Vicky Jones, spokeswoman for the European Tour, said the 57th Hong Kong Open would look at inviting a broad base of top players - rather than just the world's number one player as it did the last time the MEF backed the tournament in 2012 when it attracted Rory McIlroy.
"It is too early to say at this stage which players we will target. But in general terms, we would expect to engage a number of the world's leading players to promote Hong Kong as a destination for major sporting events," Jones said.
Hong Kong Golf Association Chief Executive Tom Phillips added: “We are very grateful to the government. This is a huge boost and will help us stage another successful tournament.”
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