Jamie Dimon, the Chair and CEO of JPMorgan Chase, become the first boss of a Wall Street investment bank to visit Hong Kong city or mainland China since the start of COVID-19.
- Dimon’s visit corresponds with a virtual meeting between US President Joe Biden and Chinese President Xi Jinping after the leaders will try to streamline their relations amid concerns over China’s military activities near Taiwan.
- Dimon stated that he was hopeful they work our rational plans. He further stated that it was “very important” to spend time in Hong Kong, the investment bank’s Asia-Pacific headquarters.
- Dimon, who stated the purpose of the visit was to “thank staff” for their efforts during the COVID-19 pandemic and meet regulators, is exempt from the city’s strict quarantine policy.
Travelers from the United States are required to isolate themselves in a hotel for 21 days at their own cost.
JPM up +0.32%, Pre-market trading
Source: FT
