Aldar Properties is set to begin construction of nearly 3,000 new homes across Abu Dhabi this year, signalling a significant acceleration in residential supply as population growth, job creation and investment inflows sustain demand across the capital’s prime districts. The developments carry a combined gross development value of about 23 billion dirhams, underscoring the scale of capital being channelled into the emirate’s housing market. The projects will […]
Project: Gorgon has made a significant milestone in its development with the launch of its 1.0 version, marking its transition out of Early Access and broadening its world with a substantial new map, expanded progression systems and deeper endgame mechanics. The update introduces Statehelm, a sprawling capital city designed as the largest and most intricate area the indie fantasy MMO has ever seen, featuring over 200 quests […]
By T N Ashok WASHINGTON: In the corridors of power, where messaging is currency and optics are everything, President Donald Trump faces a political paradox that threatens to undermine his party’s prospects in November’s midterm elections: his administration’s economic achievements are being systematically overshadowed by images of masked federal agents confronting protesters in Minneapolis. The […]
Video games once trained patience through repetition and failure, according to a senior psychologist who says the design logic of modern titles has altered how younger players engage with attention, effort and reward. Speaking in his professional capacity, the president of Drugzone Pharmaceuticals Inc said the shift from finite, skill-based progression to systems built around constant engagement marks a decisive break from the gaming culture of the […]
Champions Youth Football Development across Hong Kong and the Chinese Mainland
HONG KONG SAR – Media OutReach Newswire – 29 January 2026 – CTF Life announced today the extension of its exclusive collaboration with PSG Academy (GBA, China) to continue bringing Paris Saint-Germain Academy football training programmes and related sports initiatives to Hong Kong and all cities across the Chinese Mainland. The strengthened three-year collaboration with one of the world’s leading football academies marks a significant milestone in CTF Life’s ongoing commitment to cultivating the holistic development of young football talent through structured, high-quality training programmes, empowering them to pursue their ambitions and realise their dreams.
The programme will potentially reach around 10 million students from schools, corporations, residential complex, etc. across Hong Kong, Macau and the Chinese Mainland, helping them strengthen their football skills and amplify their enthusiasm for the sport. In addition to regular training, the collaboration will also offer young participants a range of exclusive international experiences, including participation in the annual PSG Academy World Cup tournaments held in Paris, visits to Paris Saint-Germain’s home stadium in Paris and meet-and-greet sessions with global football stars.
Man Kit Ip, Executive Director and Chief Executive Officer of CTF Life, said, “CTF Life’s extended collaboration with PSG Academy (GBA, China) underscores our longstanding dedication to youth development through sport. By deepening this exclusive collaboration, we are opening meaningful pathways for the next generation of football talents across Hong Kong and the Chinese Mainland – combining on-the-ground training with one-of-a-kind experiences that inspire ambition, broaden horizons and build confidence, resilience and teamwork – exemplifying our commitment to creating value beyond dreams, an aspiration that stems from our brand promise to create value beyond insurance.”
Yannick Ngassa, Chief Executive Officer of PSG Academy (GBA, China), said, “Partnering with a forward-thinking insurer like CTF Life allows us to do more than just teach football; it allows us to build a solid foundation for the next generation. We share a common vision of empowering young people to pursue their ambitions with confidence. By expanding our academy across Hong Kong, Macau and Mainland China, we are collectively investing in the health, resilience, and future success of millions of students.”
Through sustained investment in meaningful and impactful youth initiatives, CTF Life continues to play an active role in advancing community wellbeing and long-term talent development – shaping a stronger, more inclusive future for young people and nurturing tomorrow’s champions.
The issuer is solely responsible for the content of this announcement.
About CTF Life
Chow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of CTF Services Limited (“CTFS”) (Hong Kong Stock Code: 659) and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the Chow Tai Fook Group ecosystem to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in Asia while continuously creating value beyond insurance.
About PSG Academy (GBA, China)
Dedicated to bringing the world-renowned Paris Saint-Germain training methodology to the region, PSG Academy (GBA, China) provides comprehensive football training for youth across Hong Kong , Macau and the Chinese Mainland. Led by Paris Saint-Germain Academy and UEFA-certified coaches, the programmes emphasize technical development, teamwork, and sportsmanship in a fun and educational environment, offering young players a unique pathway to international football experiences. www.psgacademyguangdong.comwww.psgacademyhongkong.com
Chow Tai Fook Life Insurance Company Limited (Incorporated in Bermuda with limited liabil
A humanoid robot with a deliberately unsettling face has shown a new way machines can learn the mechanics of speech, using a mirror and online video rather than human instruction. The system, known as EMO, learned to move its silicone lips with greater accuracy by observing its own facial movements and then analysing how people speak in video clips. Developed by researchers at Columbia University’s engineering school, […]
France has moved to sharply restrict children’s access to social media after lawmakers approved legislation that would bar users under 15 from creating or holding accounts without verified parental consent, marking the most far-reaching national intervention of its kind in Europe. The bill, passed by the National Assembly after months of debate over online harms, places legal obligations on major platforms to prevent under-age access and to […]
More than 10,000 Ophthalmic Experts to Convene, Reinforcing Hong Kong’s Status as a Leading International Hub for Ophthalmology
HONG KONG SAR – Media OutReach Newswire – 28 January 2026 – The 41st Asia-Pacific Academy of Ophthalmology Congress (APAO 2026 Congress), in conjunction with the 37th Annual Scientific Meeting of the Hong Kong Ophthalmological Symposium, will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) from 5 to 8 February this year. Hosted by the APAO and co-hosted by the Hong Kong Ophthalmological Society and the College of Ophthalmologists of Hong Kong, this congress is the largest and most authoritative ophthalmological academic conference in the Asia-Pacific region. It is expected to attract more than 10,000 ophthalmologists, vision scientists, and ophthalmic professionals from around the globe to exchange the latest breakthroughs in the prevention and treatment of eye diseases and to drive the advancement of the field globally. The opening ceremony will take place on 5 February afternoon, with Professor Lo Chung-mau, Secretary for Health of the HKSAR, as the Guest of Honour.
