The Omicron variant virus triggered the fifth wave of the epidemic in Hong Kong. The Hong Kong government tightened its epidemic prevention measures last week. Restaurants were banned from dine-in restaurants in the evening market, and listed premises such as beauty salons and cinemas must be closed for two weeks.
Chief Executive Carrie Lam Cheng Yuet-ngor announced before attending the guild today (11th) that the fifth round of the Anti-epidemic Fund will be launched to support industries directly affected by anti-epidemic measures and frozen due to the epidemic, including restaurants and travel agencies.
She pointed out that there is more than 4 billion yuan left in the last round of anti-epidemic funds, which is believed to be enough to release the fifth round of funding. Details will be announced this Friday (14th).
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Funding based on Round 4
Carrie Lam said that the Anti-epidemic Fund 5.0 is divided into two parts, one is for industries directly affected by the tightening of epidemic prevention measures, including restaurants and scheduled premises that must be closed; the other is for industries that have been frozen. Including travel agencies.
She pointed out that the last four rounds of anti-epidemic funds have been "buried", and there is still a balance of more than 4 billion yuan, which is believed to be enough to pay for the new round of funds. If it is really not enough, she may seek funding from the Legislative Council Finance Committee later. Hope it will be released soon.
Carrie Lam mentioned that the fifth round of the Anti-epidemic Fund will be based on the fourth round. For example, as in the previous round, restaurants will be subsidized by area, while beauty salons will be counted by the number of beauticians.
However, she pointed out that the amount of subsidy will be different from the fourth round, because when the last round of subsidy was launched, listed premises such as beauty salons had been closed for more than 100 days, and dine-in restaurants had been banned for 70 days.
The government plans to launch an anti-epidemic fund. Catering stocks will generally rise by 6% in Shanghai Niujiao's parent company, Xu Fook Building.
