New Mailing Address! HKANC has recently updated our mailing address, see below, OLD: PO Box 297, San Francisco, CA 94104 NEW: PO Box 374, San Francisco, CA 94104 Effective from July 26, 2021, please send any mails or payments to the new mailing address. For any questions, please contact Ms. Yani Lee at (415) 398-4506 or email at yl@hkanc.com.

HKANC 2021 - 2022 Scholarship Winners HKANC Scholarship Foundation is extremely proud to introduce you to the HKANC Scholarship Award (2021-2022) recipients! Congratulations, Suzanne Chan, Scarlett Chang, Dorcas Cheung, Calvin Chiu, and Lok Yi Ho! We wish you all continued success throughout your college and future career! We’re delighted to share that we have awarded up to $15,000 in scholarships to five outstanding students listed above. All applications were reviewed thoroughly by HKANC Scholarship Foundation Committee members, Ms. Kory Lam, Mr. Wilson Lau, Ms. Harriet Leung, Ms. Anne Mak, and Mr. Garry Wong. All Student winners were selected based upon their community involvements, academic achievement, financial need, and other eligibility requirements. “HKANC Scholarship Scholarship program has reformed in 2021, and we decided to extend our scholarship awards to more qualified students in Northern California and manage the scholarship from initial stages to selection process directly. With such changes and efforts, the scholarship committee is overjoyed to receive more qualified applications. We are very impressed by our scholars’ achievements and compelled to offer these award to them. We strongly believe that the young generation can make a huge difference. ” says Kory Lam, Chair, HKANC Scholarship Foundation. Award Presentation The HKANC Scholarship Awards were presented to selected scholars by HKANC Scholarship Foundation Committee, Ms. Kory Lam, and Mr. Garry Wong, on June 23. We are pleased to meet everyone and learn more about their academic goals and achievements. Special thanks to East West Bank for providing such a wonderful venue to host the ceremony. The Scholarship Program will open for the second round of applications closer to the Fall. Stay tuned for more information. Learn more about HKANC Scholarship Foundation, visit www.hkanc.com/scholarship-foundation. Make A Difference, Donate to Our Future! Visit https://www.hkanc.com/scholarshipdonation About HKANC Scholarship Foundation In 2001, The Hong Kong Association of Northern California (HKANC) initiated a Scholarship fund designed to provide scholarships to undergraduate university students of high academic distinction. This is based on the belief that investing in today’s youth will help to ensure that students strive to achieve their goals and to develop into leaders of tomorrow. As of to date, more than $380,000 in scholarship funds have been donated to the University of California, Berkeley, and San Francisco State University. The HKANC believes scholarships are a core investment for the future, providing the opportunity of a lifetime to talented young scholars, many of whom will make vital contributions to our society later in life. The HKANC Scholarship Foundation established in 2017 is a 501(c)3 nonprofit organization (TIN: 82-1256009). Your tax-deductible contribution qualifies as a charitable donation under Federal and California state tax laws.

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This week, HKANC has launched its first webinar in 2021 titled: SBA 101: Leverage to Success, sponsored by East West Bank. We are delighted to have the presence of our guest speakers, Bronia Leung, Regional Sales Manager of SBA Lending Department in East West Bank, and Oliver Ko, CPA, Managing Partner of Fong, Ko & Associates, LLP to kick-start 2021 by sharing their expert knowledge on how small business owners expand and grow their businesses from the banking and taxation perspective. In this webinar, we covered the following topics: How SBA loan programs meet your business needs and grow your business in different ways, e.g., business purchasing, refinancing, and improvements. SBA related accounting and tax solutions. Coivd-19 related tax law updates Panel Discussion - Bronia Leung In this session, Bronia Leung, SBA loan specialist from East West Bank covered some fundamental concepts of SBA loan programs, she furthered explained how small business owner can benefit from these programs, and how they can apply for them. Panel Discussion - Oliver Ko In this session, Oliver talked about several tax updates related to the covid-19 pandemic, including the C.A.R.E.S. acts and its relief options. We hope our members and friends find this webinar useful. You are more than welcome to connect with our speakers, see their contact information below, Bronia Leung Bronia Leung FVP-SBA Regional Sales Manager Small Bus Lending Dept. Main: 415.315.2705 Bronia.Leung@EastWestBank.com Oliver L. Ko, CPA Managing Partner Fong, Ko & Associates, LLP CPAs Tel: 650-286-9966