Hang Lung Properties: No intention to lay off staff or reduce salary without applying for employment protection plan

Financial News

Written by: Lin Leqian

2020-06-01 19:10

A spokesman for Hang Lung Properties (0101) said that although the Group has increased operating pressure due to the epidemic, Hang Lung has no intention to lay off staff or reduce wages and will not apply for the government's "employment protection" plan. The Group expects industries affected by the epidemic to be good Employee wage subsidies enable public funds to be used more effectively.

Hang Lung also said that since the second half of last year, rent concessions have been provided to tenants in response to social events. This year's attack on the epidemic will provide tenants with or extend previous rent concessions, and also introduce consumer stimulus measures to assist tenants Step out of the trough.

The epidemic also affects the livelihoods of vulnerable communities. Therefore, Hang Lung uses corporate resources to work with community partners to provide food and supporting support to poor families and grassroots people to relieve their urgent needs.

Hang Lung Chen Qizong's annual report on Hong Kong's current affairs: the police are extremely restrained by Western countries to claim justice

【Wuhan Pneumonia】Henglong Center tenants have no money to pay tenants, and the lack of free business has dropped by 99%

Hang Lung Anti-epidemic Fund donated RMB 10 million to purchase anti-epidemic and food package at the grassroots level

Hang Lung Properties