HKSTP Joins Hands with Mainland and Overseas Institutions to Launch Global University Innovation Network
HKSTP, joined by representatives from 15 local tertiary institutions, officially announced the establishment of GUIN. The ceremony is officiated by Professor Sun Dong, Secretary for Innovation, Technology and Industry (front row, centre), Mr Albert Wong, CEO of HKSTP (front row, left), Mr Derek Chim, Head of Startup Ecosystem and Development (front row, right) as well as senior management from participating institutions.
1. Theme-based Global Incubation Programme
Leveraging the research strengths of Hong Kong's tertiary institutions, this Programme attracts global innovation teams to conduct R&D and commercialisation activities locally. The Programme will develop in various academic sectors. The initial phase includes partnerships with the University of Hong Kong's Faculty of Dentistry to establish the "Global Hub for Future Dentistry" programme, and with The Hong Kong Polytechnic University's School of Optometry and InnoHK Centre for Eye and Vision Research to launch the "Global Vision Tech Incubation" programme.
2. Talent Exchange Initiatives
Through HKSTP's Global Internship Programme and industry academia research frameworks, overseas talents gain valuable practical experience and industry engagement opportunities. This summer alone, HKSTP welcomed over 200 interns from world-leading institutions – including 32 students from The University of Newcastle, Australia, partner of GUIN – to work with five startups in the Science Park on credit-bearing projects.
HONG KONG SAR - Media OutReach Newswire - 14 July 2025 - The Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with 15 local tertiary institutions and supported by leading global tertiary institutions and organisations, today celebrated the 10anniversary of its flagship international intercollegiate innovation and technology (I&T) event, Hong Kong Techathon+ (HK Techathon+) at Hong Kong Science Park. The occasion also marked the launch of the "Global University Innovation Network" (GUIN), a new initiative designed to deepen international collaboration among tertiary institutions, and further bolster Hong Kong's position as an international talent and I&T hub.The newly established GUIN is a collaborative effort between HKSTP and 15 local institutions: The University of Hong Kong, The Chinese University of Hong Kong, The Hong Kong University of Science and Technology, The Hong Kong Polytechnic University, City University of Hong Kong, Hong Kong Baptist University, The Education University of Hong Kong, Lingnan University, Hong Kong Metropolitan University, The Hang Seng University of Hong Kong, Hong Kong Shue Yan University, Technological and Higher Education Institute of Hong Kong, Hong Kong Institute of Information Technology, Hong Kong Institute of Vocational Education, and Tung Wah College.GUIN is further supported by renowned universities, in the overseas including Nanyang Technological University (Singapore), Singapore Management University, Singapore University of Social Sciences, The University of Queensland (Australia), The University of Newcastle (Australia), Xi'an Jiaotong-Liverpool University (mainland China), Chulalongkorn University (Thailand), Universiti Malaya (Malaysia), and Astana Business Campus of Nazarbayev University (Kazakhstan).The initiative aims to enhance innovation collaboration between Hong Kong and esteemed global institutions, facilitating cross-regional resource sharing, talent exchanges, and the commercialisation of R&D outcomes. GUIN will attract top-tier international I&T teams and startups to Hong Kong, further elevating the city's position as the international talent and I&T hub.Profess Sun Dong, Secretary for Innovation, Technology and Industry, remarked, "Hong Kong enjoys a unique advantage of having strong support from the motherland and close connection with the world, converging global innovation resources, including high-calibre talents. The Government is committed to developing Hong Kong into an international I&T centre. Over the past two years, we have attracted over 200 I&T enterprises with high potential and representativeness to set up or expand their businesses here. I encourage all the young talents to seize this opportunity to collaborate, innovate and push the boundaries of what is possible."Mr Albert Wong, CEO of HKSTP, said: "From a bold vision a decade ago, HK Techathon+ has evolved into a flagship Hong Kong and international intercollegiate I&T event, symbolising the collective commitment of HKSTP, our partnering institutions, and supporters in nurturing innovative talent. HKSTP has been committed to cultivate a vibrant I&T ecosystem, offering comprehensive support