Hong Kong is not quick to cancel the hotel quarantine, will Lu Chongmao's banker's wife put pressure on it?
Countries around the world have seen a high rate of vaccinations, the fatality rate of the new variant of Wuhan pneumonia has decreased, and the overall epidemic has been controlled. At the beginning of this year, restrictions on entry were gradually lifted. Masks must only be worn in some countries and places, such as hospitals, public transportation, and tourism in various countries. The industry has obviously improved. Venice, the most popular tourist destination in the world, has returned to the old way of tourism during the Easter holiday, with crowds of people, and hotels and restaurants are busy; in summer, London is full of tourists, and it is a pleasure to buy one. On the other hand, Hong Kong, The travel retail and catering industry continues to suffer, with only envy.
In mid-to-late June, it was rumored that the Hong Kong SAR government had shortened the hotel quarantine time before July 1 to improve the atmosphere in Hong Kong. Unexpectedly, there was no news until July 1, so it was changed to announce that Pooh had left to ensure his peace of mind, but it was always false. According to the news, it was not announced until August 8 that the seven-day hotel quarantine was shortened to three-day hotel quarantine + four-day home medical surveillance.
The people of Hong Kong have really suffered for too long. They are in a good mood when they hear that they can leave the country after three days of quarantine in hotels. They have forgotten that major foreign countries have not only abolished entry quarantine, but also do not have to show proof of vaccination. The SAR government is now only offering small favors. , and more importantly, cooperate with the health code after exiting the customs.
The SAR government shortened the hotel quarantine period due to economic pressure, and the main target of lure is foreign business travelers. The HKMA plans to hold an international investment summit in November, hoping to invite international heavyweight bankers to Hong Kong. People who support Hong Kong people have pointed out , if bankers come to Hong Kong, they will act as propaganda machines for the SAR government, ignoring the regime's high-handed governance of Hong Kong over the past three years, as well as the abuse of Hong Kong people, which will damage the reputation of banks and individuals. When they talk about ESG in the future, they will No credibility.
Money is the norm for bankers, and it is the hotel isolation that makes them less interested - they have a lot of time to deal with, time is money, and they are on business trips. The duration of a stop is usually less than three days, and a meeting in Hong Kong is to build a relationship. Besides, Hong Kong is different today, so The bankers reportedly offered conditions that they would not be quarantined, otherwise they would not come to Hong Kong, and three + four could not impress them.
Lu Chongmao, director of the Medical and Health Bureau, does not need to ask outsiders about the idea of a big international bank. His wife, Lu Caiyun, must know a lot about it. When Lu Chongmao was studying at the University of Hong Kong, he succeeded in chasing after school flower Lu Caiyun, and the two had a very good relationship over the years. Lu Caiyun, known as Amy Lo in the industry, is the chairman and head of UBS Wealth Management Greater China, the chief executive officer of UBS Hong Kong and the managing director of UBS Group. Listening to the visiting guests, he has strong expressive ability, his questions are focused on key points, and he asks what reporters want to know, which is really excellent. It is rumored in the industry that the super rich in Asia usually use three private banks, and UBS must be on the list. In recent years, strong countries have become the key market of UBS. Therefore, a few years ago, UBS Private Bank opened the Kowloon area at No. 1 Beijing Road, Kowloon. The office is aimed at the opening of the high-speed rail, and it is more convenient for the rich and powerful to come to Hong Kong.
Lu Chongmao was interviewed by Hong Kong 01 in 2018, talking about family, with photos : https://bit.ly/3BQLDHM
In addition to political upheaval, suspension of classes, online classes, and isolation are the main reasons for the serious loss of talents and customers in the financial industry in Hong Kong. Amy Lo may also feel a headache, not to mention that Singapore has always focused on the development of private banking. Safety.
If the SAR government continues the three + four, but grants exemption to the bankers who attended the summit in November, the public response will be even greater, and the civilians can ignore it, but there will definitely be complaints from the business community that one favors one over the other, so I guess the SAR government is paving the way for the lifting of the quarantine in November. Attract international people to visit. The public is concerned about how to strengthen the monitoring of health codes. Will the business community, especially the financial community, worry that it will not be able to wait until November?
The financial industry is the industry in Hong Kong that can best contribute to the prosperity of the walled country and the people of the walled country. Lu Chongmao has a reason to cancel the hotel quarantine quickly; if he does not understand the power of the wall, his wife will definitely be happy to make up for him.
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