Hong Kong’s “Zero-COVID” policy, following mainland China’s lead, has hit the local economy by making many Hong Kongers worry about their future and causing a massive outflow of both talent and capital. A large number of residents have left Hong Kong since the city implemented Beijing’s National Security Law in July 2020. The exodus has recently intensified due to the draconian pandemic measures put in place. According to the Hong Kong Immigration Department, from Feb. 13 to 22, the total number of arrivals of Hong Kong residents was 150,081. However, departures were 154,541, indicating a net loss of 4,460 people. The American Chamber of Commerce in Hong Kong and the European Chamber of Commerce recently confirmed that Hong Kong’s border closure and its “zero-COVID” policy have accelerated the outflow of international talent and the withdrawal of foreign investment. In addition, the Hong Kong Securities and Futures Commission (SFC) said on …