News related to
research

Advancing Research Commercialization and Building a Vibrant I&T Ecosystem

HONG KONG SAR – Media OutReach Newswire – 2 June 2026 – The Hong Kong University of Science and Technology (HKUST) today successfully hosted its annual “Unicorn Day,” one of Hong Kong’s flagship innovation and entrepreneurship events. The event brought together over 1,800 participants, including students, faculty, and alumni, as well as international and local government representatives, industry partners, investors, innovation and technology entrepreneurs, and researchers. Participants exchanged insights on strategies to strengthen collaboration across the innovation ecosystem, foster cross-disciplinary partnerships, and accelerate the translation of research outcomes into real-world impact.

The event was officiated by Prof. SUN Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, alongside consuls-generals and senior officials from countries including Australia, Chile, France, Hungary, India, Japan, Malaysia, the Netherlands, Vietnam, and the United Arab Emirates. They were joined by Prof. Nancy IP, HKUST President; Prof. Lionel NI, HKUST (Guangzhou) President; and Prof. Tim CHENG, HKUST Vice-President for Research and Development; in touring over 100 HKUST-nurtured startups, showcasing innovations and applications spanning areas such as healthcare, electronics, and artificial intelligence systems, as well as new materials, green energy, and sustainability.

Prof. Sun Dong remarked, “Innovation and technology (I&T) has always been at the top of the Hong Kong SAR Government’s agenda. We fully recognise the crucial role of local universities — not only as key partners, but as the bedrock of Hong Kong’s I&T ecosystem. In just three and a half decades, HKUST has risen to become a global powerhouse in deep tech, entrepreneurship, and innovation as demonstrated by its ability to nurture unicorns and deep-tech ventures. Hong Kong is entering a golden era of I&T development. We are building new engines to drive Hong Kong’s high-quality development, focusing on research and development in key fields and leading industry applications. I am confident that Hong Kong will rise as a leading international I&T center and contribute meaningfully to our nation’s high-quality development, and that HKUST will continue to be a driving force in this amazing journey.”

President Ip said, “As we mark the 35th anniversary of HKUST this year, we also celebrate the spirit of innovation and entrepreneurship that has long been embedded in our DNA. Both the Technology Transfer Center and the Entrepreneurship Center were established in the University’s early years to support faculty and students in realizing their entrepreneurial aspirations and to promote the translation of research outcomes into practical solutions. Over the past 35 years, the University has forged ahead with determination, sowing the seeds of innovation and yielding remarkable achievements across multiple frontier fields. Today, HKUST continues to broaden its horizons, strategically positioning itself in key domains. One example is medical education. The establishment of the HKUST Medical School will integrate the life sciences with cutting-edge technologies to nurture a new generation of interdisciplinary medical professionals.

Concurrently, HKUST has been actively involved in national initiatives such as the Chang’E 8 lunar exploration mission and research projects for the Tiangong Space Station, and the launch of the first commercially viable aerospace project under the RAISe+ Scheme. These achievements exemplify HKUST’s enduring ‘can do’ spirit over the past decades and echo the theme of today’s event—’From Ideas to Miracles—35 Years of Impact and Beyond’. Looking ahead, HKUST will continue to nurture bold ideas and action, working hand in hand with partners across different sectors to cultivate a vibrant innovation ecosystem, ensuring that research achievements benefit society and create lasting global impact.”

To support startups in expanding into global markets and to promote cross-border collaboration, HKUST introduced an “International Pavilion,” featuring startups and innovation organizations from various countries and regions. Participants from Thailand, Singapore and Korea were among those represented, strengthening connections between Hong Kong, and countries and regions along the Belt and Road in technology application and industry development.

The event also saw the signing of multiple partnership agreements, including six strategic collaborations with:

• GPTX Investment Management Limited
• China Everbright Water Limited
• Jiangsu Daotop Environmental Technology
• Samsung R&D Institute China – Guangzhou
• CalmCar Physical AI Innovation Center
• InnoAngel

to advance talent development and industry–academia integration, and foster innovation-driven research and real-world technology translation.