Theme “Eyes on the Future: Innovating Ophthalmology” to Explore Clinical Applications of Cutting-Edge Technology
Under the theme “Eyes on the Future: Innovating Ophthalmology,” the four-day congress will feature over 300 insightful sessions. It will bring together more than 1,000 distinguished speakers and 10,000 attendees to explore the clinical applications and translations of state-of-the-art technologies. The scientific programme covers 19 subspecialties—from core areas such as cataract, cornea, glaucoma, and retina, paediatric ophthalmology, and oculoplastic surgery, etc., to emerging fields like artificial intelligence, digital innovation, and virtual health. This comprehensive agenda is dedicated to fostering the continuous development of international ophthalmology.
A key highlight of the congress is the 2nd “World EyeCons in Ophthalmology of the 21st Century” Award Ceremony, scheduled for 5 February morning. This prestigious award recognises the world’s most influential ophthalmologists, vision scientists, innovators, and leaders who have profoundly shaped and advanced the field in the 21st century. Following the ceremony, a symposium titled “Pioneers and Visions: Innovations Shaping the Future of Ophthalmology” will feature presentations from current and past awardees, sharing invaluable insights on breakthrough advancements and the future of eye care.
Accelerate Cross-border and Global Collaboration
In addition to the annual English-language programme, this year’s APAO Congress will feature a special Chinese-language Scientific Programme to enhance regional collaboration and academic exchange, with over 100 leading ophthalmologists from the Chinese Mainland invited for in-depth discussions. A key event is the public health luncheon on myopia control, focusing on the innovative and evidence-based “Chinese Myopia Prevention and Control Model”. Top experts from the Chinese Mainland and abroad will share their perspectives on myopia prevention and control strategies. The objective is to showcase China’s impactful framework for comprehensive and public health management, robust research, new technologies, and effective policy to the global ophthalmic community.
On the same day, four leading eye care organizations will jointly establish the new Hong Kong Interdisciplinary Myopia Control Expert Taskforce (Hong Kong Myopia Taskforce). This collaborative initiative is led by the Hong Kong Ophthalmological Society, the College of Ophthalmologists of Hong Kong, the Hong Kong Association of Private Eye Surgeons, and the Hong Kong Paediatric Ophthalmology and Strabismus Society. This taskforce will pioneer the integration of academic research, clinical services, and public education to propose a comprehensive myopia control strategy for Hong Kong. Furthermore, it will promote more holistic, cost-effective, and long-term myopia management solutions by incorporating cutting-edge technologies such as AI, wearable devices, and novel therapies for the public’s benefit. This session will be officiated by Dr Ronald Lam Man-kin, Director of Health of the HKSAR, as the Guest of Honour.
APAO 2026 to Enhance Hong Kong’s Clinical Prowess and Showcase World-Class Scientific Standards
Professor Jason Yam Cheuk-sing, President of the APAO 2026 Congress & President of The Hong Kong Ophthalmological Society, stated, “Hosting the APAO Congress for the fifth time is a testament to Hong Kong’s internationally recognised strength in ophthalmology. This world-class platform not only allows us to engage with top global experts and enhance our clinical capabilities in managing complex cases but also enables us to showcase Hong Kong’s cutting-edge ophthalmic technology and scientific prowess to the world, solidifying our leadership position as an international ophthalmology hub. We sincerely thank the generous support of the Funding Programme under the Innovation and Technology Commission, which has made this prestigious event possible.”
Professor Dennis Lam Shun-chiu, President of Academia of Retina International and Scientific Program Committee Chair of the APAO 2026 Congress, said, “At the upcoming APAO Congress, two significant societies will be officially established: the Global Ophthalmic Artificial Intelligence and Technology Innovation Society (GOATS) and the Asia-Pacific Stem Cell and Gene Therapy Society (APSOCGT). We are confident that these initiatives will provide substantial impetus for the advancement of ophthalmic artificial intelligence, technological innovation, stem cell and gene therapy, facilitating their translation from foundational research to clinical application, not only within the Asia-Pacific region but also on a global scale.”
Professor Clement Tham Chee-yung, President of the Hong Kong Glaucoma Society and Secretary-General of the Asia-Pacific Academy of Ophthalmology, noted, “In recent years, we have seen new treatment options for glaucoma, one of which is ‘minimally invasive glaucoma surgeries (MIGS).’ The key advantage of MIGS is the implantation of microscopic tubes into the eye to increase the outflow of aqueous humour, thereby reducing intraocular pressure and preventing further vision loss.”
Concurrent Large-Scale Ophthalmic Exhibition Welcomes Students and the Public
During the congress, a large-scale ophthalmic exhibition will also be held at the HKCEC, bringing together renowned international ophthalmic brands to showcase their latest technologies and products, providing a platform for industry professionals to network and source. The “Technology and Innovation in Ophthalmology Exhibition” will spotlight the research capabilities of local top-tier universities, featuring the outstanding research achievements of the ophthalmology teams from The Chinese University of Hong Kong and The University of Hong Kong.
The exhibition will also gather professional and charitable organisations—including the Hong Kong Ophthalmological Society, the College of Ophthalmologists of Hong Kong, Hong Kong Association of Private Eye Surgeons, and the Eye Care Charitable Foundation—to introduce various eye care services, medical information, and support programmes. To promote science education, this exhibition has been included in the Education Bureau’s “Business-School Partnership Programme – Ophthalmology Rising Stars Program,” with free admission for registered students and the public. This initiative aims to deepen public understanding of how cutting-edge technology drives the development of eye care and to demonstrate the societal value of academic research.
For more details about the APAO 2026 Congress, please visit https://2026.apaophth.org/.
This press release is issued by the APAO 2026 Congress.
Hashtag: #APAO2026
The issuer is solely responsible for the content of this announcement.
