The hongkong prize is one of the most prestigious writing competitions in Asia, with thousands of entrants and winners each year. The competition rewards winners with monetary prizes and the opportunity to participate in an awards ceremony. If you’re thinking about entering the competition, it’s important to read all the rules and regulations carefully. If you don’t, you could end up disqualified from the contest.
Besides the cash, the winnings can also include travel and other rewards. The winnings from a single ticket are based on the number of matching main numbers drawn. The 1st prize is worth a total of HK$8 million, while the 2nd prize is HK$4 million. If no winner wins the first and second prize, the money that would have been paid out for those prizes is added to a jackpot (Duo Bao Jiang) in the next draw, which can reach about HK$100 million.
The prize pool for the 2024 Paris Olympics will be more than doubled, reaching HK$3 billion including the supplementary prizes. The increase in the prize money will help attract more elite athletes to Hong Kong, boosting the local sports scene and making it a global sport hub.
In addition to the monetary prizes, the winnings will also come with other benefits such as accommodation, flights, and food vouchers. The winner of the top prize will be announced in March, with a chance to win an additional HK$1 million. The winners of the remaining prize categories will be notified later this month.
Besides being a valuable platform to promote science and technology, the Hong Kong prize also gives young researchers the chance to gain international exposure and recognition. Moreover, the winners will be awarded with certificates and trophies.
The BOCHK Science and Technology Innovation Prize is open to individuals or teams of scholars at universities, research institutes, and innovative enterprises in Hong Kong and abroad who are recognized for their pioneering efforts in scientific research and influence on the transformation of R&D outcomes in Hong Kong. The prize field rewards are categorized into five areas: artificial intelligence and robotics, life and health, new materials and energy, advanced manufacturing and fintech. Each field reward should not be given to more than 5 persons (or teams).
This year’s BOCHK Science and Technology Innovation Prize Laureates will each pocket a cash prize of HK$2 million, sponsored by Bank of China (Hong Kong) Limited. The winners, selected from among nominations by universities, research institutions and academicians in Hong Kong and abroad, are expected to inspire scientific researchers and innovators to continue their innovative exploration, establish themselves in Hong Kong and contribute to the world.
HKJC employees rigorously check all aspects of the prize draw, from the boxing to the transport of the balls, on a daily basis to ensure that the results are fair and accurate. The Balls used in the draw are measured, weighed, and examined by X-Ray on a regular basis, and the same set of balls is not used for two consecutive draws.