HKUST’s I&T Strength Driving Economic Growth

In addition, HKUST also released the report Driving Socioeconomic Impact Through Research and Innovation: Insights from HKUST, commissioned by the University and prepared by the international research information analytics organization Elsevier. The report highlights HKUST’s outstanding performance in innovation and entrepreneurship. Over the past five years, research output has recorded an average growth of 10%, approximately 9% higher than that of other local institutions. More than 65% of the research is concentrated in engineering and computer science, while 6.2% involves academia-industry collaboration, significantly higher than the global average of 2.7%. These collaborations have translated into impactful intellectual property, with approximately 1,670 patent applications and 700 grants over the same period, and a high IP utilization rate of above 30%.

Prof. Tim Cheng noted that the findings demonstrate HKUST’s steadily strengthening capabilities in research translation and academia-industry collaboration. HKUST’s publications achieved a Field-Weighted Citation Impact of 4.40, indicating that their citation impact is 4.4 times the global average. This underscores HKUST’s significant contributions to advancing Hong Kong’s socioeconomic development and enhancing its competitiveness in innovation and technology.

In addition, a “Marketplace” was also featured, showcasing products already launched by startups, including AI analytics tools, healthcare technologies, and smart city solutions, demonstrating the progress of translating research into practical applications.

Hashtag: #unicorn #unicornday #HKUST #partnership #innovation #startup #tech #AI #space #robotics #materialscience

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

Financial markets are inherently complex systems shaped by price dynamics, capital flows, macroeconomic cycles, policy changes, and investor sentiment. Traditional financial modeling approaches, typically grounded in historical data, empirical assumptions, and linear analysis, face limitations in capturing such multidimensional interactions. AI for Science introduces new methodologies through simulation, advanced reasoning, and multivariable modeling, offering a broader analytical perspective.

The application of AI is not positioned as a replacement for traditional financial models, but as an enhancement to analytical capabilities in conditions of uncertainty. In areas such as asset valuation, risk exposure assessment, and macroeconomic scenario simulation, the central challenge lies in understanding variable interactions and maintaining model interpretability under extreme conditions. AI-driven approaches contribute to improved analysis by enabling more comprehensive scenario testing and deeper insight into systemic relationships.

Chow Kit Hui, founder of KitHui Growth Financial Academy, continues to monitor advancements in AI training architectures, algorithm optimization, and scientific research-grade artificial intelligence. Ongoing engagement with developments in intelligent decision-making and financial technology reflects a commitment to integrating emerging methodologies into financial research and education frameworks.

Insights from the Science x AI Summit 2026 indicate that the long-term value of AI extends beyond efficiency gains and content generation. Greater potential lies in supporting the analysis of complex systemic challenges. In financial applications, AI is not expected to eliminate risk or replace professional judgment; however, it can contribute to earlier risk identification, more robust assumption testing, and decision-making processes that more accurately reflect real-world complexity.

Hashtag: #ScienceXAI #ChowKitHui #AIforScience

https://www.kithuiacademy.com/

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

About KitHui Growth Financial Academy

KitHui Growth Financial Academy focuses on advancing structured and long-term financial understanding across key areas including global asset allocation, corporate mergers and acquisitions, private equity, derivatives, risk management, macroeconomic research, and financial valuation modeling. The academy emphasizes systematic thinking and rational analysis rather than short-term market forecasting or speculative investment strategies.

The Provisions on the Protection of Trade Secrets, issued by the State Administration for Market Regulation under Order No. 126, came into force on 1 June 2026 and replace rules first introduced in 1995. The overhaul gives regulators clearer authority to handle disputes involving digital assets that now sit at the centre of corporate value, from AI model architecture and training datasets to platform recommendation systems, software code and commercially valuable operational data.

The change marks a significant shift in China’s treatment of intangible technology assets. Earlier rules were drafted before cloud computing, AI systems and large-scale data operations became central to business competition. The new framework defines trade secrets as technical or business information that is not publicly known, has commercial value and has been subject to confidentiality measures by the rights holder. Technical information now expressly covers data, algorithms, computer programs and code, while business information can include management, sales, finance, planning, customer and operational data.

