CB and City Sino Group sign MOU to fund Mainland student scholarships
The College of Business at City University of Hong Kong (CityUHK) and City Sino Group (China) Limited have officially signed a Memorandum of Understanding (MOU) to establish a scholarship scheme supporting mainland students enrolled in designated master’s programmes at the College. The signing ceremony took place on campus, marking a significant milestone in fostering academic collaboration and talent development.
Under the agreement, City Sino Group will donate a sum of HK$1.5 million to fund scholarships. The initiative reflects a shared commitment to nurturing future business leaders and promoting cross-border educational exchange.
Professor Stephen Shum Wan-hang, Dean of the College of Business, expressed deep appreciation for the generous contribution in his opening remarks, “These scholarships help relieve students’ financial burdens and also enhance the competitiveness of our master’s programmes, assisting us in recruiting talented students.”
Established in 1990, the College of Business has grown into a leading institution offering around 20 master’s programmes, five of which are ranked among the top five in Asia by QS for business-related courses. The College’s MBA programme is also globally recognised, ranked among the world’s top 100 and 16th in Asia. Notably, the College pioneered Hong Kong’s first master’s degree integrating business and artificial intelligence, and maintains strong partnerships with renowned mainland universities.
(From left) Ms Diane Lai, Executive Director of City Sino Group (China) Limited, signs the MoU with Professor Shum, Dean of CityUHK College of Business.
Souvenir exchange between Mr Rich Du, Vice-President of City Sino Group (China) Limited, and Professor Shum, Dean of CityUHK College of Business.
“We are very glad that City Sino Group recognises our commitment to lifelong education programmes, and chose us as its first local university recipient for scholarship support,” Professor Shum added. “I believe this donation will lay an important foundation for our closer collaboration in the future.”
Ms Diane Lai, Executive Director of City Sino Group (China) Limited, also addressed the occasion. She highly appreciated the contributions by the College of Business of CityUHK in nurturing talents for various industries in Guangdong and Hong Kong. She added that the establishment of the scholarships was not only an expression of their commitment to education, but also an important starting of collaboration with the College of Business in incubating future leaders and many other opportunities.
The ceremony was attended by other senior representatives from City Sino Group , including Directors Ms Charmaine Xiao and Mr Kevin Yu, CEO Mr Thor Lee, and Vice-President Mr Rich Du, alongside faculty members and guests from CityUHK.
This partnership underscores the College’s ongoing efforts to expand access to quality education and strengthen ties with industry leaders across the region.
The signing ceremony takes place on CItyUHK campus, marking a significant milestone in fostering academic collaboration and talent development.