News related to
City

Hong Kong’s first exchange-traded fund directly tracking physical gold prices posted a sharp rise on its trading debut on Thursday, underscoring renewed investor appetite for safe-haven assets as bullion climbed to a fresh all-time high in international markets.

The Hang Seng Gold ETF gained more than 9% within hours of listing, according to exchange data, drawing robust turnover from institutional and retail investors seeking exposure to gold without holding the metal outright. The launch coincided with spot gold touching a record level just below $2,500 an ounce, driven by a combination of monetary policy expectations, geopolitical uncertainty and sustained central bank demand.

Market participants said the strength of the debut reflected pent-up demand in Hong Kong for simple, exchange-based gold products that track global prices more closely. While futures-linked and commodity-basket funds have existed for years, the new ETF is structured to mirror spot prices using physical gold holdings, reducing tracking error and rollover costs.

Gold’s advance has been underpinned by expectations that major central banks are approaching an inflection point in interest-rate policy. Slowing inflation in the United States and Europe has reinforced the view that rate cuts could come later this year, weakening the dollar and lowering the opportunity cost of holding non-yielding assets such as gold. The metal has also benefited from persistent buying by central banks seeking to diversify reserves amid currency volatility and sanctions-related risks.

In Hong Kong, the ETF’s issuer said the product was designed to meet demand from investors who view gold as both a hedge against macroeconomic shocks and a portfolio diversifier. The fund allows trading in local currency during market hours, offering an alternative to offshore accounts or over-the-counter bullion purchases.

Analysts noted that the timing of the launch proved advantageous. Global gold prices have risen by more than 20% over the past year, supported by strong inflows into bullion-backed products in Asia and the Middle East. In contrast, flows into some gold ETFs listed in North America had been uneven earlier in the cycle, reflecting higher real yields and competition from cash-like instruments. That pattern has shifted as expectations around policy easing firmed.

Hong Kong’s exchange has been seeking to broaden its commodity and currency-linked offerings to attract regional capital, particularly from mainland investors using cross-border trading channels. Although access rules vary by product, fund managers said interest from family offices and private banks was a key driver of early demand for the gold ETF.

Spot gold’s climb to record territory has also been fuelled by geopolitical tensions spanning Eastern Europe and the Middle East, alongside concerns about sovereign debt sustainability in several advanced economies. Such factors have reinforced gold’s role as a store of value during periods of heightened uncertainty.

Bullion dealers in Asia reported steady physical demand from jewellery manufacturers and investors, even as higher prices tempered buying in some price-sensitive markets. Premiums in major trading hubs narrowed but remained positive, signalling underlying support rather than speculative excess.

The strong opening performance of the Hang Seng Gold ETF contrasts with more subdued debuts for some equity-linked funds in the city this year, highlighting the divergence between defensive assets and riskier sectors. Equity markets in the region have faced headwinds from uneven growth prospects and regulatory uncertainty, pushing some investors to rebalance portfolios towards commodities and hard assets.

Industry observers cautioned that gold prices can be volatile in the short term, particularly if inflation data or central bank guidance shifts market expectations. A stronger-than-expected rebound in growth or a delay in policy easing could trigger profit-taking after the metal’s sharp run-up. Even so, many strategists maintain that structural factors, including reserve diversification by monetary authorities and long-term fiscal pressures, provide a supportive backdrop.

AI-related Attacks and Supply Chain Risks Emerge as Top Concerns Nearly 30% of Enterprises Lack Dedicated Cybersecurity Personnel

HONG KONG SAR – Media OutReach Newswire – 28 January 2026 – The Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT), under the Hong Kong Productivity Council (HKPC), today hosted a media briefing to officially release the annual “Hong Kong Cybersecurity Outlook 2026”. The report reveals that cyberattacks have become more automated, targeted, and destructive with the rapid proliferation of Artificial Intelligence (AI) technologies, posing significant threats to business operations and information security. A record high 15,877 cybersecurity incidents were recorded in Hong Kong in 2025, marking a 27% year-on-year increase. The report also highlights five key cybersecurity risks expected to emerge in 2026, mainly under AI-related threats and supply chain vulnerabilities.

