News related to
City

Global Industry Leaders Convene, Charting a New Chapter for the Intelligent Era

Liu Ying, Executive Vice President of China Telecom, stated in her speech that China Telecom closely align with the high-quality joint construction of the Belt and Road Initiative, promoting the deep integration of mature domestic technological capabilities with global cloud and network resources, and steadily enhancing its international operational strength. Through continuous cultivation, China Telecom has built an AI Token international operation capability system, consolidating the foundation for expanding the global market and deepening ecosystem cooperation. Based on the new stage of the AI Token era, China Telecom is committed to leveraging Token operations as a bond to share the new global computing network, co-create a new paradigm of AI services, jointly govern the new cross-border compliance order, and collectively embrace the new value of the digital intelligence wave.

Hashtag: #ChinaTelecom

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

During the reception, Invest Hong Kong (InvestHK), the government’s investment promotion agency, announced impressive results for the first half of 2026, revealing that these enterprises are expected to bring in over HK$53 billion (US$6.8 billion) in foreign direct investment and create over 8,600 new jobs for Hong Kong.

Speaking at the reception, John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), said Hong Kong is one of the best places in the world to do business, being ranked as the world’s freest economy by the Fraser Institute and the second most competitive economy according to the latest IMD World Competitiveness Yearbook.

“In choosing Hong Kong for your Asian and global business expansion, you share my belief in Hong Kong’s flourishing future,” Mr Lee said. “You have made a wise choice. Hong Kong is one of the world’s best economies to do business in and with.”

Under the “one country, two systems” principle, Hong Kong possesses the distinctive advantages of enjoying strong support from the country (China) and being closely connected to the world. The city offers an open and business-friendly environment, a simple and low tax regime, and a common law system that seamlessly connects with global financial centres.

Austria-based transport and logistics firm Gebrüder Weiss recently upgraded its Hong Kong office to become regional headquarters in East Asia and Oceania. Its Regional Director East Asia/Oceania, Michael Zankel, said of Hong Kong, “The business environment is great, you have a lot of talent around here to employ. It has always been the gateway to the Chinese Mainland but for us it is more a gateway to Asia.”

According to Merwann Younes, Global Head of Hospitality & Lifestyle Channels for Italian company Moleskine, Hong Kong is a “a very dynamic and creative city, which are also the core values for Moleskine as a brand.”

Etienne Dubois, Chief Strategy Officer, Unlimitics, which has developed an AI-powered school simulation game designed for neurodivergent children, said Hong Kong is a good place for start-up entrepreneurs like himself. “It is a very good melting pot for talent and opportunities and for growth,” he said.

Expanding on its first half results for 2026, InvestHK announced that its number of completed projects had increased 9% compared to the same period in 2025, while anticipated direct investment was up 36% and new jobs created rose 6% year-on-year.

In terms of place of origin of the 413 enterprises, 246 came from the Chinese Mainland, followed by Singapore (26), the United States (21), the United Kingdom (18), France (11) and Italy (11).

The top five sectors are innovation and technology (93), financial services and fintech (89), tourism and hospitality (55), transport, logistics and industrials (44), and business and professional services (39).

Looking ahead, Mr Lee said the HKSAR Government was expediting development of the Northern Metropolis, a new economic engine destined to rise as an international I&T and business hub.

“This will unlock abundant opportunities and shape a prosperous future for Hong Kong,” Mr Lee said, adding that the HKSAR Government is creating Hong Kong’s first Five-Year Plan, a strategic blueprint that will focus on long-term economic momentum, advancing technology and improving livelihoods.

Investment promotion results of InvestHK for the first half of 2026 are available at: https://gia.info.gov.hk/general/202606/25/P2026062500366_548202_1_1782386859629.pdf

Hashtag: #hongkong #brandhongkong #asiasworldcity #investhk #business #investment

https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong

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

Between 2027 and 2028, VinEnergo and SunAsia Energy plan to bring three flagship projects into operation, with a combined installed capacity of 422MWp. These are projects located in Macabebe, Pampanga (181 MWp), Sagay (126 MWp) and Silay (115MWp), both in Negros Occidental Province.

The partnership aims to deliver reliable renewable energy to the national grid, while supporting the Philippines’ goals of strengthening energy security, reducing carbon emissions, and promoting local economic development. Once operational, the projects are expected to supply electricity to approximately 278,000 households and reduce carbon emissions by more than 460,000 tons annually, equivalent to planting around 21 million trees.

