JP Morgan chief hits HK’s pandemic rules

The strict measures made it hard for the investment bank to retain staff in HK.

JPMorgan Chase & Co Chief Executive Jamie Dimon hit Hong Kong’s strict pandemic rules, following his 32-hour visit.

According to a Reuters report, Dimon said the strict measures have made it “harder” for JPMorgan to retain their staff in Hong Kong.

The Wall Street chief arrived in Hong Kong on Monday. Dimon was exempted from going through quarantine as Hong Kong exempts business leaders from 14 to 20 days hotel quarantine.

The city’s quarantine protocols have been earlier criticised by business lobby groups, saying it will put Hong Kong’s status as a financial centre “at risk.”