https://www.scmp.com/rss/524689/feed The latest news and analysis about the Hong Kong Science & Technology Parks Corporation, a statutory body which operates several technology incubators, accelerators and research and development bases around Hong Kong. The city's government is the sole shareholder of HKSTP. The HKSTP also operates as a venture capitalist via the HKSTP Venture Fund, which puts money directly into early-stage technology start-ups, as well as co-investing in start-ups with other firms. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Xinmei Shen Xinmei Shen Hong Kong’s technology cooperation with Shenzhen received a boost on Wednesday as Lenovo Group, the world’s biggest personal computer maker, set up an innovation lab at the city’s new Hetao tech hub and pledged to help firms adopt artificial intelligence and expand globally. Lenovo is the first multinational tech firm to publicly announce its presence on the Hong Kong side of the Hetao zone – the Hong Kong-Shenzhen Innovation and Technology Park (HSITP) – which covers 87 hectares in the city’s... https://www.scmp.com/tech/article/3351020/hong-kong-shenzhen-tech-cooperation-gets-boost-lenovo-ai-lab-hetao-hub?utm_source=rss_feed https://www.scmp.com/tech/article/3351020/hong-kong-shenzhen-tech-cooperation-gets-boost-lenovo-ai-lab-hetao-hub?utm_source=rss_feed Wed, 22 Apr 2026 12:00:10 +0000 Julie Zhang Julie Zhang Chinese biomedical companies deploying cutting-edge technologies are emerging as serious competitors to Western dominance in the race to treat Parkinson’s disease, in a market that could reach US$16 billion over the next decade. The firms are developing a range of approaches – from autologous cell therapies made from a patient’s own cells and ready-made cell products to gene therapies and non-invasive ultrasounds – although many of these candidates are still in early-stage trials. Many patients... https://www.scmp.com/business/china-business/article/3350615/how-chinese-drug-makers-are-tackling-western-dominance-us16-billion-parkinsons-race?utm_source=rss_feed https://www.scmp.com/business/china-business/article/3350615/how-chinese-drug-makers-are-tackling-western-dominance-us16-billion-parkinsons-race?utm_source=rss_feed Sun, 19 Apr 2026 09:00:11 +0000 Vivian Au Vivian Au Hong Kong authorities will set up a company this year to accelerate the development of an innovation hub near the border, with firms already expressing interest in moving into the San Tin Technopole, a senior tech official has said. Permanent Secretary for Innovation, Technology and Industry Kevin Choi Kit-ming also told the South China Morning Post that some companies might soon be able to transfer data and biological samples across the border once tailor-made measures were introduced later... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3349306/hong-kong-set-company-year-fast-track-san-tin-tech-hub-firms-eye-move?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3349306/hong-kong-set-company-year-fast-track-san-tin-tech-hub-firms-eye-move?utm_source=rss_feed Wed, 08 Apr 2026 02:00:21 +0000 Vivian Au Vivian Au Hong Kong’s Northern Metropolis megaproject near the border with mainland China will adopt laws to streamline land approval procedures from nine to two months in a move to speed up its development, the South China Morning Post has learned. Sources said that details of the dedicated legislation for the Northern Metropolis would be announced on Tuesday, with a major highlight being the shortening of land-use approval procedures. These measures align with the newly unveiled 15th national five-year... https://www.scmp.com/news/hong-kong/society/article/3346791/northern-metropolis-streamline-land-approval-process-9-2-months-sources?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3346791/northern-metropolis-streamline-land-approval-process-9-2-months-sources?utm_source=rss_feed Mon, 16 Mar 2026 13:39:50 +0000 Vivian Au Vivian Au Hong Kong’s finance chief has likened the powerful AI agent OpenClaw to an efficient “digital employee”, saying it should not be dismissed but rather improved to address security risk concerns. Financial Secretary Paul Chan Mo-po’s remarks on Monday followed a recent Digital Policy Office advisory urging government departments to avoid installing OpenClaw or its variants due to security concerns. “AI agent OpenClaw has awed the world; the convenience it offers is just like having a digital... https://www.scmp.com/news/hong-kong/society/article/3346782/fix-dont-fire-digital-employee-openclaw-over-security-risks-paul-chan?