The Hong Kong Cricket Association (HKCA) has confirmed the cancellation of the Hong Kong Cricket Sixes for 2013.
The association cited its difficulty in securing sufficient government funding and private sector backing "in the difficult economic climate".
The HKCA Executive Committee said in a statement that it would be better to cancel "rather than leave the association open to a potentially significant financial loss".
The statement went on: “The rejection of the HKCA’s request for Hong Kong SAR Government funding through the Mega Events Fund was a significant blow.
“With Hong Kong being the 20th ranked team in world cricket and considering the Sixes’ unique history and role as the showcase event for cricket in China and north Asia, we are still struggling to understand why we were rejected."
HKCA said it understood the need to approach government, corporates and the international cricket boards as early as possible "and so will very shortly start work on the 2014 event and will make every effort to return the Sixes to its rightful place in the international calendar next year".
Hong Kong Cricket Sixes, held since 1992, is the only international cricket event held in Hong Kong and is fully sanctioned by the world’s governing body for cricket, the International Cricket Council.
