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AP National Business

Cyclone, absences threaten to dull Hong Kong finance meeting

KTVZ
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Published 3:00 AM

By ZEN SOO
Associated Press

HONG KONG (AP) — A tropical storm and absences of VIP guests are casting a shadow over a financial conference meant to help Hong Kong restore its image as a financial hub and destination for business travel. The first major conference since the city lifted COVID-19 quarantine restrictions was due to begin Wednesday. But at least four top executives from institutions including the CEOs of Citigroup and Barclays, who had been expected to attend the Global Financial Leaders’ Investment Summit, were dropping out. A tropical storm was forecast to bring torrential rains as it passes 200 kilometers (120 miles) to the southwest, in further bad news for organizers of the meeting.

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