The timing gives the regulation wider strategic weight. China and the United States are locked in a prolonged technology rivalry involving semiconductor controls, restrictions on advanced computing hardware, limits on investment in sensitive sectors and scrutiny of cross-border technology transfers. Washington has tightened export controls on high-end chips and chipmaking equipment, while Beijing has expanded its own legal toolkit to protect critical technology, secure data flows and prevent overseas transfer of capabilities it regards as strategically important.

The new rules do not create a separate trade secret law, but provide more detailed administrative guidance under China’s Anti-Unfair Competition Law. They clarify how regulators should assess whether information is secret, whether it has commercial value, what counts as reasonable confidentiality measures and how infringement should be investigated. For companies, the central message is that protection will depend not only on the value of the information, but also on whether internal controls, access limits, confidentiality agreements, digital safeguards and evidence trails are in place.

The provisions also recognise that unsuccessful research can have commercial value. Stage-by-stage technical results, failed experimental data and development paths that save time or cost in future research may qualify for protection if they meet the legal conditions. That is especially relevant for AI labs, pharmaceutical developers, electric vehicle makers, chip design firms and advanced manufacturing groups, where failed trials can reveal important technical boundaries and prevent competitors from repeating expensive mistakes.

Regulators have been given practical enforcement tools, including powers to inspect business premises, question individuals, copy documents, examine electronic records and take action against materials linked to suspected infringement. Penalties can include orders to stop unlawful conduct, confiscation of illegal gains and fines that may reach CNY5 million in serious cases. The framework also covers improper acquisition, disclosure, use or permission to use trade secrets obtained through theft, bribery, fraud, coercion, electronic intrusion or breach of confidentiality obligations.

For multinational companies operating in China, the new rules create a mixed picture. Stronger protection could help firms defend proprietary data, software systems and industrial processes in a market where trade secret disputes have often been difficult to pursue. At the same time, wider protection for data and algorithms may increase compliance complexity, particularly in joint ventures, outsourced research, cloud services, employee mobility, cross-border collaboration and licensing arrangements.

Technology companies are likely to face tougher expectations over documentation. Firms seeking protection will need to show that the information was not easily accessible, carried economic value and was actively protected. Generic claims that an algorithm or dataset is confidential may not be enough. Companies will be expected to classify sensitive assets, restrict access by role, track downloads and transfers, maintain logs, use encryption or watermarking where appropriate, and ensure that employment and partnership contracts define confidentiality obligations with precision.

The rules also sit alongside China’s broader data and security regime, including laws on data security, personal information protection, cybersecurity and export control. That overlap could make enforcement more powerful but also more complicated. A dataset may be a trade secret, a regulated data asset and a cross-border transfer concern at the same time. Businesses handling AI training material, user behaviour data or industrial performance data will need to assess those obligations together rather than treating trade secret protection as a standalone issue.

The Ministry of Agriculture stated that the festival’s first wave debuted from May 30 to June 1 during the “2026 Singapore Vesak Day Celebrations”. In partnership with Fo Guang Shan (Singapore), this initiative successfully integrated Taiwanese agricultural products into a religious, cultural, and festive setting for a cross-domain showcase. The event especially highlighted Taiwan’s new agricultural innovation, the “Mango Pineapple (Tainung No. 23)“. Celebrated for its delicate flesh and intense aroma, it blends a tropical mango-like fragrance with the perfect sweet-and-sour pineapple flavor, demonstrating Taiwan’s achievements in fruit breeding and quality research. On-site tasting sessions drew crowds of local residents, allowing Singaporean consumers to directly experience the sweet, juicy, and distinctive charm of Taiwan’s mango pineapples.

