The Hong Kong Prize is an annual award that recognises an individual or group of people whose work has made an outstanding contribution to the development of science and technology in Hong Kong. It is a non-governmental merit-based prize. Founded by the Hong Kong Alliance of Technology and Innovation, it rewards individuals, groups and organizations for their contributions to innovation in the fields of mathematics, biology, physics, electronics, chemistry, entrepreneurship, arts and culture, as well as in areas such as education, health, social welfare, and business.

As a member of the global racing community, the Hong Kong Jockey Club has announced a record-breaking increase in the prize money for the 2022-23 season, announcing a record prize-money increase of HK$167 million. This announcement is in response to an increasing global bloodstock price and a pandemic of Covid-19, which has caused quality of imported horses to deteriorate. With an increased incentive, the Hong Kong Jockey Club hopes the incentives will motivate owners to splash out on top-line gallopers.

For the HK Prize, the organisers have announced a 20% boost in prize money for Class One, Two, and Three races. PPGs will receive a bonus of HK$1 million after winning the first race in Class Two.

In addition, the Hong Kong Jockey Club has also announced a new bonus system for the 2022-23 season. According to executive director of racing Andrew Harding, the Hong Kong Racing Authority will increase prize money across all classes. PPs who win the first race in Class Three will receive an additional HK$1 million as a bonus.

The Mathematical Sciences Prize is awarded once every two years. Recipients of the prize must give a presentation of their work. The award is sponsored by Bank of China (Hong Kong) Limited and is designed to recognise and reward individuals or groups that have made outstanding contributions to the development of mathematics, science, and engineering in Hong Kong.

The Colours of Humanity Arts Prize (2022) is also an annual award that recognizes and promotes works of art by established and emerging Hong Kong artists, as well as members of the LGBTQI+ community. This prize is supported by the Goethe-Institut Hongkong, the Justice Centre Hongkong, and the European Union Office to Hong Kong and Macao. 83 artworks have been submitted to this year’s competition. However, only 25 of these have been shortlisted. Each winner will be announced at a ceremony in the City University of Hong Kong.

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