US carmakers are racing to remove Chinese-designed communications hardware and software from connected vehicles as federal restrictions force a costly overhaul of supply chains, engineering systems and supplier relationships. The industry faces its first major deadline with model year 2027 vehicles, when covered connectivity and automated-driving software linked to China or Russia will be barred from new cars sold in the United States. Restrictions on vehicle connectivity […]
ADNOC has approved a $6.2 billion investment to develop the Umm Shaif Gas Cap, advancing Abu Dhabi’s plans to raise natural gas production and expand supplies for domestic and international customers. The offshore project is expected to produce more than 600 million standard cubic feet per day of natural gas and associated gas liquids by 2030. That volume is equivalent to almost 10 per cent of the […]
Arabian Post Staff -Dubai Embraer and Mubadala Investment Company have signed an agreement aimed at expanding aerospace manufacturing, services and technological capabilities in the UAE, strengthening the country’s role in the aircraft maker’s global supply and support network. The agreement establishes a framework for the two companies to assess industrial projects that could increase the amount of Embraer-related work carried out in the UAE and across the […]
Arabian Post Staff -Dubai Sharjah Taxi has completed one million trips booked through the Yango app, marking a significant expansion of digital taxi use in the emirate since the service was launched in February 2025. The milestone reflects rising passenger demand for app-based access to regulated city taxis, combining digital booking, journey tracking and electronic payment options with Sharjah’s established public transport network. The platform allows customers […]
Arabian Post Staff -Dubai Jeddah Islamic Port has introduced temporary storage-fee concessions for transit cargo, seeking to lower logistics costs and attract more shipping lines to Saudi Arabia’s largest Red Sea gateway. The incentive package took effect on July 19 and will remain available for 60 days. It extends the storage-fee exemption for transit containers to 15 days, while general transit cargo will receive five exemption days. […]
US stocks rose on Monday as chipmakers recovered from last week’s sell-off, reassuring investors that artificial intelligence remains perfectly capable of generating profits, provided nobody asks where the profits are. The S&P 500 gained about 0.6%, while the technology-heavy Nasdaq Composite advanced roughly 0.9%. The Dow Jones Industrial Average posted a smaller rise as traders concentrated on semiconductor shares, corporate earnings and the comforting possibility that another […]
HONG KONG SAR – Media OutReach Newswire – 20 July 2026 – The four-day World Artificial Intelligence Conference 2026 (WAIC 2026) concluded successfully in Shanghai. During the event, Phancy showcased its full-stack AI cloud service platform and real-world industry applications, highlighting its AI infrastructure, model platforms, and commercialization cases across multiple sectors.
At the heart of the showcase was Phancy’s “Token Factory”, which demonstrated a complete closed-loop from technological innovation and engineering implementation to industrial empowerment. The exhibit received widespread acclaim from industry leaders, government and enterprise representatives, international guests, and major media outlets. A number of high-profile guests visited the booth, sparking in-depth discussions on innovation opportunities and development trends in the AI 2.0 era.
Building the “Token Factory”: Full-Stack Capabilities Driving Scalable Industrial Adoption
At WAIC 2026, Phancy centered its presentation on its full-stack AI cloud service platform, demonstrating the “Token Factory” and turning the vision of scalable, reusable and deployable AI productivity into tangible industrial capabilities.
At the infrastructure and foundational layer, Phancy’s HAMi (virtual heterogeneous GPU management and orchestration platform) and ModelHub XC (opensource model adaption and optimization platform) effectively addresses key industry pain points — including localized deployment of large models, efficient computing resource scheduling and large‑scale implementation. These solutions provide a solid foundation for industrialized AI production and strengthen the Token Factory’s core advantages in efficiency, stability, and scalability. Both technologies attracted significant attention at the event, drawing government officials, industry experts, and enterprise clients for demonstrations, consultations, and partnership discussions.
Core Production and Intelligent Applications
At the core production and application layer, Phancy highlighted its AGI platform Phanthy Pantheon and the self-evolving AI modeling tool PhanthyModel, both of which significantly lower the barriers to building advanced models. On the delivery side, the company introduced its cross-platform embodied agent framework PhanthyMotus, the AI coding agent PhanthyCode, and the AI-powered film production platform PhanthyMovie. These solutions enable seamless integration of AI capabilities into real-world operations across a wide range of industries.
From computing orchestration and model development to intelligent agent deployment, Phancy continues to connect computing resources, AI models, developers, and industry ecosystems, driving the stable and efficient transformation of AI technologies into practical, scalable industrial productivity.
Internationally Recognized as a Trusted Global Industrial AI Solution
In addition to its technology showcase, Phancy received significant international recognition at WAIC 2026. At the Global Industrial AI Cooperation Forum, in the presence of high-level guests including the UN Deputy Secretary-General, Brazil’s Minister of Public Service Management and Innovation, and academicians from the Chinese Academy of Sciences, Phancy was selected as a “Global Flagship Case in Industrial AI” and named among the first batch of “Trusted Global Industrial AI Solutions.”
