In Hong Kong, strict Covid regulations throughout the pandemic have severely damaged the economy and caused businesses to relocate their operations. Now, the city is looking to reestablish itself as a global financial hub. The Hong Kong market regulator, Securities and Futures Commission, is currently trying to encourage finance firms to bring their staff who have been working remotely back in person. The SFC has expressed concerns about the risks associated with prolonged limited supervision of international remote workers.
See "As Hong Kong re-establishes its position as a global financial hub, finance firms encouraged to bring workers back in-person ", Kiuyan Wong, Bloomberg, September 19, 2022