Seventy per cent of Hong Kong’s Small and Medium Enterprises (SME) say their income has dropped below pre-pandemic levels, despite Covid-19 restrictions being lifted a year ago, a survey has found. The Hong Kong Small and Medium Enterprises Association and Junior Chamber International Hong Kong conducted a survey in April, interviewing 568 SMEs from sectors ranging from food and beverage to retail. Results released on Thursday showed only 4.4 per cent of the respondents had reported growth since early 2023. “Factors such as the rising trend of northbound travel among Hongkongers, international…