Hong Kong exodus could be largest ever says report as 21-day quarantine is cut

Hong Kong's city leader Carrie Lam announced on 27 January that the 21-day quarantine period most arrivals face, one of the world's most stringent timelines, would be cut to two weeks because the increasingly dominant Omicron variant has a shorter incubation period. This move to relax the rules comes against the backdrop of international businesses sounding alarm bells of a talent drain as rival financial hubs are reopening. In a draft report obtained this week by Bloomberg News, the European Chamber of Commerce warned businesses that the city could remain internationally isolated unt...