The LPGA Tour has added a new tournament in Hong Kong, scheduled to take place next March.

The LPGA Tour announced on its official website today (Korean time) that the Futu Ladies World Championship will be held from March 4 to 7 next year at the Clearwater Bay Golf and Country Club in Hong Kong.

Sponsored by online brokerage platform Futu Holdings, the tournament boasts a total prize purse of $3.4 million (approx. 4.68 billion won), the largest among LPGA Tour events held in Asia.

(Photo: Capture from the LPGA Tour website, Yonhap News)