Over the next 18 months, VinEnergo will work closely with SunAsia Energy on engineering design and project implementation. This phase will include the selection of engineers, technology providers, and contractors to install nearly 700,000 solar panels mounted on pile structures, as well as approximately 62 kilometers of new transmission lines across Negros and Pampanga.

The project portfolio will utilize the Solar on Stilts technology, in which solar panels are mounted on pile-supported structures above the water surface, enabling the integration of clean power generation with aquaculture activities. This approach effectively leverages the Philippines’ strong potential for combining renewable energy development with agriculture and fisheries, while serving as a model for future sustainable energy projects. It also aligns with VinEnergo’s strategy of advancing the Food-Energy-Water Nexus to optimize resource use and create long-term value for communities.

ING and SGV & Co. acted as exclusive M&A advisors to VinEnergo and SunAsia, respectively.

Mr. Nguyen Anh Khoa, Chief Executive Officer of VinEnergo, said: “Our partnership with SunAsia Energy on this strategic project portfolio is a clear demonstration of VinEnergo’s regional growth ambitions. We are proud to bring forward solutions that combine sustainable energy development with responsible resource utilization. Floating solar not only contributes to addressing energy security challenges, but also provides a valuable opportunity to share Vietnam’s development experience in protecting local livelihoods and fostering the parallel growth of the energy and agricultural sectors.”

Ms. Tetchi Capellan, Chief Executive Officer and Chairperson of SunAsia Energy Inc., said: “This partnership is driven by the shared commitment of SunAsia Energy and VinEnergo to strengthen energy security, support economic growth, improve people’s lives, and help protect the planet. Through the Floating Solar model, we are not only developing renewable energy infrastructure but also creating a framework where food production and clean energy generation can thrive together.”

The announcement of this strategic partnership comes as the Philippines hosts the ASEAN Summit, underscoring VinEnergo’s role in advancing cross-border collaboration to address energy and climate challenges. It also marks an important milestone in VinEnergo’s international expansion strategy, while highlighting the capabilities of Vietnamese enterprises in developing pioneering renewable energy models that contribute to ASEAN’s and the world’s sustainable energy transition goals.

Hashtag: #VinEnergo #SunAsiaEnergy #SolarOnWater

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

About VinEnergo

VinEnergo is a leading Vietnamese energy developer focused on investing in and developing large-scale energy projects to accelerate the sustainable energy transition in Vietnam and across the region. With innovation at the core of its strategy, VinEnergo develops projects that deliver positive socio-economic impact while leading the deployment of integrated solutions that combine renewable energy, baseload power, and battery energy storage systems (BESS) to build a greener, more stable, and more reliable energy system.

About SunAsia Energy Inc.

SunAsia Energy Inc. is a Philippine renewable energy developer focused on innovative clean energy and solar solutions, including floating solar, Solar on Water, and other renewable energy projects that support the country’s clean energy transition.

There is much to celebrate. This year marks the 50^th anniversary of the Hong Kong International Dragon Boat Races as well as 35^th anniversary of both the co-organiser, Hong Kong China Dragon Boat Association, and the sanctioning body, International Dragon Boat Federation (IDBF). The IDBF added to the occasion by announcing earlier this year the relocation of its headquarters back to Hong Kong.

Riding on the wave of excitement, the organiser, Hong Kong Tourism Board (HKTB), extended the annual Hong Kong International Dragon Boat Festival period to 13 days (June 19 – July 1), beginning on the historic Tuen Ng Festival (Dragon Boat Festival) and concluding on July 1, which is the 29^th anniversary of the Establishment of the Hong Kong Special Administrative Region (HKSAR).

As the headline international flagship event of “Hong Kong Summer Fun”, Dr Peter Lam, Chairman of the HKTB, said the Festival not only ran over a longer period, but also featured a stronger race line-up and more vibrant entertainment programmes than in previous years, offering an experience found only in Hong Kong for locals and visitors, while showcasing Hong Kong’s position as the Events Capital of Asia.

More than 220 teams from 16 countries and regions will compete for top honours in the world‑renowned setting of Victoria Harbour. This year’s event also introduces the special 50^th Anniversary Fishermen Invitational Cup and the 50^th Anniversary Championship, paying tribute to the traditional spirit of dragon boat racing.

