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18 Hong Kong banks join forces to help SMEs weather financial storm

Cs news5 months ago02 mins

A dozen banks have joined six major lenders in Hong Kong to provide financial support for small and medium-sized enterprises (SME), which account for 98 per cent of the enterprises in the city, to help resolve cash-flow issues. The Hong Kong Association of Banks (HKAB) said on Monday that a total of 18 banks on…

Hong Kong leads Greater Bay Area in finance, logistics and tourism, index shows

Cs news9 months ago03 mins

Hong Kong is the most competitive city in the Greater Bay Area in three of six critical industries, according to an index that compares the relative advantages of the southern Chinese region’s 11 cities. Hong Kong tops the charts for financial services, trade and logistics, as well as culture, sports and tourism, according to the…