Hong Kong retail sales saw an upward trajectory in August due to a strengthening economy and increasing tourist arrivals from mainland China. These factors will likely contribute to more consumer spending going forward, which in turn would benefit the local economy through tourism and education sectors.
The Hong Kong Prize is one of Asia’s premier high school contests, rewarding academic achievements and extracurricular participation with both monetary prizes and the opportunity to study abroad for free. Students may win travel scholarships abroad as well. The Hong Kong Prize aims to foster young people with an adventurous and self-challenging spirit as it helps students develop international perspectives while developing teamwork abilities.
Winners receive both cash prizes and a trophy; winning teams also have access to an internship at a multinational company in their chosen field for two weeks. In order to participate, participants must meet certain requirements such as receiving at least a B grade in their final exam and completing a residential project.
There are different categories in which participants can compete and a prize of HK$10,000 will be given to the winners of each category. A jury of experts in their respective fields selects winners in each field – first prize will receive cash prize of HK$10K while second and third place will each receive cash awards of HK$7,000; as for fourth prize winner: they’ll take home both this cash award as well as their prize of HK$5000 each!
Every year, the Hong Kong Prize recognizes outstanding scientific discoveries and contributions made by individuals or teams of scientists in Hong Kong. Nominations for this prestigious award are open all year-long; award recipients can win one award per category: Artificial Intelligence and Robotics; Life and Health; New Materials & New Energy; Advanced Manufacturing and FinTech. One individual or team may only ever win in one of these fields each year.
The HK Prize was established by Dr Wang Gungwu, former Vice-Chancellor of The University of Hong Kong. His generous donation established an award within the Department of History; which was then matched under round six of the Government Matching Scheme.
This year’s 2022 Future Science Prizes were handed out at Hong Kong Palace Museum with prizes being distributed in life science, physical science and mathematics and computer science fields. The ceremony marked by a number of accomplishments, from having the highest number of laureates ever awarded since its creation eight years earlier to an age range encompassing scientists born between 1944 and 1999. Each prize in each field includes not only its main awards, but also several runner-up prizes. As one example, senior reporter Xi Tianqi earned two runner-up prizes in the arts and culture journalism category for her coverage on Hong Kong’s efforts to become a cultural hub, while copy editor James Cook secured one in science and technology coverage section with his story on Hong Kong’s efforts to accelerate adoption of electric vehicles.