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Business critical: half of SMEs in Hong Kong give themselves six months at most without more support from government, survey finds

Nearly half of Hong Kong’s small and medium-sized enterprises do not expect to survive beyond the next six months in the face of the coronavirus, without any fresh government support.In a survey conducted this month by the Hong Kong General Chamber of Commerce of its 4,000 members, almost half of SMEs, and a quarter of large corporations out of 231 respondents, said they could stay afloat for up to six months, it revealed on Friday.The chamber found smaller businesses were suffering the most,…

Read the original article at South China Morning Post

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