HKCERT also released the findings of the “Hong Kong Enterprise Cybersecurity Landscape”, which analyses the current state of local enterprises’ cybersecurity defences and resource allocation in the face of cyber risks. The study covered 622 enterprises (including 544 SMEs and 78 large enterprises) and interviewed 50 cybersecurity service providers to assess the key factors businesses consider when selecting cybersecurity services. The findings reveal that nearly 70% of enterprises have dedicated cybersecurity personnel, showing the increasing importance local businesses place on cybersecurity. Many SMEs have also begun strengthening their security measures, demonstrating a proactive awareness of cyber threats. However, they were behind large enterprises in terms of technology deployment and resource allocation. Moreover, around 35% of businesses using AI would enter corporate data into AI tools, suggesting that there is still room for improvement in local overall defence capabilities and AI governance awareness.

Mr Edmond LAI, Chief Digital Officer of HKPC, stated, “The proliferation of AI can drive innovation, but it can also become a powerful tool for hackers, making cyber threats stealthier and more scalable. Our report indicates a lack of governance in corporate use of AI tools. In particular, the limited resources and knowledge of SMEs may limit their full understanding of the potential risks involved. Moreover, supply chain attacks have become the weakest link in enterprise security, where a single vendor’s vulnerability can trigger a chain reaction of crises, even if the enterprises have robust protective measures. To address these challenges, enterprises must shift from passive response to proactive deployment, starting with establishing clear AI usage guidelines and audit mechanisms, and deeply integrating them into the overall cybersecurity strategy”.

Overview of Cybersecurity Incidents in 2025:

Phishing Accounts for Nearly 60% – Record-High Number of Cases

According to the latest statistics from HKCERT, a total of 15,877 cybersecurity incidents were reported in 2025, marking a new record high. Among them, phishing attacks remained the most prominent threat, accounting for nearly 60% (57%) of total cases. The rise of generative AI has made phishing messages increasingly realistic and harder to detect, further amplifying the associated risks. Attack delivery methods have expanded beyond traditional email to social media or instant messaging platforms (such as WhatsApp) (34%) and cryptocurrency platforms (18%).

In parallel, cases involving vulnerable systems also saw a sharp increase, with 2,328 incidents (15%), representing a more than 3.5-fold rise compared to the previous year. This suggests that attackers are actively exploiting misconfigurations and unpatched system vulnerabilities. Meanwhile, botnet-related incidents remained steady at 18%. While stable in number, botnets are notoriously difficult to eradicate completely, representing a long-term latent threat.

Top 5 Cybersecurity Risks in 2026

Based on industry expert analysis and HKPC’s ongoing research into the local business environment, and considering industry trends and technological developments, HKCERT predicts that the following five cybersecurity risks will pose significant challenges to businesses in 2026:

1. AI-Driven Attacks and Agentic AI Risks
2. Weak AI Governance of Enterprises Increases Data Leakage Risks
3. Supply Chain Vulnerabilities and Third-Party Security Gaps
4. Over-Reliance on Cloud Infrastructure Creates Single Points of Failure
5. Emerging Threats from AI-Enabled Devices

30% of Enterprises Lack Dedicated Cybersecurity Staff, SMEs Lag in Defense and Investment

“The Hong Kong Enterprise Cybersecurity Landscape” reveals nearly 70% of enterprises have dedicated cybersecurity personnel, showing the increasing importance place on cybersecurity. By company size, 67% of SMEs have personnel responsible for cybersecurity, and 95% of large enterprises do. Among them, 26% of SMEs have dedicated cybersecurity personnel, which is lower than the 59% of large enterprises, reflecting different challenges in resource allocation and professional support for companies of different sizes.

Many SMEs have already implemented basic protective measures, such as 48% of SMEs have adopted email security, but there is still room for improvement when compared to the 79% of large enterprises. For Privileged Access Management (PAM), 29% of SMEs are employed, which is still lower than 60% of large enterprises. The figure on using Advanced cybersecurity practices, such as Remote Access Security Measures (SMEs 31% vs 67%), also reflects that SMEs still need support in promoting technological upgrades, especially when data security is increasingly important today, the protection of SMEs of all sizes cannot be ignored.

