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Hong Kong Sports Institute and Hang Seng offer cash incentives to HK medallists at Asian Para Games

01 September 2014

The Hong Kong Sports Institute (“HKSI”) and Hang Seng Bank are pleased to announce that they will offer cash incentives to Hong Kong medallists at the 11th Asian Para Games (“APG”) under the Hang Seng Athlete Incentive Awards Scheme (Scheme).

Any Hong Kong athlete who wins a gold medal in an individual event at the APG will be awarded HK$54,000, while silver and bronze medallists will receive HK$27,000 and HK$13,500 respectively. Teams that win gold, silver or bronze medals will be presented with team awards of HK$108,000, HK$54,000 and HK$27,000 respectively.

Initiated by the HKSI in 1994, the Scheme has been sponsored by Hang Seng since 1996. The Scheme provides cash incentives to Hong Kong athletes who achieve outstanding performances at the Olympic Games, the Paralympic Games and the National Games. The Scheme was expanded in 2005 to include medallists at the East Asian Games and, in 2010, medallists at the Asian Games and the APG, to further support the development of local sports. Since 1996, the Scheme has given out about HK$33 million to 410 top-performing local athletes.

Boasting a total of 23 different sporting events, the 11th APG will take place from 18 to 24 October 2014 in Incheon, Korea.