Coronavirus: struggling Hong Kong firms left ‘speechless’ by ‘peanuts’ HK$3.5 billion aid package

Hong Kong industries reeling from an unfolding outbreak involving the Omicron coronavirus variant have been left disappointed by the government’s HK$3.57 billion (US$457.7 million) aid package and its decision to extend social-distancing curbs.Industry players lamented that the subsidies were insufficient to cover losses and operational costs as a result of the restrictions, which caused them to miss out on the festive peak season. They urged authorities to lift the curbs as soon as possible…

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