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HSBC announced the launch of its Greater Bay Area (Hong Kong) Scholarship in December to support Hong Kong undergraduates with career aspirations of working in the Greater Bay Area (GBA). For the next three academic years, the bank will grant up to HK$8 million in scholarship funds to 100 students as part of its wider effort to develop talent in this region. 

A total of 12 local universities and tertiary institutions are invited to nominate full-time undergraduate students who aspire to work or study in the GBA. Selection criteria include having a realistic and ambitious plan for a long-term career in the GBA, an in-depth understanding of skills and knowledge required to achieve the plan, commitment to be an active member of the HSBC Scholars community, demonstrating all-roundedness and leadership skills.

Candidates with a focus on sectors such as digital, innovation and technology, and green business will be an advantage. 

Successful candidates will be granted HK$80,000 each and will be given access to mentorship opportunities with HSBC executives, practical career and business advice from financial leaders who work in the GBA and an opportunity to expand their social and professional network.

HSBC also aims to hire future graduates who are interested in attaining work experience in the GBA under the government’s Greater Bay Area Youth Employment Scheme.

“As an economy, the GBA is the 12th largest in the world. This dynamic urban cluster boasts diverse industries which was valued at USD1.68 trillion last year. The demand for talent will only grow exponentially as businesses become more digital, innovative, and seek to incorporate the latest technologies while transitioning to a green economy. I hope this scholarship will encourage tomorrow’s professionals to expand their horizons as they plan their careers,” said Peter Wong, deputy chairman and chief executive at HSBC. 

HSBC is the largest foreign bank in the GBA with a presence in all 21 prefecture level cities in Guangdong, with a dominant position in Hong Kong.