Saturday, 20 April 2024
Hong Kong’s government on Wednesday pledged HK$4 billion ($511 million) in additional relief measures to help shore up an economy battered by months of protests that have eroded business confidence in the Asian financial hub.
Financial Secretary Paul Chan announced the measures at a news conference, where he also told reporters the anti-Beijing demonstrations had hurt international investor confidence in the Chinese-ruled city.
It marks the fourth round of such stimulus after the government previously offered around HK$21 billion in economic support, particularly to help the transport, tourism and retail industries.
($1 = 7.8249 Hong Kong dollars)
Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.
Smarter Decisions with Smart News
Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.
Pro-nuclear energy protesters rally against Greenpeace in Paris 
Credit Suisse taps Santangelo as global co-head of healthcare 
