Hong Kong SMEs
Enhanced SME Financing Guarantee Scheme officially in effect
Enhanced SME Financing Guarantee Scheme officially in effect
The enhancements aim to alleviate repayment pressures for SMEs seeking loans.
Diffusion index climbs to 42.3 in October
Thanks to easing financial conditions and initiative to boost the business environment.
Businesses ‘slightly’ more optimistic about Q1
This could improve with the lifting of social distancing measures.
SMEs remain in ‘expansionary’ territory in Q4 2022
This is for the eighth consecutive quarter, OCBC noted.
SMEs’ business receipts diffusion index declines to 44 in November
It is expected to increase to 48.4 in December.
External environment, cross-border travel disruption weigh business sentiment
Business receipts in the third quarter showed decreases, the C&SD reported.
SME business optimism improves in October
But, next month’s expectations are more cautious.
Trade department increases business fund schemes
This covers the Bud Fund and EMF.
Business sentiment of SMEs ‘eases’ in July
The current diffusion index dropped to 43.4 during the month.
How can SMEs benefit from HKPC's new digital portal
The portal will offer digital solutions and awareness.
Over half of Hong Kong SMEs expects to overcome 5th COVID-19 wave
Whilst 57% see their revenue will remain the same or grow in the next three months.
13% of SMEs find credit approval more difficult
The SMEs' perception jumped 1% compared to the previous quarter.
SME business receipts diffusion index dips to 46.7 in October
The current DI is also lower than the November estimate of 49.7.
HK SMEs more likely to switch to digital banks, fintech: EY
This signaled the growth in the digital transformation of SMEs in the city.
Businesses sustain optimism in July: C&SD
This is driven by the “vibrant” external demand and stabilised COVID-19 situation in Hong Kong.
Hong Kong’s Airstar Bank launches pilot trial of SME Easy Pay Loan
After transferring their existing installment loan, customers can enjoy a first 24-month principal payment holiday.
SMEs optimism hit 3-year high as economy rebounds
The overall SME leading business index rose to 46.6, the highest since Q3 2018.
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