On the 28th, Hong Kong entrepreneur Li Weibo donated 500,000 RMB as initial start-up capital to set up the Medical Relief Charity Foundation in his hometown of Maoming, Guangdong, specifically aimed at helping the impoverished patients there.

The Shenzhen Research Institute of Chinese University of Hong Kong received a HKD $30 M grant from Li Weibo Foundation to fund the construction of the institute’s nine-story 25,000 square meters building.

Yesterday Chinese University of Hong Kong (CUHK) Shenzhen Research Institute held a ceremony to name its newly constructed building Li Weibo Building in recognition of Mr. Li’s contribution to the university.

In recognition of Mr Weibo Li’s support and contributions to Chinese University of Hong Kong (CUHK) Shenzhen Research Institute, the institute’s newly constructed building is named Li Weibo Building. The ceremony was held in Nanshan Virtualization Technology Park on Oct 23, 2014.