Regarding investment and resource allocation, SMEs are generally cautious in their investment, but some companies have gradually increased their investment in cybersecurity and training. In the past year 13% of SMEs increased cybersecurity-related resources (including staff and tools), and 12% invested more resources in cybersecurity training. In comparison, the proportions for large enterprises were 41% and 50%, respectively. Looking ahead to the next 12 months, SMEs are relatively conservative in their plans for increasing resources — no matter in recruitment of cybersecurity personnel (SMEs 5% vs 15%), training (SMEs 13% vs 38%) and budget (SMEs 13% vs 36%). However, as cyber threats evolve, it is believed that enterprises will gradually increase their related investments to strengthen their overall defense capabilities.

HKCERT’s Five Key Recommendations: Helping Enterprises Build Effective Cyber Defenses

HKCERT has outlined five key recommendations to help enterprises strengthen their cybersecurity posture:

1. Assigning Personnel for Cybersecurity: Enterprises should assign employees with basic cybersecurity knowledge to be responsible for daily monitoring and response work, with clear division of responsibilities to ensure timely response to emergencies.
2. Promoting AI Governance and Regulation: As the application of AI tools and third-party platforms becomes increasingly widespread, enterprises should formulate relevant policies and operational guidelines, clearly specifying the available tools and scope of data input, as well as procedures for responding to third-party incidents, to minimise operational and reputational risks.
3. Collaborative Efforts of All Staff to Prevent Phishing Attacks: Enterprises should adopt both technical measures (such as email filtering and multi‑factor authentication) and an organisation‑wide security culture to jointly defend against phishing attacks. This helps enhance each employee’s ability to identify suspicious emails and links, thereby reducing the risk of data leakage.
4. Enhance Cybersecurity Awareness and Training across all Staff: Cybersecurity is a shared responsibility across the entire organisation. Enterprises should regularly provide targeted security training for different departments—especially for roles that handle sensitive data—and strengthen incident response capabilities through simulation exercises and case‑based learning to reduce human error.
5. Strengthen Technical Protection Measures: Enterprises should implement essential cybersecurity technologies, including:
   • Email security and access‑rights control
   • Data protection measures (such as encryption and backup)
   • Remote access security measures mechanisms (such as VPNs and identity authentication)
   • Proactive security solutions (such as intrusion detection and firewall monitoring)

As cyber threats grow increasingly complex and attack techniques become more advanced, enabling SMEs to effectively deploy cybersecurity defences has become a shared responsibility across society. In addition to operating a 24-hour incident reporting and supporting hotline, HKCERT continuously monitors local online activities. When cyberattacks targeting Hong Kong are detected, it proactively traces and disrupts the source and issues timely public alerts. In recent years, HKCERT has also leveraged self‑developed AI systems to take down phishing websites in advance, preventing incidents before they occur. To strengthen preventive measures and promote education among SMEs, HKCERT has published multiple security guidelines addressing emerging technology risks, helping technical personnel understand and adopt appropriate protection strategies. At the same time, HKCERT actively promotes cybersecurity awareness through a dedicated webpage on in‑depth analysis of major phishing and ransomware attacks, as well as by organising large‑scale public events and participating in over 30 seminars annually.

Since last year, HKCERT further acted as a bridge between SMEs and cybersecurity service providers to launch the Cybersecurity Service Providers Connect Programme with Digital Policy Office. The Programme offers a one-stop platform that brings together 21 vetted cybersecurity service providers, covering four key areas, including Internet Security Solutions, Cybersecurity Assessment Services, Managed Security and Incident Response Services, and Cybersecurity Training Services. It helps SMEs quickly identify suitable solutions and strengthen their cyber defence capabilities. The Programme will continue to enhance its services, promote resource sharing, and collaborate with the industry to build a safer digital business environment.

Hashtag: #HKCERT

The issuer is solely responsible for the content of this announcement.

