https://www.scmp.com/rss/1825/feed Dr Stephen Wong Yuen-shan is a Legislative Council member (Election Committee). He is Our Hong Kong Foundation’s senior vice-president and executive director of the Public Policy Institute. Stephen earned his doctor of public administration at the University of Hong Kong, as well as degrees from Yale University and University of Chicago. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Prenatal genetic tests, surgical robots and even sampling scoops that have been used on a mission to the moon: the innovations President Xi Jinping saw during his visit to the Hong Kong Science Park show the city’s enormous potential for putting research findings to real-life use. Yet, technology development in Hong Kong has been sluggish, and much effort is still needed for the city to evolve into China’s international innovation and technology hub, as envisaged by the president. On the... https://www.scmp.com/comment/opinion/article/3188486/become-tech-hub-hong-kong-must-unleash-power-university-researchers?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3188486/become-tech-hub-hong-kong-must-unleash-power-university-researchers?utm_source=rss_feed Thu, 11 Aug 2022 06:15:12 +0000 A quarter of a century ago, as Hong Kong prepared for its return to the motherland, the international media and academic consensus at the time was that the “Death of Hong Kong” was upon us. The notable wave of emigration from the city in the mid-1990s understandably added fuel to this narrative. Twenty-five years later, any objective and honest assessment should conclude that the narrative was not just inaccurate but way off the mark, notwithstanding the persistent doom- and fearmongering of the... https://www.scmp.com/comment/opinion/hong-kong/article/3183329/how-hong-kong-has-flourished-1997-and-proved-its-western?utm_source=rss_feed https://www.scmp.com/comment/opinion/hong-kong/article/3183329/how-hong-kong-has-flourished-1997-and-proved-its-western?utm_source=rss_feed Thu, 30 Jun 2022 01:15:18 +0000 As a father of two, I am deeply sympathetic towards the numerous cases of children with Covid-19 who have been separated from their parents and admitted alone to the isolation wards of public hospitals managed by the Hospital Authority. The authority’s failure to prioritise family unity and children’s best interests have left families living in anxiety and fear. This is clearly detrimental to people’s long-term mental health and could carry negative public health implications. Children in these... https://www.scmp.com/comment/opinion/article/3173096/hong-kong-needs-end-covid-19-child-separation-hospitals-amid?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3173096/hong-kong-needs-end-covid-19-child-separation-hospitals-amid?utm_source=rss_feed Wed, 06 Apr 2022 01:15:16 +0000 Hongkongers are feeling the impact of the Omicron variant in every facet of life. From surging fresh grocery prices and long lines for Covid-19 testing and vaccinations, to overcrowded public hospitals amid heartbreaking scenes of patients camping outside to wait for medical attention, Covid-19’s latest disruption is undeniable. While the priority should be to win the city’s war on Covid-19, the needs of patients wait-listed for non-urgent services and of chronic disease patients requiring... https://www.scmp.com/comment/opinion/article/3168437/hong-kongs-overwhelmed-hospitals-show-urgent-gaps-primary-health?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3168437/hong-kongs-overwhelmed-hospitals-show-urgent-gaps-primary-health?utm_source=rss_feed Sat, 26 Feb 2022 23:30:21 +0000 Since Germany's manufacturing sector officially unveiled its Industry 4.0 blueprint in 2013, their competitors have begun to realise that the combination of all the current technological advances - such as the internet of things, sensors, the cloud, 3D printing, robotics, advanced analytics, big data and the like - will fundamentally change entire production lines and supply chains. Bill Gates has a famous saying: "We always overestimate the change that will occur in the next two years and... https://www.scmp.com/comment/insight-opinion/article/1826836/hong-kong-must-develop-its-edge-tech-research-join-chinas?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1826836/hong-kong-must-develop-its-edge-tech-research-join-chinas?utm_source=rss_feed Sun, 28 Jun 2015 04:00:39 +0000 The Hong Kong stock market has garnered a lot of attention of late amid increased volatility and a huge rise in transaction volumes. Even the financial secretary commented on the market, saying in his blog that he was delighted to see the rebroadcasting of the TV drama The Greed of Man during this volatile period. There has been talk about whether the mainland government is behind the rise of the A-share market to create a wealth effect and support the slowing economy, and whether it has also... https://www.scmp.com/comment/insight-opinion/article/1772930/how-beijing-will-control-soaring-stocks?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/1772930/how-beijing-will-control-soaring-stocks?utm_source=rss_feed Tue, 21 Apr 2015 09:22:47 +0000 Grand Award Innovation and Creativity Toy2R Holdings Toy2R captured the grand award in the innovation and creativity category. 'We have won many different international prizes before, but this prize is the most important because we competed with companies from different industries. This prize affirms the way we run the business,' said Raymond Choy, founder and president of Toy2R. The company is widely credited as an important player in spreading the designer toy phenomenon worldwide. Mr... https://www.scmp.com/article/667807/playing-innovation-pays-toy-company?utm_source=rss_feed https://www.scmp.com/article/667807/playing-innovation-pays-toy-company?utm_source=rss_feed Wed, 21 Jan 2009 16:00:00 +0000 Derivatives can be useful for hedging risks, but they become dangerous when they are used to make leveraged bets in the markets. A former private bank salesman, who wished to remain anonymous, said: 'In retrospect, I think most of the investors underestimated the downside risks. In behavioural finance, this is a classic case study of overconfidence of investors.' In recent years, most private banks' revenues came from selling equity derivatives products. In comparison, structured products... https://www.scmp.com/article/661245/underestimating-risk?utm_source=rss_feed https://www.scmp.com/article/661245/underestimating-risk?utm_source=rss_feed Sun, 23 Nov 2008 16:00:00 +0000 It was once a company with an identity crisis, but Beijing Enterprises Holdings is now showing promise of becoming a powerful infrastructure and public utilities firm. In particular, the strategic acquisition of Beijing Gas Group in June last year appears vindicated as it contributed 66.5 per cent of the total profits. On Thursday, the company reported a 93.7 per cent jump in first-half earnings, which rose to HK$1.27 billion from HK$657 million a year earlier. Despite the success in the... https://www.scmp.com/article/653501/gas-fuels-profit-firm-faces-challenges?utm_source=rss_feed https://www.scmp.com/article/653501/gas-fuels-profit-firm-faces-challenges?utm_source=rss_feed Sun, 21 Sep 2008 16:00:00 +0000 HANGZHOU, billed by its tourist literature as ''a paradise on earth'', is determined to become a paradise for investors, too. The city first came to wider notice in the time of Marco Polo, but it has also long been an industrial centre. Hangzhou re-opened to foreign business in 1988 with government officials endeavouring to put its considerable resources back on the map. ''The value of our industrial output is higher than that of Shenyang, Wuhan, Chongqing, Xian and other major... https://www.scmp.com/article/34727/path-marco-polo?utm_source=rss_feed https://www.scmp.com/article/34727/path-marco-polo?utm_source=rss_feed Sat, 26 Jun 1993 16:00:00 +0000