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

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

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

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

Overview of Cybersecurity Incidents in 2025:

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

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

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

Top 5 Cybersecurity Risks in 2026

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

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

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

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

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

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

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

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

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

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

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

Hashtag: #HKCERT

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

About Hong Kong Computer Emergency Response Team Coordination Centre

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

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

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

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

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

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

For more information, please visit HKPC’s website:

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

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

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

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

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

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

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

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

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HONG KONG SAR – Media OutReach Newswire – 28 January 2026 – As the global economic landscape grows increasingly complex, precious metals and foreign exchange markets have become pivotal hubs for investors seeking safe-haven asset allocation. At the 3rd Annual “Golden Honor Awards” recently held in Macau, Ming Tak Financial (MTF) emerged from hundreds of global financial institutions to officially win the prestigious “Most Growth-Potential Broker 2025” award, credited to its outstanding technological innovation, transparent trading environment, and rapid expansion in market share.

Leading with Excellence, Honored with Distinction | Ming Tak Financial (MTF) Clinches "Most Growth-Potential Broker 2025" at the 2026 Golden Honor Awards

This honor serves as a testament to MTF‘s exceptional growth trajectory and a high-level affirmation of its professional standing as a cornerstone institution in Hong Kong‘s financial sector—a Type AA Member of the Hong Kong Gold Exchange (HKGX), Member No. 194.

I. Authoritative Endorsement: The Security of a Century-Old Exchange

In selecting a trading platform, security remains the paramount concern for investors. Based in Hong Kong, MTF is strictly regulated by the Hong Kong Gold Exchange (HKGX) and holds the highest-tier Type AA Member License (No. 194).

  • Compliant Operations: Every trading process adheres strictly to HKGX regulations, eliminating any improper practices and ensuring that every transaction is fair and transparent.
  • Asset Safety: Client funds are managed under a rigorous independent custody system, safeguarding the integrity and security of every deposit—providing the most solid foundation for safe-haven investments.

II. Core Advantages: Defining Standards for Transparency and Efficiency

MTF is committed to building a leading trading ecosystem in Hong Kong, leveraging technology to solve key investor pain points:

  • Challenging the Lowest Costs Globally: MTF focuses on optimizing investor costs by offering Fixed Gold Spreads as low as $0.15—a saving of over 60% compared to industry averages. Coupled with a Lifetime Zero-Commission and no-fee policy, MTF truly returns value to its clients.
  • Ultra-Fast Fund Settlement: Through upgraded payment gateways, MTF achieves deposits arriving in as fast as 5 minutes, a top-tier industry standard that allows global investors to seize opportunities in volatile markets instantly.
  • Professional Technical Support: Fully supporting the mainstream MT5 platform and EA (Expert Advisors) automated trading, MTF provides millisecond execution speeds and a low entry barrier of $10, democratizing professional investment tools.

III. Brand Strength: MTF Channel Leading Investor Education in Asia-Pacific

A core pillar of MTF‘s competitive edge is its deep-rooted foundation in market education. The official MTF Channel has amassed over 110,000 subscribers, serving as a central hub for Asia-Pacific precious metals investors seeking real-time market analysis and financial insights. Through high-frequency professional commentary and community engagement, MTF has built a seamless online-offline service ecosystem, providing robust decision support for over 100,000 active traders worldwide.

IV. Future Outlook: Driven by Honor, Raising Industry Standards

“Winning this award is not the finish line, but the beginning of a greater responsibility,” stated an MTF representative at the ceremony. Over the coming year, the company will allocate more resources toward upgrading Physical Gold Services and its Online Investor Education Platform to make trading more intuitive and accessible. Ming Tak Financial will continue to uphold its core principle of “Professionalism First, Intelligence for the Future,” with the core mission of “Challenging the Lowest Spreads Globally” to lead the precious metals industry toward higher standards.
Hashtag: #MingTakFinancial #MTF


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

About Ming Tak Financial (MTF)

Headquartered in Hong Kong, Ming Tak Financial (MTF) is a premier precious metals broker in the Asia-Pacific region. As a Type AA Member of the Hong Kong Gold Exchange (Member No. 194), MTF adheres to the principles of compliance and transparency under strict regulatory oversight. Leveraging its core competitiveness in offering the lowest spreads globally—such as fixed gold spreads at $0.15, zero commissions, and 5-minute lightning deposits—MTF has become a trusted safe-haven asset platform for investors worldwide.

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HONG KONG SAR – Media OutReach Newswire – 27 January 2026 – YesAsia Holdings Limited (“YesAsia Holdings”, and together with its subsidiaries, the “Group”) (02209.HK), a leading e-commerce platform operator recognized for its expertise in curating Asian beauty and lifestyle products, has issued a positive profit alert for the year ended 31 December 2025 (the “Reporting Year”).

As disclosed, the Group expects to record unaudited consolidated revenue of approximately US$500.0 million for the Reporting Year, an increase of 44.1% (or approximately US$152.9 million) compared to revenue of US$347.1 million[1] for the year ended 31 December 2024 (the “Prior Year”). The growth was mainly driven by the continuous market diversification efforts for the B2C platform, YesStyle, and an increase in the number of new customers of the B2B platform, AsianBeautyWholesale (ABW), for both online and offline channels.

The Group made several strategic investments to match its commercial growth and strengthen its foundation for future success, including increasing its efforts in marketing, as well as commencing operations at two new logistics facilities, the Mapletree Warehouse in Hong Kong and a warehouse in South Korea, among others. Consequently, the Group expects to report an unaudited consolidated net profit of not less than US$22.0 million for the Reporting Year, representing an increase of approximately 15.8% (or approximately US$3.0 million) over the Prior Year’s net profit.

