October 2017

27 October 2017, Hong Kong – Hip Shing Hong (Holdings) Company Limited (“Hip Shing Hong”) today announced to fully support the “First phase of the Space Sharing Scheme for Youth” initiated by HKSAR Government. Hip Shing Hong will contribute an area of 5,560 sq.ft. on the fourth floor of Genesis, located at 33-35 Wong Chuk Hang Road,  to support start-ups and young entrepreneurs, at one-third the market rent to Po Leung Kuk, a champion of social services and one of the oldest NGOs in Hong Kong.

Po Leung Kuk will provide a wide range of supporting services to start-ups and young entrepreneurs at concessionary rent no higher than half of the market rent. This innovative scheme will blaze a trail towards a community-wide support for young people to pursue their passion and dreams in science, technology and art development.

Mr. David Fong, Managing Director of Hip Shing Hong said, “Hip Shing Hong is honoured to support the First Phase of the Space Sharing Scheme for Youth, which was announced in 2017 Policy Address by Mrs. Carrie Lam, Chief Executive of Hong Kong SAR. Through this “Community-Business-Government” tripartite partnership, we hope to work closely with Po Leung Kuk to deliver an energetic co-working space that delivers results and helps unleash the potential of creative youth.”

Revitalised in 26 January 2015, Genesis is instilled with local and Italian artistic elements with a strong emphasis on work-life balance. Genesis is just 4-minutes’ walk from Wong Chuk Hang Station of the MTR Southern Line, providing great convenience to tenants in Genesis. Since 2015, Hip Shing Hong has been supporting NGOs such as the Hong Kong Arts Development Council (ADC), Hong Kong Federation of Youth Groups (HKFYG) and the Tung Wah Group of Hospitals at concessionary rental in Genesis, for the operation of ADC Artspace, The HKFYG Jockey Club Social Innovation Centre and i+O Styling Studio respectively. Hip Shing Hong welcomes Po Leung Kuk to provide an innovative co-working space and believes that the new addition will foster further collaborations amongst the four NGOs in Genesis.

For more information of Genesis, please visit http://www.the-genesis.hk/about.php.
For more information of Hip Shing Hong, please visit http://hshd.com.hk/en.

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About “Genesis”

Located at 33-35 Wong Chuk Hang Road and used to be the old ‘Good Prospect Building’, Genesis is the first industrial building in Wong Chuk Hang revitalized to a commercial building under the “Revitalization of Industrial Buildings” measures by the Development Bureau.  In 2013, Hip Shing Hong (Holdings) Co. Ltd. (“Hip Shing Hong”) started rejuvenating Good Prospect Building and was officially opened by the Chief Executive Mrs. Carrie Lam on 26 January 2015. Hip Shing Hong instilled “Genesis” with lots of local and Italian artistic elements with a strong emphasis on work-life balance, provides a one-of-a-kind work space in the Southern district of Hong Kong.

About Hip Shing Hong (Holdings) Company Limited

Founded in 1948, Hip Shing Hong (Holdings) Company Limited (“Hip Shing Hong”) is an astute property developer based in Hong Kong. Hip Shing Hong has actively developed, built and acquired a well-diversified portfolio of properties, which consists of commercial, residential, industrial, retail, hotel and serviced apartment in prime locations and has access to approximately 2 million sq. ft. of gross floor area.

Hip Shing Hong is fully rooted in corporate social responsibilities since the early 1960’s. In recent years, Hip Shing Hong has earned numerous accolades, including the “WGO Green Office Label” and the “UNMDGs Better World Company Label” by World Green Organisation, the “CarbonCare Champion”, the “Hong Kong Outstanding Corporate Citizenship Award”, the “Distinguished Family-Friendly Employer”, as well as the “10-Years Plus Caring Company Logo” for consecutive 13 years. We adopt sustainable initiatives at all stages of our operations and are committed to promoting green lifestyle to the community. For details, please visit www.hshd.com.hk.

Media enquiries:
Hip Shing Hong (Holdings) Company Ltd
Ms. Camille Lam
Head of Public Relations
Tel: +852 2978 3055 / +852 5687 2731
Email: camillelam@hshd.com.hk