Press Release

HKBU receives HK$100 million donation from Mr Lo Siu-tong and the Lo family

Wednesday, 10 Jul 2019

HKBU recently received a donation of HK$100 million from Mr Lo Siu-tong and the Lo family in support of the University's strategic development.

A recognition ceremony was held yesterday (9 July). It was officiated by Mr Lo's family members, including Mrs Lo Hui Kit-san, Mr Alex Law, Mrs Mildred Lee, Mr Francis Law and Mrs Elina Law, Mrs Mona Ma and Mr Dennis Law; as well as Dr Clement Chen, Chairman of the HKBU Council and Court, Dr Kennedy Wong, Chairman of the HKBU Foundation, and Professor Roland Chin, President and Vice-Chancellor.

Mr Alex Law, on behalf of the Lo family, said that with decades of effort, HKBU has already become an internationally renowned university, making numerous remarkable achievements in various research areas. His parents, Mr Lo Siu Tong and Mrs Lo Hui Kit-san, and other family members concurred with the University's motto “Faith and Perseverance”. They were deeply honoured to be able to contribute HKBU's strategic development.

Professor Chin said that Mr Lo Siu-tong is a distinguished entrepreneur, while other members of the Lo family have also had very successful careers. The respectable Lo family is dedicated to supporting various charitable initiatives with a focus on education. Over the years, they have contributed to many charitable projects both on the Mainland and in Hong Kong, thereby earning a reputation as passionate philanthropists.

Professor Chin expressed his heartfelt gratitude to the Lo family for their generosity and support of the University's Institutional Strategic Plan 2018-2028. The ten-year plan sets out to deliver the best student experience and aims to produce world-class research in three strategic clusters, namely, Creative Media and Practice, Health and Drug Discovery, and Data Analytics and Artificial Intelligence. In this connection, the Talent100 Initiative was launched to recruit a hundred academic talents from around the globe to bolster the University's teaching and research capabilities. In terms of infrastructure, a new student hostel and academic building complex will also be built on Renfrew Road.

Other HKBU representatives attending the ceremony included Mr Yeung Chee-kong, Associate Vice-President (Engagement) and Mrs Lily Chan, Secretary-General of the HKBU Foundation.

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Media enquiries: Mavis Wong from the HKBU Communication and Public Relations Office at 3411 7964 or hkbunews@hkbu.edu.hk