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University officials at Hong Kong Polytechnic University – a publicly funded institution – have been scrambling to explain its use of companies registered in secretive offshore tax havens, after revelations in the Panama Papers that it set up two companies offshore to channel funds. The university, known locally as PolyU, had not declared in any of its financial reports that it set up two companies in the British Virgin Islands in 2012 and 2013 as wholly owned subsidiaries of the university, raising questions about its financial transparency and reporting.

The United States firm that owns the SAT, a college entrance exam accepted by many US colleges and universities, cancelled plans to administer the test this weekend at centres in China and Macau following concerns that some students may have obtained information about questions in advance. Tests scheduled to be administered Saturday in Bahrain and Kazakhstan also were cancelled. Students in Hong Kong sat for the test Saturday as scheduled.

Students and academics from China, Taiwan and Hong Kong researching the working conditions of student interns at factories in China have said that an officially agreed investigation into working conditions at Foxconn factories, which produce Apple iPads, did not provide a "full picture" of the extent of abuse of the internship system.

A school administrative staff has been jailed for 8 months at Eastern Magistracy for accepting a $100,000 loan from a cleaning contractor for renewing service contracts of the school for longer terms without consent of the school. The defendant must pay $15,600 in restitution to the school.

While the liberal studies subject will be introduced in senior secondary education in 2009, the ICAC has launched Hong Kong's first audio-visual liberal studies teaching package to promote moral education among secondary school students.