Our member law firm Hugill & IP in HongKong published a new article: COVID-19: 100% Government-guaranteed financing for SMEs:
As explored in our article “New Relief Measure During the COVID-19 Pandemic: Hong Kong Launches the Employment Support Scheme”, The Hong Kong Government have provided substantial financial support to combat the negative economic impacts of COVID-19. As part of the second round of the anti-epidemic Fund, HK$50 billion will go towards the SME Financing Guarantee Scheme (SFGS).
You can read the full article here
