Hong Kong government unveils huge event subsidies

Hong Kong, 24th February: The COVID-19 outbreak resulted in the cancellation or postponement of essentially all exhibitions and conferences in Hong Kong in February. That trend is expected to continue throughout March and likely most or all of April.

In response to this crisis situation, the Hong Kong government has released more than HK$1 billion (US$130 million) in subsidies designed to support the business events sector. The package is part of a much larger (US$3.9 billion) relief package that will provide support to a wide range of business sectors in the territory.