Dah Sing Bank: Generally, csi have confidence in their prospects, and more than half of the surveyed enterprises intend to expand into the Greater Bay Area.

Dah Sing Bank released the results of the "CSI Business Opportunity Survey 2024" and found that local CSI generally have confidence in their prospects. The survey found that 76% of the small and medium-sized enterprises surveyed believed that their business could grow by 4% or more in the next 12 months, and 48% of the CSI believed that their business could grow by 7% or more in the next 12 months, mainly driven by business expansion and the launch of new products and services. As for business development, 82% of CSI believed that business growth opportunities come from Hong Kong, and 46% believed that they come from the Greater Bay Area. The interviewed CSI believed that e-commerce, finance and leading technology industries will become important in macro-market development in Hong Kong.

AASTOCKSJun 19 14:16

ZA Bank becomes GPN.US's first virtual banking partner to provide financing solutions for Hong Kong SMEs

ZA Bank announced the establishment of a strategic partnership with Huanhui, a local subsidiary of Global Payments (GPN.US), to work together to enhance the digital loan experience.

Zhitong FinanceFeb 23 11:17

Hong Kong Statistics Department: The Hong Kong SME Business Revenue Current Trend Index rose to 45.5 in December 2023 and is expected to continue to rise in January this year

On January 10, the Statistics Department of the Hong Kong Government published the results of a monthly statistical survey on the business conditions of small and medium-sized enterprises (SMEs) in December 2023. According to the data, the current trend index of SME business revenue rose from 44.0 in the contracted region in November 2023 to 45.5 in December 2023.

Zhitong FinanceJan 10 17:06

Comparison of the number of Hong Kong SMEs listed on Nasdaq and GEM in recent years

Glonghui, December 11 | Hong Kong's small brokerage firms and advisors have formed a union-like association to urge more support from the government at a time when Hong Kong is experiencing a shortage of initial public offerings and declining transactions. The association, which consists of 29 small brokerage firms and advisors, was formally established this Tuesday to push regulators to relax strict control over the listing of small market capitalization stocks in Hong Kong. According to the data, the Hong Kong GEM market gradually shrank after a peak in listing in 2017. In 2021, only one Hong Kong SME was listed on the Hong Kong GEM (GEM), and no company went public in 2022 or 2023. In contrast, Hong Kong

Gelonghui FinanceDec 11, 2023 11:42

The application period for non-repayment of interest under the Hong Kong SME Finance Guarantee Scheme has been extended by another 3 months

The Zhitong Finance App learned that on June 23, at the request of the Hong Kong Government, Hong Kong Securities Insurance Co., Ltd. announced that the application period for the “SME Finance Guarantee Plan” interest repayment arrangement will be extended by another 3 months until the end of September 2023, and the maximum interest repayment limit for the current period will remain at 42 months. Borrowers in need can apply for interest repayment without repayment of principal before the term expires, or apply for partial repayment options thereafter to gradually resume normal repayment. Businesses should contact lenders in due course to discuss arrangements. According to information, the interest repayment arrangement is a special relief measure for a limited period of time. It was first published in the “SME Financing Guarantee Plan” in September 2019

Zhitong FinanceJun 23, 2023 19:17

Hong Kong's SME business index rose above 50 for the first time since the pandemic

Glonghui, April 25, 丨 The Hong Kong Productivity Council announced the results of the “Standard Chartered Hong Kong SME Leading Business Index” survey for the second quarter of this year. The index rose 6.1 to 52.8 this season, which is the first time since the COVID-19 pandemic that it has surpassed the 50 neutral level, reflecting that Hong Kong has embarked on a path of recovery and that SMEs have regained confidence in Hong Kong's business environment.

Gelonghui FinanceApr 25, 2023 14:03