'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.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more