This prestigious honor validates Phancy’s technological reliability, compliance and real‑world implementation capabilities in industrial AI, and marks strong international endorsement of the company’s AI engineering and commercialization strengths.
Building an Open Industry Ecosystem and Entering a New Era of AI 2.0
The successful conclusion of WAIC 2026 was not only a celebration of technological achievements but also a powerful platform for deep industry collaboration. As AI moves into the era of large-scale application, Phancy will continue to pursue technological innovation and open collaboration, further strengthening its full-stack AI cloud service system.
Looking ahead, Phancy will work closely with global developers, industry partners, and clients to bring the “Token Factory” into more real-world scenarios, making AI a true driver of industrial upgrading and high‑quality productivity.
Hashtag: #PhancyGroup
The issuer is solely responsible for the content of this announcement.
The launch combines a unified, action-oriented world model with Ambient Capture Engine 2.0, three commercial solutions and a new industry benchmark, connecting high-density data with real-world robotic operations.
SHANGHAI, CHINA – Media OutReach Newswire – 19 July 2026 – ACE ROBOTICS today unveiled Kairos 3.1, its latest action-oriented world model, alongside Ambient Capture Engine 2.0 and three commercial solutions spanning instant retail, hospitality and outdoor service scenarios.
ACE ROBOTICS Chairman Wang Xiaogang introduces Kairos 3.1 during WAIC 2026 in Shanghai
The announcements were made at a forum ACE ROBOTICS organized during the 2026 World Artificial Intelligence Conference, convened around the theme of advancing physical AI from “understanding” to “execution.” The event brought together economists, technology executives and embodied AI researchers to examine how general-purpose world models can move from laboratory research to industrial deployment.
The forum also marked the launch of PHYSICAL IQ, a unified benchmark for embodied physical intelligence. It was jointly initiated by the Shanghai Artificial Intelligence Association, the Shenzhen Loop Area Institute and the East China branch of the China Academy of Information and Communications Technology, with participation from more than 20 universities and industry partners.
Thomas J. Sargent, Nobel laureate in Economic Sciences, discussed the limitations of current intelligent systems in rare and previously unseen situations.
A world model built for the physical world
“In the digital world, a model error may result in a flawed image or paragraph. In the physical world, an incorrect action can have real consequences,” said Wang Xiaogang, Chairman of ACE ROBOTICS. “Kairos 3.1 is built around a first-principles approach to embodied world models, helping robots act more reliably in complex and uncertain environments, and accelerating the arrival of physical AI’s Kairos moment.”
Kairos 3.1 is designed as a natively unified model that integrates generative, physical and cognitive intelligence within a single architecture, rather than combining separately developed capabilities.
Built on a hybrid Transformer architecture with a shared mixed-attention mechanism, it brings visual observations, language instructions, force and tactile signals, and policy trajectories into a unified latent space.
This supports an “understand, reason, execute and reflect” loop. The model can break down long-horizon tasks, simulate physical cause and effect across multiple scenarios, rank candidate actions, execute the selected strategy and evaluate the outcome for further adjustment.
At the core of its spatial understanding is ACE-BRAIN-0.5. ACE ROBOTICS said it has achieved state-of-the-art results across 12 public evaluations covering spatial understanding, navigation, manipulation and task-progress assessment, among publicly reported models as of July 2026.
In a household laundry scenario, for example, a robot can identify spatial relationships between objects, divide a task into more than a dozen steps and verify each stage in real time. If a failure occurs, it can identify the affected step and restart from that point rather than repeating the entire task.
For physical generation and reasoning, Kairos-HomeWorld supports whole-home scene generation and object interaction. It is built on 300,000 residential floor plans, 5,000 simulated home environments and 8,700 3D assets covering six categories of physical properties, designed to reflect common residential layouts in China.
The model can simulate multiple action trajectories in parallel and rank them based on predicted success and execution cost before sending instructions to a physical robot.
In internal testing, the Kairos 3.1 8B model achieved an inference latency of 125 milliseconds on the NVIDIA Jetson Thor platform at BF16 precision. Its in-house KairosRT computing engine supports real-time, on-device inference.
Kairos 3.1 also incorporates self-reflective iteration. When an action fails, the robot can evaluate the result and adjust its strategy. In one test, for example, it changed from a three-finger to a four-finger grasp after an unsuccessful attempt and subsequently completed the task.
From high-density data to continuous learning
ACE ROBOTICS also introduced what it calls the “Information-Density Law” for embodied models: the value of data is determined not only by its volume, but by whether it contains information capable of changing the outcome of an agent’s actions.
ACE ROBOTICS classifies embodied data across five information-density levels, from L1 to L5. L1 and L2 data support foundational pre-training; L3 and L4 data remain focused on known tasks; and at L5, data incorporates three-dimensional force and tactile signals, failure-recovery trajectories and variables from open environments. The company says these higher-density forms of interaction data support stronger generalization, reflection and continuous learning.