Visitors will be able to enjoy a series of thematic activities along the Avenue of Stars, including a 22-metre traditional wooden dragon boat, a dragon boat-themed installation in collaboration with the new film Minions & Monsters, live music performances and a line-up of intangible cultural heritage performances, including martial art Wing Chun, Chinese juggling diabolo, traditional musical instruments ruan and guzheng.

Highlighting Hong Kong’s reputation as the birthplace of modern international dragon boat racing, as well as its strengths as a global hub city, the IDBF has taken a significant step in its long‑term global strategy with the formal incorporation of International Dragon Boat Federation Limited in Hong Kong on 29 April 2026.

“Incorporation in Hong Kong is not a conclusion, but a beginning. It anchors our Federation in the city where our international story started and strengthens our ability to serve our members and the global dragon boat family,” said Claudio Schermi, President of the IDBF.

As part of this new chapter, the IDBF has applied for funding under “the Pilot Scheme to Strengthen the Presence of Hong Kong in Asian and International Sports Associations”, which was recently introduced by the HKSAR Government’s Culture, Sports and Tourism Bureau. The Pilot Scheme is an initiative designed to support Asian and international sports associations establishing their headquarters or regional headquarters in the city.

The Dragon Boat Festival has a long and colourful history dating back more than two thousand years. Held each year on the fifth day of the fifth lunar month, the day commemorates the patriotic poet Qu Yuan.

According to legend, Qu committed suicide for his beliefs by throwing himself into the Luo River. The villagers nearby raced out on their dragon boats, banging gongs and drums to scare away fish and other underwater creatures to stop them from eating Qu’s body. The tradition continues to this day, with dragon boat competitions taking place at locations across Hong Kong, each reflecting the unique characteristics of its neighbourhood.

Traditional dragon boat treats feature prominently during the festival, notably zongzi. These glutinous rice dumplings, traditionally wrapped in bamboo leaves and steamed or boiled, are widely available during the festive period.

Hashtag: #hongkong #brandhongkong #asiasworldcity #dragonboatraces #dragonboatfestival

https://www.brandhk.gov.hk/
https://www.linkedin.com/company/brand-hong-kong/
https://x.com/Brand_HK/
https://www.facebook.com/brandhk.isd
https://www.instagram.com/brandhongkong

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

As the first authorized reseller of Amazon Leo that has an APAC headquarters in Hong Kong, Pulsar will offer low Earth orbit satellite connectivity powered by Amazon Leo to commercial maritime customers to support vessel communications, crew welfare, digital solutions, and onboard operations.

HONG KONG SAR – Media OutReach Newswire – 25 June 2026 – Pulsar, a leading global mobile satellite service provider, announced an agreement with Amazon Leo, Amazon’s low Earth orbit satellite network. Under the agreement, Pulsar will serve as an authorized reseller, bringing high-performance satellite internet to maritime customers. As the first authorized reseller that has an office in Hong Kong, Pulsar will provide prompt customer support with regional expertise.

The agreement combines Amazon’s next-generation satellite technology, powered by a constellation of thousands of satellites with Pulsar’s global experience in providing mobile satellite services, enabling reliable connectivity for maritime customers operating globally in the commercial maritime industries. Amazon Leo is Amazon’s low Earth orbit satellite network, designed to provide fast, reliable satellite connectivity to customers beyond the reach of traditional networks.

“Amazon Leo will power the adoption of connected ship operations for fleet managers, the adoption of digital solutions such as optimized routing and navigation for lower cost and safer voyages, and aid crew retention through enhanced crew welfare applications,” said Robert Sakker, President & CEO of Pulsar. “High bandwidth, low latency communication solution from Amazon Leo, used together with AWS global infrastructure, will enable Pulsar to not only drive the adoption of the digital ship, but also to ensure cyber-security, giving fleet managers the confidence to move from connectivity to fully remote operations.”

Amazon Leo is designed to meet the demanding performance, reliability, and security requirements of business customers worldwide. The system provides lower latency, higher bandwidth, and broader coverage than traditional satellite solutions, enabling real-time applications, remote operations, and hybrid network architectures.

