The Hong Kong University of Science and Technology (HKUST) acquired a beneficiant donation of HKD 30 million from Futu Securities International (Hong Kong) Limited (Futu) to help the University’s innovation and analysis improvement, in addition to to determine a brand new scholarship recognizing excellent HKUST college students. In appreciation of Futu’s devoted help, the University has named a multi-purpose studying facility on the Lee Shau Kee Library because the “Futu Academic Pavilion,” which serving as a key educational heart for its college and college students to have interaction in educating, group discussions, and particular person studying. This initiative not solely underscores the significance of industry-academia collaboration in expertise improvement but additionally lays a stable basis for long-term cooperation between the 2 events.
The naming ceremony was lately held, and officiated by Mr. Arthur CHEN, Chief Financial Officer of Futu Holdings; Mr. Jeff SHI, Regional Director of Futu Securities; Mr. Daniel TSE, Managing Director of Futu Securities; Prof. Nancy IP, HKUST President; Prof. Charles Wang-Wai NG, Vice-President for Institutional Advancement, and Prof. Tim Kwang-Ting CHENG, Vice-President for Research and Development; in addition to different representatives from HKUST and Futu to witness this momentous event.
Mr. Arthur Chen stated, “Since its founding in 2012, Futu has been driven by a bold vision: to transform investing and financial services through the power of technology. We firmly believe that talent is the true engine of progress. Through our partnership with HKUST, the Futu Scholarship empowers the next generation of fintech leaders to pioneer an inclusive and innovative financial future. This is far more than educational support-it is a deliberate investment in Hong Kong’s legacy as a premier global hub of innovation. Together with partners across sectors, we are committed to nurturing exceptional talent, driving breakthroughs, and fueling sustainable fintech growth for Hong Kong and beyond.”
Prof. Nancy Ip remarked, “I would like to sincerely thank Futu for their generous donation. This strong support will propel the University to new heights in scientific research innovation and talent cultivation, contributing to societal progress. Futu’s philosophy of leveraging technology for the greater good aligns closely with HKUST’s core values. Our collaboration has deep roots, with Futu being a key strategic partner in the development of HKChat, the first local generative AI public service application led by HKUST scholars. As HKUST celebrates its 35th anniversary this year, we look forward to deepening our cooperation with Futu, working together to promote societal advancement, and jointly building a future driven by innovation, defined by excellence, and aimed at creating a profound impact.”
Of the HKD 30 million donation from Futu, HKD 20 million will help HKUST’s educational frontiers, fostering analysis excellence, and strengthening the University’s management in varied fields. This funding will even reinforce academia-industry partnerships and speed up the interpretation of analysis outcomes into sensible purposes that profit society.
The remaining HKD 10 million will set up the “Futu Scholarship,” which can help and acknowledge excellent undergraduates in laptop science, knowledge science, AI, biotechnology, and finance and economics over a interval of ten years, benefiting 500 college students. This program goals to encourage these college students to excel, innovate, and turn into visionary leaders who handle international challenges and advance technological progress.
This partnership highlights the shared dedication of HKUST and Futu to driving innovation and nurturing expertise, injecting new vitality into Hong Kong’s know-how and fintech industries. It motivates the subsequent era of scholars and researchers to collaborate for the sustained progress of those sectors, reinforcing Hong Kong’s place as a global monetary heart and a worldwide hub for innovation and know-how.