Built on this principle, Ambient Capture Engine 2.0 is a human-centric system for capturing, processing and reusing high-density physical-interaction data.
ACE Ego Kit is a lightweight wireless wearable comprising head, hand and chest components. It includes the ACE Sense Glove, which offers sensitivity of 0.01 newtons and a joint-angle error of less than two degrees. The system can synchronize data from more than 20 heterogeneous sensors with a timing error of less than one millisecond.
ACE Data Engine is an automated data-production platform for continuous, high-precision annotation of long-horizon tasks. It incorporates ACE-ViDiHand, a generative 4D hand-motion-capture framework designed to track movements despite occlusion and rapid motion, which ACE ROBOTICS reports led across three public benchmarks (ARCTIC, HOT3D and HOI4D) as of July 2026. The company recorded a frame-level accuracy of 0.997 and up to a 4.8-fold improvement in motion smoothness.
ACE Ego Matrix standardizes embodied data across four dimensions: spatial coordinates, embodiment structure, action timing and data quality. It is designed to align data collected by different operators, devices and robot platforms for reuse across systems. ACE ROBOTICS has open-sourced the framework, which it says placed first on the RoboCase and RoboTwin leaderboards.
ACE ROBOTICS also announced the open release of ACE-Data-0, an L5 household-interaction dataset featuring complex physical tasks and high-precision annotations.
Three solutions moving into commercial operation
Building on its data infrastructure and Kairos world-model capabilities, ACE ROBOTICS introduced three standardized industry solutions designed for deployment within existing commercial workflows.
Xiaoman, its integrated fulfillment solution for instant retail, is paired with the new W1 fulfillment robot. The W1 has a robot-to-payload weight ratio of less than 2:1, force-control precision within one newton and a minimum required aisle width of 75 centimeters, making it suitable for high-density shelving environments. It is able to grasp both flexible packaging and rigid goods.
The solution connects robot hardware, world-model capabilities, motion control, product information, warehouse locations and order management. It supports lightweight deployment within days across flash-fulfillment warehouses, small-format stores and integrated warehouse-store setups. It has been deployed with customers including Sense MartGo, Kuaikeda and PetroChina convenience stores, using real order and shelf data to improve fulfillment performance. ACE ROBOTICS plans to deploy the solution across 1,000 retail locations over the next year and expand to approximately 10,000 stores within two years.
Xiaoxin addresses hotel-laundry operations, where ACE ROBOTICS estimates that approximately 80% of demand occurs at night.
The solution enables robots to handle collection, loading, unloading, washing, sorting and folding, with ironing capabilities planned for future versions. It is designed to reduce night-shift staffing pressure and improve operational consistency across non-standard hotel laundry environments.
Xiaotu is designed for autonomous operation in complex outdoor environments. Using a “one brain, many bodies” architecture, it applies a general-purpose intelligent brain (Agentic AI) across multiple quadruped robot platforms.
The system supports indoor and outdoor navigation, dynamic obstacle avoidance, autonomous charging, remote dispatch and multi-robot coordination. It has been deployed in visitor-guidance and interactive experience services at cultural-tourism events, including the Begonia Flower Festival in Tianjin.
Building an open embodied AI ecosystem
ACE ROBOTICS also announced a series of partnerships spanning infrastructure, computing and commercial deployment.
The company entered into a strategic collaboration with the Caohejing Development Zone to develop an embodied AI innovation platform.
In retail and fulfillment, ACE ROBOTICS announced collaborations with PetroChina, Kuaikeda and SenseTime Shanhui covering autonomous warehouse stores, front warehouses and unmanned retail environments.
To support the computing requirements of world-model development, ACE ROBOTICS launched the World Model Cloud Ecosystem initiative with Baidu AI Cloud, Alibaba Cloud, Huawei Cloud, Tencent Cloud and SenseCore AI Cloud.
By connecting high-density data, unified world models, robot platforms, commercial applications and shared evaluation standards, ACE ROBOTICS aims to support the transition of embodied AI from individual technical demonstrations to sustained operations in real-world environments.
The issuer is solely responsible for the content of this announcement.
About ACE ROBOTICS – Equipping robots with intelligent “brains” and engaging “souls”
ACE ROBOTICS is a pioneering robotics company dedicated to advancing the field of embodied intelligence. Through breakthrough technological innovations and deep insights into embodied intelligence scenarios, we aim to empower robots with the ability to autonomously understand and explore the physical world, thereby accelerating their commercial implementation.
The company pioneered the ACE R&D paradigm and built a vision-based “environmental data engine, real-world cognition, embodied interaction generalization” technology chain. Using full spatiotemporal and multi-perspective environmental capture as its engine, along with Kairos 3.0 – China’s first open-source and commercially applicable world model – plus the Embodied Foundation Model as its technical backbone, ACE ROBOTICS addresses core industry challenges such as data scarcity, common sense gaps, poor generalization, and limited versatility. Simultaneously, the company unveiled its flagship A1 Embodied Super Brain Module, accelerating the large-scale commercial deployment of embodied intelligence across diverse scenarios.
