CUHK E-Newsletter

The Chinese University of Hong Kong has received a generous donation of HK$50 million from the Lee Shau Kee Foundation. The money will be used to set up scholarships and to enhance other areas in the University's pursuit of academic excellence.

'I always believe that quality education is essential for social development. The returns on investment in education are multiple and immeasurable,' said Dr. Lee Shau Kee, chairman and managing director of Henderson Land Development Co. Ltd. 'The Chinese University of Hong Kong is a renowned academic institution that has numerous achievements to its name. I hope the donation will enable it to make further advances and bring greater benefits to society.'

Prof. Lawrence J. Lau, vice-chancellor of the University, expressed his sincere gratitude to Dr. Lee on behalf of the University, and remarked that the donation 'has great significance to CUHK' as it will 'further enhance our academic strength and help make CUHK a centre of excellence both locally and internationally.'

Over the years, the Chinese University has benefited immensely from the foresight and staunch support of Dr. Lee Shau Kee who helped found the Three-Year MBA Programme with a generous donation. He has also funded scholarships and sponsored many academic development projects of the University. He has been a member of the Advisory Board of the MBA Programmes since 1977, and a member of the Board of Trustees of United College since 1988. In 1991, he joined Dr. Cheng Yu-tung in donating US$6 million to support the CUHK-Yale South China Studies Programme. In 1993, he was conferred the degree of Doctor of Social Science, honoris causa, by the University in recognition of his distinguished contributions to the community and to CUHK. He was made an Honorary Fellow of the Chinese University in 2002.