JPMorgan Chairman Exempted from Quarantine in 'Ironclad Quarantine' Hong Kong

Jamie Dimon, Chairman of JP Morgan Chase [Photo by Reuters]

[Asia Economy Reporter Cho Hyun-ui] Jamie Dimon, chairman of JP Morgan Chase, the largest bank in the United States, was exempted from quarantine in Hong Kong, where strict quarantine measures are being enforced.

The New York Times (NYT) reported on the 16th (local time) that "Chairman Dimon visited Hong Kong for two days starting the day before, meeting with employees and authorities."

He was the first head of a Wall Street bank to visit Hong Kong since the COVID-19 outbreak, staying for 32 hours before departing for the United Kingdom.

Visitors entering from the United States, like Chairman Dimon, are required to undergo a 21-day hotel quarantine. However, he left Hong Kong before even two full days had passed.

The Hong Kong government stated that they applied an exception because they judged Dimon's visit to be beneficial to the country's economic development. JP Morgan established a company with 100% foreign ownership in mainland China for the first time in August.

Carrie Lam, Chief Executive of Hong Kong, said on the day, "Since JP Morgan is a major bank, there are things that need to be done in Hong Kong." She added, "Because Chairman Dimon stayed only within the city, the risk of virus importation from overseas can be sufficiently controlled."

Hong Kong mandates 14 to 21 days of hotel quarantine for all arrivals. Actress Nicole Kidman also sparked controversy when she was exempted from quarantine during her visit to Hong Kong for filming in August.

This content was produced with the assistance of AI translation services.