Presenter:Cindy Ng
Listen to #Hashtag Hong Kong every Sunday morning at 8.15
Focussing on issues affecting civil society, we'll hear from representatives of NGOs, associations, statutory bodies, and non-profit groups.
(Sundays 8.15am - 8.25am)
The Hong Kong Jockey Club Financial Education Programme is an initiative designed to empower upper primary students with essential financial competency they need for financial well-being and lifelong success.
Financial capability is more than just a skill—it’s a life necessity. It determines whether young people can navigate adulthood with confidence, achieve financial stability, and avoid pitfalls like scams or poor financial decisions. While Hong Kong ranks highly on global financial literacy indices, younger individuals often exhibit lower scores and express dissatisfaction with their financial situations.
Regardless of socio-economic background, all young people face financial decisions that can shape their long - term well-being. Unfortunately, most existing initiatives and after-school activities often fall short of providing a comprehensive, scalable solution. This gap underscores the urgent need for a structured, impactful programme like the one we’re discussing today.
Aligned with curriculum reforms in primary school Humanities subjects and supported by the Education Bureau, this programme is a collaborative effort initiated and funded by The Hong Kong Jockey Club Charities Trust . Partners include The University of Chicago Financial Education Initiative , The Education University of Hong Kong , the Hong Kong Family Welfare Society , CoCoon Foundation , and Solomon Learning Group .
At its core, the programme seeks to strengthen financial literacy as a future-ready skill. By equipping students with essential knowledge, the right mindset, and critical decision-making abilities, it aims to help them achieve long-term financial well-being and personal fulfillment. Students will learn to judge right from wrong in financial matters, avoid scams, and make informed choices, these are skills indispensable in today’s fast-paced digital economy.
What distinguishes this initiative is its holistic and sustainable design. By collaborating with local educators and global experts, the programme delivers high-quality learning materials and professional development support. Its integration into the formal curriculum ensures longevity, while its focus on experiential learning and community engagement makes it uniquely impactful.
The programme adopts a holistic approach, engaging three key stakeholders: students, teachers, and parents.
Central to the programme is a culturally relevant, age-appropriate curriculum tailored for upper primary students. Developed in alignment with the Hong Kong Financial Competency Framework and researches from the University of Chicago’s Financial Education Initiative, the curriculum integrates financial education into formal lessons, particularly in Humanities subjects. This ensures sustainability and creates a lasting impact within the school system.
To reinforce classroom learning, experiential activities such as marketplaces and inter-school competitions allow students to apply decision-making skills in real-life scenarios. These activities foster critical thinking, practical decision-making and problem-solving skills, helping students build confidence in assessing risks, and making sound judgments.
Teachers are pivotal to the programme’s success. To support them, professional development training and certification are provided, equipping educators with the tools and expertise needed to teach financial education effectively. Additionally, Communities of Practice will be established, bringing together teachers from different schools to co-create resources, share experiences, and foster collaboration. This network ensures that best practices are shared and scaled across participating schools.
Parents play an equally vital role in shaping their children’s financial habits. The programme offers parent-child workshops and public talks, providing expert advice and practical strategies for modeling sound financial behavior. Parents will also learn how to guide their children in recognising and avoiding financial scams which is a growing concern in today’s digital age. By involving parents, the programme creates a supportive ecosystem that reinforces financial education both at home and in school.
To ensure effectiveness, the programme incorporates an evidence-based evaluation design. This approach assesses student learning outcomes and provides valuable insights for continuous improvement. Data-driven feedback loops enable the programme to adapt and evolve, ensuring maximum impact.
Over the course of its implementation, the programme will benefit:
17,800 students , 240 teachers , and 1,500 parents across 70 schools.By targeting these groups, the programme creates a ripple effect, fostering a culture of financial literacy in school system.
The Hong Kong Jockey Club Financial Education Programme represents a critical step toward preparing young people for the future. By equipping them with the skills, knowledge, and mindset to make sound financial decisions, we are nurturing a generation of confident, financially responsible citizens.
Financial education is not just about numbers, it’s about empowerment, resilience, and opportunity. Together, we can create a brighter future for our children and our communities.
