The funding will establish the Jockey Club Global Health Institute.<\/p>\n\n\n\n\n\n\n\n
Hong Kong.- The Hong Kong Jockey Club (HKJC)<\/strong> has announced a donation of HK$3bn (US$383.5m)<\/strong> to the Health Bureau and the Centre for Health Protection to reinforce epidemic preparedness in the wake of the Covid-19 pandemic. The funds will establish a Jockey Club Global Health Institute (JCGHI)<\/strong> and support capacity building in human resources for health.<\/p>\n\n\n\n The HKJC<\/strong> said in a press release: “This donation, which is one of the largest in the Club\u2019s history, is a testament to the Club\u2019s longstanding commitment to the betterment of our society and in particular to building a healthier community for all.<\/p>\n\n\n\n “It also reflects the vital need to strengthen Hong Kong\u2019s preparedness for future epidemics, with the best defence being to collaborate locally, nationally and internationally to combat infectious diseases that respect no boundaries.”<\/p>\n\n\n\n It added: “The Club\u2019s support for these projects, like all of its charity donations, is made possible by its unique integrated business model through which\u00a0racing and wagering<\/a>\u00a0generate employment,\u00a0tax<\/a>\u00a0and charity support for the community.”<\/p>\n","protected":false},"excerpt":{"rendered":" The funding will establish the Jockey Club Global Health Institute.<\/p>\n","protected":false},"author":176,"featured_media":29796,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Hong Kong Jockey Club (HKJC) has committed HK$3bn (US$383.5m) to bolster epidemic preparedness, establishing the Jockey Club Global Health Institute (JCGHI) and enhancing human resources for health. This substantial philanthropic investment, one of the largest in the Club's history, is enabled by its unique integrated racing and wagering business model, underscoring its commitment to societal betterment and reinforcing its social license to operate.","focusai_entities":"Hong Kong Jockey Club, Health Bureau, Centre for Health Protection, Jockey Club Global Health Institute","focusai_location":"Hong Kong","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), operator_casino (0.85), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"HKJC CSR Strategy","query":"How does this HK$3bn donation align with the Hong Kong Jockey Club's long-term corporate social responsibility strategy and its impact on maintaining its unique integrated business model and social license to operate?"},{"label":"Funding Model Impact","query":"What implications does the HKJC's 'unique integrated business model' have for other regulated wagering entities seeking to generate significant capital for large-scale philanthropic initiatives and enhance public perception?"}],"footnotes":""},"categories":[16338,23876],"tags":[22317],"class_list":["post-777010650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-social-news","tag-hong-kong-jockey-club"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777010650"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010650\/revisions"}],"predecessor-version":[{"id":777041071,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010650\/revisions\/777041071"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/29796"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}