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6 in 10 SMEs plan to invest over 15% of their revenue within GBA: survey

Staff Reporter

,

Hong Kong


Photo by Ryan Mac on Unsplash

Enterprises are highly optimistic about GBA’s economic growth potential.

More than half (60%) of small and medium enterprises in Hong Kong are eyeing to invest over 15% of their revenues within the Greater Bay Area, Hang Seng Bank has found.

According to the bank’s survey, SMEs in the city and the Mainland are highly optimistic about GBA’s outlook and economic growth potential.

SMEs (70%) are particularly optimistic about the interconnectedness programmes launched by the Mainland and Hong Kong governments, while 80% hope for faster implementation.

With new opportunities on the horizon, SMEs expressed a strong demand for cross-boundary financial products and services, especially lending and professional wealth management services, including flexible insurance policies and comprehensive cash and liquidity management solutions. 

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Source By https://hongkongbusiness.hk/financial-services/news/6-in-10-smes-plan-invest-over-15-their-revenue-within-gba-survey

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