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3346782/fix-dont-fire-digital-employee-openclaw-over-security-risks-paul-chan?utm_source=rss_feed Mon, 16 Mar 2026 12:02:37 +0000 Rachel Chan Rachel Chan Hong Kong stands at a definitive demographic crossroads. With one-third of our population projected to be over 65 by the 2040s, the city can either treat ageing as a fiscal burden or it can transform longevity into a sustainable growth engine. Drawing inspiration from Andrew Scott and Lynda Gratton’s work on the 100-Year Life project, Hong Kong should boldly embrace longevity as a new development frontier. By leveraging our unique strengths in finance, world-class regulatory frameworks and... https://www.scmp.com/opinion/hong-kong-opinion/article/3343200/hong-kong-should-see-silver-economy-golden-opportunity?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3343200/hong-kong-should-see-silver-economy-golden-opportunity?utm_source=rss_feed Thu, 12 Feb 2026 21:30:10 +0000 Vincent Chow Vincent Chow Hong Kong took another big step in its journey to become an international tech hub on Friday, as the city basked in its inaugural turn as host of a summit under the World Artificial Intelligence Conference (WAIC). In his video address to the conference held in the Hong Kong Science Park, Chief Executive John Lee Ka-chiu said: “We must harness the power of AI, not just to innovate, but to build – to build more inclusive economies, more resilient communities and a more sustainable future for... https://www.scmp.com/tech/policy/article/3340211/hong-kongs-pivot-hi-tech-development-gets-boost-city-hosts-global-ai-summit?utm_source=rss_feed https://www.scmp.com/tech/policy/article/3340211/hong-kongs-pivot-hi-tech-development-gets-boost-city-hosts-global-ai-summit?utm_source=rss_feed Fri, 16 Jan 2026 13:15:08 +0000 Emily Hung Emily Hung Mainland China’s top health official has called on Hong Kong to serve as a key pillar in promoting traditional Chinese medicine globally, as the city’s leader pledged to align local policies with the national development strategy in the field. The call was followed by two agreements signed by Hong Kong health authorities and national agencies to deepen collaborations on both Chinese medicine and cancer research. At a launch ceremony for the Chinese Medicine Hospital and nearby testing institute... https://www.scmp.com/news/hong-kong/health-environment/article/3339718/beijing-urges-hong-kong-take-lead-globalising-traditional-chinese-medicine?utm_source=rss_feed https://www.scmp.com/news/hong-kong/health-environment/article/3339718/beijing-urges-hong-kong-take-lead-globalising-traditional-chinese-medicine?utm_source=rss_feed Tue, 13 Jan 2026 07:29:02 +0000 Ian Brownlee Ian Brownlee The Northern Metropolis is in the news almost every day. The big policy focus for the administration, it is determining a new future for Hong Kong. Part of the New Territories, which were dubbed “a land between” in the 1980s, the area was once little more than a rural leftover between urban Hong Kong and the mainland, where Shenzhen’s paddy fields could be seen from a Lok Ma Chau hill. China’s opening-up policies saw Deng Xiaoping promoting Shenzhen in the 1990s. Suddenly, a world-class,... https://www.scmp.com/opinion/hong-kong-opinion/article/3339034/northern-metropolis-can-combine-best-central-planning-and-free-market?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3339034/northern-metropolis-can-combine-best-central-planning-and-free-market?utm_source=rss_feed Fri, 09 Jan 2026 21:30:08 +0000 Xinmei Shen Xinmei Shen Hong Kong has brought its largest delegation ever to the US consumer electronics trade show CES as it strives to become a global technology hub, but US visa denials and the abruptly cancelled attendance of the city’s technology chief have cast a shadow over its efforts. Some employees at exhibiting Hong Kong firms did not make it to CES in Las Vegas because of visa rejections, many of whom had experience working at Chinese tech companies that were blacklisted by the US government such as Huawei... https://www.scmp.com/tech/tech-trends/article/3338995/us-visa-denials-cast-shadow-over-hong-kongs-largest-ever-delegation-ces?