About the APAO 2026 Congress
The Asia-Pacific Academy of Ophthalmology (APAO) Congress is the largest and most authoritative academic conference for ophthalmology in the Asia-Pacific region. The upcoming congress (APAO 2026) will be held in Hong Kong from 5 to 8 February 2026, in conjunction with the 37th Annual Scientific Meeting of the Hong Kong Ophthalmological Symposium. It is expected to attract more than 10,000 ophthalmologists, vision scientists, and ophthalmic professionals from around the globe. This prestigious event provides a premier international platform for attendees to exchange professional knowledge, showcase innovative technologies, and foster collaborations to collectively advance the latest global developments in preventing blindness and restoring sight. For more information, please visit https://2026.apaophth.org/.
A sweeping winter storm delivered an unusual alignment of heavy snowfall across five of the largest metropolitan areas on the US East Coast, marking a weather milestone highlighted by meteorologist Andrew Markowitz, known online as “Snowstradamus”. Writing on X, Markowitz said the storm marked the first instance in 3,655 days in which Boston, New York City, Philadelphia, Baltimore and Washington, DC each recorded at least six inches […]
HONG KONG SAR – Media OutReach Newswire – 26 January 2026 – Immuno Cure BioTech (“Immuno Cure“) is pleased to announce today the initiation of a Phase I clinical study of ICVAX, a therapeutic DNA vaccine for HIV, in collaboration with the Faculty of Medicine of The Chinese University of Hong Kong (“CUMedicine“), the AIDS Institute of The University of Hong Kong (“HKU AIDS Institute“), and Greater Bay Area International Clinical Trials Center (“BAY TRIAL“).
As a lead candidate under Immuno Cure’s patented “PD-1-Enhanced DNA Vaccine Technology Platform”, ICVAX aims to achieve sustained, immune-mediated HIV-1 virological control without the need of antiretroviral therapy. Following the successful first-in-human ICVAX Phase I clinical trial in Shenzhen that showed exceptional safety and immunogenicity profiles, this clinical study will explore the safety and immunogenicity of ICVAX in HIV-infected volunteers in Hong Kong, to be administered by three distinct delivery systems. This comparative approach will provide essential data on the optimal delivery method for ICVAX, and hence potentially identifying the most effective, patient-friendly and scalable option for enhancing immunotherapeutic responses in people living with HIV.
The clinical study will be conducted at Prince of Wales Hospital and will be led by Dr Grace LUI, Head of the Division of Infectious Diseases at CUHK Medicine’s Department of Medicine and Therapeutics, as the Principal Investigator. This is a randomized clinical study to evaluate the immunogenicity and safety of ICVAX in a total of 22 HIV-infected volunteers using three delivery systems: Teresa-EPT-1 electroporation device, PharmaJet’s Tropis, a WHO pre-qualified needle-free injection system, and PapiVax’s TriGrid EP device.
This study has been granted ΗΚ$4.2 million funding under the Public Sector Trial Scheme of the Innovation and Technology Fund of the HKSAR Government (project reference number: UTT/002/23GM). Professor Zhiwei CHEN, Director of the HKU AIDS Institute and Principal Scientific Advisor of Immuno Cure, serves as the Project Coordinator for this funding. This study is also partially supported by Theme-based Research Scheme (TRS) of the Research Grants Council under the University Grants Committee of the Education Bureau (project reference number: T11-702/24-N).
“This Phase I clinical study is an important landmark, being the first evaluation of ICVAX in Hong Kong volunteers and incorporating multiple innovative delivery technologies,” said Dr Grace LUI. “By testing these devices, we aim to optimize safety, immunogenicity, and patient experience for this promising HIV therapeutic DNA vaccine candidate.”
“ICVAX is built on the innovative PD-1-Enhanced DNA vaccine technology invented and developed locally at the HKU,” said Professor Zhiwei CHEN. “This study will help optimize delivery of ICVAX, paving the way for broader international deployment.”
“The launch of this clinical study is a major milestone of vaccine development for Immuno Cure,” said Dr Xia JIN, CEO of Immuno Cure. “By testing ICVAX for the first time in Hong Kong and comparing three innovative delivery devices this study not only advances our understanding of the performance of our DNA medicines, but also significantly supports the global commercialization of ICVAX and our other DNA medicines. Immuno Cure is committed to leading innovation in immunotherapy to combat infectious diseases and cancers.”
Hashtag: #ImmunoCure
The issuer is solely responsible for the content of this announcement.
About Immuno Cure
Immuno Cure is a clinical stage biotechnology group based in the Hong Kong Science Park, focusing on research and development of innovative DNA medicines and antibody immunotherapies to fight against cancers, inflammatory and infectious diseases based on its patented PD-1-enhanced DNA Vaccine Platform and Anti-Δ42PD1 Antibody Platform
Established in 1981, CU Medicine has achieved international recognition in teaching, research, and clinical practice and is the youngest medical school ranked among the world’s top 25 in many global rankings. In the “Best Global Universities Subject Rankings 2025-26” by U.S. News and World Report, its “Gastroenterology and Hepatology”, “Endocrinology and Metabolism” and “Clinical Medicine” programmes rank 1st in Asia, while Gastroenterology and Hepatology claims 2nd globally.
The Faculty comprises 14 clinical departments and five schools, delivering a world-class environment for teaching and research with a strong emphasis on interdisciplinary, interprofessional, and international collaboration. To date, it has cultivated over 6,000 medical graduates who are making an impact across local and global healthcare systems. The Faculty is dedicated to driving innovation by translating groundbreaking research into real-world clinical applications. Its contributions have reshaped medicine — evidenced by the filing of 3,000 patents, strategic patent acquisitions, and the establishment of more than 20 start-ups. Its pioneering research has not only rewritten international clinical guidelines but also revolutionised the prevention, diagnosis, and treatment of numerous diseases.
HKU AIDS Institute was established in November 2007 to take HKU in a new strategic direction in fighting this global epidemic and help to make it a leader in the region in AIDS research, education and prevention. Scientists at the AIDS Institute are fully committed to conducting basic and applied research that facilitates the understanding of AIDS pathogenesis and the development of effective AIDS vaccines. Currently, the Institute is leading the Hong Kong Theme-based Research Scheme entitled “Potentiating Host Immunity for HIV-1 Functional Cure”.
