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Hong Kong tycoon Li Ka-shing to donate another HK$101 million to medical and welfare sectors amid pandemic

Retired tycoon Li Ka-shing will donate a fresh round of HK$101 million to Hong Kong’s medical and welfare sectors amid the third wave of the Covid-19 pandemic.

Other than benefiting patients who fell outside the city’s social security safety net, the funding would also help medical school graduates and non-governmental organisations (NGOs).

To encourage students of the Faculty of Medicine at HKU to serve the city, fresh graduates this year and next year will each be given a HK$50,000 cash gift.

Li expressed his gratitude to Hong Kong’s medical professionals for their fight against the pandemic.

“In these particularly challenging and vulnerable times, your conscientiousness and perseverance is a bright light of assurance to Hong Kong. The greatest gift of support to your effort is self-discipline,” he said.

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