to young innovators – from ideation and R&D to business expansion. We look forward to seeing these young talents unleash their creativity and potential, becoming key drivers of Hong Kong's I&T development and co-creating an exciting new chapter in our city's innovation journey."Since its inception in July 2015, HK Techathon+ has grown significantly, attracting over 7,000 young innovators, generating more than 2,400 innovative projects, and nurturing hundreds of entrepreneurs and startups. Many alumni have gained global recognition, with several featured on the "Forbes 30 Under 30 Asia" list.Since expanding into a global event in 2024, HK Techathon+ has welcomed participation from over 30 leading international institutions from mainland China, Taiwan, Macao, Singapore, Malaysia, Thailand, Australia, and the United States, including world renowned institutions such as the Massachusetts Institute of Technology (MIT), Stanford University, and The University of Queensland. This international platform enables local and overseas academic innovators and startups to exchange ideas, deepen their understanding of Hong Kong's vibrant I&T ecosystem, and integrate seamlessly into the city's innovation landscape.Hashtag: #HKSTP
The issuer is solely responsible for the content of this announcement.
About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 15,000 research professionals and over 2,300 technology companies from 25 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.
Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.
Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.
Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues contribute in establishing I&T as a pillar of growth for Hong Kong.
More information about HKSTP is available at www.hkstp.org.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Free Malaysia Today
42 minutes ago
- Free Malaysia Today
Govt looks into US request to ease foreign ownership limits
Tengku Zafrul Aziz said trade officials were working to meet the new US tariff deadline of Aug 1, 'but not at the expense of agreeing to every request'. PETALING JAYA : The government is to consult industry leaders over a US request to relax the limits on foreign ownership of companies in some sectors, says investment, trade and industry minister Tengku Zafrul Aziz. Tengku Zafrul said the US had asked Malaysia to consider liberalising the foreign shareholding restrictions in force on some sectors. Many other nations have also received the same request from the US, he said. The minister said the government would need to consult industry leaders in strategic sectors to determine whether these sectors were ready for the caps on foreign equity to be lifted. 'We need to carefully study its potential impact,' he said. Tengku Zafrul pointed out that some sectors did not have such restrictions, while the manufacturing industry was 'nearly all open'. However, foreign equity limits are still being imposed on strategic sectors, he said. 'As you know, Malaysia has equity restrictions for foreign shareholders in certain sectors. There's a request for us to relook or liberalise those sectors. We need to consult those industries, on whether we are ready to relax those equity shareholding restrictions,' he said. However, not all the US requests would be accepted, he said. 'Some of the requests, we feel, may not be fair to Malaysia.' He said trade officials were working to meet US president Donald Trump's new tariff deadline of Aug 1, 'but not at the expense of agreeing to every request'. The Trump administration has said a 25% tariff would be imposed should talks on a trade deal fail. Flexibility on tariffs Tengku Zafrul said there might be room for flexibility on a sector-by-sector basis. 'There will be opportunities for us to negotiate tariffs below 10% for certain sectors. But at the same time, we cannot depend solely on this trade negotiation.' He pointed to the current status of key sectors such as semiconductors and pharmaceuticals, on which no tariffs are imposed. 'For example, pharmaceuticals are in a better position. Right now, tariffs for both the semiconductor and pharmaceutical sectors are at zero. Naturally, we want to maintain that 0% tariff, but whether we can secure it is another matter.' On the potential impact of tariff changes on the Johor-Singapore special economic zone, Tengku Zafrul said investors were holding off until there was greater clarity. 'There seems to be a wait-and-see attitude. Investors are watching how the tariff scenario plays out before recalculating their positions. That calculation can only happen once there's certainty.' Another discussion would be held this week, with talks to be accelerated until the end of the month, he said.
