“Hong Kong’s economy is recovering, but with shifts in consumer behaviour, the retail and catering sectors are still facing operational pressure,” Quince Chong Wai-yan, the energy firm’s chief corporate development officer, said on Thursday.
“We hope the multiplier effect generated by the coupons will stimulate local spending, unleash potential consumption, and help accelerate economic growth.”
The coupons, valid until the end of October, can be used for online shopping and are redeemable at more than 4,000 participating businesses, including restaurants, bakeries, grocery stores, electrical appliance shops, pharmacies, salons and social enterprise retail outlets.
The coupons are from a company fund dedicated to promoting energy conservation and decarbonisation, as well as supporting underprivileged groups.
Announcing the coupon distribution on Thursday, CLP Power said it had piloted electronic distribution of the coupons, with eligible customers receiving them via the company’s Domeo online platform by the end of last month.
