Hong Kong’s continued adherence to Beijing’s strict COVID-19 containment policy has severely damaged the city’s financial industry. Last week, a lobby group forHong Kong’s fund managers called on the incoming Chief Executive John Lee to lift the entry quarantine rules for travelers and reopen Hong Kong to the rest of the world, restoring the city’s…

Asia’s largest financial lobby group is mounting pressure on Hong Kong’s government to rethink its zero-COVID policy and ease travel restrictions for international travelers, warning that the city’s status as a financial hub is at risk. The Asia Securities Industry and Financial Markets Association (ASIFMA) wrote an open letter (pdf) to Hong Kong’s Financial Secretary…

HONG KONG—Hong Kong’s largest teachers’ union said on Tuesday it would disband, days after it was criticized by Chinese state media and the city’s Education Bureau severed ties, accusing the group of helping to infiltrate schools with politics. The move is expected to deepen concerns over the suppression of opposition groups in the Asian financial…