Fok welcomes ‘inspiring’ budget, says Asian Games will be part of HK$1.2bn funding review

South China Morning PostEN 1 min read 100% complete by Ada LiFebruary 26, 2026 at 12:00 PM

AI Summary

short article 1 min

Hong Kong lawmaker Kenneth Fok welcomed the government's HK$1.2 billion investment in sports development, announced in Financial Secretary Paul Chan Mo-po's budget on Wednesday. Fok, also vice-president of the city’s Sports Federation and Olympic Committee, views the funding as a boost for athlete training, coaching standards, and attracting international competitions. While praising the investment, Fok urged a more strategic approach to building a sustainable sports industry, moving beyond subsidy-based models. He suggested a comprehensive review of athlete support following the Asian Games to determine how the funds should be spent. Fok emphasized the need to invest in long-term capacities that strengthen Hong Kong’s position in the global sports ecosystem and create a self-sustaining industry.

Key Entities & Roles

Key Player Opposition Context

LIV Golf Hong Kong 30% Sergio Garcia 30% Financial Secretary 40% Paul Chan Mo‑po 60% Sports Federation and Olympic Committee 60% Asian Games 70% Hong Kong ×380% Kenneth Fok Kai‑kong ×390%

Keywords

sports development 90% funding 80% hong kong 70% sports industry 70% asian games 60% athlete support 60% investment 50% sustainable 50% economic effects 40%