The only way to stop Hong Kong’s talent exodus is to reverse its political course, but this will not happen, says a former Hong Kong Legislative Council member.
are highly educated, with 37.3 per cent holding undergraduate degrees and 32.2 per cent holding masters degrees according to a recent survey. Other countries, such as Australia and Canada, are also attracting a smaller but significant number of Hong Kong’s young and educated top earners.National Security Law
Despite the sector consistently falling short of finding talent to fill local jobs, the government still urges citizens to head to mainland China to. But despite such efforts, in a recent survey 79 per cent of respondents said that they were not interested in working or living in mainland China. But what Hong Kong needs the most are the mid-level engineers and managers it has lost rather than elites. In the recent Expat City Ranking 2022, Hong Kong ranked 46th out of 50 cities - it is where expats are unhappiest, scoring among the lowest in quality of life and dead last in political stability. Hong Kong’s attractiveness is now limited to workers from mainland China, where the unemployment rate for young people, including university graduates, is as high as 20 per cent.
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