Strive and Rise Programme Seeks 4,000 Mentees from Underprivileged Families Starting Today

Strive and Rise Programme starts recruiting fifth cohort

The Strive and Rise Programme has started recruiting 4 000 mentees for the fifth cohort today (October 30). The target group of the Programme is Secondary One to Secondary Four students from underprivileged families, particularly those living in subdivided units.

The Programme is formulated and implemented by an interdepartmental task force led by the Chief Secretary for Administration. Through tripartite collaboration among the Government, the business sector and the community, the Programme comprises three key elements, including mentorship, personal development plans and financial support. Through a one-year intensive foundation training that includes mentorship and a structured programme covering orientation, basic training, mentor-mentee interaction, diverse group activities, Mainland study and exchange tours, etc, the Programme will help mentees broaden their horizons, reinforce self-confidence, develop a positive outlook on life, explore more possibilities for personal development, set goals for the future and strive for upward mobility.

In addition, each mentee will be provided with start-up financial support of $5,000 under the Programme. Mentors will assist and guide mentees in developing positive financial planning concepts and implementing their personal development plans. Upon successful completion of the Programme, a scholarship of $5,000 will be awarded to the mentees for their personal pursuits by applying the financial planning concepts that they have learned.

Upon successful completion of the one-year intensive foundation training of the Programme, mentees will automatically become members of the Alumni Club where they will continue to expand their social network and horizons by participating in diverse activities and job tasting/internship programmes.

Eligible students are welcome to approach their schools or the non-governmental organisations that assist the Government in implementing the Programme (see Annex) for enquiries, or submit applications through the Programme's mobile application if they are interested. Applications will close on November 19. For more information about the application details of the fifth cohort, please visit the designated website: www.striveandrise.gov.hk.

Source: AI-found images

Standing Committee on Company Law Reform publishes 2025-26 annual report

The Standing Committee on Company Law Reform (SCCLR) today (October 30) published its 2025-26 annual report.

During the reporting period, the Government consulted the SCCLR on the legislative proposal to remove the exemption permitting mixed media offers. In addition, the Government briefed the SCCLR on the uncertificated securities market regime, and the company re-domiciliation regime so as to facilitate members' understanding of relevant details and latest developments.

"Over the years, the SCCLR has been our important partner in working side by side to modernise company law to keep abreast of the times. We sincerely appreciate the invaluable advice provided by the SCCLR during the reporting period, and look forward to continuing to work with the SCCLR to further consolidate Hong Kong's status as an international commercial and financial centre," a Government spokesperson said.

The SCCLR was set up in 1984. It advises the Financial Secretary on amendments to the Companies Ordinance and the Companies (Winding Up and Miscellaneous Provisions) Ordinance, as well as amendments to the Securities and Futures Ordinance on matters relating to corporate governance and shareholders' protection, as and when necessary.

The Chairman of the SCCLR is Mr Johnny Mok, SC. Members include practitioners from relevant professions including the legal, accountancy, and company secretarial fields; academics; individuals from the business community; and representatives from relevant government departments and financial regulators.

Photo source: reference image

The 2025-26 annual report of the SCCLR is available on the website of the Companies Registry (www.cr.gov.hk) for public inspection.