Chinachem, CityUHK, and Hang Seng Bank join forces for sustainable future

Chinachem Group, City University of Hong Kong (CityUHK), and Hang Seng Bank have announced a cross-sector partnership aimed at advancing Hong Kong’s low-carbon transition and silver economy.

By combining the strengths of the financial sector, property industry, and academia, the collaboration seeks to spark innovative ideas and develop practical approaches that bolster Hong Kong’s long-term sustainability and community wellbeing.

As Hong Kong navigates the twin challenges of shifting to a low-carbon economy and addressing an ageing population, the tripartite alliance will focus on integrating green finance, people-centric urban development, and academic research. Together, the partners will develop a white paper exploring strategies and scalable models to support the city’s economic and social transformation.

To further advance public dialogue and multi‑stakeholder engagement, Chinachem Group, City University of Hong Kong and Hang Seng Bank will jointly host the “Future-Ready Hong Kong Summit 2026” on 12 June at Nina Hotel Tsuen Wan West.

Andy Cheung, executive director and chief executive officer of Chinachem Group, said: “Hong Kong is experiencing rapid population ageing, with projections showing that more than one in three residents will be aged 65 or above by 2046."

"At Chinachem Group, we are committed to shaping communities that respond to people’s evolving needs — including our expansion into health and elderly care services through Pine Care Group in recent years. We are pleased to join City University of Hong Kong and Hang Seng Bank in this collaboration to explore new approaches that better support an ageing population and contribute to a more inclusive, future‑ready Hong Kong," Cheung added.

Freddy Boey, president and university distinguished professor of City University of Hong Kong, said: “This strategic partnership exemplifies how academia, finance, and property industry can unite to tackle Hong Kong’s pressing challenges in low-carbon transition and the silver economy. Innovation is key to a sustainable Hong Kong. By combining CityUHK’s research excellence with Hang Seng Bank’s green finance capabilities and Chinachem Group’s community development expertise, this collaboration will accelerate practical advancements in low-carbon technologies and silver economy initiatives—creating healthier, barrier-free, and resilient urban spaces for generations to come.”

Luanne Lim, executive director and chief executive of Hang Seng Bank, said: “We’re excited to partner with Chinachem Group and City University of Hong Kong to drive real progress in Hong Kong’s low-carbon and silver economy. Hang Seng Bank is taking action - expanding green finance solutions like Sustainability Power Up Fund, and developing banking services that empower our ageing population. By combining our financial expertise with our partners’ strengths, we’re turning ambition into practical solutions that will help build a more sustainable, inclusive future for Hong Kong.”

MARKETING-INTERACTIVE has reach out to Hang Seng for more information.  

The partnership aligns with the Hong Kong government’s recent unveiling of 30 measures to promote the development of the silver economy and ensure elderly citizens share in the benefits of economic growth.

These initiatives include exhibitions, retail concessions, eCommerce support, the Silver Summit, and enhanced protections for elderly consumers. Key measures involve the Commerce and Economic Development Bureau (CEDB) working with the Hong Kong Retail Management Association to introduce silver-focused products, while the Hong Kong Trade Development Council (HKTDC) facilitates the sale of such products via eCommerce platforms.

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