About Hong Kong Computer Emergency Response Team Coordination Centre

Managed by the Hong Kong Productivity Council (HKPC), Hong Kong Computer Emergency Response Team Coordination Centre (HKCERT) is the centre for coordination of computer security incident response for local enterprises and Internet Users. Its missions are to facilitate information disseminating, provide advices on preventive measures against security threats and to promote information security awareness.

HKCERT collaborates with local bodies to collect and disseminate information, and coordinate response actions. HKCERT is also a member of the Forum of Incident Response and Security Teams (FIRST) and the Asia Pacific Computer Emergency Response Team (APCERT). We exchange information with other CERTs and act as a point of contact on cross-border security incidents.

About the Hong Kong Productivity Council
The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.

HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.

To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.

HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical , assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.

For more information, please visit HKPC’s website: www.hkpc.org/en.

Ottawa and New Delhi are preparing for a high-level visit in March by Canadian Prime Minister Mark Carney, with negotiations entering an advanced stage on a cluster of agreements covering uranium supply, clean energy cooperation, critical minerals and artificial intelligence. Officials familiar with the talks say the visit is being positioned as a reset in economic engagement after a period of diplomatic strain, with both sides keen to lock in commercially binding deals that reflect shifting global supply chains and technology priorities.

The centrepiece of the expected package is an expansion of civil nuclear cooperation, anchored in long-term uranium supply contracts. Canada is among the world’s largest producers of uranium, while India has been seeking diversified and reliable fuel sources to support its nuclear power programme, which is projected to grow sharply over the next decade. Negotiators have been working to streamline regulatory clearances and pricing mechanisms to give utilities and suppliers greater certainty, while ensuring safeguards and compliance obligations are met.

Energy cooperation is set to extend beyond nuclear. Talks have included collaboration on clean hydrogen, carbon capture and storage, and grid-scale renewable integration. Canadian firms bring experience in cold-climate energy systems, advanced storage and emissions management, while India offers scale, manufacturing depth and ambitious deployment targets. Officials describe the approach as moving from memoranda of understanding towards projects with defined investment timelines and joint development structures.

Critical minerals form another pillar of the discussions. Canada’s reserves of lithium, nickel, cobalt and rare earths are increasingly viewed as strategic assets as governments seek alternatives to concentrated supply routes. India, pushing to build domestic battery and electronics manufacturing capacity, has been exploring offtake agreements, joint exploration and downstream processing partnerships. The proposed framework is designed to align mineral extraction with environmental and community standards, while enabling long-term supply security for manufacturers.

Artificial intelligence cooperation has emerged as a newer, fast-moving track. Policymakers on both sides have been weighing arrangements that combine Canada’s research ecosystem and talent pipeline with India’s large-scale data capabilities and application-driven innovation. Areas under discussion include healthcare diagnostics, climate modelling, financial services and public-sector digital infrastructure. Officials have emphasised the need for guardrails on data governance, intellectual property and ethical use, reflecting growing global scrutiny of AI deployment.

Trade officials say the March visit, if confirmed as planned, would also provide political momentum to broader commercial ties. Bilateral trade has grown steadily over the past decade but remains below potential, particularly in high-value manufacturing and services. Business groups in both countries have been urging clearer pathways for investment approvals, mobility of skilled professionals and dispute resolution mechanisms to reduce friction for companies operating across jurisdictions.

Bangkok will host Wiki Finance Expo Thailand 2026 in April, positioning the Thai capital as a focal point for discussions on financial technology, digital assets and Web3 innovation across Southeast Asia. The event is scheduled to take place at the Bangkok Marriott Marquis Queen’s Park, bringing together industry executives, policymakers, investors and technology developers at a time when the region’s digital finance ecosystem is expanding at pace.

The expo is expected to draw thousands of participants from Asia, the Middle East and Europe, reflecting Bangkok’s growing role as a neutral convening hub for global fintech dialogue. Organisers have indicated that the programme will centre on payments innovation, decentralised finance, blockchain infrastructure, digital asset regulation and the integration of artificial intelligence into financial services. These themes mirror broader shifts in global finance, where traditional institutions and technology-driven platforms are increasingly intersecting.