ACE ROBOTICS is both a technology pioneer and an ecosystem builder. Through strategic cooperation with top hardware manufacturers, cloud service providers, and vertical scenario partners, we have broken through the “model-hardware-scenario” industrial deadlock, providing standardized and customized solutions that are driving the development of China’s embodied intelligence industry.
Sultan Ahmed Bin Sulayem has taken direct charge of MMC Port Holdings following the immediate departure of group chief executive Azman Shah Mohd Yusof, placing Malaysia’s largest port operator under the control of its Emirati executive chairman. An internal company memorandum dated July 12 instructed employees to direct matters previously handled by the group chief executive to Bin Sulayem’s office. It did not explain Azman Shah’s departure […]
HKSTP Advances AI Industry with Tech Delegation at WAIC 2026
HONG KONG SAR – Media OutReach Newswire – 16 July 2026 – To celebrate the 105th anniversary of the founding of the Communist Party of China, Hong Kong Science and Technology Parks Corporation (HKSTP) today held the “Achievements of National Aerospace Endeavours” Thematic Exhibition Kick-off Ceremony cum Aerospace Experts Sharing Forum at Hong Kong Science Park, marking the opening of a seven-day roving exhibition.
Professor Sun Dong, Secretary for Innovation, Technology and Industry (middle); Mr Clement Woo, Under Secretary for Constitutional and Mainland Affairs (1st from right); Ms Cordelia Chung, Chairman of HKSTP (2nd from left); Ms Connie Wong Wai-ching, Standing Committee Member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), Vice President of the Friends of Hong Kong Association (2nd from right), and Mr Terry Wong, Chief Executive Officer of HKSTP (1st from left), together with other distinguished guests, officiate at the kick-off ceremony for the “Achievements of National Aerospace Endeavours” Thematic Exhibition.
At the first stop of the roving exhibition, Hong Kong Science Park will host the exhibition at the Atrium Link from today until 22 July 2026, showcasing the nation’s major achievements in aerospace development, as well as the participation and contributions of Hong Kong’s research community in aerospace technology, space robotics and deep space exploration. It aims to enhance public understanding of the nation’s development and foster a stronger sense of pride, while inspiring young people to develop an interest in innovation and technology (I&T) and aerospace.
The ceremony was officiated by Professor Sun Dong, Secretary for Innovation, Technology and Industry, together with Ms Cordelia Chung, Chairman of HKSTP, and Ms Connie Wong Wai-ching, Standing Committee Member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), and Vice President of the Friends of Hong Kong Association, alongside other distinguished guests, witnessing a new milestone in the nation’s aerospace achievements.
Professor Sun Dong, Secretary for Innovation, Technology and Industry, said in his remarks: “The inspiring story of Dr Lai Ka-ying becoming Hong Kong’s first astronaut is a vivid example of Hong Kong’s participation in the nation’s major scientific and technological missions, and a fruitful achievement of the great practice of ‘one country, two systems.’ Hong Kong’s R&D teams have long participated in and made active contributions to the nation’s deep-space exploration missions. For example, a team from the Hong Kong University of Science and Technology independently developed the Multi-Spectral Imaging Carbon Observatory (MUSICO), Hong Kong’s first scientific payload on the national space station to monitor greenhouse gas. Recently, Dr Lai and two other astronauts completed the in-cabin assembly and testing and extravehicular installation of MUSICO, which can accurately monitor greenhouse gases across the mid- and low-latitude regions on the Earth, providing critical data for the nation’s carbon peaking and carbon neutrality strategies. As we embark on a new journey, we must leverage I&T to empower Hong Kong’s social development, enhance governance efficiency, and better integrate into and serve the nation’s development. We will also uphold the spirit of space exploration of perseverance in the face of challenges to accelerate the development of Hong Kong into an international I&T centre.”
Connecting Hong Kong’s Research Strength with National Aerospace Development
In recent years, the nation’s aerospace endeavours have continued to make breakthroughs in areas ranging from deep-space exploration and satellite technology to space science research, opening up new possibilities across multiple scientific disciplines.
Leveraging its world-class universities, outstanding research talent, internationalised innovation ecosystem, and the unique advantage of close ties with the Mainland, Hong Kong is actively contributing to the development of the nation’s aerospace technology.
The exhibition presents the development and landmark achievements of the nation’s aerospace endeavours. It also demonstrates how Hong Kong research teams apply artificial intelligence (AI), robotics, space science and engineering research to support space exploration and related technology applications. Through this exhibition, industry stakeholders and members of the public can gain a deeper understanding of the city’s research capabilities and I&T talent.