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3338995/us-visa-denials-cast-shadow-over-hong-kongs-largest-ever-delegation-ces?utm_source=rss_feed Wed, 07 Jan 2026 05:00:15 +0000 Ying Xu,Weishi Zhang Ying Xu,Weishi Zhang The recent opening of the Hong Kong-Shenzhen Innovation and Technology Park in the Hetao cooperation zone is a defining milestone in Hong Kong’s journey to become an international tech hub. Heralded by Chief Executive John Lee Ka-chiu as a pivotal moment for local innovation, this is more than just a new facility; it marks a strategic transformation in Hong Kong’s economic identity. The park is designed as a world-class industry-academia-research platform for collaboration, focusing on... https://www.scmp.com/opinion/hong-kong-opinion/article/3338622/hetao-tech-hub-hong-kong-reimagining-its-economic-future?utm_source=rss_feed https://www.scmp.com/opinion/hong-kong-opinion/article/3338622/hetao-tech-hub-hong-kong-reimagining-its-economic-future?utm_source=rss_feed Tue, 06 Jan 2026 01:30:12 +0000 Xinmei Shen Xinmei Shen China’s humanoid robot and artificial intelligence hardware makers are expected to be out in force next week at CES, the annual consumer electronics trade show in Las Vegas, to show their latest innovations to a global audience amid an escalating US-China tech rivalry. Nearly a dozen well-known humanoid robot manufacturers – including Unitree Robotics, AgiBot, Galbot, Engine AI, Noetix Robotics and state-backed X-Humanoid, also known as the Beijing Humanoid Robot Innovation Centre – are expected... https://www.scmp.com/tech/tech-trends/article/3338600/chinas-humanoid-robot-makers-hong-kong-start-ups-set-dazzle-ces-2026?utm_source=rss_feed https://www.scmp.com/tech/tech-trends/article/3338600/chinas-humanoid-robot-makers-hong-kong-start-ups-set-dazzle-ces-2026?utm_source=rss_feed Mon, 05 Jan 2026 03:00:10 +0000 Elizabeth Cheung Elizabeth Cheung Hong Kong’s leader has vowed to improve livelihoods, put public housing projects on the fast track and foster growth in innovation and technology (I&T) in the new year. Chief Executive John Lee Ka-chiu also described 2025 as a year full of challenges but also one that showcased perseverance. Lee made his pledges in his annual New Year’s speech, which was uploaded to his social media account on Wednesday night. “We will focus on two key objectives. First, to enhance livelihoods and well-being,... https://www.scmp.com/news/hong-kong/politics/article/3338344/hong-kong-leader-vows-boost-livelihoods-fast-track-housing-projects-2026?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3338344/hong-kong-leader-vows-boost-livelihoods-fast-track-housing-projects-2026?utm_source=rss_feed Wed, 31 Dec 2025 15:34:06 +0000 Oscar Liu Oscar Liu Hong Kong’s finance chief will lead an 80-strong delegation to Italy this week to showcase the city’s technological breakthroughs and forge closer business ties, with a robotic start-up saying it has already secured orders from European counterparts. The Science Park told the Post it would invite eight of its start-up companies from industries, ranging from artificial intelligence and robotics to digital health and green mobility, to attend the Trade Development Council’s flagship event, “Think... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3333850/hong-kongs-paul-chan-lead-delegation-italy-showcase-tech-boost-trade?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3333850/hong-kongs-paul-chan-lead-delegation-italy-showcase-tech-boost-trade?utm_source=rss_feed Mon, 24 Nov 2025 04:00:12 +0000 Enoch Yiu Enoch Yiu Hong Kong Investment Corp (HKIC), the government’s investment arm, has joined other investors in committing US$200 million to the latest round of fundraising for surgical robot start-up Cornerstone Robotics, marking another milestone in the city’s push to develop its innovative industries, including biotechnology. “As a technology start-up based in the Greater Bay Area, Cornerstone Robotics has secured funding and support from HKIC,” the company said in a statement on Monday. “This is not just... https://www.scmp.com/business/companies/article/3332201/hong-kong-wealth-fund-backs-homegrown-surgical-robotics-start-boost-biotech-drive?utm_source=rss_feed https://www.scmp.com/business/companies/article/3332201/hong-kong-wealth-fund-backs-homegrown-surgical-robotics-start-boost-biotech-drive?utm_source=rss_feed Mon, 10 Nov 2025 09:30:18 +0000 Peggy Sito Peggy Sito Terry Wong Ping-sau, the CEO of Hong Kong Science and Technology Parks (HKSTP), radiated nostalgia as he scrolled through a map on his phone, focusing on the place he called home for three years while working