Thailand’s selection as host underscores the country’s strategic importance within Southeast Asia’s fintech landscape. Bangkok already serves as a base for regional operations of banks, digital payment firms and cryptocurrency exchanges, supported by a large consumer market with high smartphone penetration and rising adoption of cashless payments. Regional analysts note that Southeast Asia’s fintech sector has moved beyond experimentation, with platforms scaling rapidly across borders in areas such as e-wallets, buy-now-pay-later services and tokenised assets.

Wiki Finance Expo has established itself as a travelling forum, with earlier editions held in cities including Dubai, Hong Kong and Singapore. The Thailand edition is expected to build on that track record by offering a mix of keynote addresses, panel discussions and business matchmaking sessions. Industry leaders from blockchain firms, digital asset custodians, payment processors and trading platforms are likely to outline strategies for navigating regulatory complexity while pursuing growth in emerging markets.

A central focus of the Bangkok gathering will be Web3, an area attracting increasing interest from both venture capital and established financial institutions. Developers are using blockchain-based architectures to reimagine trading, lending and data ownership, while governments across Asia are assessing how to balance innovation with consumer protection. Participants are expected to debate how decentralised technologies can coexist with existing financial systems rather than replace them outright.

Regulation is set to be another major thread. Southeast Asian jurisdictions have taken varied approaches to digital assets, ranging from proactive licensing frameworks to tighter restrictions on retail participation. Thailand has introduced structured oversight for digital asset businesses, aiming to reduce systemic risk while allowing innovation to continue. Discussions at the expo are expected to explore how clearer regulatory pathways can attract institutional capital and encourage responsible product development.

The event also comes as cross-border payments remain a priority for the region. High remittance flows, driven by labour mobility and trade, have highlighted inefficiencies in legacy systems. Fintech firms are increasingly promoting blockchain-based settlement and real-time payment networks as solutions. Panels in Bangkok are expected to examine whether these technologies can achieve scale while meeting compliance and security requirements.

Beyond policy and technology, the expo is positioned as a commercial platform. Start-ups will have opportunities to pitch to investors, while established companies can seek partnerships or market entry strategies. Organisers have emphasised the importance of connecting global capital with Southeast Asian innovation, particularly as funding patterns shift towards projects with clearer revenue models and regulatory alignment.

Tourism and hospitality stakeholders in Bangkok are also expected to benefit from the influx of international delegates. Large-scale business events have become an important segment of the city’s post-pandemic recovery strategy, complementing leisure tourism. Hosting a high-profile fintech expo aligns with efforts to brand Bangkok not only as a travel destination but also as a regional business and technology centre.

Global Brand Ambassador Lando Norris and Asia-Pacific Brand Ambassador Wei Daxun gear up to launch the latest evolution of TUMI Alpha.

HONG KONG SAR – Media OutReach Newswire – 28 January 2026 – Today, international travel, lifestyle, and accessories brand TUMI unveils the next generation of the Alpha collection, brought to life through individual campaigns starring Formula 1 World Champion and Global Brand Ambassador Lando Norris, and Asia-Pacific Brand Ambassador and actor Wei Daxun. Together, they embody a revitalized expression of Alpha: sleek, precise, and intentionally understated — designed for modern movement.

The global campaign, directed by Alice Schillaci and photographed by Reto Schmid, casts Norris in a cinematic, suspense-driven narrative. Framed as a man preparing for a mission, the visuals draw from classic action storytelling, defined by precision, focus, and intent.

“When you’re preparing for something important, you don’t want distractions — you want everything to work exactly as it should,” says Norris. “Whether I’m racing or on the move, it’s about being ready. Alpha feels built for that mindset.”

That same sensibility continues in the campaign starring Asia-Pacific Brand Ambassador Wei Daxun. Directed by David Pun and photographed by GK (国琨), the campaign captures Daxun moving through sleek, modern spaces, highlighting Alpha’s clean lines, smooth movement, and refined design.

“Alpha is designed with real intention — you feel it in the materials, the balance, the way it moves with you. It’s something I trust to be there, no matter where the day takes me.” says Wei.

