【388】HKEX Charity Foundation Caregiver Support Program funding doubled to HKD 50 million Exclusive sponsorship of intelligent accident detection system Government hopes to install in Q3

Hong Kong Exchanges and Clearing (00388)
Its charitable foundation established a caregiver support program last year. Chairman Charles Li said the funding will be doubled to HKD 50 million. He described the program as a way for HKEX to play the role of a super connector, linking decision-makers, NGOs, social enterprises, the business community, scholars, and medical professionals, so caregivers can receive the recognition and support they deserve.

He emphasized that caregivers are the silent backbone of society, connecting families and communities. The program reflects HKEX’s commitment to resource integration and social cohesion, aiming to create a profound impact on Hong Kong society and beyond. He hopes to spread positive energy and build a warmer society.

He revealed that HKEX Charitable Foundation will sponsor, exclusively, a pilot project led by the Labour and Welfare Bureau to install “Smart Accident Detection Systems” in high-risk caregiver households, involving at least 300 families, to enhance caregiver safety.

Labour and Welfare Bureau Secretary Sun Yuhang hopes the installation will be completed by the third quarter of this year or earlier. The pilot aims to use smart technology to detect home accidents involving caregivers or those being cared for, enabling early intervention and rapid assistance.

He mentioned that the system can detect falls, prolonged immobility, and even smoke, with technology designed to accommodate Hong Kong’s small living spaces.

HKEX Group General Counsel and Group Chief Sustainability Officer Christopher Cheung added that the project will last several years, with 10 current partners. He hopes more organizations will join in the coming years to create a caregiver-friendly environment in local communities, with positive social, corporate, policy, and cultural impacts.

He pointed out that at the community level, six support teams will be established in Tai Po and Kwun Tong to provide comprehensive support services for caregivers, targeting 2,500 elderly care providers and 1,000 caregivers of children with special educational needs (SEN). Additionally, through a pilot project in collaboration with Link REIT (00823), two new community facilities will be set up at Kwun Tong Shun Lee Plaza, with plans to expand to other areas in the future.

At the corporate level, Cheung hopes to improve recognition of on-duty caregivers within companies and strengthen support for their needs. This could include promoting caregiver-friendly workplaces through charters, recognition programs, and other initiatives.

HKEX established the Hong Kong Exchanges and Clearing Charitable Foundation in 2020. Through community collaboration projects and strategic partnership programs, it helps vulnerable groups address current and emerging social challenges. As of 2025, the foundation has donated over HKD 635 million to support more than 150 projects.