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AB Charity Foundation Donates HKD 10 Million in Collaboration With Community Partner to Aid Kwong Fuk Estate Recovery
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Press release
PRESS RELEASE.
The AB Charity Foundation has reaffirmed its commitment to global humanitarian action with the announcement of a HKD 10 million donation to support communities affected by the recent level-five fire at Kwong Fuk Estate in Tai Po, Hong Kong. The tragic incident, which occurred on the afternoon of 26 November 2025, has had a profound impact on residents and families, underscoring the urgent need for coordinated relief and long-term rebuilding initiatives.
In alignment with its mission to advance global public welfare, the Foundation is partnering with the Hong Kong Association for the Promotion of Peaceful Reunification of China to deliver immediate assistance and contribute to sustainable community recovery. Through this joint effort, both organisations aim to ensure that essential support reaches those most affected, while simultaneously advancing public-interest programmes that strengthen long-term community resilience.
Founded in May 2025, the AB Charity Foundation is dedicated to supporting vulnerable groups impacted by war, natural disasters, and other crises, with particular emphasis on women and children. This donation reflects the Foundation’s guiding philosophy of “technology for good” and its belief in the interconnectedness of the global community. Its vision emphasises that meaningful humanitarian action must transcend regional, cultural, and ethnic boundaries in pursuit of a supportive future for all.
About AB Charity Foundation
The AB Charity Foundation is an independent, Ireland-registered international non-governmental organisation with legal status in the European Union. Supported by AB DAO through both technological infrastructure and funding, the Foundation applies advanced technologies including blockchain and artificial intelligence to create a transparent, trustworthy, and traceable global framework for philanthropy. Its initiatives promote sustainable progress across education, healthcare, environmental protection, and humanitarian aid, delivering long-term positive impact for communities worldwide.
AB Charity Foundation website:
AB DAO website:
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