06/04/2025 - Daniel Lai - Programme Director of the Hong Kong Jockey Club Financial Education Programme
Presenter:Cindy Ng
The landscape of substance use amongst young people in Hong Kong presents a significant public health challenge that demands comprehensive attention. KELY Support Group is committed to youth drug and alcohol prevention, recognising the complex factors contributing to substance misuse amongst adolescents and young adults. We need to come to a consensus that addressing this issue requires collaborative effort across our community.
Recent data from the Narcotics Division reveals a complex trend in youth substance use. While the total number of reported drug users has decreased in 2024 compared to the previous year, the number of young drug users has increased instead, by 15%. This highlights the need for targeted intervention strategies. We must also be aware that these statistics may not reflect the real situation as there are more hidden drug cases, and alarms should also be raised for them.
Of particular concern is the emergence of "space oil", a substance gaining rapid popularity amongst young people. Typically packaged as e-cigarette capsules, it contains etomidate, a medical anaesthetic that requires a doctor's prescription. This drug has become increasingly accessible through digital platforms, emerging as the third most prevalent substance amongst youth in the first half of 2024. Specifically, 75 out of 452 young drug users reported using space oil, with cannabis and cocaine remaining the top two substances.
Over KELY's three decades of prevention work amongst youth, we noticed a significant shift in young people's attitude towards substance use. The changing global landscape, with several countries legalising marijuana and adopting more open discussions about substance use, has piqued young people's interest and curiosity about different substances. This is particularly noticeable amongst those planning to travel or study overseas.
Social media has fundamentally transformed how young people access information about substances. While these platforms provide unprecedented access to knowledge, they also present significant challenges. Young people often struggle to distinguish between credible facts and misinformation, leaving them vulnerable to potential risks.
At KELY, we believe that prevention and education is crucial, especially before young people encounter illegal or harmful substances. Our approach focuses on imparting facts, especially potential risks and harm relating to substance use for youth, enabling them to make informed decisions. We work closely with schools to provide prevention education, creating safe spaces where young people can openly discuss drug issues and ask questions, with access to credible knowledge.
We recognise that drug use is often linked to mental health, with many young people turning to substances as a coping mechanism for stress, relationship challenges, and other life pressures. Therefore, our work extends beyond prevention to support the development of healthy coping strategies and robust support networks. We aim to equip young people with tools such as peer support skills to navigate the complex challenges of their teenage years effectively.
Schools, educators, parents, and the community must play a comprehensive and collaborative role in drug prevention and youth education. This approach requires a multi-dimensional strategy that goes beyond traditional information delivery. Schools should include evidence-based, age-appropriate curriculum that integrates interactive workshops and mental health support. Creating early warning systems is critical to this approach, where staff are trained to recognise signs of substance vulnerability and provide confidential counselling without judgement.
Parents need robust support to effectively engage with their children. Workshops that teach communication strategies can help parents understand adolescent psychology, and guide them in creating open, non-confrontational dialogues about substance use. Community involvement is equally crucial, requiring coordinated efforts between local health services, youth organisations, and support infrastructure that offers accessible counselling, mental health resources, and mentorship programmes.
In the digital age, prevention strategies must also adapt to technological landscapes. This means developing verified online resources, interactive educational platforms, and social media awareness campaigns that teach digital literacy and critical information evaluation. Young people need tools to understand online risks, practise responsible digital citizenship, and learn to distinguish credible information from misinformation.
The underlying principle of KELY Support Group's interventions is prevention, empathy, and peer support. Our organisation recognises that addressing youth substance use requires a fundamentally different approach from traditional punitive measures. Instead, KELY focuses on building individual resilience, promoting healthy lifestyle choices, and creating supportive environments that address the root causes driving young people towards substance experimentation. At KELY, we believe that by developing a comprehensive and unified ecosystem of support, education, and understanding, we can more effectively prevent substance misuse and empower young people to make informed, healthy decisions that positively shape their future.
15/12/2024 - Cindy Ng, Senior manager, Program and Services of KELY Support Group