Free Malaysia Today
4 hours ago
- Free Malaysia Today
Bursa ends at intraday low on selective heavyweight selling
KUALA LUMPUR : Bursa Malaysia ended at an intraday low today due to persistent selling in selected heavyweights, led by the financial services and construction sectors. UOB Kay Hian Wealth Advisors Sdn Bhd's head of investment research Sedek Jantan said the FTSE Bursa Malaysia KLCI's (FBM KLCI) drop today reflected a cautious undertone among investors despite an improvement in broader market sentiment. 'Investor focus remains firmly on the progress of the US-Malaysia tariff negotiations, with the Aug 1 deadline for the imposition of a 25% import duty drawing near. 'The market appears to be factoring in a drawn-out negotiation process, contributing to prevailing risk aversion,' he told Bernama. Meanwhile, he said the investment, trade and industry ministry's (Miti) announcement on trade permit for artificial intelligence (AI) chips is a welcome step towards regulatory clarity, while persistent concerns over potential US export controls on AI chip shipments to Malaysia continue to cast a shadow over sentiment, particularly within the technology and semiconductor sectors. 'Nonetheless, from a medium to longer-term perspective, we see the strengthening of governance and compliance standards as a positive structural shift that may enhance Malaysia's competitive positioning within global value chains, potentially serving as a future catalyst for investor confidence,' he added. At 5pm, the FBM KLCI fell 12.11 points or 0.79% to 1,525.40 from yesterday's close of 1,537.51. Public Bank eased eight sen to RM4.26, Maybank slid seven sen to RM9.65 and Gamuda gave up 13 sen to RM4.96. These counters dragged the composite index down by 5.42 points. The benchmark index opened 1.45 points lower at 1,536.06 and hovered between 1,525.40 and 1,538.56 throughout the session. The market breadth was negative, with 601 decliners outpacing 412 gainers and 498 counters unchanged, while 918 were untraded and eight suspended. Turnover improved to 3.07 billion shares worth RM2.36 billion, compared with 2.93 billion shares worth RM1.67 billion yesterday. Among other heavyweight counters, CIMB reduced six sen to RM6.63, Hong Leong Bank lost 26 sen to RM19.30, Tenaga Nasional decreased eight sen to RM13.90, 99 Speed Mart added three sen to RM2.30 and Sunway rose four sen to RM4.92. In active trade, Zetrix AI was 5.5 sen lower at 93 sen, NationGate shed 12 sen to RM1.49, Dagang NeXchange weakened one sen to 30.5 sen, NexG gained 0.5 sen to 47.5 sen while Tanco was flat at 90.5 sen. On the index board, the FBM Emas Index declined 82.38 points to 11,476.08, the FBMT 100 Index sank 83.43 points to 11,237.61 and the FBM Emas Shariah Index fell 77.42 points to 11,483.18. The FBM 70 Index dropped 98.80 points to 16,688.40, while the FBM ACE Index improved 16.10 points to 4,587.62. By sector, the financial services index dipped 161.22 points to 17,502.65, the industrial products and services index shaved 0.48 of-a-point to 153.39 and the plantation index eased 15.68 points to 7,418.42. The energy index inched down 8.46 points to 738.92. The Main Market volume rebounded to 1.44 billion units worth RM2.07 billion from 1.13 billion units valued at RM1.35 billion yesterday. Warrants turnover slipped to 1.28 billion units valued at RM172.45 million from 1.46 billion units worth RM208.01 million previously. The ACE Market volume increased to 347.59 million units valued at RM122.67 million versus 342.18 million units worth RM113.55 million yesterday. Consumer products and services counters accounted for 171.02 million shares traded on the Main Market; industrial products and services (350.21 million), construction (107.34 million), technology (365.39 million), SPAC (nil), financial services (54.91 million), property (134.33 million), plantation (13.85 million), REITs (28.72 million), closed-end fund (3,400), energy (69.98 million), healthcare (50.38 million), telecommunications and media (30.08 million), transportation and logistics (37.56 million), utilities (28.22 million), and business trusts (24,300).