BAY TRIAL is a key initiative in implementing the “Notice of the State Council on Issuing the Development Plan for the Shenzhen Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone” (State Council [2023] No. 12). It serves as strong support for Shenzhen’s development as an international science and technology innovation centre and for promoting the high-quality development of the biopharmaceutical industry in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Located in the Hetao Shenzhen-Hong Kong Cooperation Zone, BAY TRIAL leverages the zone’s unique geographical and policy advantages to integrate clinical trial innovation resources across the GBA, deepen Shenzhen-Hong Kong science and technology collaboration, and establish a one-stop clinical trial platform.
Harare’s local authorities have escalated flood warnings and emergency preparations across the capital following prolonged heavy rainfall that has overwhelmed drainage infrastructure and triggered flash floods in multiple low-lying suburbs. Officials have urged residents and motorists to adjust travel plans, heed evacuation guidance where issued and monitor weather conditions as water levels continue to rise across a city whose ageing systems have struggled under intensifying storms. City […]
A sprawling winter storm stretching across the southern and eastern United States has crippled highways, shuttered schools and sent air travel into disarray, as forecasters warned of heavy snowfall and a destructive ice belt cutting from east Texas through the Carolinas. The U. S. National Weather Service said a wide swathe of the country faced hazardous conditions, with snow totals measured in tens of centimetres in parts […]
Access to Microsoft’s cloud-based productivity tools was restored after a widespread disruption interrupted email, security and compliance services for users across multiple regions, the company said, following hours of degraded performance that affected businesses, governments and schools. Microsoft confirmed that the incident disrupted several Microsoft 365 services, including Outlook, Microsoft Defender and Microsoft Purview, with users reporting problems sending and receiving email, delays in threat alerts and […]
Arabian Post Staff -Dubai Meraki Developers has launched Nirvana Residence 1, a 22-storey residential tower positioned in Me’aisem within Dubai Production City, marking the company’s latest entry into a competitive mid-market segment that blends lifestyle design with wellness-led planning. The project is being pitched as a calm, community-oriented development in an area that has emerged as a residential alternative for professionals working across Dubai’s southern business corridors. […]
HONG KONG SAR – Media OutReach Newswire – 20 January 2026 – Shell Hong Kong Limited (Shell) and the Transport Office of The Chinese University of Hong Kong (CUHK) held the “CUHK x Shell Electric School Bus Charging Station Opening Ceremony” on 15 January 2026, marking a significant milestone in advancing sustainable campus transportation. With the dedicated support from Shell, CUHK has launched its first Shell Recharge electric school bus charging station on campus, equipped with two fast chargers delivering up to 120 kW of power to provide efficient charging support for the university’s phased introduction of new energy school buses. Together with this initiative, the Hong Kong Productivity Council (HKPC) has provided CUHK with the first hybrid school bus on a Hong Kong university campus, making the first adoption of a hybrid school bus as a low-carbon transportation solution in local university campuses.
Shell and CUHK held the “CUHK x Shell Electric School Bus Charging Station Opening Ceremony” (From left to right: Mr. Kenneth Chung, Network Development & E-Mobility Manager of Shell Hong Kong Limited,Mr. Donald Lee, Transport Manager, The Chinese University of Hong Kong, Mr. Simon Lee, Director of Security and Transport, The Chinese University of Hong Kong, Mr. Dick Chan, General Manager of Shell Commercial Fuels- Hong Kong and Macau, Mr Yonghai Du, Chief Innovation Officer, Hong Kong Productivity Council and General Manager, Centre of Advanced Power and Autonomous Systems (APAS), Mr Ralph Xu, Head of Green Transportation, Centre of Advanced Power and Autonomous Systems (APAS))
First Shell Recharge Electric School Bus Charging Station installed in CUHK
As one of the leading global energy companies, Shell continues to focus on its strategy to deliver more value with less emissions while working to become a net-zero emissions business by 2050, contributing to global decarbonisation. This year, Shell installed CUHK’s first Shell Recharge electric school bus charging station, featuring two fast chargers with a power output of 120 kW, ensuring rapid and efficient energy replenishment for CUHK’s electric school buses. At the same time, Shell consistently upholds high safety standards, with stringent controls in the design, installation, and operation of the charging station to ensure a safe and reliable electric vehicle charging experience.
Since 2018, Shell has supported CUHK’s sustainability initiatives by supplying Shell FuelSave Diesel B5 for the university’s fleet, helping reduce emissions and enhancing operational efficiency. The collaboration has expanded with the introduction of fast-charging facilities further modernises CUHK’s transportation system and accelerates the adoption of innovative low-carbon technologies. Looking ahead, Shell will continue to work with CUHK to lead the development of advanced mobility solutions and demonstrate leadership in campus sustainability.
Mr. Yew Chong Tan, General Manager of Shell Commercial Fuels East, commented, “At Shell, we are committed to working with customers and partners to provide holistic energy solutions that power progress together. The installation of this electric school bus charging station at The Chinese University of Hong Kong exemplifies our dedication to such collaboration as we navigate the energy transition.”
First Shell Recharge Electric School Bus Charging Station installed in CUHK (From left to right: Mr. Donald Lee, Transport Manager, The Chinese University of Hong Kong, Mr. Simon Lee, Director of Security and Transport, The Chinese University of Hong Kong, Mr Yew Chong Tan, General Manager of Shell Commercial Fuels East, Mr. Dick Chan, General Manager of Shell Commercial Fuels- Hong Kong and Macau)
First Hybrid School Bus to Begin Operates at CUHK
The Hong Kong Productivity Council (HKPC) has provided CUHK with the first hybrid school bus ever deployed on a Hong Kong campus, which helps reduce diesel consumption and lower exhaust emissions compared to regular diesel coaches. When utilizing fast charging directly, it can reach an 80% battery charge in as little as 25 minutes.
