Sun Hung Kai & Co. Hong Kong Race Week is co-organised by Hong Kong Sailing Federation in conjunction with the Royal Hong Kong Yacht Club and the 2023 edition incorporated the inaugural 2023 29er Asian Championship.  Hong Kong Race Week is also a constituent event of the ASAF Youth Cup 2022-2023.

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In 2023, 236 sailors competed, representing 12 countries and regions including Australia, Belgium, Chinese Taipei, Greece, Hong Kong (China), Japan, Mainland China, Macau (China), Singapore, Switzerland, Thailand and the USA, and all of the sailors are thrilled to get back to the best racing action in Asia.  Racing took place over three world-class race tracks and the classes included  29er, 2.4mR, ILCA 4, ILCA 6, Optimist Main Fleet, Optimist Intermediate Fleet, RS Feva along with development fleets of Optimist Green Fleet, Fusion Green Fleet and Pico Green Fleet.  The event is based out of Royal Hong Kong Yacht Club's spectacular Middle Island water sports training centre.