Ms Cordelia Chung, Chairman of HKSTP, said, “This year marks the beginning of the nation’s 15th Five-Year Plan, with aerospace technology identified as a key area in building the nation into a leading science and technology power. Dr Lai Ka-ying, Hong Kong’s first payload specialist, travelled into space aboard the Shenzhou-23 spacecraft, realising Hong Kong’s aerospace dream and demonstrating strong recognition of the city’s research capabilities and I&T talent. HKSTP is honoured to serve as the first stop of the ‘Achievements of National Aerospace Endeavours’ roving exhibition. Looking ahead, we will continue to bring together talent and foster interdisciplinary, cross-regional and cross-sector collaboration. By supporting frontier R&D in areas such as aerospace technology, we aim to provide a broader platform for Hong Kong’s research talent and contribute Hong Kong’s strengths to the nation’s aerospace endeavours and pursuit of greater technological self-reliance.”
Ms Connie Wong, Standing Committee Member of the National Committee for the Chinese People‘s Political Consultative Conference (CPPCC), and Vice-President of Friends of Hong Kong Association, shared in her speech: “We believe that the cultivation of young talent is indispensable to technological innovation. Based on this philosophy, Friends of Hong Kong Association co-organised the Achievements of National Aerospace Endeavours Thematic Exhibition, encouraging the next generation to pursue careers in science and innovation and to be contributors to the nation’s I&T endeavours.”
Three Experts Share Insights on Frontier Trends in Space Technology
An Aerospace Experts Sharing Forum was held alongside the kick-off ceremony. Moderated by The Honourable Mr Duncan Chiu, Legislative Council Member for the Technology & Innovation Functional Constituency, the forum brought together three aerospace and space technology experts from local universities and the InnoHK research and development platform:
Professor SU Hui: Chair Professor of the Department of Civil and Environmental Engineering, Global STEM Professor, and Co-Director of the Institute for Space Science and Technology at The Hong Kong University of Science and Technology, and Founder of Stellerus Technology
Professor GAO Yang: Director of the Center for Artificial Intelligence and Robotics for Space Sustainability, Co-Director of the Institute for Space Science and Technology at The Hong Kong University of Science and Technology, and Director of the Hong Kong Space Robotics and Energy Centre under InnoHK
Professor WU Bo: Chang Xin Yu Professor of Space Science, Associate Director of the Research Centre for Deep Space Explorations at The Hong Kong Polytechnic University, and Associate Director of the InnoHK Hong Kong Centre for Space Robotics and Energy
Drawing on their respective areas of expertise, the three experts shared insights into the application of AI and robotics in space missions, key technologies involved in deep-space exploration, and the experience of Hong Kong research teams participating in national aerospace projects. They also explored space sustainability, the commercialisation of research outcomes and cross-regional collaboration, while encouraging young talent to pursue opportunities in aerospace technology.
HKSTP Leads Hong Kong Tech Firms to the World’s Largest AI Exhibition – WAIC 2026, Strengthening the AI Commercialisation Ecosystem
HKSTP has long supported the accelerated adoption of AI across industries to foster cross-sector collaboration and enhance productivity.
HKSTP, together with the Hong Kong Trade Development Council (HKTDC), Cyberport, and Hong Kong-Shenzhen Innovation and Technology Park Limited (HSITP), will lead a delegation of 18 Hong Kong tech companies to the 2026 World Artificial Intelligence Conference & High-Level Meeting on Global AI Governance (WAIC 2026). Taking place from 17 to 20 July at the Shanghai World Expo Exhibition and Convention Center, the delegation will showcase Hong Kong’s growing role as a global AI innovation hub and support the nation’s AI strategy. Six HKSTP park companies among the delegation will present solutions spanning humanoid robots, smart mobility, climate technology, AI agents, and generative AI.
Stellerus Technology Limited, founded by Professor SU Hui, leading the “MUSICO” (Multi-Spectral Imaging Carbon Observatory) project — Hong Kong’s first payload project deployed on the Tiangong Space Station — will present its latest AI-powered climate and meteorological solutions at WAIC 2026.
SUTPC Digital Technology (Hong Kong) Limited, a leading enterprise in the nation’s smart city and intelligent transport sectors, and NineRay Technology Limited, which specialises in the research, development and production of high-performance, productivity-oriented humanoid robotics, will also showcase their advanced solutions in the exhibition. By demonstrating how AI can empower business operations, urban governance and sustainable development, the Hong Kong delegation aims to promote human-AI collaboration and innovation.
“Achievements of National Aerospace Endeavours” Thematic Exhibition Date: 16–22 July 2026 Venue: Atrium Link, Hong Kong Science Park
2026 World Artificial Intelligence Conference & High-Level Meeting on Global AI Governance (WAIC) Date: 17–20 July 2026 Venue: Shanghai World Expo Exhibition and Convention Center, Shanghai, China Hong Kong Pavilion: Booth E101, Hall 2
Appendix: WAIC 2026 – List of 6 HKSTP tech entities (in alphabetical order)
JiHu GitLab Technology Limited
KNQ Technology Limited
NineRay Technology Limited
Robocore Technology Limited
Stellerus Technology Limited
SUTPC Digital Technology (Hong Kong) Limited
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), established in 2001, has built a thriving innovation and technology (I&T) ecosystem in Hong Kong, supporting 13 unicorns, nurturing over 17,000 research talents, and hosting more than 2,400 technology companies from 26 countries and regions specializing in biomedicine, AI and robotics, fintech, and smart city development. HKSTP is dedicated to positioning Hong Kong as an international I&T hub.
