Not long after the political transition in 1997, Hong Kong witnessed a spate of top-down education reforms that had been conceived within the neoliberal ideology of economic globalisation. Neoliberalism is particularly pervasive here, because of the underdevelopment of representative politics and of critical, social democratic discourse in society. This article examines how education has been shortchanged by these reforms that dovetail with various processes arising from neoliberalism. These processes include privatisation, managerialism and performativity within the schools, as well as standardisation and surveillance in the curriculum. While teachers experience subjection to a new form of governmental discipline, society as a whole suffers from increasing polarisation in education provision. The reinvention of a humanist education agenda is urgently called for but, unfortunately, this is fraught with great difficulties. (Contains 9 notes.)