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European companies plan to leave Hong Kong over COVID controls

Survey shows only 17% have no intention to shift operations elsewhere

Half of respondents in the EuroCham survey cited “unusually high staff turnover” and difficulties in hiring overseas talent.    © AP

HONG KONG -- Nearly half of European companies in Hong Kong are looking to move out of the city this year, at least partially, according to a new survey on the impact of government pandemic controls.

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