To align with Hong Kong’s future development, HKSTP is committed to attracting and cultivating I&T talent, accelerating the commercialization of innovative outcomes, and providing comprehensive support for technology companies and professionals on their innovation journey. Its vibrant I&T ecosystem continues to grow, encompassing Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three InnoParks in Tai Po, Yuen Long, and Tseung Kwan O. These facilities drive advancements in applied technology, focusing on industries such as advanced manufacturing, micro- electronics, and biotechnology, steering Hong Kong toward new industrialization.
Hong Kong Science Park Shenzhen Branch, located in Futian, Shenzhen, leverages the strategic advantage of “support of the Motherland, connecting to the world.” It serves as a bridge for “bringing in and going global,” actively fostering cross-border I&T collaboration. The Shenzhen Branch supports global technology companies and professionals by providing research and collaboration spaces, with a focus on enterprises in seven key sectors: Medtech, big data and AI, robotics, new materials, microelectronics, fintech, and sustainable development.
HKSTP is dedicated to advancing Hong Kong’s I&T development by providing research infrastructure, startup and enterprise support services, professional investment and business expertise, fostering partnership networks, and attracting top talent. These efforts drive innovation as a new engine for economic growth for Hong Kong.
More information about HKSTP is available at www.hkstp.org.
Guardian Fire Services has acquired Nebraska-based Midwest Protection Services, extending the Investcorp-backed fire and life safety platform into the Omaha market as consolidation accelerates across the US safety-services industry. Financial terms were not disclosed. The transaction is Guardian’s second acquisition since Investcorp bought the Nashville-headquartered company from Northern Lakes Capital in December 2025, highlighting an early push to expand the platform through regional purchases. Midwest Protection Services […]
HONG KONG SAR – Media OutReach Newswire – 16 July 2026 – Presented by the Government of the Hong Kong Special Administrative Region, spearheaded and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Culture, Sports and Tourism Bureau, the launch ceremony of the third edition of Hong Kong Fashion Fest was held on July 9 at the Hong Kong Museum of Art. The Secretary for Culture, Sports and Tourism, Miss Rosanna Law, and representatives of the organisers of the programmes officiated at the ceremony.
Presented by the Government of the Hong Kong Special Administrative Region, spearheaded and sponsored by the Cultural and Creative Industries Development Agency of the Culture, Sports and Tourism Bureau, the launch ceremony of the third edition of Hong Kong Fashion Fest was held on July 9 at the Hong Kong Museum of Art. Photo shows the Secretary for Culture, Sports and Tourism, Miss Rosanna Law (centre) and representatives of organisers of the programmes officiating at the launch ceremony.
Speaking at the ceremony, Miss Law announced that this year’s Hong Kong Fashion Fest will make its much-anticipated return from September 1 to 14 under the theme “Rhythm of the Heart”. The event will bring together eight flagship programmes curated by six industry bodies and, for the first time, will be combined with CENTRESTAGE — the annual fashion extravaganza organised by the Hong Kong Trade Development Council (HKTDC) — to generate stronger synergies. She added that the Government will continue to work together with the industry to help Hong Kong’s fashion industry shine on the international stage.
This edition of Hong Kong Fashion Fest continues to be spearheaded by CCIDA, in collaboration with the HKTDC, the Hong Kong Design Centre, the Clothing Industry Training Authority, the Hong Kong Fashion Designers Association, the Hong Kong Fashion Council, and the Hong Kong Design Institute. The rich variety of events spans haute couture, cross-regional menswear, denim culture, sustainable design and more. During the two-week Fashion Fest, Hong Kong will be transformed into a dazzling stage for embracing Eastern and Western fashion cultures and fostering creative exchanges, not only showcasing the creative power of emerging local and international fashion designers, but also sharing the vibrant energy of Hong Kong’s fashion with the public and fashion enthusiasts worldwide.
Since its inauguration in 2024, the Hong Kong Fashion Fest has developed into an annual fashion mega event over the past two years through introduction of new elements and strengthening of international crossover collaborations, bringing top-tier global fashion talents and industry elites to Hong Kong and help local fashion designers develop local and outside markets. For more detailed information and the latest updates on Hong Kong Fashion Fest, please visit the official website (www.hongkongfashionfest.com), or follow the official social media channels on Instagram (www.instagram.com/hkfashionfest), Facebook (www.facebook.com/hongkongfashionfest) and YouTube (www.youtube.com/@hkfashionfest).
The issuer is solely responsible for the content of this announcement.
About Cultural and Creative Industries Development Agency (CCIDA)
The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.
Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.
