Monday, December 8, 2008

FS welcomes HSBC loan scheme


FS welcomes HSBC loan scheme
08-12-2008

The Financial Secretary, John Tsang, has welcomed HSBC's HK$4-billion loan scheme to help small and medium business enterprises. Speaking during the fourth Asia Economic Summit, Mr Tsang pledged to help SMEs explore new markets in light of the financial crisis. He said that developed markets such as the United States and Europe had slowed, but emerging markets, such as India, Russia and the Middle East still offered exciting prospects.

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