Mr. Yonghai Du, Chief Innovation Officer of HKPC and General Manager, Centre of Advanced Power and Autonomous Systems (APAS), added, “This 12-meter plug-in hybrid bus is the first green transport project designed, developed, and assembled in Hong Kong by APAS, funded by the Innovation and Technology Fund and supported by our industry partners. This collaboration exemplifies the shared commitment of academia and industry to social responsibility. HKPC will continue to pioneer diverse innovative solutions, foster collaboration among ‘Government, industry, academia, research, investment, and applications’, expand the application demonstration of new technologies, products, and scenarios, and drive the transition towards green transportation.”
CUHK Advances Low-Carbon Transportation
These two major initiatives not only highlight CUHK’s dedication to sustainable development but also set a new standard for environmentally conscious transformation in transportation across Hong Kong.
Mr. Simon Lee, Director of Security and Transport at The Chinese University of Hong Kong, stated, “CUHK is committed to promoting sustainable development and embedding environmental protection principles within daily campus operations. By installing the EV charging station and introducing the hybrid campus bus, we aim to offer convenient transportation for staff and students while reducing carbon emissions and achieving low-carbon mobility. I would like to express my heartfelt gratitude to Shell for its strong support of the charging station project and to the Hong Kong Productivity Council for its professional assistance in introducing the hybrid campus bus, enabling us to jointly drive campus transportation toward a new green milestone.”
Arabian Post Staff -Dubai Abu Dhabi is set to host the 30th Gulf Cooperation Council Swimming Championship from January 22 to 25, bringing together around 200 male and female swimmers from six Gulf countries in what organisers describe as the largest and most competitive edition to date. The four-day event will be staged at the Mohammed Bin Zayed Sports Center and will feature age categories ranging from […]
Arabian Post Staff -Dubai Two students from Georgetown University in Qatar have secured places in the highly selective Schwartzman Scholars programme, marking a notable academic milestone for the Doha-based campus and underscoring the growing links between Middle East institutions and leading centres of study in China. Kingwell Ma and Zarrish Ahmed have been awarded fully funded, one-year master’s degrees in Global Affairs at Tsinghua University in Beijing, […]
China’s annual number of births has fallen to its lowest level since the founding of the People’s Republic in 1949, deepening demographic pressures on the world’s second-largest economy and intensifying debate over the limits of policy intervention to reverse long-term population decline. Official demographic data show that just over nine million babies were born nationwide during the last full calendar year reported, extending a downward trend that […]
Google has rolled out Flow, an artificial intelligence-powered video creation tool designed for Workspace users, marking a significant expansion of the company’s generative AI offerings for businesses and educators. Announced on January 16, 2026, Flow allows users to create high-definition, cinematic-style videos from simple text prompts embedded directly within familiar productivity applications such as Docs and Sheets. The launch places video creation alongside text, data and presentation […]
Dubai has rolled out a pilot shared school transport service that aims to reshape the daily school run by combining technology-enabled operations with shared mobility, as the emirate seeks to ease congestion, improve safety standards and cut the cost burden on families. The initiative is being led by Dubai Roads and Transport Authority in partnership with Yango Group, a global technology firm with experience in mobility platforms […]
HONG KONG SAR – Media OutReach Newswire – 15 January 2026 – HKU Business School unveiled the “Hong Kong Economic Policy Green Paper 2026” (“Green Paper”). This comprehensive document delves into various facets of Hong Kong’s economic domain, covering everything from trade finance and Hong Kong’s role in the Greater Bay Area (GBA) startup ecosystem to green finance, the IP economy, social and shareholder value for Hong Kong-listed companies, and pressing social issues such as housing affordability and overcrowding in emergency departments. Moreover, with the emergence of AI, the Green Paper examines the impact of AI on the labour market, cybersecurity, and the development of a Web 3.0 ecosystem.
This is the fifth edition of the Hong Kong Economic Policy Green Paper, released by HKU Business School, with the aim of providing recommendations on how Hong Kong can effectively tackle these challenges.
HKU Business School today unveils the Hong Kong Economic Policy Green Paper 2026. From left: Prof. Huiyin Ouyang, Associate Professor in Innovation and Information Management of HKU Business School, Prof. Dragon Tang, Professor in Finance in HKU Business School, Professor Hongbin CAI, Dean and Chair of Economics of HKU Business School, Prof. Richard Wong, Provost and Deputy Vice-Chancellor of The University of Hong Kong and Director, Hong Kong Institute of Economics and Business Strategy, Prof. Heiwai Tang, Associate Vice-President of The University of Hong Kong and Associate Dean of HKU Business School, and Dr. Tingting Fan, Principal Lecturer in Marketing of HKU Business School.
Prof. Richard Wong, Provost and Deputy Vice-Chancellor of The University of Hong Kong and Director, Hong Kong Institute of Economics and Business Strategy said, “This Green Paper was released after months of rigorous research by the scholars from HKU Business School. Grounded in an academic perspective and guided by a pragmatic, problem-solving approach, we have conducted objective analyses and in-depth investigations into core issues and real-world challenges currently facing Hong Kong’s development in political and economic operations, people’s livelihood, and industrial upgrading. Our aim is to provide the Government and relevant authorities with valuable insights and actionable policy recommendations.”
Professor Hongbin Cai, Dean and Chair of Economics of HKU Business School, said, “As a ‘super-connector’ bridging China and the world, Hong Kong’s unique role remains indispensable. Looking ahead, Hong Kong must deeply integrate into China’s national development plans, and also take a more prominent role on the international stage, with an in-depth understanding of the global market and active engagement with its international collaborators.
With campuses in Beijing, Shanghai, and Shenzhen, and an expanding presence in Vietnam and Europe, HKU Business School embodies our unique proposition: deeply rooted in Hong Kong, fully engaged with the Chinese Mainland, and truly international. This year’s Green Paper reflects our dedication to inspiring solutions based on rigorous research. As a world-class institute of higher education, we are committed to enabling Hong Kong to further unleash its core values and usher in a new era of high-quality development.”
