Hong Kong gym chain Physical had HK$1 million in accounts but owed HK$10 million in bank loans

Government may have to settle outstanding loans it guaranteed under scheme if Physical fails to repay banks.

Hong Kong gym chain Physical had HK$1 million in accounts but owed HK$10 million in bank loans

Hong Kong gym chain Physical had HK$1 million in accounts but owed HK$10 million in bank loans

Hong Kong gym chain Physical had HK$1 million in accounts but owed HK$10 million in bank loans

Hong Kong gym chain Physical had HK$1 million in accounts but owed HK$10 million in bank loans

Hong Kong gym chain Physical had HK$1 million in accounts but owed HK$10 million in bank loans