Hong Kong’s Battle to Lure Bankers Dims Its Position as a International Finance Hub

HONG KONG—Earlier than the Covid-19 pandemic, the Hong Kong Sevens rugby event was for years a spotlight on Asia’s networking calendar for world bankers and their shoppers.

Now, organizers are pushing for a downsized model of the occasion this fall, reflecting the problem town faces to take care of its standing as Asia’s main monetary hub.