Somehow, our brilliant leaders thought it important to give Hong Kong’s two major supermarkets HK$81 million (US$10.5 million) in Covid-19 subsidies. The decision is a bit of a head scratcher, since ParknShop and Wellcome are not exactly struggling financially.
In fact, the two dominant grocery chains are probably doing better than ever. More people are cooking at home during the pandemic, so it stands to reason that they are selling more groceries. The profits from selling toilet paper and…
READ SOURCE