Customers will connect to the network using one of several compact, high-performance antennas: Leo Pro and Leo Ultra. Leo Ultra is the most powerful model in the line, capable of delivering download speeds of up to 1 Gbps and upload speeds of up to 400 Mbps—capacity that supports demanding enterprise applications.

Serving key industries across the globe, Pulsar will offer Amazon Leo as part of its portfolio of communications, digital solutions, cyber-security, and crew welfare applications, tailored to the needs of the industries it supports, including various maritime customers operating in remote waters.

“We are very excited to be partnering with Amazon Leo to strengthen Pulsar’s portfolio of maritime focused products, services and solutions,” added Sakker. “Amazon Leo will accelerate Pulsar’s expansion of the fleets it services, helping Pulsar’s continued growth as a leader in the global maritime sector.”
Hashtag: #AmazonLeo #PulsarInternational #PulsarBeyond #SatelliteConnectivity #SatelliteNetwork #LEOSatellite

https://www.pulsarbeyond.com/
https://www.linkedin.com/company/pulsarbeyond/
https://www.facebook.com/pulsarbeyond/

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

About Pulsar

Pulsar International (“Pulsar”) is a leading provider of satellite communications products and services, offering voice, data, and IoT solutions to customers in commercial maritime, Agri-tech, enterprise, and government markets. Pulsar operates across the globe, with offices located in North America, Latin America, Europe, Middle East, and Asia Pacific. Its global headquarters is in Hollywood, FL, USA. For more information about Pulsar and how we can transform your connectivity and end-to-end solutions beyond the ordinary, visit www.pulsarbeyond.com.

Held in support of Go Green SG 2026, the 27 June to 4 July exhibition spotlights creative reuse and cleaner event power at Raffles City Shopping Centre

SINGAPORE – Media OutReach Newswire – 25 June 2026 – Trashure Hunt 2026 will open its award ceremony and public exhibition this Saturday, 27 June, at Raffles City Shopping Centre, inviting Singaporeans to see how discarded materials can be transformed into artworks that spark practical conversations on waste, recycling and climate action.

Organised by Adsan Law LLC and Ode To Art in support of Go Green SG 2026, Trashure Hunt arrives as Singapore continues to push for stronger everyday sustainability habits. While national conversations around climate action often focus on large-scale infrastructure or policy, the exhibition brings the issue closer to the public by showing how creativity can change the way people see the materials they throw away.

The exhibition is part of the fourth edition of Go Green SG, the national sustainability movement led by the Ministry of Sustainability and the Environment. This year’s edition runs from 11 May to 28 June 2026 and features more than 1,000 sustainability-focused activities by around 500 partners across Singapore, with a focus on climate adaptation. Against that backdrop, Trashure Hunt brings the message into a familiar public space: a shopping mall, where everyday consumption and environmental responsibility naturally meet.

Following the close of submissions on 20 June, selected artworks created from clean recyclable or discarded materials will be showcased at Raffles City Shopping Centre from 27 June to 4 July 2026. Entries are assessed on creativity, use of materials, sustainability message, craftsmanship and overall impact. Winners will receive a share of a SGD 9,000 prize pool, with first prize at SGD 5,000, second prize at SGD 3,000 and third prize at SGD 1,000.

As the Green Energy Partner for Trashure Hunt 2026, GoRentalSG supported the event’s vision of turning waste into wonder by demonstrating how sustainability can be activated not only through art, but also through the way events are powered. For this event, GoRentalSG provided 216kWh of clean energy and helped avoid an estimated 583kg of emissions, proving that every gathering, exhibition and public experience has the potential to become part of a cleaner energy future.

“People often think sustainability begins with big infrastructure, but an exhibition like Trashure Hunt makes it visible and immediate,” said Colin Peh, Founder and Managing Director of GoRental SG. “A discarded item can become something worth pausing for, and an event can run on cleaner power instead of defaulting to diesel. These practical shifts are what make sustainability easier for more people to understand and adopt.”

The award ceremony will be held on Saturday, 27 June 2026, 11:30am, at Ode To Art, 252 North Bridge Road, #01-36E/F, Raffles City Shopping Centre. Mr Melvyn Ong, Permanent Secretary at the Ministry of Sustainability and the Environment, will attend as Guest of Honour. The award ceremony is for invited guests and media only, while the exhibition will be open to the public from 27 June to 4 July.