on the Neom project, the Kingdom of Saudi Arabia’s massive smart-city development. “Look at this place,” he said. “This is Aqaba. I lived right there, on the shores of the Red Sea, at a crossroads of nations – bordered by Israel, Jordan and Saudi Arabia. The geography alone was... https://www.scmp.com/business/companies/article/3331973/neom-hkstp-science-park-ceo-terry-wongs-vision-hong-kongs-tech-future?utm_source=rss_feed https://www.scmp.com/business/companies/article/3331973/neom-hkstp-science-park-ceo-terry-wongs-vision-hong-kongs-tech-future?utm_source=rss_feed Sun, 09 Nov 2025 23:30:13 +0000 Vivian Au Vivian Au A Hong Kong digital marketing start-up serving some of the city’s big clients has said it has gained traction and attracted several investors from the Middle East, attributing the opportunities to the connections made during its government-led trip last year. GoGoChart, founded nine years ago and part of the 110-member Hong Kong delegation to the Future Investment Initiative (FII) forum in Saudi Arabia last year, revealed that various investors in the region had offered it funding, with a... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3330684/hong-kong-tech-start-wins-middle-east-investment-offers-after-government-push?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3330684/hong-kong-tech-start-wins-middle-east-investment-offers-after-government-push?utm_source=rss_feed Wed, 29 Oct 2025 01:00:09 +0000 Jiang Chuqin Jiang Chuqin A Hong Kong company specialised in producing drugs for cancer treatment has been granted financial support from the government to set up its production line in the city’s science park under a scheme to accelerate new industrialisation. Advanced Isotopes Technology Asia announced on Tuesday that it would invest HK$600 million (US$77.12 million) to set up three production lines at Tai Po InnoPark, under the Hong Kong Science and Technology Parks Corporation (HKSTP), with around HK$140 million... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3329015/cancer-drug-specialist-set-hk600-million-production-line-hong-kong?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3329015/cancer-drug-specialist-set-hk600-million-production-line-hong-kong?utm_source=rss_feed Tue, 14 Oct 2025 13:41:35 +0000 Lo Hoi-ying Lo Hoi-ying The Hong Kong Science and Technology Park aims to double the number of start-ups joining its upgraded incubation programme, with some companies saying the scheme will help to speed up the commercialisation of their products. The park on Thursday launched its new life and health tech-focused incubation programme Incu-Bio, which is designed to offer start-ups support, such as assistance with laboratory research, regulatory activities and the advancement of research to a preclinical stage over a... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3328423/hong-kong-science-park-aims-double-number-start-ups-incubation-scheme?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3328423/hong-kong-science-park-aims-double-number-start-ups-incubation-scheme?utm_source=rss_feed Thu, 09 Oct 2025 13:57:23 +0000 Cannix Yau Cannix Yau Three key government departments have been picked to test the use of AI to improve efficiency without incurring additional costs, Hong Kong’s innovation chief has said, urging the public not to equate its usage with job cuts. Secretary for Innovation, Technology and Industry Sun Dong revealed on Saturday that the Companies Registry, the Transport Department and the Buildings Department would be tasked with applying artificial intelligence (AI) to administrative procedures. In his policy address... https://www.scmp.com/news/hong-kong/society/article/3327092/hong-kong-picks-3-departments-trial-use-ai-raise-government-efficiency?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3327092/hong-kong-picks-3-departments-trial-use-ai-raise-government-efficiency?utm_source=rss_feed Sat, 27 Sep 2025 08:33:56 +0000 Oscar Liu Oscar Liu Hong Kong will have to grow “exponentially” before it can be compared to the likes of Shenzhen with its innovation and technology (I&T) ecosystem, a goal that can be achieved by bringing in talent and capital, the Science Park’s outgoing CEO has said. In an exclusive interview before he steps down on Friday, Albert Wong Hak-keung said the government-backed innovation hub at Pak Shek Kok had come a long way from its early days about two decades ago, from first being seen as simply a landlord to... