Posted inHong Kong

Local businesses say Hong Kong’s consumption vouchers offer only limited boost as retail economy rebounds

The handout of almost HK$30 billion worth of consumption vouchers to more than 5.5 million Hongkongers in an attempt to boost the Covid-stricken economy has had only a limited stimulus effect, neighbourhood merchants say.  Carol Mui, a fashion store owner in a sleepy neighbourhood mall in Kennedy Town, said she saw no difference in revenue […]