Li Ka-shing Foundation donated HK$ 654.38 billion to support small and medium-sized enterprises. What other Hong Kong tycoons support SMEs?

The Li Ka-shing Foundation donated HK$ 654.38 billion to support SMEs, and many Hong Kong tycoons supported SMEs. For example, the four major families in Hong Kong, Zheng's enterprise, will donate 270,000 square meters of agricultural land reserves to ease the pressure on grassroots housing. After that, the four major developers in Hong Kong, Henderson Land, Sun Hung Kai, New World and Cheung Kong Real Estate, will also be happy to cooperate with the government to donate land, and these Hong Kong tycoons will also lend a helping hand.

With the global economic slowdown, Hong Kong's local economy is facing unprecedented pressure. In order to support local small and medium-sized enterprises to tide over the difficulties of backwardness and reduce the pressure, the Li Ka-shing Foundation will donate HK$ 1 billion to help local small and medium-sized enterprises in need to maintain production and continue to develop in line with the support mode and distribution mechanism of the China SAR Government.

Mr. Li Ka-shing, the chairman of our foundation, also hopes that the 654.38 billion yuan of the foundation can play a role, and Qi Xin will work together to help major enterprises tide over the difficulties.

In fact, small and medium-sized enterprises are an important force in China's economic development. In recent years, with the promotion of "mass entrepreneurship and innovation" in China, the number of newly established small and medium-sized enterprises has increased rapidly. In addition, with the promotion of rural revitalization strategy, more and more farmers will join the entrepreneurial team, and more and more small and medium-sized enterprises will appear in rural areas.

However, it is a worldwide problem that financing is difficult and expensive for small and medium-sized enterprises, not only in China, but also in a large number of small and medium-sized enterprises. It is difficult for small and medium-sized enterprises to have many unique operating models, and it will take time to prove whether these operating models are sustainable.

Li Ka-shing and Hongkong tycoons have made great contributions to this aid.