Prof. Heiwai Tang, Associate Vice-President of The University of Hong Kong and Associate Dean of HKU Business School, added, “This Green Paper features research papers from ten teams of scholars with diverse backgrounds and varied expertise. Based on profound insights into Hong Kong’s development, they offer unique and targeted policy recommendations, building a rich and multifaceted framework of issues for the Green Paper. At the same time, behind these research achievements lies the scholars’ deep affection for and sense of responsibility toward Hong Kong.”
Regarding how digital technology can boost Hong Kong’s trade finance, he emphasised: “Both data and industry feedback clearly demonstrate the core value of trade finance. However, we need more synergy in the trade finance ecosystem and to catch up in digitisation. To address this, we must strengthen the governance and standard promotion of digital trade platforms and tools, deepen the cross-border interoperability of trade data, expand the functions of the Hong Kong Export Credit Insurance Corporation, focus on high-value-added trade enterprises, extend the coverage of Free Trade and Double Taxation Avoidance agreements, and promote responsible stablecoin adoption and Renminbi internationalisation.”
Prof. Dragon Tang, Professor in Finance at HKU Business School, stated, “Hong Kong is uniquely positioned to lead in the integration of blockchain technology within green finance, exemplified by our pioneering issuance of the world’s first tokenised green bonds, totalling HKD 6 billion in February 2024. With green finance representing a critical avenue for sustainable development, the global market is projected to grow significantly, emphasising the importance of transparency and trust. To capitalise on this opportunity, we must enhance our blockchain infrastructure, establish clear regulatory standards, and promote cross-border integration with initiatives like Core Climate. By leveraging blockchain’s capabilities, we can significantly reduce costs, improve transparency, and engage a broader investor base, ultimately driving our transition to a sustainable finance future.”
Prof. Huiyin Ouyang, Associate Professor in Innovation and Information Management, HKU Business School, commented on her study, saying, “Two weeks post-implementation of the hospital fee reform, the media reported no significant change in emergency department crowding, which aligns with what our analysis predicted. Overcrowding isn’t simply about patient behaviour – it’s a structural issue. Demographics are shifting, capacity is constrained, and alternative treatment options remain limited. What we now need is a careful, systematic evaluation of the fee changes. Where are vulnerable patients going for care? Are some patients delaying treatment? What unintended effects are emerging? Effective reform requires pairing fee adjustments with expanded primary care access. We can’t solve a capacity problem with pricing alone.”
Dr. Tingting Fan, Principal Lecturer in Marketing at HKU Business School, presented as well, spoke on her study and asked, “Why did Pop Mart go public in Hong Kong but register IP in Singapore? Or why was Molly ‘born’ in Hong Kong but did not go viral from Hong Kong? Why have local companies not managed to turn these homegrown IPs into major business triumphs? Learning from the past and looking forward, Hong Kong can leverage its financial market, legal system, as well as talents to build a comprehensive IP industry infrastructure and become an IP hub.”
The Green Paper includes ten articles; the key points are as follows:
Empowering Merchandise Trade Finance with Digital Technology in Hong Kong Author: Prof. Heiwai Tang, Associate Vice-President (Global), The University of Hong Kong; Associate Dean (External Relations), HKU Business School; Associate Director, Hong Kong Institute of Economics and Business Strategy; Victor and William Fung Professor in Economics
Trade is an essential lifeline for Hong Kong; its total merchandise trade was three times the city’s HKD3.2 trillion GDP in 2024. Trade finance is thus equally important, yet research shows that the total loans extended for trade finance have been declining.
As geopolitical and technological shifts reshape trade, Hong Kong must upgrade its trade finance services. With consumer-goods trade shifting to smaller, more frequent orders and shorter cycles, financial institutions need to streamline approvals and develop flexible products for e-commerce and logistics-driven cash cycles. Banks also need to digitise core processes in fund settlement. The article cautions that platforms directly connecting mainland manufacturers with overseas buyers disintermediate Hong Kong’s traditional hub-and-spoke role.
To address this, the article suggests the government leverage digital technologies to elevate the adoption of Hong Kong’s digital trade platforms through unifying core digital trade functions. Moreover, speeding up interoperability of trade data platforms with the Chinese Mainland and other economies will enable seamless data exchange.
Rebuilding Hong Kong as the Catalyst to the Greater Bay Area (GBA) Startup Ecosystem Prof. Alberto Moel, Professor of Practice in Finance, HKU Business School Prof. Joseph Chan, Associate Professor of Practice in Management and Strategy, HKU Business School; Associate Director, Centre for Innovation and Entrepreneurship
Offering a quantitative analysis of the evolution of Hong Kong’s startup landscape, the article found that post-2019 activity has slowed, mirroring global venture capital trends, with most failing to grow beyond 50 employees due to scarce late-stage capital despite early-stage availability. While fintech and logistics dominate and AI/blockchain grow quickly, deep tech lags—authors view this as temporary and highlight Hong Kong’s alignment in financial innovation, regtech, and GBA supply chains to attract investment and support corporate transformation.
To strengthen Hong Kong as the GBA’s premier startup hub and international financial centre, the article recommends nine policies—including fixing funding gaps, closing academia-market divides through industry-focused research for tech transfer, attracting/retaining talent, integrating Northern Metropolis with GBA supply chains, pivoting to high-value services, and drawing large tech platforms to incubate local startups.
The Applications of Blockchain in Green Finance: Hong Kong’s Experience and Opportunities Author: Prof. Dragon Tang, Professor in Finance, HKU Business School; Associate Director, Centre for Financial Innovation and Development
The green finance market has entered an important new phase. Hong Kong became the world’s first issuer of sovereign tokenised green bond when it priced an HKD800 million one-year note in February 2023. Despite this, Hong Kong faces several challenges in the practical implementation of using blockchain to advance green finance. This is due to the limited interoperability between blockchain platforms and existing financial infrastructure, which hinders cross-market transactions. Real-time settlement for tokenised assets is also difficult because of scalability constraints.
