The Hong Kong Prize

The hongkong prize is an award established in 2024 to honour self-taught artists with an impressive portfolio of work. A panel of world-class art experts selects finalists who receive cash awards and enjoy increased international exposure. Applicants can submit up to three digital artworks for the chance to be shortlisted. The competition is free to enter and there are no entry fees.

Prize winners are required to produce their award notification letter together with Hong Kong Identity Document to verify their identity before claiming their prizes. If they cannot present their documents, the prize money will be forfeited. The first prize is HK$100 million, which can be shared between two or more winners, and the second prize is HK$50,000. The third and fourth prize is HK$10,000 and HK$20,000 respectively.

Since the launch of the hongkong prize, there have been four draws where the 1st prize was more than 100 million Hong Kong dollars. The prize pool is based on the percentage of total bets made (excluding Hong Kong dollar/Macau dollar) at each participating betting shop, and 54% is deducted for various taxes and other purposes.

In addition to the monetary award, the winning prize winner is given an engraved golden medal and a certificate of merit. A commemorative plaque is also awarded to the winning school, and the winning school can choose one or more merit award winners to be rewarded for their research projects and written reports on relevant topics. The judging criteria includes relevance of the theme, systematic use of collected materials and objective analysis.

The hongkong prize is run by the Board of Governors, a body made up of members from the private sector and professional associations, including representatives of the Hong Kong Federation of Youth Organisations and the Chinese Council for the Promotion of Peace and Progress. The prize is administered by LUI Che Woo Prize Limited, a company limited by guarantee incorporated in Hong Kong.

LUI Che Woo Prize is named after the late businessman, who was a long-standing supporter of public education in Hong Kong. It is the only prize to recognise the achievements of both individuals and organisations, with the aim of promoting Hong Kong as a centre of excellence in learning and research.

The prize has been a catalyst for the development of higher education in Hong Kong. In particular, it has helped to develop Hong Kong as a leading research centre in the world. The prize has provided a major impetus to the Hong Kong scientific community in many ways, such as encouraging scientists to come to Hong Kong to pursue their studies and research. It has also encouraged universities to establish advanced institutes in the field of natural sciences. In addition, the Prize has helped to foster academic exchanges between Hong Kong and Mainland China, and has contributed to the building of a friendship between the people of Hong Kong and Mainland China. It is hoped that the Hong Kong prize will continue to contribute to the growth of the science and technology community in Hong Kong and China.