We all visted the Hong Kong Jockey Club this evening for a tour, dinner and night of horse racing. The HKJC is a not for profit race track supported by the HK government. All excess revenue goes back into the community. They give about a billion Hong Kong dollars per year back to schools, hospitals, parks, etc. They are also the largest tax payer in Hong Kong paying about 10% of all taxes collected by the Hong Kong government. They also built the new University of Hong Kong Science and Technology University which we also visited today. That cost them somewhere around $3 billion Hong Kong dollars.

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