Speaking at an event this morning (4 December), Edward Yau, Secretary for Commerce and Economic Development, said small and medium-sized enterprises are the hardest hit under local upheavals, citing their money supply may be tightened with poor turnover.
Yau hoped the government's 90% loan guarantee scheme to SMEs could clear the Legislative Council this week, as such banks could shower SMEs with timely capital support.
AAStocks Financial News
Web Site: www.aastocks.com