Jul 30, 2026
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The Hang Seng Silver Academy helps Hong Kong seniors stay active and connected in a digital world, with a focus on anti-fraud awareness and digital inclusion.

ManyPress

ManyPress

ManyPress Editorial

3 min readSource:South China Morning Post
Hang Seng Silver Academy

Key facts

  • The Hang Seng Silver Academy is a community programme designed to strengthen the physical, mental and financial wellbeing of seniors in Hong Kong.
  • The programme aims to help seniors navigate a digital world and avoid fraud.
  • In its first year, the programme is expected to reach more than 800 people aged 65 and above.
  • 562 seniors fell victim to investment fraud in the first five months of 2026, losing a combined HK$560 million.
  • The Academy offers activities such as pickleball, Pilates, and electronic darts to encourage regular movement and social connection.
  • The Academy's anti-fraud education pillar focuses on helping seniors recognise common scams and protect their savings.

Hang Seng Bank has launched the Hang Seng Silver Academy, a community programme designed to strengthen the physical, mental and financial wellbeing of seniors in Hong Kong. The programme aims to help seniors navigate a digital world and avoid fraud. In its first year, the programme is expected to reach more than 800 people aged 65 and above.

By the numbers

HK$560 million
Combined losses from investment fraud
HK$1.01 million
Average loss per elderly victim
16,000
Overall fraud cases
HK$2.94 billion
Total losses from fraud

Digital Risks

Scams are becoming increasingly common, with 562 seniors falling victim to investment fraud in the first five months of 2026, losing a combined HK$560 million. The average loss per elderly victim rose to HK$1.01 million, up from HK$820,000 the previous year. Overall fraud cases during the same period exceeded 16,000, with total losses reaching HK$2.94 billion.

Programme Activities

The Academy offers activities such as pickleball, Pilates, and electronic darts to encourage regular movement and social connection. Participants can also join courses on video editing, introductory artificial intelligence, and aromatherapy candle making. The Academy's anti-fraud education pillar focuses on helping seniors recognise common scams and protect their savings.

Partnership and Goals

The Academy was launched in partnership with The Community Chest of Hong Kong and four community partners. Hang Seng Bank's Executive Director and Chief Executive, Luanne Lim, said the Academy reflects the bank's belief that its role 'goes beyond banking' and includes staying close to the evolving needs of the community. The goal is to equip seniors with knowledge and confidence before they encounter a scam.

Timeline

  1. First five months of 2026
    562 seniors fell victim to investment fraud
  2. 2026
    The Hang Seng Silver Academy was launched
  3. October 2026
    Trained senior volunteers will lead guided tours of financial landmarks in Central

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This article was independently rewritten by ManyPress editorial AI from reporting originally published by South China Morning Post.

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