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HKDSE - Hong Kong Diploma of Secondary Education
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The foundation was set up in 1980 to manage the Li Ka-shing’s charitable donations. Photo: Sam Tsang

Li Ka Shing Foundation to give HK$5,000 each to DSE candidates in remote districts

Unconditional gift comes under pilot scheme that covers 3,700 candidates from schools in Tin Shui Wai and outlying islands

Tycoon Li Ka-shing’s charity is giving HK$5,000 cash each to students in remote districts sitting for next year’s Diploma of Secondary Education examination.

The Li Ka Shing Foundation said it hoped that the unconditional gift would enable them to focus their energy on the exam.

It comes under the pilot scheme “Decide Well, Spend Wisely”, which covers 3,700 candidates from secondary schools in Tin Shui Wai and outlying islands, including Lantau, Cheung Chau, Lamma and Peng Chau,

“We trust that [the students] will spend the money wisely according to their needs,” the foundation said in an announcement.

The funds will be distributed upon registration.

The charity explained that the cash initiative was based on feedback received from “Love HK Your Way!”, a HK$300 million philanthropic campaign launched by the foundation in 2010, which indicated unconditional cash distribution could be a direct and cost-efficient approach.

The foundation said it would review its learning from this pilot scheme and decide whether to extend it to candidates from other areas.

The foundation was set up in 1980 to manage the tycoon’s charitable donations.

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