Masdar has reached financial close on a $6.1 billion renewable energy project in Abu Dhabi, securing $5.1 billion in debt financing for a solar and battery complex designed to supply clean electricity around the clock. The Abu Dhabi-based clean energy company will provide $1 billion in equity for the development, which is being undertaken with Emirates Water and Electricity Company. A consortium of 13 local and international […]
Dubai’s diamond trade climbed to an all-time high of $41.7 billion in 2025, strengthening the emirate’s position as a central marketplace linking producers, manufacturers, traders and jewellery consumers. The value of diamonds traded through Dubai increased 16.2% from $35.8 billion in 2024, adding about $5.8 billion within a year. It surpassed the previous record of $40.9 billion established in 2011. Physical trade also reached a peak of […]
Largest Ecosystem Lineup at LEAP East 2026 Achieves Over 1,500 Business Matching Sessions
MEINONG ROBOT, a company within HKSTP ecosystem, stood out among more than 500 competing startups to win the 2nd Runner-Up in the Rocket Fuel East Startup Competition, securing a US$10,000 equity-free award; another park company, GenEditBio, also advanced to the Top 6 finalists.
HKSTP joined hands with more than 30 park companies to take the global stage of LEAP East as the event’s exclusive Tech Ecosystem Partner, facilitating over 1,500 business discussions and meetings.
Under the theme “Gateway to the NEXT”, the HKSTP Pavilion featured innovations from 23 park companies, attracting more than 3,000 visits.
HONG KONG SAR – Media OutReach Newswire – 14 July 2026 – MEINONG ROBOT, a company from the Hong Kong Science and Technology Parks Corporation (HKSTP) ecosystem, won the 2nd Runner-Up in the Rocket Fuel East Startup Competition at LEAP East 2026, secured a US$10,000 equity-free award and gained exposure to global investors to accelerate its business expansion. Another park company, GenEditBio, also outperformed more than 500 competing startups and made it to the Top 6 Finalists.
HKSTP presented a strong innovation line up at LEAP East 2026, with over 30 park companies showcasing innovations across Life and Health Tech, GreenTech & Sustainability, Smart Cities & Urban Tech, and AI, Data & Robotics. (Pictured: Cordelia Chung, Chairman of HKSTP (front row, 8th from left); Terry Wong, CEO of HKSTP (front row, 7th from left); Eric Or, Chief Ecosystem Development Officer (5th from left); Hilda Chan, Chief Marketing Officer of HKSTP (front row, 6th from left); Filla Mak, Chief Property and Asset Officer (front row, 9th from left).)
Making its debut in the Asia-Pacific region, LEAP East chose Hong Kong as its host city, bringing together technology leaders, investors, policymakers and tech ventures. As the event’s exclusive Tech Ecosystem Partner, HKSTP participated alongside more than 30 park companies, facilitating over 1,500 business discussions and meetings from 8 to 10 July.
Under the theme “Gateway to the NEXT”, the HKSTP Pavilion featured innovations from 23 park companies across four key sectors: Life and Health Tech, GreenTech & Sustainability, Smart Cities & Urban Tech, and AI, Data & Robotics, attracting more than 3,000 visits.
Terry Wong, CEO of HKSTP, said: “LEAP East’s decision to land its first overseas edition in Hong Kong delivers three important messages to the I&T community. First, Hong Kong has become tech companies’ gateway into the global markets, which reflects the development and achievements of Hong Kong’s I&T ecosystem over the years and demonstrates the city’s unique ability to connect Middle Eastern capital, Asia-Pacific markets and supply chains in the Chinese Mainland, positioning Hong Kong as a true I&T hub. Second, the Middle East and other emerging markets represent the next strategic destination for tech companies. Driven by numerous application scenarios in smart cities, green energy and AI infrastructure, together with the ambitious transformation agenda under Saudi Vision 2030, these markets offer unprecedented growth opportunities for Hong Kong tech companies. Third, Hong Kong’s I&T community is demonstrating a growing global impact. From HKSTP executives and park companies contributing to international forums and thought leadership discussions, to HKSTP serving as the exclusive Tech Ecosystem Partner, and two park companies reaching the Top 6 of the Rocket Fuel East Startup Competition, with one securing the 2nd Runner-Up, all of these achievements underscore Hong Kong’s increasingly prominent position on the global I&T stage.”
In addition, Terry Wong, CEO, Eric Or, Chief Ecosystem Development Officer, Filla Mak, Chief Property and Asset Officer, and Dr Charleston Sin, Head of AI & Data, took part in keynote sessions and panel discussions throughout the event. They shared strategic insights on HKSTP’s I&T ecosystem, biotech, smart cities, and AI, fostering international dialogue, inspiring new breakthroughs and collaborations, and further strengthening HKSTP’s influence within the global I&T ecosystem.
To strengthen connections between park companies and the international innovation community, HKSTP co-organised “Build East: Agentic AI Demo Day and Tour” with Minds by Animoca Brands one day before LEAP East 2026, inviting global investors and startups to gain first-hand insights into Hong Kong’s largest I&T ecosystem and explore cross-border collaboration and investment opportunities.
Hashtag: #HKSTP
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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 16,000 research professionals and over 2,400 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.
