Compulsory quarantine on entry relaxed for bosses at 480 listed companies in Hong Kong

Coronavirus chronicle

TBS Report
08 June, 2020, 04:50 pm
Last modified: 08 June, 2020, 04:52 pm
Companies can start to apply for the exemption from Monday

Directors and executives of around 480 listed companies can apply for exemption from the 14-day compulsory quarantine when arriving in Hong Kong from mainland China, according to a government statement issued on Monday morning. 

Companies can start to apply for the exemption from Monday, reports the CNN.

Companies that are listed on the Stock Exchange of Hong Kong and included in the Hang Seng Index, Hang Seng China Enterprises Index or Hang Seng Composite LargeCap, MidCap or SmallCap Index, can nominate a maximum of two persons each for the exemption.

But visits must be for performing duties related to the essential operation of the companies, such as board meetings, business review meetings or meetings with clients, or executing legal documents, the statement said. 

Directors and executives will also be subject to 14-day medical surveillance upon arrival, which requires them to wear masks, check their body temperature daily, and report any symptoms or health concerns to the Hong Kong health department.

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.