Hong Kong’s next round of Covid-19 relief funding will be under HK$30 billion, aimed at hardest-hit sectors, source says

The next phase of Hong Kong’s coronavirus relief package is expected to involve less than HK$30 billion (US$3.9 billion) aimed at businesses most battered by the pandemic, leaving out sectors deemed to be less affected, such as retail and property management, the Post has learned.A source familiar with the government’s position said officials had adopted a more cautious approach in drawing up plans for a third round of anti-epidemic funding given the city’s dire budgetary position.“The third…