The article argues that the future success of blockchain development in green finance will depend on progress in three areas: standardisation, scalability, and security. Clear regulatory frameworks and common technical protocols are needed to provide legal certainty and interoperability across platforms. While collaboration among regulators, technology providers, and energy-market participants can align rules for tokenisation. Blockchain can also connect Hong Kong’s Core Climate platform with overseas counterparts, as cross-border integration is crucial to the inherently international nature of climate finance.
Can Hong Kong be an IP hub for Future Labubu? An Overview of Hong Kong’s IP Industry Dr. Tingting Fan, Principal Lecturer in Marketing, HKU Business School Prof. Heiwai Tang, Associate Vice-President (Global), The University of Hong Kong; Associate Dean (External Relations), HKU Business School; Associate Director, Hong Kong Institute of Economics and Business Strategy; Victor and William Fung Professor in Economics
As Labubu’s success turns the spotlight on the growing importance of the IP industry, the authors propose that this can inspire more creators and businesses to invest in branding, licensing, and cross-border collaborations. This can also attract policymakers’ attention to the emerging IP sector as a key driver of innovation and economic growth.
To position Hong Kong as a leading regional IP trading centre, the authors recommend that stakeholders—including IP developers, entrepreneurs, and government agencies—coordinate efforts across key areas. These include building a robust IP financing ecosystem, such as through government-issued IP bonds replicating the green finance model; enhancing infrastructure and platforms to support IP development; developing specialised talent and professional services in the IP sector; promoting IP initiatives throughout the Greater Bay Area; and strengthening IP protection alongside a solid legal framework.
Thematic Research: Maximisation of Social Value and Shareholder Value – Insights from Hong Kong-listed Companies Across Sectors Author: Prof. Sean Chang, Associate Professor of Practice in Finance, HKU Business School
Through a triangulation research approach, the article examines how social policies, international frameworks, and corporate social responsibility influence a company’s valuation and capital budgeting decisions. Using insights from major Hong Kong-listed companies across nine sectors—spanning transport, utilities, financials, banking, conglomerates, technology, real estate, consumer, and hotel servicing—the research highlights CSR’s role in enhancing long-term firm performance.
Key findings show that corporate risk assessment, company valuation, and stock performance are significantly influenced by CSR-linked socially responsible investing (SRI) factors. Hong Kong-specific social values, such as equality and sustainability, shape investor preferences, guiding finance managers to tailor solutions and adapt regulatory standards. While conventional metrics remain dominant, incorporating social value boosts long-term firm value by building shareholder trust and mitigating risks; companies can pursue CSR projects financed via SRI bonds to create dual economic and societal benefits.
The study recommends embedding core values like equality and sustainability into corporate strategies, aligning budgeting processes with social objectives to pinpoint investments yielding both returns and positive impacts, and urging Hong Kong-listed firms to sustain capital budgeting aligned with enduring societal values.
Housing Affordability and Homeownership in Hong Kong, 1985-2023 Mr. Allen W. Huang, Student Researcher, Hong Kong Future Economy Institute Mr. Alex Ngau, Research Associate, Hong Kong Future Economy Institute Prof. Michael B. Wong, Assistant Professor in Economics, Management and Strategy, HKU Business School
Hong Kong’s housing market has grown increasingly unaffordable, hindering upward mobility for younger generations. Main findings from the research reveal that since the 2002 suspension of the Home Ownership Scheme (HOS), homeownership has declined sharply, rendering private housing “impossibly unaffordable” for median-income households. A wide public-private rent gap drives young people to accept lower-paying or part-time jobs to qualify for public rental housing (PRH), distorting labour supply, stifling human capital investment, and fuelling a surge in adult co-living with parents; younger cohorts (born 1980-1999) face far lower access to public housing and ownership than prior generations at the same age.
Taking Hong Kong Island as an example, between 2003 and 2024, the rent-to-income ratio for a typical 400-sq-ft private unit jumped from 35% to 60% of median household income, peaking at 65% in 2015 and 2019—far exceeding the UN-Habitat and World Bank’s 30% affordability threshold. Public housing rents stayed dramatically lower at just 7%–11% of median household income from 1985 to 2024. For home purchases, it now takes 18.2 years of median income to buy a 500-sq-ft private unit (up from 7.4 years in 2003), placing it in the “impossibly unaffordable” zone per the Demographia International Housing Affordability report, where ≤3.0 years is considered affordable and 9.0+ years is impossibly unaffordable. After the 2002 Home Ownership Scheme suspension, even subsidised HOS units now require 15.8 years of income on Hong Kong Island (up from 7.4 years in 2007), shifting them from moderately unaffordable to severely or impossibly unaffordable in urban cores.
To reverse these trends, the authors recommend ramping up production of high-quality ownership units, easing resale and leasing restrictions on existing subsidised sale flats to boost residential mobility and enable “trading up” the housing ladder, setting housing price and affordability targets over mere supply goals, and adopting responsive mechanisms to balance demand and supply.
Beyond Crisis Management: Structural Reform for the Overcrowding in Hong Kong’s Emergency Departments Prof. Huiyin Ouyang, Associate Professor in Innovation and Information Management, HKU Business School Ms. Yiran Zhang, PhD student, HKU Business School
Hong Kong’s public emergency departments (EDs) handle over 2.14 million annual attendances. This crisis, exacerbated by an ageing population, results from a structural mismatch: the majority of the attendances are for non-emergency conditions, leading to staff burnout and compromised care.
The article proposes three comprehensive structural reforms. First, improving operational efficiency with accurate wait time information systems is crucial. Second, increasing the ED fee (categories III–V) aims to divert non-critical patients. Success for this hinges on assumptions about patient responses, particularly how varied population segments will react to the price signal. International evidence raises concerns, showing that higher ED fees can reduce overall utilisation, but with the decrease primarily occurring among price-sensitive groups who may risk delays in receiving serious care. Therefore, for this reform to succeed, the public must have genuine access to alternative care pathways that can accommodate acute but non-emergency needs outside regular business hours, with pricing acceptable to price-sensitive populations. Third, AI can augment the workforce and manage demand (e.g., through telemedicine).
