Founded in 1973 by Ch'ien Mu as a non-profit-making Chinese secondary school, the school sits on the former campus of New Asia College – on Farm Road, Kau Pui Lung, Kowloon – after the college became a member of The Chinese University of Hong Kong and moved to Ma Liu Shui in Sha Tin.

After their retirement from college as sinologists, Mou Zongsan and Xu Fuguan helped found the school.

In 2007, the IMC was established in accordance with the Hong Kong Education Ordinance to promote the effective development of school administration.

[5] In the 1970s, the members of the school board included Yu Ying-shih, Xun Guo-dong (孫國棟) and Tang Chun-i, and most of them were historians or philosophers.

Heung Shu-ai (香樹輝), a famous banker in Hong Kong, became one of the managers of the school.