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3319764/hong-kong-must-grow-exponentially-match-shenzhen-outgoing-science-park-ceo?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3319764/hong-kong-must-grow-exponentially-match-shenzhen-outgoing-science-park-ceo?utm_source=rss_feed Mon, 28 Jul 2025 00:30:15 +0000 Hannah Wang Hannah Wang The Hong Kong Science and Technology Parks Corp (HKSTP) has appointed Terry Wong Ping-sau as CEO, refreshing its top spot after nine years to drive the organisation forward amid advances in technology. Wong be replacing Albert Wong Hak-keung on August 1, the company said in a statement on Monday. He will bring 30 years of global executive leadership, having held senior management roles across Asia-Pacific, the Middle East, Europe and the US, it added. Most recently, he led the regional and urban... https://www.scmp.com/business/article/3319008/hong-kong-science-parks-owner-appoints-new-ceo-first-top-executive-change-2016?utm_source=rss_feed https://www.scmp.com/business/article/3319008/hong-kong-science-parks-owner-appoints-new-ceo-first-top-executive-change-2016?utm_source=rss_feed Mon, 21 Jul 2025 09:00:15 +0000 Morning Studio editors Morning Studio editors In the ever-evolving landscape of innovation and technology (I&T), a new generation of leaders is emerging, redefining success and shaping the future of Hong Kong and beyond. Among them are the dynamic figures driving the Dawn of Visionaries campaign of the Hong Kong Science and Technology Parks Corporation (HKSTP), where innovation meets strategic collaboration. Allan Zeman, a renowned business magnate, is one of the key advisers steering this initiative. With a wealth of experience across many... https://www.scmp.com/postmag/native/topics/beacon-hope-and-progress/article/3307685/dawn-visionaries-hkstps-journey-inspire-innovation?utm_source=rss_feed https://www.scmp.com/postmag/native/topics/beacon-hope-and-progress/article/3307685/dawn-visionaries-hkstps-journey-inspire-innovation?utm_source=rss_feed Mon, 28 Apr 2025 04:00:13 +0000 Lo Hoi-ying Lo Hoi-ying Hong Kong’s tech start-ups should focus on the practical applications of their products and “talk less” about artificial intelligence (AI) when pitching to the US market, the CEO of a government-backed innovation hub has said in a nod to geopolitical challenges. Albert Wong Hak-keung, CEO of the Hong Kong Science and Technology Parks Corporation, said on Sunday the city’s entrepreneurs could still learn a lot from Silicon Valley on the west coast of America, even amid Sino-US tensions. “The west... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3303513/hong-kong-tech-start-ups-eyeing-us-should-talk-less-about-ai-science-park-ceo?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3303513/hong-kong-tech-start-ups-eyeing-us-should-talk-less-about-ai-science-park-ceo?utm_source=rss_feed Sun, 23 Mar 2025 08:24:40 +0000 Enoch Yiu Enoch Yiu The Hong Kong Science and Technology Parks Corporation (HKSTP) will embark on its largest-ever overseas delegation by bringing 25 start-ups to a summit in Saudi Arabia this week, according to its CEO. The start-ups are among the more than 1,200 companies that have been incubated by the HKSTP to promote the city’s technology and innovation. The start-ups that are heading to Saudi Arabia are more established and are engaged in a number of sectors, including biotechnology, new energy and other... https://www.scmp.com/business/article/3283838/hong-kongs-start-incubator-leads-largest-delegation-saudi-arabia-summit-week?utm_source=rss_feed https://www.scmp.com/business/article/3283838/hong-kongs-start-incubator-leads-largest-delegation-saudi-arabia-summit-week?utm_source=rss_feed Mon, 28 Oct 2024 00:30:10 +0000 SCMP Reporter SCMP Reporter A monitoring mechanism should be set up for Dr Chung's polls, according to pro-vice-chancellor Professor Wong Siu-lun. In a statement on matters that had been discussed during meetings with Dr Chung, Professor Wong said he had expressed concern over 'the apparent lack of a robust monitoring mechanism in guiding the choice of topics and in ensuring the quality of the findings of the self-initiated polls conducted by Dr Chung and his team'. He said a monitoring mechanism would help protect... https://www.scmp.com/article/321418/monitor-system-would-aid-credibility?utm_source=rss_feed https://www.scmp.com/article/321418/monitor-system-would-aid-credibility?utm_source=rss_feed Fri, 14 Jul 2000 16:00:00 +0000