Hong Kong is a world-class business hub, and the prize is an excellent opportunity to showcase your ideas for further enhancing our city’s role on the global stage. This year’s HK Prize has been extended to include more categories, giving you more opportunities to compete for the prize.
The HK Prize is awarded annually to students who have achieved the best results in Hong Kong studies. The award is open to third-year students who have studied at least 48 credits in History, and the winner receives a scholarship of $7,000 to $11,000 per annum. In 1996, friends and students of the late Professor John D. Young raised a fund for the establishment of this prize, which is awarded to a research postgraduate student whose field of study is Hong Kong history.
BOCHK SCIENCE AND TECHNOLOGY INNOVATION PRIZE is a merit-based scientific and technological innovation prize sponsored by Bank of China (Hong Kong) Limited. It aims to reward scientists and research teams in Hong Kong, or those from universities, industry-education-research bases and institutes set up by Hong Kong higher education institutions and located in the Guangdong-Hong Kong-Macao Greater Bay Area, for their significant scientific and technological innovation achievements, transformation and social value created. The review process is carried out independently, objectively, and fairly.
To guarantee the fairness of the draw, a number of measures have been put in place. For example, employees of HKJC’s security and customer service departments strictly check all materials used for the draw, from boxing to transport, on a regular basis. The balls used for the draw are also weighed, measured and examined by X-Ray after each drawing. Furthermore, the same set of balls cannot be used for two consecutive draws.
A special committee oversees the selection of the prize winners. The committee members are a mix of local film workers, industry representatives and critics. Moreover, the prize’s selection criteria are constantly revised in line with feedback from film experts.
In his remarks, the chief executive emphasized that the Prize would inspire young people to believe in the importance and promise of science. He further reaffirmed the government’s determination to turn Hong Kong into an international research and technology hub and to strengthen its post-secondary education sector.
This year, a total of HK$10 million will be distributed in the prizes. Besides the 1st division prize, the remaining money will be placed into a jackpot for use in subsequent draws. The odds of winning the 1st division prize are as high as one in ten. In the event that no winner is drawn, the jackpot will accumulate even further, allowing it to grow to a record-breaking amount of over HK$100 million in some cases, as seen several times in the past. The unit investment for each Mark Six Entry is HK$5.