Hong Kong extends HK$100bn SME loan guarantee
Hong Kong is to extend a HK$100bn ($12.8bn) loan guarantee scheme to boost small and medium-sized enterprises, the government said on Thursday, in a move that shows the private sector remains reluctant to finance small businesses.
The scheme will be extended by six months to the end of June 2010 to provide continued support for the Hong Kong economy amid uncertain economic conditions.
The extension will highlight concerns that Asias economies are yet to make a full recovery from the economic slowdown, coming even
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