The Hong Kong Jockey Club today (29 December) is pleased to announce an approved donation of up to HK$630 million to support a series of initiatives by the Government of the Hong Kong Special Administrative Region (HKSAR) to mark the 25th anniversary of the establishment of the HKSAR.

"In the past 25 years, Hong Kong has flourished with the full support of our country. As for the Club, it has stayed true to its purpose of acting continuously for the betterment of Hong Kong, supporting the city's growth and development. On the special occasion of the 25th anniversary of the HKSAR, the Club is delighted to lend its support to initiatives that will instill positive energy and benefit the overall well-being of our community," said Club Chairman Philip Chen.

"The Club's support for the anniversary programmes, like all of its charity donations, is made possible by its unique integrated business model through which racing and wagering generate tax and charity support for the community. It reflects the Club's strong commitment to Hong Kong and to helping people of all ages and from all walks of life build a better life and future in our city," Mr Chen added.

The funding will support around 60 initiatives covering five key areas: arts and culture; sports; support to the underprivileged; sustainability; and international conferences.

The HKSAR Government will launch a series of initiatives to mark its 25th anniversary. For details, please refer to the government website: www.hksar25.gov.hk.

The Hong Kong Jockey Club
Founded in 1884, The Hong Kong Jockey Club is a world-class racing club that acts continuously for the betterment of our society. The Club has a unique integrated business model, comprising racing and racecourse entertainment, a membership club, responsible sports wagering and lottery, and charities and community contribution. Through this model, the Club generates economic and social value for the community and supports the Government in combatting illegal gambling. In 2020/21, the Club returned a total of HK$29.4 billion to the community. This included HK$24.9 billion to the Government in duty, profits tax and Lotteries Fund contributions and HK$4.5 billion in approved charity donations.  The Club is Hong Kong's largest single taxpayer and one of the city's major employers. Its Charities Trust is also one of the world's top ten charity donors. The Club is always "riding high together for a better future" with the people of Hong Kong.