Ultimately, sustainable reform demands robust evaluation, political courage, and a commitment to address root causes, not just symptoms.
Initial Efforts to Empirically Measure AI Activity and Its Impacts on Hong Kong’s Labour Market Prof. Alan Kwan, Associate Professor in Finance, HKU Business School Prof. Mingzhu Tai, Associate Professor in Finance, HKU Business School; Associate Director, Institute of Behavioural and Decision Science Mr. Zihan Wang, Master student, HKU Business School
In an effort to empirically measure the impact of AI on Hong Kong’s labour force, the researchers observe that firms with a higher adoption of AI experience lower headcount growth. However, the scale of impact appears small in the city, which could be due to several potential reasons. One of these is the different composition of Hong Kong’s labour force compared with other countries. For instance, Hong Kong has a high proportion of finance or managerial talent, which is harder to displace; the city also features older or more elite workers. On the other hand, much of the impact of AI, particularly generative AI, is on the less elite and younger populations.
As such, the authors recommend policymakers produce more labour market statistics that track the impact of AI, particularly by occupation. On the rate of AI adoption in Hong Kong through innovation, the authors find that the city is heavily skewed towards research, but not commercialisation. This means that the quality and quantity of academic research is not translating to commercial use. To address this decoupling, the authors propose that the government tweak its existing early-stage startup funding platforms to encourage streamlining and higher utilisation of existing government resources.
The Impact of Generative Artificial Intelligence on Cybersecurity in Hong Kong Author: Prof. Michael Chau, Professor in Innovation and Information Management, HKU Business School
As GenAI can produce human-like text, code, images, and audio, cybersecurity crimes have become easier and faster to perpetrate. Not only have data leaks and hacks into security systems led to significant financial losses in Hong Kong, but they also hurt confidence in the city’s digital infrastructure.
The article recommends using AI to fortify Hong Kong’s cyber defence, such as using biometric verification and deepfake detection technologies, especially in areas involving critical infrastructure and high financial stakes. It is also important to prevent data leakage and other threats in using GenAI.
Hong Kong’s Next Growth: Pioneering the Web 3.0 Ecosystem Prof. Yulin Fang, Professor in Innovation and Information Management, HKU Business School; Director, Institute of Digital Economy and Innovation Mr. Yangchen Mou, PhD student, HKU Business School
Given the inherent risks in Web 3.0 operational models—most notably within Decentralised Finance (DeFi) systems—striking a balance between fostering the development of the Web 3.0 ecosystem and implementing appropriate regulation to maintain financial stability is and should be a key priority for Hong Kong authorities. To support this, the article categorises the industry into three distinct systems—Centralised Finance (CeFi), the integration of Traditional Finance and Centralised Finance (TradFi-CeFi), and Decentralised Finance (DeFi)—and put forward targeted policy recommendations for each.
For the CeFi system, the authors recommend creating a more conducive environment for development by refining specialised auditing frameworks, promoting a local Web 3.0 talent certification system, and introducing global leading CeFi institutions to the local market. For the TradFi-CeFi system, they suggest upgrading audit standards for traditional firms holding digital assets and upskilling traditional finance professionals with Web 3.0 expertise. In contrast, for the DeFi system, which carries higher inherent risks and poses greater regulatory challenges, the authors advise authorities to adopt a prudent stance while keeping monitoring its latest technological developments.
The full version of the Green Paper can be accessed here. Hi-res photos are available here.
Hashtag: #HKUBS
The issuer is solely responsible for the content of this announcement.
About HKU Business School
Established in 2001, HKU Business School is one of the youngest and most dynamic members of The University of Hong Kong (HKU). The School strives to nurture first-class business leaders and foster academic and relevant research that serves the needs of Hong Kong, China and the rest of the world in the new Asia-led economy. As a top international business school, the School has established its place as a globally impactful institution that leads the way through timely thought leadership, pioneering research, and educational excellence. Deeply rooted in Hong Kong and fully engaged with China, the School’s world-class faculty equip students with global knowledge and perspectives.
HKU Business School offers business education across a full range of disciplines, while achieving remarkable growth in faculty strength and research capabilities. The School ranks Asia’s No.1 in Financial Times’ Aggregated Research Ranking for two consecutive years, 2024 and 2025, while the University of Hong Kong ranked 11th in the world and No. 1 in Asia according to the QS World University Rankings 2026. The School has strategic partnerships with world-renowned universities and corporate partners, providing market-oriented content, superior learning, and instrumental resources.
To better serve our students and alumni in various cities and regions, and to facilitate collaboration opportunities with business communities around the globe, HKU Business School has established a unique international network that extends to Beijing, Shanghai, Shenzhen and Ho Chi Minh City.
HKU Business School is fully accredited by the European Quality Improvement Systems (EQUIS) and the Association to Advance Collegiate Schools of Business (AACSB).
Apple has rolled out a new subscription package aimed at video producers, podcasters and social media professionals, launching a “Creator Studio” bundle priced at $12.99 per month as the company deepens its push into the creator economy and recurring services revenue. The bundle brings together a suite of Apple-developed applications focused on video editing, audio production and graphics, integrating tools that were previously sold separately or bundled […]
Arabian Post Staff -Dubai Airlines operating from the Gulf sharply curtailed services to Iran on Friday as unrest inside the country prompted rapid operational reviews, disrupting travel links between Dubai, Doha and several Iranian cities while carriers weighed safety and regulatory considerations. Schedules published by Dubai’s airport operator showed multiple cancellations on routes linking Dubai with Tehran, Shiraz and Mashhad. A spokesperson for flydubai said all services […]
Families heading to Global Village are being welcomed by a child-focused programme that blends large-scale play, character encounters and evening spectacle, as Wonderers’ Kids Fest runs from January 9 through February 15 with access included in the venue’s entry ticket. Operating daily between 4pm and 10pm, the festival has been positioned as a centrepiece of the winter calendar for households seeking structured, screen-free entertainment alongside the destination’s […]
https://2026.apaophth.org/
