Finance chief’s rental deferral plan for small Hong Kong firms in trouble as Carrie Lam wants cabinet to decide whether to support bill

A rental deferment proposal by Hong Kong’s financial secretary to help struggling business tenants may be in jeopardy, as the chief executive is consulting her cabinet on whether to support or abort the controversial scheme amid mounting opposition from developers and landlords, the Post has learned.Sources said Chief Executive Carrie Lam Cheng Yuet-ngor is seeking an informal meeting soon with her Executive Council to gauge their views on Financial Secretary Paul Chan Mo-po’s budget proposal…

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