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Hong Kong eases travel controls for major listed companies

Executives coming from mainland China exempt from 14-day quarantine

Hong Kong Exchanges & Clearing CEO Charles Li would be among the listed company executives allowed to travel between Hong Kong and mainland China without going through 14 days' quarantine.    © Reuters

HONG KONG -- Hong Kong is easing travel restrictions to allow executives of the city's largest listed companies to travel between the territory and mainland China on essential business, the secretary for financial services and the treasury announced on Monday.

The measure applies to 480 listed companies, with each company allowed to send two management personnel to the city every month for important affairs -- including the signing of deals and attending general meetings -- without undergoing the 14-day compulsory quarantine, said Christopher Hui, the newly appointed official.

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