Is Hong Kong's elite leaving?
As Hong Kong people watch tearful farewells at the airport and YouTube videos of their neighbours moving into new homes in Reading and Manchester, they ask: "Is the city's elite leaving?"
The available data does not give a clear answer. According to Hong Kong government figures, there was a net outflow of 39,800 people from the city in 2020, after a net inflow for the previous nine years.
In the 12 months since the National Security Law (NSL) was enacted on June 30, 2020, there has been a net outflow of over 100,000, 1.4 per cent of the population. In the same period, more than 2,000 people applied each month for a "no criminal record" document, a pre-condition for an immigrant visa, with 3,924 in May this year, the highest for three years. ...