Hong Kong security firm’s coming closure ‘not a warning sign for industry’

The impending closure of one of Hong Kong’s leading security firms does not sound the alarm about a wave of industry shutdowns, trade representatives have said, while staff shortages remain a challenge for businesses.

Johnny Ho Kai-man, chairman of the Chamber of Security Industry, told the Post that the closure of CNT Security Company could be described as a “glorious winding up”.

Ho said the company was respected in the industry and that it did its due diligence by laying out a road map for...

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