HK$5,000 windfall for HK’s remote district students from Li Ka-shing
Business tycoon and invester Li Ka-shing will give 3,700 remote district students a cash incentive to help them focus on their exams
There’s good news for students in remote districts sitting for next year’s Diploma of Secondary Education examination – tycoon Li Ka-shing’s charity, the Li Ka Shing Foundation, is giving each student HK$5,000 cash.
The foundation said it hoped that the gift would help students to focus on the exam and that they trust that the students “will spend the money wisely according to their needs”.
It comes under the pilot scheme “Decide Well, Spend Wisely”, which covers 3,700 candidates from schools in Tin Shui Wai and islands including Lantau, Cheung Chau, Lamma and Peng Chau, and the funds will be given out upon registration.
The charity explained that the cash initiative was based on feedback received from “Love HK Your Way!”, a HK$300 million campaign.
The foundation said it would decide whether to extend it to candidates from other areas in a review after this scheme has been carried out.