“Alpha represents a blueprint for modern movement,” says Victor Sanz, TUMI Global Creative Director. “It’s where we return to rethink performance. We look at how people move, what they carry, and how design can support that journey.”

“Both Lando Norris and Wei Daxun represent that next generation. Alpha isn’t just designed to keep up with them; it’s designed to perform alongside them.”

Across both campaigns, Alpha’s design intelligence takes focus. Signature FXT^TM Ballistic Nylon anchors the collection, paired with streamlined pocketing, silent magnetic closures, and intuitive access points engineered for efficiency. Core styles — including the Dual Access Expandable Carry-On, TUMI Brief Pack^TM, Double Expansion Duffel, and Convertible Clutch Crossbody — are refined to support movement without interruption.

To celebrate Alpha’s latest evolution, TUMI debuts Ultra Blue, identified by vivid blue accents across key touchpoints on six iconic Alpha silhouettes. The colorway aims to commemorate TUMI’s relentless innovation and commitment to excellence.

This next generation of Alpha reflects TUMI’s enduring commitment to understanding its customer and supporting every moment of their journey, wherever it leads.

PRODUCT HIGHLIGHTS

* TUMI Brief Pack^TM

Built for those who demand more from every journey. Take your office with you — and then some — with our iconic design. Intuitively crafted to be spacious and well-organized, every item has its place, from the organizational panel to the hidden phone pocket.

* Double Expansion Duffel

Built for travelers who demand more from every journey. Cleverly crafted to maximize packing

capacity, this bestselling duffel features impressive depth and expansion, making it the ultimate companion for long weekends.

* Dual Access Expandable 4 Wheeled Carry-On

Built for travelers who demand more from every journey—this large-capacity, dual-access

expandable carry-on features our signature FXT^TM Ballistic Nylon and best-in-class functionality.

* Convertible Clutch Crossbody

Built for those who demand more from every journey. This compact style features signature TUMI design elements and is versatile by design. Carry as a crossbody, wristlet or clutch by

interchanging the included straps accordingly.

Explore the TUMI Alpha Collection now at TUMI.com and in TUMI stores worldwide. Follow @TUMITravel for exclusive behind-the-scenes content from the campaign.

Hashtag: #TUMI

The issuer is solely responsible for the content of this announcement.

About TUMI

Since 1975, TUMI has been creating world-class business, travel, and performance luxury essentials, designed to upgrade, uncomplicate and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we’re committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions. For more about TUMI, visit TUMI.com and follow on Instagram, TikTok, Facebook, and YouTube.

TUMI and TUMI logo are registered trademarks of Tumi, Inc. © 2026 Tumi, Inc.

The strategic collaboration focuses on the research and development of enhanced L2++ autonomous driving technologies for future VinFast electric vehicles. VinFast’s current EV passenger lineup is equipped with Level 2 driving assistance features, and the upgraded L2++ system is already undergoing pilot testing on the VF 8 and VF 9 models. This partnership establishes a strong foundation for VinFast to progressively integrate more advanced autonomous capabilities across its full product portfolio, underscoring the company’s commitment to delivering safer, smarter, and more intuitive mobility experiences for customers worldwide.

In addition, the partnership will explore and develop the “Robo-Car” system — a first-of-its-kind AI architecture that eliminates the need for costly LiDAR, radar arrays, or HD maps. Instead, the system leverages seven standard cameras and a compact, high-performance computing chip capable of processing approximately 20 trillion operations per second, enabling advanced autonomous functionality at a fraction of the cost and complexity of traditional systems.

The Robo-Car system is powered by Autobrains’ Agentic AI architecture, which adapts to real-time driving scenarios with humanlike precision while minimizing computational demand and removing the need for costly hardware. Combined with Autobrains’ Air-to-Road localization, a camera-based mapping technology that fuses real-time visual data with satellite imagery to eliminate HD map dependence, this foundation enables a scalable and affordable Level 4 autonomous solution for both emerging and advanced markets. VinFast and Autobrains are now testing the Robo-Car in controlled zones in Hanoi, with plans to expand trials to larger cities and international markets.

