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In response to a report alleging that CityU has misused public funding, published in the Oriental Daily News on 29 April, the University released a statement refuting the allegation that CityU has a deficit of $220 million as a result of overspending. The major points of the statement are:
In an agreement aimed at promoting academic exchange and research activities, CityU's Faculty of Humanities and Social Sciences (FHS), signed a memorandum of co-operation with the School of International Studies (SIS), Peking University, on 2 May. The agreement comprises terms on exchange of academics and research personnel, sharing of joint research results, and the financial responsibility involved. The memorandum will be valid for three years.

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