Hong Kong’s Struggle to Lure Bankers Dims Its Role as a Global Finance Hub

HONG KONG—Before the Covid-19 pandemic, the Hong Kong Sevens rugby tournament was for years a highlight on Asia’s networking calendar for global bankers and their clients.

Now, organizers are pushing for a downsized version of the event this fall, reflecting the challenge the city faces to maintain its status as Asia’s leading financial hub.

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