Prof.-Dr. Nguyen Van Duong, Global Deputy CEO of VinFast and Director of ADAS/AD Research Institute, said:”VinFast’s strategic partnership with Autobrains is helping shape a disruptive approach to affordable autonomous driving that fits our long-term vision for global mobility. We aim to move advanced driving technology from early adopters to everyday drivers. VinFast is committed to making autonomous mobility safe, affordable, and available to all.”

Mr. Igal Raichelgauz, CEO of Autobrains, said: “The Robo-Car we’re developing with VinFast is performing autonomous driving in real traffic with confidence and precision. It marks meaningful progress toward a future where drivers everywhere can enjoy safety, comfort, and freedom through autonomy. It also reflects our shared mission of making advanced autonomous capability accessible to everyone.”

VinFast is accelerating its global growth by expanding production capacity, broadening its product portfolio, and strengthening its presence in key international markets. The company continues to build momentum by working with leading local and international partners to integrate advanced technologies, enhance service quality, and elevate the overall vehicle experience. These collaborations allow VinFast to combine global expertise with its own rapid innovation, supporting the company’s mission to deliver high-quality, intelligent, and accessible electric vehicles to customers worldwide.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe, the Middle East and Asia.

Learn more at: https://vinfastauto.com/

About Autobrains

Autobrains is a leading AI company in the automotive industry. The company developed a paradigm-shifting AI technology called Agentic AI, backed by more than 300 patents addressing core autonomous driving challenges. Autobrains’ solutions for ADAS and autonomous driving offer advanced perception capability, low compute requirements, and sensor and SoC flexibility. The company is supported by strategic investors including Temasek, Knorr-Bremse AG, BMW i Ventures, Toyota Ventures, VinFast, Continental AG, and Autel.

Learn more at: http://www.autobrains.ai/

Bringing together local and overseas innovation talents and leaders to deepen cross-border, cross-campus collaboration

HONG KONG SAR – Media OutReach Newswire – 27 January 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), together with 15 local tertiary institutions, marked a major milestone as Hong Kong Techathon+, the city’s largest international intercollegiate innovation and technology (I&T) annual event, celebrated its 10th anniversary. The Hong Kong Techathon+ Finale was successfully held recently (on 24 January) at Hong Kong Science Park. The team “Cresento” from The Hong Kong University of Science and Technology won the Gold Award in the category of Trusted AI and Data Science under the Local Track (Open Group) as well as the Best Presentation Award voted by the audience.

In parallel, the Global University Innovation Network (GUIN), jointly established by HKSTP and its 15 local tertiary institution partners, convened its inaugural forum on 23 January. The forum brought together GUIN member representatives and academic I&T leaders for in-depth exchanges on innovation and entrepreneurship ecosystem development, further strengthening Hong Kong’s position as an international I&T and talent hub.

Hong Kong Techathon+ is co-organised by HKSTP and 15 local tertiary institutions, including: City University of Hong Kong, Hong Kong Baptist University, Hong Kong Metropolitan University, Hong Kong Shue Yan University, Lingnan University, The Chinese University of Hong Kong, The Education University of Hong Kong, The Hang Seng University of Hong Kong, The Hong Kong Polytechnic University, The Hong Kong University of Science and Technology, The University of Hong Kong, Tung Wah College; and three institutions under the Vocational Training Council – The Technological and Higher Education Institute of Hong Kong, Hong Kong Institute of Vocational Education, and Hong Kong Institute of Information Technology.

Record-high International Participation Highlights Hong Kong’s Role as a Hub for Talent, Markets and Opportunity

This year’s Techathon+ attracted enthusiastic participation from both local and overseas universities, Approximately 1,900 participants formed over 470 teams. Notably, 215 overseas teams joined, underscoring the event’s growing international appeal.

Following rigorous selection, 172 teams advanced to the finale, including 122 local teams and 50 overseas teams from Australia, Brazil, Chinese Mainland, Japan, Kazakhstan, Malaysia, Portugal, Singapore, the Republic of Korea, Taiwan, the UK, and the US. Kazakhstan, Japan, Korea and the UK participated for the first time through their university representatives, further demonstrating Techathon+’s reach as an international platform for I&T exchange.

