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CE starts Chengdu visit

Chief Executive Carrie Lam today held bilateral meetings in Chengdu with the leaders of a number of provinces and a region.   The leaders were in the Sichuan capital to prepare for attending the 2021 Pan-Pearl River Delta (PPRD) Regional Co-operation Chief Executive Joint Conference.   The meetings followed Mrs Lam’s hosting of the High-level Meeting & the Second Plenary Session of the Hong Kong/Sichuan Co-operation Conference with the Sichuan leaders this morning.   The Chief Executive first met Hainan Governor Feng Fei who she was pleased to meet again after the Boao Forum for Asia Annual Conference in April.   Noting that Hainan is developing into a free trade port under the support of the central authorities, Mrs Lam said Hong Kong is willing to share its experience with the province in opening up and she wishes to seize the opportunities brought by the establishment of a free trade port in Hainan.   She thanked the province for agreeing to provide internship opportun

No fees for loan scheme

Banks participating in the 100% Personal Loan Guarantee Scheme will aid loan applicants without levying any application or handling fee, and borrowers should not make applications via a third party, HKMC Insurance said today.   It made the statement in response to a news report about some people claiming to help those who are unemployed make applications for the scheme using false instruments at a handling fee.   Participating banks will try their best to assist applicants, it said, adding that borrowers who pay any fees to a third party will suffer a direct financial loss.   The statement said banks reviewing loan applications will exercise professional expertise, judgement and care to conduct customer due diligence and verify borrowers' eligibility. HKMC Insurance will also conduct checks and strive to ensure approved applications meet the requirements.   Any suspected illicit behaviour such as producing false declarations or using false instruments will be reported to law enforcement agencies, it noted.   Call participating banks or the loan guarantee scheme hotline at 2536 0392 for enquiries.
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