To acknowledge outstanding performances by Hong Kong athletes, a total of HK$950,000 is awarded to 19 Hong Kong olympians under the "Hang Seng Athlete Incentive Awards Scheme" organised by the Hong Kong Sports Institute (HKSI) and sponsored by Hang Seng Bank. Among the 19 recipients, 16 were ranked in the top 16 of their particular event at the Beijing Olympics and three athletes broke five Hong Kong records. Officiating guests Dr Eric Li (4th from right, front row), Chairman of the HKSI; Mr Raymond Or (5th from right, front row), Vice-Chairman and Chief Executive of Hang Seng Bank; and Mr Pang Chung (6th from right, front row), Hon. Secretary General of the Sports Federation & Olympic Committee of Hong Kong, China, pose with Hong Kong Olympians and their coaches.