Free Malaysia Today
4 hours ago
- Free Malaysia Today
Trump's oil tariffs on Putin may risk harming ties with Modi, Xi
India has become a major importer of Russian oil since the invasion of Ukraine in early 2022, and China's imports have climbed over the same period. (Bloomberg pic) WASHINGTON : US President Donald Trump's latest threat of 100% tariffs on Russia would risk complicating relations with two nations crucial to his economic and strategic goals: China and India. Trump yesterday threatened tariffs of about 100% on Russia unless it reached a peace deal with Ukraine in the next 50 days, saying the levies would come in the form of 'secondary tariffs'. Matt Whitaker, the US ambassador to Nato, later said the planned action effectively represents secondary sanctions on countries buying oil from Russia. 'It's about tariffs on countries like India and China that are buying their oil,' he told reporters. Global markets – increasingly skeptical of Trump's near-daily tariff threats – largely shrugged off the news, suggesting there's little concern around any potential impact on crude flows. Trade analysts said the proposed levies would be difficult to police and, if implemented, could well backfire on the US. 'It remains unclear how exactly you would do this, and how China or anyone would certify that they're meeting the US requirement,' said Deborah Elms, head of trade policy at the Hinrich Foundation in Singapore. 'It's going to add more fuel to the fire of why these countries are skeptical of receiving a deal from Trump,' Elms said. Trump's latest threat comes at a crucial time in negotiations with both Asian nations. India is closing in on an agreement that would see 20% so-called reciprocal levies on the South Asian nation before a final deal is reached in the fall. Prime Minister Narendra Modi's government has struck a more defiant stance with the US in recent weeks as frustration with Trump has grown. US ties with China, meanwhile, appear on the upswing after the world's two largest economies reached a trade truce in May. Secretary of state Marco Rubio last week said a meeting between Trump and President Xi Jinping was likely for later this year. Yesterday, Nvidia Corp said the US would allow the resumption of sales of its H20 AI chip to China – the biggest sign yet that the White House is easing export controls on Beijing in return for rare-earth minerals needed to make a range of high-tech products. 'Despite the temporary truce in the trade war between China and the US, there's still a lot uncertainties on other fronts,' said Zhu Feng, executive dean of Nanjing University's School of International Studies. 'A secondary tariff will bring even more chaos and China will surely respond forcefully.' India became a major importer of Russian oil since the invasion of Ukraine in early 2022, and China's imports have also climbed over the same period. Washington policymakers view those stepped-up oil purchases as a form of tacit support for Russia that helps buoy the nation's economy and weakens the impact of sanctions. 'Any major threat to China's energy security could create new frictions in the fragile trade truce between the world's top two economies,' said William Yang, International Crisis Group's senior analyst for Northeast Asia. Secondary levies that threaten India's access to cheap oil could also further erode ties between Trump and Modi. 'Whatever little trust and goodwill is left in the US president will soon get dissipated if the US keeps pushing its arbitrary actions related to tariffs,' said Abhijit Das, international trade policy expert in Delhi. 'As a part of its trade talks, India should demand that the US avoid such arbitrary tariffs,' Das said. Trump's latest salvo comes as countries deepen their trade and diplomatic relations in the face of US policy volatility. Russia's foreign minister Sergei Lavrov was in Beijing this week, where he met China's top diplomat, Wang Yi, and was also received by Xi, who said the two nations should deepen 'comprehensive strategic cooperation'. India's external affairs minister Subrahmanyam Jaishankar held talks with his Chinese counterpart yesterday during his first visit in more than five years, as the Asian neighbours strive to repair relations strained by the deadly 2020 border clashes. Jaishankar met with Xi today. 'All these tariff threats are indeed working to bring the BRICS together,' said Amitendu Palit, senior research fellow and research lead on trade and economics at the Institute of South Asian Studies.