A Decade of Growth: From a Local Challenge to One of Asia’s Major Inter-University I&T Platforms

HKSTP Chief Executive Officer Mr Terry Wong said: “Since its launch in 2015, Hong Kong Techathon+ has grown from a local challenge to one of Asia’s largest intercollegiate I&T events — driving creativity and collaboration while creating international impact. Techathon+ brings together outstanding young talents across tertiary institutions, turning ideas into innovative solutions that respond to societal needs and carry strong potential for real-world application. The platform has expanded the global pipeline of innovators and entrepreneurs, reinforcing Hong Kong’s role as a hub connecting talents, markets, and opportunities, and writing the next chapter of Hong Kong’s I&T story.”

Beyond a Competition: A Comprehensive “Soft-landing” platform for Entrepreneurship

Hong Kong Techathon+ is more than a university innovation competition. Over the past decade, the platform has engaged over 9,000 participants, nurturing innovative talents and supporting the growth of startups.

Non-local teams also participated in a four-day immersive programme, featuring I&T ecosystem seminars, mentorship, investor matching, visits at Hong Kong Science Park, and tours to Chinese Mainland I&T bases, helping participants explore market expansion opportunities across the Greater Bay Area.

HKSTP also invites selected high-potential finalist teams and winners to join its Ideation Programme, offering up to HK$100,000 in seed funding (along with support aligned with participating universities’ startup programmes), free co-working spaces, access to advanced technology resources and professional mentorship. Through HKSTP’s incubation and industry networks, teams are supported from prototype development to sustainable startups operations – scaling progressively and building international impact.

Amazon Web Services (AWS) is the exclusive Technology Enabler for the 10^th Edition of Hong Kong Techathon+, providing participating startups with access to leading cloud and artificial intelligence technologies and platforms. Through this collaboration, AWS offered competing teams technology resources in generative AI and machine learning, professional technical support, and workshop to accelerate innovation and drive Hong Kong’s development as an international I&T hub.

Inaugural GUIN Forum: Deepening Global University Innovation Collaboration

The first Global University Innovation Network (GUIN) Forum was successfully held on 23 January at Hong Kong Science Park, bringing together GUIN member institution representatives and I&T experts. The forum focused on three key areas:

• Exploring strategies for university-industry technology transfer collaboration to achieve win-win innovation outcomes
• Examining the Greater Bay Area as a hub for international innovation collaboration, including opportunities for research commercialisation and cross-border partnership, and
• Strengthening global collaboration networks through actionable pathways.

Speakers included Dr Tony Raven, former CEO of Cambridge Enterprise; Professor Poh Kam Wong, Emeritus Professor at National University of Singapore; and Dr Alwin Wong, Chair of the Association of Technology Transfer Professionals (ATTP), among others.

Co-founded last year by HKSTP and 15 local tertiary institution partners with support from multiple overseas institutions and partners, GUIN aims to bring together leading minds to advance international collaboration in innovation and entrepreneurship, reinforcing Hong Kong’s role as a global talent and innovation hub.

In his welcome address at the forum, Mr Terry Wong, Chief Executive Officer of HKSTP remarked: “We are building GUIN into a ‘global platform for innovation exchange and incubation’ — sharing knowledge, co-creating initiatives, and connecting startups with campus incubation resources and markets worldwide to turn concepts into tangible outcomes.”

Since last summer, HKSTP and university partners have launched the Theme-based Global Incubation Programmes under GUIN with three initiatives currently underway focusing on dentistry, visual technology, and the circular economy. The inaugural ” Global Hub for Future Dentistry” programme has attracted 40 top applicants worldwide. Additional thematic incubation programmes are in preparation, and GUIN members and partner organisations are welcomed to co-develop this expanding international collaboration.

The 10^th Edition of Hong Kong Techathon+ Partial Awards List:

Local Track (Student Group)

Local Track (Open Group)

Global Track

*Winner of Best Presentation Award voted by the audience.

Hashtag: #HKSTP

The issuer is solely responsible for the content of this announcement.