ParknShop, part of AS Watson controlled by tycoon Li Ka-shing, collected HK$162 million in wage subsidies between June and August. Photo: Winson Wong ParknShop, part of AS Watson controlled by tycoon Li Ka-shing, collected HK$162 million in wage subsidies between June and August. Photo: Winson Wong
ParknShop, part of AS Watson controlled by tycoon Li Ka-shing, collected HK$162 million in wage subsidies between June and August. Photo: Winson Wong

‘Little logic’ in forcing Hong Kong’s biggest supermarkets to pass subsidies onto consumers through discounts during coronavirus crisis

  • Supermarkets are one of the few businesses thriving in the pandemic, yet the city’s two largest, ParknShop and Wellcome, have tapped deeply into the wage fund pool
  • The government’s plan for them to give back to a struggling public with lower prices is being criticised as a bureaucratic mess that ignores simpler solutions

Topic |   Coronavirus pandemic
ParknShop, part of AS Watson controlled by tycoon Li Ka-shing, collected HK$162 million in wage subsidies between June and August. Photo: Winson Wong ParknShop, part of AS Watson controlled by tycoon Li Ka-shing, collected HK$162 million in wage subsidies between June and August. Photo: Winson Wong
ParknShop, part of AS Watson controlled by tycoon Li Ka-shing, collected HK$162 million in wage subsidies between June and August. Photo: Winson Wong
READ FULL ARTICLE