Hashtag: #GoRentalGlobal #GoRentalSG #PowertoEmpower #GoImpact #GoGreenSG2026

https://www.gorental.sg/
https://www.linkedin.com/company/gorental-sg/

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

About GoRentalSG

GoRentalSG is a Singapore-based clean energy solutions provider powering the transition towards cleaner, quieter and more sustainable operations across events, worksites, businesses and urban spaces. By replacing conventional diesel generator dependency with intelligent, mobile battery energy systems, GoRentalSG enables organisations to reduce emissions without compromising reliability, scalability or performance. Through practical deployment, data-driven energy planning and future-ready battery solutions, GoRentalSG continues to help Singapore’s events and industries move towards a more resilient, low-carbon tomorrow. Learn more at GoRentalSG.

At Cemtech Asia 2026, SCG demonstrated its commitment to advancing the cement industry through tangible low-carbon cement innovations. Mr. Surachai Nimlaor, President of SCG Cement and Green Solutions, stated:

“As the region’s leader in the low-carbon cement industry, SCG is dedicated to developing breakthrough innovations that minimize resource consumption and maximize eco-friendliness. By steadily reducing carbon dioxide emissions, we directly address the evolving demands and adaptation challenges of the construction industry across ASEAN and global markets.”

Alongside showcasing its cutting-edge LC3 low-carbon cement prototype at the exhibition, SCG hosted an exclusive site visit to its Ta Luang Cement Plant in Saraburi Province for global delegates. Key highlights of the showcase and tour included:

• SCG LC3 Structural Cement: Developed from limestone, calcined clay, and specialized additives, this next-generation low-carbon cement reduces CO2 emissions by up to 30–40%. Its production process incorporates up to 40% biomass alternative fuels (such as rice husks and straw) and over 35% renewable energy. This is achieved without compromising any product performance or structural integrity, with its environmental performance independently verified through an Environmental Product Declaration (EPD).
• Rondo Heat Battery: SCG has pioneered ASEAN’s first installation of the Rondo Heat Battery at the Ta Luang Cement Plant. Developed in collaboration with Rondo Energy, this breakthrough thermal energy storage solution converts intermittent renewable power into high-temperature thermal energy, storing it at up to 1,500°C in thermal media. With an exceptional energy recovery efficiency of up to 97% and a lifespan exceeding 40 years, the system provides a continuous 24/7 supply of clean heat, supporting the decarbonization of industrial manufacturing processes.

• Refractory Solutions by The Siam Refractory Industry Co., Ltd. (SRIC): As a leading global refractory solutions provider, SRIC showcased its advanced technologies and innovative solutions designed to enhance operational efficiency, reliability, and sustainability, including:
  1. Anti-Hydration Brick: The world’s first Anti-Hydration brick, extending shelf life from 6 to 24 months. This breakthrough innovation helps minimize material degradation, reduce production downtime, and improve overall operational efficiency.
  2. Thermal Media for Heat Battery: Co-developed with Rondo Energy, these high-performance heat storage blocks deliver up to 97% thermal efficiency, enabling reliable 24-hour energy availability and supporting the transition toward cleaner industrial energy solutions.
     • Solar Floating: Installed at the Ta Luang Cement Plant, this floating solar array generates 16.6 million kWh of clean electricity annually, cutting greenhouse gas emissions by over 8,000 tons of CO₂ equivalent per year. By repurposing the plant’s industrial reservoirs, the system optimizes resource efficiency and highlights SCG’s integration of green energy into heavy industry.

As co-host of Cemtech ASIA 2026, SCG reaffirmed its role as a trusted industry leader on the global stage. The event served as a major catalyst for expanding business networks and facilitating high-level technology and knowledge exchanges with world-class industry players. Moving forward, SCG is dedicated to cultivating global alliances to propel Thailand’s cement industry toward a Net Zero pathway, solidifying its position as ASEAN’s cement leader.

Watch the video:

CEMTECH ASIA 2026 | SCG Driving ASEAN’s Cement Industry Towards Net Zero

https://youtu.be/wCvSYeumGLY?si=nFle1kClP8sYR9z3

Hashtag: #SCG

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

The debate has sharpened as enterprises test AI systems for strategy modelling, risk alerts, market forecasting, compliance reviews and scenario planning. These tools promise faster decisions and broader analysis, but they also raise questions over directors’ duties, audit trails and responsibility when algorithmic advice shapes corporate choices.

