Almost 300 eateries have closed down since June, according to the head of a trade body. Photo: Nora Tam
Hong Kong food and beverage firms struggling amid protests and slowing economy first to get cash from tycoon Li Ka-shing’s HK$1 billion donation
- Under the Li Ka Shing Foundation scheme, each eligible restaurant is expected to get HK$60,000 before the end of next month
- Money is part of HK$1 billion fund announced earlier to help struggling SMEs in difficult times, with retail sector next in line
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Hong Kong protests
Almost 300 eateries have closed down since June, according to the head of a trade body. Photo: Nora Tam