A number of closed retail shops in Mong Kok amid the fifth wave of Covid-19 infections. Photo: Edmond So
A number of closed retail shops in Mong Kok amid the fifth wave of Covid-19 infections. Photo: Edmond So

Continuous interest rate hikes will further threaten Hong Kong’s small businesses, experts say, urging government to offer more support

  • ‘Unless the government rolls out more supportive measures, I’m worried we will see more people going bankrupt in the coming months,’ economist says
  • Four of city’s largest banks are set to increase their prime rates for the first time in four years

A number of closed retail shops in Mong Kok amid the fifth wave of Covid-19 infections. Photo: Edmond So
A number of closed retail shops in Mong Kok amid the fifth wave of Covid-19 infections. Photo: Edmond So
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