Singapore has positioned itself as one of Asia’s most active AI governance centres, combining public investment, industry adoption programmes and voluntary frameworks rather than sweeping legislation. The approach is designed to encourage innovation while keeping human accountability at the centre of AI deployment. That balance is now being tested as companies examine whether AI can move beyond back-office functions and become a structured part of board deliberations.

The issue has gained urgency because AI systems are no longer limited to producing summaries or automating routine workflows. Newer agentic AI tools can plan tasks, reason across data, trigger actions and interact with software systems with limited human intervention. For corporate boards, such capability creates both opportunity and exposure. A system that can flag liquidity pressure, supply-chain disruption or reputational risk may improve oversight. A system that gives flawed recommendations based on incomplete data, hidden bias or weak assumptions may deepen governance failures.

Singapore’s corporate law framework continues to place responsibility on human directors. Directors are expected to act honestly, use reasonable diligence and discharge their duties in the company’s interests. That obligation does not shift to software vendors, consultants or internal AI teams merely because a board relied on machine-generated analysis. If directors accept AI output without challenge, the legal and reputational risk remains with the board.

Regulators have therefore focused on controls rather than replacement. Financial institutions already face sharper expectations because AI is being used in credit, insurance, fraud detection, wealth management and customer engagement. The fairness, ethics, accountability and transparency principles promoted for data-driven finance have helped shape how firms assess AI systems, particularly where customer outcomes may be affected. Proposed AI risk-management guidance for the sector points towards stronger board oversight, model governance, validation, monitoring and escalation procedures.

For non-financial companies, the same discipline is becoming harder to avoid. Listed companies must show that boards oversee strategy, risk and management performance. As AI begins to influence capital allocation, workforce planning, cyber-risk management and mergers, directors may need to demonstrate that they understand what the tools can and cannot do. Board papers generated by AI may require clear labelling, version control and records of the human judgement applied before decisions are approved.

The government’s wider AI strategy has added momentum. Singapore has refreshed national AI priorities, expanded support for enterprises and set out plans to help thousands of businesses adopt AI meaningfully. Public investment in AI research, computing capacity and talent is intended to strengthen national competitiveness, while partnerships with major technology firms are drawing more AI activity into the city-state.

Corporate leaders are watching these moves closely. Singapore’s appeal as a trusted business hub depends partly on whether it can offer companies a stable governance environment for AI adoption. The city-state has avoided a heavily prescriptive regime, preferring practical frameworks, testing tools and assurance mechanisms. That has helped businesses experiment, but it also means boards cannot simply wait for detailed rules before acting.

A growing concern is explainability. Board decisions often involve judgement under uncertainty, but directors must still be able to justify their reasoning. AI tools can generate polished recommendations without revealing how conclusions were reached or which data points carried the most weight. That creates problems for audit committees, external auditors and regulators when a decision later comes under scrutiny.

Another risk is over-reliance. Directors may treat AI output as neutral because it appears data-driven, even when the underlying model reflects skewed training data, weak prompts or commercial assumptions built by vendors. Smaller enterprises face an added challenge because they may lack internal expertise to test systems independently. For them, AI adoption can depend heavily on third-party products whose limitations are not always clear.

Singapore’s emerging answer is likely to rest on disclosure, assurance and accountability. AI “nutrition labels” under discussion would help users understand intended uses and limitations of AI products. Testing frameworks and accredited evaluation bodies could make it easier for companies to compare tools and identify risks before deployment. These measures would not remove directors’ obligations, but they could give boards a clearer basis for responsible adoption.

41 local tech firms, institutes and university spin-offs head to San Diego to forge global partnerships, reinforcing the city’s status as international healthcare innovation hub

HONG KONG SAR/SAN DIEGO, UNITED STATES – Media OutReach Newswire – 24 June 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with InvestHK as co-organiser, the Hong Kong Trade Development Council (HKTDC) as supporting organisation, and five renowned local universities – The University of Hong Kong, The Chinese University of Hong Kong, The Hong Kong University of Science and Technology, The Hong Kong Polytechnic University and City University of Hong Kong – to form the city’s largest-ever delegation of life and health technology innovators to the BIO International Convention 2026 (BIO 2026) in San Diego, from June 22 to 25.