In addition to the featured fruits, Taiwanese floriculture emerged as a major highlight of the event. Premium Taiwanese Phalaenopsis (moth orchids) adorned the official Vesak Day banquet venue, with their elegant shapes, diverse colors, and exceptional longevity, proudly demonstrating the global competitiveness of Taiwan’s orchid industry in breeding and cultivation. Concurrently, Taiwanese Oncidium orchids—also known as dancing lady orchids—were seamlessly integrated into the decor at Fo Guang Shan (Singapore). This harmony of floral artistry and festive space beautifully presented a refined, elegant, and culturally rich aesthetic image of Taiwanese agriculture.

The Ministry of Agriculture noted that Singapore is Taiwan’s 9th-largest export market for agricultural products, with the export value reaching USD 130 million in 2025 (Year 114), making it a vital hub for Taiwan’s expansion into Southeast Asia and global high-end markets. The “Taiwan International Plant-Based Festival” is far more than a standard agricultural promotion; it is a premium brand showcase centered on plant-based dining, sustainable agriculture, and exquisite fruits and flowers. Through these festive experiences, culinary applications, and curated exhibitions, the initiative aims to deepen the Singaporean market’s recognition of and appreciation for Taiwanese agricultural products.

Hashtag: #MinistryofAgriculture #YMSpring

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

At the center of VinDynamics’ showcases is Dyno, an intelligent humanoid robot designed to serve as a versatile assistant for modern living environments. Equipped with an advanced AI platform and a highly responsive environmental sensing system, Dyno is optimized for security and surveillance applications across urban areas, campuses, and integrated service complexes. The robot is also being developed as a household assistant capable of supporting a wide range of everyday tasks through its flexible arm span and dexterous object manipulation capabilities.

A key highlight at both ICRA 2026 and Computex 2026 is Dyno’s live demonstration as a robotic guide. The humanoid robot was previously piloted at Vinpearl Safari Phu Quoc, one of Vietnam’s largest semi-wildlife conservation parks. Operating in a demanding outdoor environment, Dyno demonstrated natural communication abilities, multilingual narration, and flexible responses to visitors’ questions, delivering a distinctive and engaging guest experience.

The pilot program at Vinpearl Safari showcased Dyno’s adaptability in real-world service scenarios and highlighted the potential of humanoid robots across tourism, hospitality, and customer service applications. Its ability to operate reliably in real-world environments, handle dynamic situations, and interact directly with people represents an important step toward future commercial deployment of humanoid robotics.

At both events, VinDynamics is also presenting a comprehensive robotics technology ecosystem developed by its team of Vietnamese engineers. In addition to the fully-integrated Dyno humanoid robot, the company is showcasing two high-value core components: a specialized actuator system and a robotic hand with internationally-benchmarked dexterity. VinDynamics is also introducing a dedicated AI training dataset optimized for real-world application scenarios.

Mastering the entire humanoid robotics value chain, from hardware to software and from mechanical design to artificial intelligence, stands as clear evidence of the research and development capabilities of Vietnamese engineers. VinDynamics’ efforts also provide a strong foundation for its global expansion strategy and long-term technology partnerships with leading technology corporations, research institutions, and international enterprises in robotics and AI. These initiatives will gradually position humanoid robotics developed by Vietnamese engineers more deeply within the global technology value chain.

Mr. La Manh Hung, Chairman of VinDynamics, said: “The introduction of Dyno at ICRA 2026 and Computex 2026 is not only an important milestone for VinDynamics but also reflects the aspirations of Vietnamese engineers to contribute to one of today’s most advanced technology fields. With the belief that humanoid robots will play an increasingly important role in daily life, VinDynamics is focused on developing practical technologies with people at the center.”

Founded in September 2025, VinDynamics is Vingroup’s pioneering humanoid robotics company, with a vision to develop versatile, human-centric robots capable of seamlessly integrating into everyday life and scaling globally. As the global humanoid robotics market is projected to reach tens of trillions of dollars by 2050, driven by rapid advances in AI, sensors, and automation, VinDynamics’ presence at ICRA 2026 and Computex 2026 further reinforces the pioneering role of Vietnamese enterprises in one of the 21st century’s most strategic technology trends.

