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“스튜어드십코드 고쳤지만…기관투자자 발목 잡는 ‘5% 룰' 그대로”

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Higher standards set for arts groups' funding overhaul

The Hong Kong Arts Development Council said on Thursday that the government’s move to tie the funding mechanism for major performing arts groups to performance and artistic merits will encourage the…

  • Government ties arts funding to performance and artistic merit
  • Half of annual budget as baseline subvention, other half as performance grant
  • Reform phases in 2027-28, fully implemented by 2032-33

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