The Hong Kong Prize recognizes excellence in historical research on Hong Kong and East Asia. Established by friends of late Dr. John D. Young to commemorate his work, it is awarded annually to a third-year student with 48 credits or more enrolled. Sponsored by HKSAR government’s Sixth Round Funding Scheme and administered by Department of History.
The Hong Kong Film Awards (HKFA) is an annual awards ceremony celebrating Hong Kong-made movies that meet certain criteria, such as being produced there with at least one member of its production crew residing here, and running longer than one hour. This awards event takes place each November.
Winners are selected by a panel of judges comprised of representatives from thirteen professional film bodies in Hong Kong as well as an independent group of critics and selected industry professionals, and then celebrated at the HKFA ceremony held annually in December – each category winner receives prize money worth approximately HK$300,000 (about $361,000). Both processes are overseen by the Board of Directors who also supervise operations of these awards.
HKJC is committed to upholding the integrity of their lottery draw. Employees from their security and customer service departments perform rigorous checks on all materials used from boxing to transport; balls are measured, weighed and examined using X-ray to ensure fair and consistent draws; in addition, no two consecutive draws use the same set of balls.
HK Prize Pools
The Hong Kong Prize is an important source of funding for Hong Kong society. Proceeds from bets go toward various taxes and causes, as well as to the Hong Kong Prize Fund which supports educational research projects and has in the past funded initiatives that focus on environmental, health, or artistic concerns.
As part of their prize packages, Private Players who win their inaugural Class Three race will now receive an extra incentive of HK$1 million bonus; similarly, those winning their inaugural Class Two race will also receive this incentive. Hong Kong will maintain its position as a world-class racing centre through the increase in prize money, as it will increase competitiveness of Hong Kong’s world-class thoroughbreds; previously only a small portion was distributed as prize money for them. Now, prize money across all classes will increase across the board. HKJC has also increased the number of Group Two and Class Four races; prize money for these has jumped more than 20% while Class One races have seen 5.25-percent increases; this brings the overall prize pool up to HK$1.46 billion.