Hong Kong is betting on the return of the rowdy rugby Sevens tournament this year to restore the Asian financial centre’s fortunes as authorities said they would “actively consider” eliminating a hotel quarantine requirement that has frustrated businesses and residents of the territory since 2020.

Conceived in 1976 as a vehicle for cigarette advertising, the Sevens tournament has evolved into a rollercoaster weekend of corporate events, financial industry networking and wild boozing in fancy dress. It will return in November for the first time since 2019, after being suspended for two years by the coronavirus pandemic.

“This is really all about getting Hong Kong moving again,” said Robbie McRobbie, Hong Kong Rugby Union chief executive. “And an opportunity to demonstrate that Hong Kong can still throw a good party.”