Musician and retro-technology enthusiast Chris Graue has released free 3D-printable files that allow a modified Game Boy Camera to connect to a standard telescope, opening his Jupiter photography experiment to hobbyists and hardware tinkerers. The design became public after Graue used Nintendo’s low-resolution camera accessory with Mount Wilson Observatory’s historic 60-inch telescope in California. The unconventional arrangement produced a pixelated image of Jupiter, including part of the […]
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HONG KONG SAR – Media OutReach Newswire – 13 July 2026 – The Chinese University of Hong Kong (CUHK) has climbed 14 places in the latest Quacquarelli Symonds (QS) World University Rankings 2027 to rank 18th globally, entering the global top 20 for the first time. This milestone reflects significant improvements across key indicators, including employer reputation, international research network, and international student ratio, while retaining a full score in international faculty ratio.
CUHK climbs 14 places to enter the global top 20 for the first time.
CUHK’s Academic Excellence and Global Research Impact
CUHK’s academic rigour is further recognised in the 2026–27 Best Global Universities Rankings by U.S. News & World Report, where it ranks 28th globally and 5th in Asia, remaining Hong Kong’s top university for the fourth consecutive year. The University features 15 subjects in the global top 50, including five in the top 10, such as Education and Educational Research (#1), Gastroenterology and Hepatology (#2), Computer Science (#7), and Arts and Humanities and Artificial Intelligence (both ranked #9).
CUHK: Where Bold Ideas Become Impactful Research
CUHK provides an exceptional environment for impactful research, supported by approximately 300 research institutes and centres, alongside four state key laboratories approved by the Ministry of Science and Technology of China. Reflecting on the academic environment, Zhamilya Zhirenova, a PhD student in Biomedical Science from Kazakhstan, has deepened her expertise through her involvement with the Centre for Neuromusculoskeletal Restorative Medicine (CNRM), an InnoHK research centre CUHK established with Sweden’s Karolinska Institutet.
Unlike traditional research pathways, where students are often confined to a single university laboratory, Zhamilya gained extensive experience at Hong Kong Science Park, a dynamic setting that closely resembles industry. “It feels more like an industrial company,” she reflected, “and that experience has been invaluable.” For researchers with ambitions beyond academia, such early exposure to the pace and expectations of the biotech industry provides a distinct advantage.
Nurturing the Next Generation of Scientific Innovators
Many of CUHK’s scholars are globally renowned experts who have made significant breakthroughs in their respective fields. These experts provide valuable mentorship, cultivating an intellectually stimulating environment for innovative research.
At the Centre for Novostics, an InnoHK research centre dedicated to advancing molecular diagnostics, Yasine Malki, a Chemical Pathology PhD student from Hong Kong, highlighted mentorship as a defining aspect of his experience at CUHK. Benefiting from the mentorship of Professor Dennis Lo, CUHK’s Vice-Chancellor and President, and a pioneer in molecular diagnostics, Yasine collaborates with specialists in molecular technologies, bioinformatics, and clinician-scientists, exemplifying CUHK’s dynamic, multidisciplinary approach to medical science.
Through the latest global rankings, CUHK continues to demonstrate the impact of its research and scholarship. The University offers robust financial support to attract top-tier global talent, such as the Hong Kong PhD Fellowship Scheme (HKPFS) for the 2027–28 intake, which provides over HK$1.81 million (approximately US$232,420) in funding. Applications open on 1 September 2026.
Hashtag: #CUHK
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About CUHK
Founded in 1963, The Chinese University of Hong Kong (CUHK) is a leading comprehensive research university with a global reputation and world-leading rankings. Located in the heart of Asia, CUHK has a vision and a mission to combine tradition with modernity, and to bring together China and the West. The University has eight faculties: Arts, Business Administration, Education, Engineering, Law, Medicine, Science, and Social Science. Together with the Graduate School, the University offers over 300 undergraduate and postgraduate programmes. All faculties are actively engaged in research in a wide range of disciplines, with an array of research institutes and research centres specialising in interdisciplinary research of the highest quality.
OpenAI and Google have supplied advanced artificial intelligence services to overseas subsidiaries of major Chinese technology companies identified by the Pentagon as having links to China’s military, exposing a gap in Washington’s technology controls. The services were provided through entities in Singapore connected to Alibaba, Baidu and Tencent. Transactions involving the subsidiaries were permitted under existing US rules, even though their parent groups appear on a Department […]
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By Nitya Chakraborty China is hosting the World Artificial Intelligence Conference (WAIC) in Shanghai on July 17 to 20 the deliberations of which are expected to decide the course of AI development globally as also the scope of AI governance as also collaboration for assisting AI growth in the developing countries. The four day session […]
Space42 and Skylo Technologies have successfully tested two-way satellite text messaging and emergency alerts on standard Android devices in the UAE, moving direct-to-device connectivity through the Thuraya-4 satellite closer to commercial launch. The test linked an ordinary Android smartphone with a satellite messaging device, allowing SMS and SOS communications to travel in both directions through Space42’s next-generation mobile communications satellite. The companies said the connection required no […]
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