Riot police respond with tear gas as protesters throw petrol bombs and set objects on fire during scuffles with police at the junction of Fleming Road, and Hennessy Road following an anti-extradition bill march from Causeway Bay towards Wan Chai and Admiralty on 29 September 2019. Photo: Felix Wong

Nine Hong Kong banks add their heft to HKMA’s coordinated financial lifeline to help small businesses survive city’s slump

  • The HKMA chaired a meeting attended by the Hong Kong Mortgage Corporation, HSBC, Standard Chartered Bank, Bank of China (Hong Kong), Citibank, Hang Seng Bank, Bank of East Asia, DBS, ICBC Asia and CCB Asia.
  • The banks agreed to a set of guidelines, similar to those during Hong Kong’s 2003 Sars outbreak, to cut small borrowers and businesses some slack
Topic |   Hong Kong economy

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Riot police respond with tear gas as protesters throw petrol bombs and set objects on fire during scuffles with police at the junction of Fleming Road, and Hennessy Road following an anti-extradition bill march from Causeway Bay towards Wan Chai and Admiralty on 29 September 2019. Photo: Felix Wong
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Enoch Yiu

Enoch Yiu

Enoch joined the Post as a business reporter in 1996. Before that, she worked at a Chinese daily newspaper for four years. She is author of two books: 'They Mean Business: 50 exclusive interviews with Hong Kong top executives' and 'Serving with Passion: stories of established catering brands in Hong Kong'.