Hong Kong taxpayers face HK$28 billion Covid bad-loan burden from SMEs
Hong Kong taxpayers may have to shoulder nearly HK$28 billion (US$3.57 billion) in bad loans from a now-defunct,…
Small Chinese exporters face hit to profits as buyers demand extended payment terms
At the ongoing autumn session of the Canton Fair, China’s largest and longest-running trade exhibition, many Chinese exporters…
Hong Kong’s Paul Chan banks on better market sentiments as retail sector stabilises
Hong Kong’s finance chief has anticipated improving market sentiments after downward trends in the retail, catering and property…