Hashtag: #VinDynamics

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

About VinDynamics

VinDynamics is a technology company under Vingroup, dedicated to the research, development, and manufacturing of advanced robotics and automation solutions, particularly in the field of humanoid robots. Leveraging cutting-edge technologies such as artificial intelligence, mechatronics, and motion control, VinDynamics aims to deliver intelligent, safe, and cost-effective robotic products that enhance productivity and improve quality of life.

Learn more at: https://vindynamics.net/en

For details: https://www.eternal.hk/the-eternal-path-to-china/

Downloadable Photo: https://drive.google.com/drive/folders/1awiWHa161_BbmFiJVdW_dE8gIm7imaJV?usp=sharing

A Flagship Seminar with Industry Leaders

The flagship session, “Paving the Way to China Fragrance Market,” will take place on 5 June 2026 from 15:00 to 15:45 (CEST) at the Conference Hall on the Main Stage of Esxence 2026. A distinguished panel of industry experts will examine China’s economic landscape and fragrance market, offering practical and insight-driven perspectives on successful market entry strategies. The confirmed speakers are Mr. Stefano De Paoli, Italy Chief Representative of InvestHK; Mr. Haocong Weng, Director of the Xuelei Fragrance Museum; Ms. Wincy Tang, General Manager of Marketing and Partnership at Experience 11 Limited, and Ms. Cindy Chung, Director of General Affairs of Eternal Group.

Beyond the Seminar: A Full Suite of Brand Resources

Beyond the seminar, Eternal Group has curated a comprehensive suite of resources to equip brands with actionable intelligence and operational guidance. Six industry talks will be held at Business Lounge No. 8 with speakers from Hong Kong Productivity Council, PricewaterhouseCoopers, The Loops Hong Kong, as well as expertise from Eternal Group. Topics will cover regulatory compliance, emerging marketing trends, and brand storytelling tailored for Chinese consumers. One-on-one consultations will offer bespoke advisory sessions with Eternal Group’s senior experts. In addition, attendees will have access to The China Market Entry Blueprint, a proprietary guide featuring market insights and consumer trend analysis, NMPA compliance pathways and formula testing requirements, localization best practices, as well as marketing, PR, and retail channel strategies across shopping malls, pop‑ups, and museums.

“For more than 40 years, Eternal Group has served as a trusted bridge for international fragrance brands navigating the complexities of the China market,” said Ms Wendy Lau, Executive Director of Eternal Group.”With ‘The Eternal Path to China’ at Esxence 2026, we are transforming complexity into clarity—providing strategic insights, trusted partnership and a clear pathway to market success. Whether a brand is taking its first step or strengthening its existing presence, we are here to guide its journey into the China market.”

Registration & Inquiries

You are invited to attend the seminar, industry talks, and exclusive briefings. To register or schedule interviews with speakers or Eternal Group representatives, please contact the PR & Corporate Communication Department at [email protected]. To register for the seminar, please visit: https://bit.ly/3PRfOrM.

Remarks:

To access both the Conference Hall and Business Lounge, please purchase a standard Esxence ticket on VivaTicket.com. The ticket includes exhibition access (first 3 days are open to industry professionals only; the final day is open to the public). Consumers may register by contacting: [email protected].

Hashtag: #EternalGroup

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

About Eternal Beauty Holdings Limited (Stock Code: 6883.HK)

Eternal Beauty Holdings Limited (Eternal Group) is the largest perfume group (apart from brand-owner perfume groups) in China (including Hong Kong and Macao) in terms of retail sales in 2023*. It primarily sells and distributes products procured from third-party brand licensors, and deploys market for these brand licensors, offering such services as brand management, and designing and implementing customized market entry and expansion plans for their brands. The Group boasts large and diversified brand portfolios that include not only perfumes, but also color cosmetics, skincare products, personal care products, eyewear and home fragrances. As at 31 March 2026, it conducted product distribution and market deployment for a total of 75 external brands, including Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier, with products in different pricing tiers and of versatile features that meet the differentiated demands of consumers in Chinese Mainland, Hong Kong and/or Macao. Website: www.eternal.hk

