The Hong Kong Special Administrative Region Government announced the 2025-26 Budget today (26 February), which includes measures to contain operating expenditure of post-secondary institutions. Professor Xiang Zhang, President and Vice-Chancellor of the University of Hong Kong (HKU), understands and acknowledges the Government is diligently addressing global economic uncertainty. The University, as a crucial part of Hong Kong society, is prepared to face these financial challenges in stride with the local community.
"HKU's vision is to become a world-leading university. Given the current economic climate, HKU will persist in managing the finances prudently and strategically, further bolstering the University's international standing amidst challenging times," remarked Professor Zhang.
HKU firmly believes that investment in education is pivotal to Hong Kong's future. The University appreciates the Government's support for the development of higher education during these challenging times and anticipates the Government's review of university funding policies when the economy gradually recovers. Concurrently, the University remains committed to excellence in education and research, striving to contribute to sustainable developments in times of adversity and prosperity.