Hong Kong’s Economy Is Not Very Promising, Says Kampery Group’s Wong

The video discusses the impact of COVID-19 on Hong Kong's business sector, highlighting the challenges faced by the catering industry and the government's measures to support affected industries. It also covers the property market trends, supply chain disruptions, and the potential business opportunities in the Greater Bay Area post-pandemic.

What was one of the main reasons for the decline in Hong Kong's catering business?

• Increased competition

• COVID-19 pandemic

• Lack of government support

• High import taxes

How much have shop rents decreased in Hong Kong due to the pandemic?

• 5-10%

• 50-60%

• 25-30%

• 10-15%

What is one of the relief measures provided by the Hong Kong government for affected industries?

• Mandatory business closures

• Low-interest loans up to 4 million HKD

• High-interest loans

• Tax increase

What percentage of food products in Hong Kong come from China?

• 70-75%

• 80-85%

• 60-65%

• 50-55%

What is a significant challenge for overseas deliveries to Hong Kong?

• Improved logistics

• Excessive supply

• Delays in shipment arrangements

• Lack of demand

What area is the company planning to expand in after the pandemic?

• Northern China

• Greater Bay Area

• Western China

• Central China

What product does the company supply across China?

• Electronics

• Coffee and tea

• Clothing

• Automobiles