*Data source: Frost & Sullivan

About Esxence

Esxence – The Art Perfumery Event has been the International Artistic Perfumery Event since 2009, it represents for professionals and enthusiasts the opportunity to meet the real protagonists of this fascinating world of fragrances, where history and tradition combine with innovation and research. An exhibition area dedicated to excellence, together with a rich and interesting calendar of meetings and events, which offer to the public – last edition reached more than 10,000 attendees – a unique and unmissable experience. Website: http://esxence.com

The Mach33: Physical AI Fashion Show, held on 28 May at Galaxy Robot Park in Gangdong District, was presented as more than a novelty catwalk. Galaxy Corporation framed the event as an experiment in coexistence, asking how people and robots might share cultural spaces rather than treating humanoids only as factory tools, laboratory platforms or service machines.

Each model appeared with a shorter humanoid counterpart, often wearing matching or complementary outfits. A tasselled blue Texan-style look, complete with a robot-sized cowboy hat, stood alongside retro silver outerwear, silky dresses fitted to rigid frames and space-age black trousers reminiscent of David Bowie’s 1970s stage style. The styling made the mechanical bodies appear less like exposed prototypes and more like performers entering a commercial entertainment format.

Galaxy Corporation founder and chief executive Choi Yong-ho said the company had realised that robots “need to wear clothes” and argued that robots, like people, should have distinct identities. The company designed the outfits and intends to launch them under the MACH 33 name by the end of the year, positioning robot fashion as a potential extension of its entertainment-technology business.

The event followed the opening phase of Galaxy Robot Park, a 16,500-square-metre venue in eastern Seoul designed around robot concerts, interactive shows, robotic portrait drawing, boxing-style demonstrations and visitor experiences. The park is part of Galaxy Corporation’s effort to create a new live-entertainment category built around “physical AI”, a term used to describe artificial intelligence moving from screens and software into embodied machines operating in shared human spaces.

Galaxy Corporation, known for managing cultural figures including G-Dragon, Taemin and actor Song Kang-ho, has been seeking to merge K-pop spectacle with robotics. Its robot performances have included choreographed dance routines, synchronised stage movement and plans for several shows a day. The company has said it wants to stage more than 1,000 robot performances annually and ultimately take robot-led shows beyond South Korea.

The robot models appeared to be Unitree G1 humanoids, a relatively low-cost platform made by Hangzhou-based Unitree Robotics. The G1 is widely used in demonstrations because of its compact size, balance control, range of motion and comparatively accessible pricing for developers and institutions. Its ability to walk, turn, gesture and respond to programmed choreography makes it suitable for controlled performances, though it remains far from a fully autonomous general-purpose worker.

The show also highlighted the gap between polished presentation and engineering reality. Humanoid robots are becoming more agile, but smooth movement in a runway setting still requires careful staging, reliable control systems and predictable conditions. Research into whole-body teleoperation, motion retargeting and autonomous loco-manipulation continues to point to unresolved challenges, including latency, balance recovery, hand dexterity, human-robot interaction and safe operation in crowded public spaces.

For South Korea’s entertainment sector, the Galaxy event fits a broader pattern of experimentation with virtual idols, AI-generated content, immersive fan platforms and digitally enhanced performances. K-pop’s visual emphasis makes it a natural testing ground for robotic spectacle, but the commercial test will be whether audiences view robot performers as compelling cultural products or as temporary curiosities.

Fashion offers Galaxy a softer route into that debate. Unlike industrial robotics, a runway show does not require humanoids to prove productivity. It asks whether machines can be styled, branded and given a visible role in popular culture. The clothes also conceal some of the awkwardness of exposed mechanical frames, making the robots appear less clinical and more theatrical.

The commercial stakes are growing. Forecasts for humanoid robotics vary widely, but major financial institutions and technology analysts expect the sector to expand sharply over the next two decades as costs fall and AI systems improve. Optimistic projections point to hundreds of millions, or even more than a billion, humanoids by 2050, though adoption is expected to move gradually as companies work through safety, reliability, regulation and public acceptance.