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Chinachem Group, City University of Hong Kong and Hang Seng Bank Announce Strategic Partnership to Advance Hong Kong’s Low-Carbon and Silver Economy
09 March 2026
Andy Cheung, Executive Director and Chief Executive Officer of Chinachem Group (left) together with Freddy Boey, President and University Distinguished Professor of City University of Hong Kong (right) and Luanne Lim, Executive Director and Chief Executive of Hang Seng Bank (centre), announce the launch of a strategic partnership to advance Hong Kong’s green and silver economy.
Chinachem Group, City University of Hong Kong and Hang Seng Bank today announced the launch of a strategic partnership, “Driving a Low-Carbon Ecosystem, Inspiring the Silver Generation”, to advance Hong Kong’s low-carbon and silver economy through a cross-sector collaboration (hereinafter referred to as “The Tripartite Partnership”). By bringing together the capabilities of the financial sector, the property industry, and academia, the partnership aims to spark new ideas and develop approaches that strengthen Hong Kong’s long‑term sustainability and community well-being.
As Hong Kong transits to a low‑carbon economy and ageing population, The Tripartite Partnership seeks to combine green finance, people‑centric urban development, and research insights to shape a roadmap to help city navigate the journey. The three parties will jointly develop a whitepaper that explores strategies and scalable models to drive Hong Kong’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. The summit will feature two Nobel Laureates for 2025 - Professor Susumu Kitagawa, Vice President of Kyoto University, and Professor Omar M. Yaghi from the University of California, Berkeley - alongside leading industry experts. They will share insights from both academic and practical perspectives, offering strategic recommendations for the development of Hong Kong’s low carbon and silver economy. Highlights from The Tripartite Partnership’s upcoming whitepaper will also be shared, offering early direction on the strategies and opportunities identified through this cross‑sector collaboration.
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.”
Professor 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.”
Corporate Communications