Building on last year’s momentum, the 2026 Hong Kong delegation doubled the size of the Hong Kong Pavilion, expanding to a record of 41 organisations from HKSTP, including partner companies, research institutes, and for the first time with top five universities spin-offs. This landmark presence showcased Hong Kong’s deep strength across AI-enabled biotech, therapeutics, diagnostics, and pharma innovation, with potential outstanding “First-in-Class” and “Best-in-Class” assets. The delegation underscores the city’s leading role as Asia’s largest and the world’s second largest fundraising hub for the biotechnology sector.

Mr. Terry Wong, CEO of HKSTP, said, “BIO 2026 is a premier platform to showcase Hong Kong’s groundbreaking innovation, deepen partnerships, and open new pathways into global healthcare markets. As a super-connector, Hong Kong is uniquely positioned to bridge global innovators with opportunities across Asia and beyond. With strong R&D capabilities backed by world-class universities—five ranked among the QS Top 100, including two with medical schools now placed in the global top 20—Hong Kong’s biotech and medical research excellence is increasingly recognised worldwide. As the city’s innovation ecosystem orchestrator, HKSTP brings together talent, capital, research institutions, clinical partners, and industry leaders to accelerate the journey from discovery to impact. We will continue to empower life and health technology ventures, translating innovation breakthroughs into life-changing solutions that benefit communities around the world.”

HKSTP and Park Companies Advanced in Cross-border Innovation and Market Expansion

A key highlight of BIO 2026 is witnessing the signing of three major strategic partnerships:

• LabCentral — HKSTP signed an MOU with one of the largest global non–profit biotech incubators, supporting life sciences startups with high-impact lab infrastructure and scientific community programmes. The collaboration will deepen ties between the U.S. and Hong Kong life sciences ecosystems through startup support, ecosystem engagement, and co-developed programmes, events and strategic initiatives. It will also help connect startups, investors, corporate partners and research institutions, creating stronger pathways for cross-border innovation and commercialisation.

• Immuno Cure – the developer of the first-in-human novel therapeutic HIV vaccine ICVAX – announced its collaboration with OPIS, an international Contract Research Organization (CRO), at BIO 2026. Leveraging OPIS’s full-service, multi-country clinical trial expertise and regulatory knowledge, the partnership will support overseas clinical trial execution and establish a global framework to prepare for international expansion.

• Zhaoke Ophthalmology signed an MOU with Laboratório Teuto, the first company to produce generic medicines and OTCs (Over the Counter – Prescription Exempt Medicines) in Brazil, to explore cross-border cooperation in ophthalmology. This is Zhaoke’s first strategic MOU in Brazil market. Leveraging its innovative pipeline and Teuto’s commercial network in Brazil, the partnership aims to bring advanced eye care treatments to Latin American patients while demonstrating the globalisation of Hong Kong-born biotech innovation.

Beyond the BIO 2026 Hong Kong Pavilion, HKSTP CEO Mr Terry Wong attended the “Translating Innovation Across Borders: Creating Global Gateways for Biotech Startups” panel sharing session. Mr. Wong shared his insights on cutting-edge biotech trends, Hong Kong’s strengths on life and health tech development, and HKSTP’s role in building a global bridge for nurturing global startup expansion, sustainable innovation and collaboration.

Furthermore, HKSTP and five Hong Kong university delegates visited the Salk Institute, home to six Nobel Laureates during BIO 2026 to explore partnerships and shape global biotech momentum through collaborative platforms. HKSTP, in collaboration with InvestHK as co-organiser, HKTDC as the supporting organisation, and powered by the Hong Kong Economic and Trade Office in San Francisco, hosted a Global Mixer during the exhibition. Industry leaders, incubators, and venture capital firms – including Bayer Pharmaceuticals, Johnson & Johnson Innovation, LabCentral, Roche, Simcere Pharmaceutical, and T.Rx Capital – were invited to join the judging panel for startup pitching sessions. The Pavilion also featured executive sharing and curated networking events for commercialisation, licensing, partnerships, investment and international market expansion.

Global recognition at Biomedical Pitch Competition

In the lead-up to BIO 2026, HKSTP actively drove engagement across the biotech sector and co-organised the 2026 Biomedical Pitch Competition with the Boston Capital Investment Club in Boston on May 23 and 24. Competing against around 170 biotechnology companies worldwide, HKSTP park company Meta Pharmaceuticals (HK) Limited won Third Place for its next-generation autoimmune therapeutics. The recognition underscores the strength of Hong Kong’s biotech pipeline and HKSTP’s commitment to translational medicine, commercialisation and globally scalable healthcare solutions.

