{"id":777019981,"date":"2024-10-18T09:28:40","date_gmt":"2024-10-18T12:28:40","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777019981"},"modified":"2026-04-22T05:03:20","modified_gmt":"2026-04-22T08:03:20","slug":"hkjc-pledges-us39m-to-youth-development-initiatives","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/hkjc-pledges-us39m-to-youth-development-initiatives","title":{"rendered":"HKJC pledges US$39m to youth development initiatives"},"content":{"rendered":"\n<p>The Hong Kong Jockey Club will fund projects with the government and NGOs.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Hong Kong.- <strong>The Hong Kong Jockey Club (HKJC) <\/strong>has announced it will work with the government and NGOs to develop customised youth programmes. The HKJC\u2019s Charities Trust has approved<strong> a donation of HK$300m (US$39m) <\/strong>to support two strategic partnerships with the Home and Youth Affairs Bureau (HYAB).<\/p>\n\n\n\n<p>One initiative is a <strong>Special Funding Scheme for Youth Life Planning Activities<\/strong> to incorporate evidence-based interventions and tools developed by CLAP@JC, a project set up by the HKJC that aims to ease the transition from school to work for young people. The other initiative supports <strong>the renovation of Youth Square<\/strong> in Chai Wan to transform it into a prominent destination for young people.<\/p>\n\n\n\n<p>As part of the celebrations for <a href=\"https:\/\/focusgn.com\/asia-pacific\/hkjc-celebrates-140th-anniversary-with-new-campaign\" target=\"_blank\" rel=\"noreferrer noopener\">its 140th anniversary<\/a>, the HKJC\u2019s Charities Trust has also allocated HK$1.4bn (US$182m) to support a series of youth development initiatives.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/ifha-elections-hk-jockey-club-ceo-re-elected-chairman\" rel=\"noreferrer noopener\">IFHA elections: HK Jockey Club CEO re-elected Chairman<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Hong Kong Jockey Club will fund projects with the government and NGOs.<\/p>\n","protected":false},"author":176,"featured_media":777020050,"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's Charities Trust has committed HK$1.7bn (US$221m) to youth development initiatives, including HK$300m for strategic partnerships with the Home and Youth Affairs Bureau and HK$1.4bn for broader programmes. These significant capital allocations underscore the HKJC's corporate social responsibility efforts and its role in community development.","focusai_entities":"Hong Kong Jockey Club, Home and Youth Affairs Bureau, CLAP@JC","focusai_location":"Hong Kong, Chai Wan","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (0.8), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"CSR Investment ROI?","query":"What is the projected long-term return on investment for the Hong Kong Jockey Club's significant corporate social responsibility capital allocations, particularly concerning its social license to operate and brand equity?"},{"label":"Capital Allocation Impact?","query":"How will these substantial charitable disbursements impact the Hong Kong Jockey Club's financial statements, future capital expenditure planning, and overall balance sheet strength?"}],"footnotes":""},"categories":[16338,23876],"tags":[22317],"class_list":["post-777019981","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\/777019981","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=777019981"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019981\/revisions"}],"predecessor-version":[{"id":777019993,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777019981\/revisions\/777019993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777020050"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777019981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777019981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777019981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}