC) and the headquarters of HSBC and Bank of China are seen in Hong Kong in a photo taken in July 2021. (Reuters File Photo)

HONG KONG: Hong Kong is considering easing property taxes and visa restrictions as authorities seek to curb a pandemic brain drain that has threatened the city’s status as an international financial hub.

Chief Executive John Lee could include the measures in his maiden policy address later this month, according to people familiar with the matter, who asked not to be identified because the deliberations are private. 

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