HK’s biotech ecosystem rises to another level

Hong Kong continues to expand its global healthcare footprint as the world’s second-largest biotech fundraising hub. As Hong Kong’s flagship innovation and technology ecosystem, HKSTP is home to more than 300 life and health technology companies and helps innovators turn pioneering ideas into real-world impact. Its ecosystem connects capital, talent, infrastructure and market access across the biotech innovation journey.

Hashtag: #HKSTP

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

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 17,000 research professionals and over 2,500 technology companies from 26 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 to contribute in establishing I&T as a pillar of growth for Hong Kong.

More information about HKSTP is available at www.hkstp.org.

As one of the members of the Hong Kong Special Administrative Region (HKSAR) Government’s GoGlobal Task Force, HKPC provides enterprises with “Six Tactics to Go Global” through “The Cradle – Go Global Service Centre” (The Cradle), delivering comprehensive going-global services spanning smart manufacturing, international standards and testing services, as well as technology R&D and evaluation. HKPC actively empowers both Chinese Mainland and Hong Kong enterprises to expand into global markets. Simultaneously, HKPC is actively enabling European and international enterprises to access the Chinese Mainland market through Hong Kong, fully building a seamless, two-way bridge that highlights Hong Kong’s unique strategic advantage as an indispensable “two-way springboard”.

Mr Yonghai DU, Chief Innovation Officer of HKPC, attended the Hong Kong Seminar-cum-Networking Reception, themed “Building Resilient Tech Ecosystems: Powering the Next Wave of International Tech Leadership from Hong Kong,” organised by the HKTDC, engaging in in-depth exchanges with global industry leaders to advance Hong Kong’s position as an international I&T centre connected to the global innovation ecosystem.

Empowering Local I&T Enterprises to Seize Global Business Opportunities, Deepening Two-way Collaboration Between the Chinese Mainland and Europe

Mr Yonghai DU, Chief Innovation Officer of HKPC, said: “As one of the world’s leading technology events, VivaTech serves as an exceptional gateway for Hong Kong’s I&T enterprises to step onto the international stage. HKPC continues to lead the industry in participating in prestigious exhibitions at home and abroad, showcasing Hong Kong’s R&D strengths in full. Hong Kong’s unique advantage in integrating with the world allows it to provide high-quality strategic support that helps Chinese Mainland and Hong Kong enterprises to ‘go global’, while also serving as a key ‘two-way springboard’ that helps outstanding European and international enterprises entre the Chinese Mainland market through Hong Kong. HKPC will continue its unique position as a bridge, driving complementary strengths and fostering mutually beneficial collaboration across regions.”

He added that since its establishment, “The Cradle” has received more than 500 expressions of interest and has provided over 300 projects with go global services, including preliminary assessments, smart manufacturing technologies, testing and certification, as well as on-site visits. Drawing on HKPC’s extensive experience in leading enterprises to go global, HKPC will continue to empower more I&T enterprises successfully expand overseas and tap into global markets.

Top-tier and Diverse I&T Achievements Make Their Debut, Shining on the European Tech Stage

The four participating Hong Kong I&T enterprises showcased a range of cutting-edge technology fields to the European market at the “Hong Kong Tech Pavilion”, including Asgard Group Limited, specialising in smart energy and EV charging solutions; Laputa Eco-Construction Material Company Ltd, which develops sustainable construction technology, specialising in carbon capture and utilisation technologies; Oriental Materials Hong Kong Limited, which focuses on advanced manufacturing and manufacturing of semiconductor equipment; and Harmony SkyTech Limited, which specialises in the low-altitude economy and unmanned systems.

Representatives from all four I&T enterprises agreed that their participation helped them tap into cross-regional business opportunities, making a significant landmark for Hong Kong’s I&T sector, while HKPC’s “The Cradle” provided indispensable professional team support, helping them align precisely with international technical standards and localise their products, serving as a solid backing for their cross-regional expansion and rapid entry onto the international stage.
Hashtag: #HKPC

https://www.hkpc.org/en/

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

About 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.