Further details of the Annual Results will be disclosed in accordance with the requirements of the Listing Rules by the end of March 2026, which shall prevail over the information contained herein. For more information, please refer to the full announcement: https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0127/2026012701175.pdf


[1] Restated to conform to the Reporting Year’s presentation.

Hashtag: #YesAsiaHoldings

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

About YesAsia Holdings Limited (02209.HK)

Established in 1997, YesAsia Holdings is a leading e-commerce platform operator recognized for its expertise in identifying and procuring quality Asian beauty, fashion, lifestyle and entertainment products. Headquartered in Hong Kong, the Group deliver products promptly and efficiently to a global audience through its strong ties with over 400 leading Asian beauty brand and supplier partners. The Group operates three major e-commerce platforms: YesStyle, an e-commerce B2C platform for serving the increasingly popular Asian beauty, fashion and lifestyle products, particularly Korean beauty products; AsianBeautyWholesale, a B2B platform for Asian beauty products; and YesAsia, an e-commerce retail platform for entertainment products. YesAsia Holdings is a constituent of the MSCI Hong Kong Micro Cap Index.

For more information, please visit the Group’s official website:

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HANOI, VIETNAM & TEL AVIV, ISRAEL – Media OutReach Newswire – 27 January 2026 – VinFast and Autobrains, a leading AI innovator in the automotive industry, today announced a strategic partnership on developing autonomous driving technology L2++ and a new autonomous vehicle architecture capable of transforming virtually any car into a self-driving “robo-car.” The collaboration underscores its growing technological strength and reinforces the commitment to advancing autonomous solutions that deliver cutting-edge yet accessible vehicle technology for people everywhere.

The strategic collaboration focuses on the research and development of enhanced L2++ autonomous driving technologies for future VinFast electric vehicles.
The strategic collaboration focuses on the research and development of enhanced L2++ autonomous driving technologies for future VinFast electric vehicles.

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

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

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

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

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

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

Hashtag: #VinFast

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

About VinFast

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

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

Learn more at:

About Autobrains

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

Learn more at:

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

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

The 10th anniversary finale of Hong Kong Techathon+, co-organised by HKSTP and 15 local tertiary institutions, took place at Hong Kong Science Park, bringing together representatives from local and overseas institutions, industry partners, and innovation teams to mark this milestone.
The 10th anniversary finale of Hong Kong Techathon+, co-organised by HKSTP and 15 local tertiary institutions, took place at Hong Kong Science Park, bringing together representatives from local and overseas institutions, industry partners, and innovation teams to mark this milestone.

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

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

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

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

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

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

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

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

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

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

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

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

Inaugural GUIN Forum: Deepening Global University Innovation Collaboration

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

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

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

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

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

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

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

Local Track (Student Group)

Technology Theme Award Winning Team Project Brief
Trusted AI & Data Science Gold SpeakRight An AI‑powered voice‑changing solution designed to demonstrate and enhance speech training applications.
Sustainability & ESG Gold Hydroforge Tech Development of cost‑efficient AEM electrolysis systems using a binder‑free, self‑growing electrode technology to enable scalable green hydrogen production.
Life Science & Healthcare Gold Nanos A tech‑driven Contract Development & Manufacturing Organisation (CDMO) platform that rescues undeliverable drug candidates through proprietary drug‑carrier optimisation, targeting breakthrough therapies including Alzheimer’s.
Digital Economy & Smart City Gold Smart Mall Wayfinding with AI Paedestrian Dead Reckoning Technology An AI-powered Pedestrian Dead Reckoning (PDR) solution – an infrastructure‑light indoor navigation that delivers accurate mall wayfinding using AI‑powered pedestrian dead‑reckoning with minimal deployment cost.
Tech FYP Group Gold OmniWatch AI – A Scalable, Multi-Model AI Proctoring Engine and Invigilator Dashboard A privacy‑preserving, multi‑modal AI platform for onsite digital exam proctoring that detects suspicious behaviours in real time and enables scalable, non‑intrusive invigilation.

Local Track (Open Group)

Technology Theme Award Winning Team Project Brief
Trusted AI & Data Science Gold Cresento* A Hong Kong–based sports technology startup developing AI‑powered smart shin guard solution, delivering actionable performance insights for safer, smarter football training.
Sustainability & ESG Gold Off-Grid AEM Hydrogen Production Driven by Fluctuating Renewable Energy A modular off‑grid AEM electrolysis system designed for stable hydrogen production from fluctuating renewable energy sources.
Life Science & Healthcare Gold Illuminatio Medical Technology A medical imaging startup developing non‑invasive diagnostics to improve the assessment of chronic liver disease (CLD).
Digital Economy & Smart City Gold MicroLink A micro‑LED‑based optical interconnect technology enabling faster, more energy‑efficient data transfer for next‑generation AI data centres.

Global Track

Technology Theme Award Winning Team Project Brief
Life Science & Healthcare Gold Cancer Immunotherapy A next‑generation cancer immunotherapy programme developing novel PD‑1 combination treatments to improve outcomes for solid tumours.
Non-Life Science & Healthcare Gold ROTOBOOST ROTOBOOST develops Thermo‑Catalytic Decomposition (TCD) technology to produce low‑cost, low‑carbon hydrogen from diverse hydrocarbon feedstocks, enabling efficient pre‑combustion carbon removal at industrial scale.

*Winner of Best Presentation Award voted by the audience.

Hashtag: #HKSTP

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

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