Social News
Written by: Wang Jieen
2020-07-05 11:32
Last update date: 2020-07-05 11:32This year's Budget announced the distribution of 10,000 yuan to Hong Kong permanent residents aged 18 or over. The Financial Secretary Chen Maobo published a blog today (5th) saying that he has received a total of about 5.76 million registrations.
Chen Maobo reiterated that the 4.3 million citizens who had registered electronically in June could receive payment in batches within two or three days from tomorrow, two days earlier than the original date. He expects that more than 40 billion yuan will be released to citizens' accounts this week alone. He also said that 10,000 yuan has not been registered and applied, but it has been pre-paid, including sponsoring a social enterprise elderly loving lunch box.
The Financial Secretary Chen Maobo posted a blog saying that the cash distribution plan has so far received about 5.76 million registrations. (Profile picture / Photograph by Zheng Zifeng)
Received about 5.76 million registrations
Chen Maobo pointed out that so far, about 5.76 million citizens have received registrations, and more than 80% of them have registered with banks electronically. He reiterated that 4.3 million citizens who had registered electronically in June could receive payment in batches within two or three days from tomorrow, slightly two days earlier than the original collection date. It is expected that this week, there will be More than 40 billion yuan of funds were issued to citizens’ accounts.
As for citizens who have done electronic registration through banks since July, they will also receive payments about one week after registration. Those who have registered in writing will also receive payments later this month and next month.
▼ Distribute 10,000 21 banks participating in the cash distribution plan
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Expect to see an economic recovery later this year
Chen also pointed out that he has not registered for 10,000 yuan, but it has been spent in advance, including the elderly love lunch box sponsored by social enterprises, and ordered cookies at another social enterprise.
He believes that the funds provided by the government's cash distribution plan can create a good consumer atmosphere and help stabilize confidence. He also pointed out that the National Security Law of the Hong Kong District has come into effect, the society is gradually returning to security and stability, and relief measures are being implemented Later this year, it is expected to see the dawn of economic recovery.
The government sent 10,000 yuan | 2 million HSBC registered customers will receive the fastest payment on the 6th of this month
The government has sent 10,000 yuan | About 4.3 million people who will register at the end of June will collect the money early next week
The government distributed 10,000 yuan｜Over 4.65 million applications received
Distribute $10000 Chen Maobo
