'HKU In Talks With SZ Hospital To Renew Contract'
"); jQuery("#212 h3").html("

"); });
2021-11-26 HKT 10:48
The head of the University of Hong Kong-Shenzhen Hospital, Lo Chung-mau, admitted on Friday that there have been hiccups in the renewal of their contract, but added they are but “small storms” that will be weathered.
The 10-year contract between the university and the hospital originally lasted until July but was temporarily extended to the end of this year.
Speaking on an RTHK programme, Lo said some terms in the contract have to be revised, but talks have been held up due to a number of reasons, including the Covid-19 pandemic, personnel changes and delays in “management’s administrative works”.
“We have to continue to explore the integration of medical services in the Greater Bay and the nation’s high-quality development, so both sides need some time to discuss some details,” he said.
“The contract from ten years ago doesn't quite fit now, so we must revisit some details. There were some hiccups, and some delays in some administrative arrangements. This is not ideal, but ‘small storms’ are inevitable,” he added.
But the hospital's chief executive said negotiations are being conducted actively now, and he’s confident that an agreement will be reached soon, because it’s simply “impossible” for them to cease cooperation.
He added that funding is not a big problem thanks to the central government’s support, and the hospital’s services will not be affected.
Vietnam And South Korea Launch Cross-Border QR Payments
Vietnam and South Korea have launched cross-border QR payments that allow Korean users to pay merchants in Vietnam thro... Read more
WeChat Pay Integrates With Local QR Networks In 5 Asian Countries
WeChat Pay has integrated its service with national QR code networks in five Asian countries, simplifying cross-border ... Read more
Global Transition Finance Ecosystem Gains Momentum
The global transition finance ecosystem is gaining momentum. According to new research by the Hong Kong Institute for M... Read more
Banking Circle Taps PayGate To Ease KRW Cross-Border Payments Into South Korea
Global payments bank Banking Circle will now handle cross-border transactions and settlement flows for South Korean pay... Read more
Equinix AI Discovery Hub Opens In Hong Kong For Enterprise AI
Digital infrastructure company Equinix is partnering with Hewlett Packard Enterprise (HPE) to launch the Equinix AI Dis... Read more
Tencent, Alibaba Eye DeepSeek Stake As AI Startup Tops US$20B Valuation
Chinese tech giants Tencent and Alibaba are in discussions to invest in AI startup DeepSeek, The Information reported, ... Read more