The HKSAR Legislative Council approved SAR government's proposal to set up a fund for the fight against COVID-19 days ago and 30 billion Hong Kong dollars (3.85 billion U.S. dollars) were allocated.

"The committee aims to distribute the money as quickly as possible, and I would chair it," Cheung said in his blog.

Cheung stressed that the outbreak of the epidemic had hobbled Hong Kong's business environment and slackened its labor market, affecting a number of Hong Kong sectors and people's lives.

As for distribution, 10 billion Hong Kong dollars (1.28 billion U.S. dollars) would be used to upgrade the SAR government's efforts to handle the outbreak, and 17 billion Hong Kong dollars (2.18 billion U.S. dollars) would be for those affected by the outbreak including enterprises and people, while the rest would be earmarked for emergency.

Noting that the outbreak is still severe, Cheung said it is the top priority of the SAR government to contain it and protected people's health.