Secretary Hui Celebrates Philanthropy at Fondation de France Asia’s Night for Philanthropy Event in Hong Kong

SFST's speech at Fondation de France Asia second edition of signature's Night for Philanthropy

Following is the speech by the Secretary for Financial Services and the Treasury, Mr Christopher Hui, at the Fondation de France Asia second edition of signature's Night for Philanthropy today (May 7):

Deputy Consul General Hubin (Deputy Consul-General of France, Mr Benjamin Hubin), Mrs Axelle Davezac (Chief Executive Officer of the Fondation de France), Dr Andrew Yuen (Ambassador of the Fondation de France Asia), distinguished guests, ladies and gentlemen,

Good evening. I am most delighted to join you at tonight's Night for Philanthropy, and my thanks to the Fondation de France Asia (Foundation) for your kind invitation so that I can share the joy and great spirit of this meaningful and exceptional event.

Further to our celebration of the Foundation's establishment in Hong Kong in July last year, I am sure we are all excited to gather again tonight to rejoice the stronger ties between France and Hong Kong, under the banner of the common good, while enjoying the wonderful arts, culture, food and wine on this beautiful occasion.

Hong Kong itself has a deep tradition of philanthropy. About 10 600 charities in Hong Kong have contributed tremendously towards building and enhancing our social fabric, ranging from our schools, hospitals to elderly homes and welfare facilities. In financial year 2023-2024, approved charitable donations from business donors stood at about HK$4.8 billion; while for individual donors, approved charitable donations amounted to about HK$7.4 billion.

It is our vision to develop Hong Kong into a philanthropic centre for global family offices and philanthropists to deploy charitable capital benefiting Hong Kong, the Mainland and the overseas. This vision is not just aspirational, but is indeed deeply rooted in Hong Kong's unique strengths: our strategic location and unique proximity to China; robust legal framework and adherence to the rule of law; as well as a vibrant financial ecosystem with a strong banking system, extensive capital markets, and availability of professional services and talents. These altogether help make Hong Kong an ideal platform for philanthropic endeavours. But beyond these tangible assets, I believe Hong Kong's true potential lies in the people here in the city - your compassion, entrepreneurial spirit, and commitment to building a better society.

The Foundation, with its dedication to creating tailored projects for donors interested in supporting cross-border philanthropic initiatives, has certainly been a catalyst for positive change in Hong Kong. I am delighted to learn that the Foundation has supported five meaningful projects in the areas of education, heritage and music, four of which will be further explained later this evening. Furthermore, the Foundation has also been a strategic partner in Hong Kong's philanthropic initiative Impact Link, or iLink in short, which is being championed by the Hong Kong Academy for Wealth Legacy.

The iLink is an excellent example of public-private philanthropy partnerships, whereby private foundations as strategic partners are brought together by the HKSAR (Hong Kong Special Administrative Region) Government in pursuit of the common good. It also serves as a platform for nurturing the next generation of philanthropists and fostering meaningful collaborations that drive social change.

With the unfailing support from the Foundation and other strategic partners, capacity-building seminars and workshops under iLink have helped families initiate their first steps towards philanthropy and allowed them to acquire best practices from leading philanthropy organisations. Looking ahead, the iLink's depository platform will be launched this year, which will provide a dedicated platform for invited family philanthropists to discover scalable initiatives that address critical challenges in Hong Kong and beyond. Strategic partners, family partners and projects nominated, including those nominated by the Foundation, will be displayed on the platform. We would continue to count on the thought leadership of the Foundation in promoting the exceptional qualities of Hong Kong in supporting philanthropic causes.

In closing, may I commend Fondation de France Asia again for your contribution to Hong Kong. I wish the Foundation enormous success in all its endeavours, whether in Hong Kong, Asia or other parts of the world. For everyone here, may I wish you good health and joyful donation. Thank you very much.

Source: AI-generated images

Labour Department highly concerned about fatal work accident that happened in Kai Tak today

The Labour Department (LD) is highly concerned about a fatal work accident that happened at a construction site in Kai Tak this afternoon (January 12). While a male worker was detaching the lifting gear connected to the top of a water tank, the water tank displaced suddenly, trapping the worker between the water tank and a bored pile casing nearby. He was certified dead later in hospital. The LD is saddened by the death of the worker and expresses its deepest sympathy to his family.

The LD's spokesman said, "We commenced an immediate on-site investigation as soon as we were notified of the accident and have issued suspension notices to the contractors concerned, suspending the use of mobile cranes for lifting operation at site concerned. The contractors cannot resume the work process until the LD is satisfied that suitable measures to abate the relevant risks have been taken."

The spokesman added, "We will complete the investigation as soon as possible to identify the cause of the accident, ascertain the liability of the duty holders and recommend improvement measures. We will take actions pursuant to the law if there is any violation of the work safety legislation."

To prevent workers from being struck or trapped by loads when engaged in unrigging process, the LD reminds employers to (i) ensure that the place supporting the loads is secure; and (ii) formulate proper unrigging methods for detaching lifting gear so as to prevent displacement of the objects in the course of unrigging operations.

The general duty provisions of the Occupational Safety and Health Ordinance require employers to provide safe working environments, plant and systems of work for their employees. Those who contravene the relevant provisions are liable to a maximum fine of $10 million and imprisonment for two years.

In regard to today's accident, the LD will issue a Work Safety Alert through its mobile application "OSH 2.0", website and email, giving a brief account of the accident concerned to duty holders, workers' unions, professional bodies of safety practitioners and others, and reminding the industry of the importance of following safety precautionary measures to prevent a recurrence of similar accidents.

The LD will also remind the employer concerned of the liability for employees' compensation under the Employees' Compensation Ordinance, assist family members of the deceased to claim employees' compensation and closely follow up on the case. For those with financial difficulties, the LD will assist them to apply for appropriate emergency funds. Subject to the needs and wishes of family members of the deceased, the LD will also liaise with the Social Welfare Department for financial or other assistance.

For the sake of securing the safety and health of employees at work, the LD appeals to employers to provide plant and systems of work that are safe and without risks to health. Employees should co-operate with their employers, adopt all safety measures and use personal protective equipment provided properly to avoid endangering their own work safety and that of other workers.

Source: AI-found images