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Economy

Hong Kong reboot hits snag as bankers pull out of finance summit

Showcase Rugby Sevens tournament also struggles to sell out

Hong Kong's status as a global business hub was damaged by some of the world's strictest COVID curbs.   © Reuters

HONG KONG -- Hong Kong is hosting a string of blockbuster events this week to repair its bruised reputation as a global business hub, but several high-profile cancellations are aggravating doubts about the charm offensive.

The city kicked off a Fintech conference on Monday with some of Wall Street's top executives set to attend the Global Financial Leaders' Investment Summit beginning Tuesday, while the iconic Rugby Sevens tournament returns for the first time in three years.

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