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Set against the historic backdrop of the Sforza Castle and the commercial artery of Via Dante, AWI turns one of Milan’s most recognizable public spaces into a live demonstration of how digital technologies can intersect with culture, commerce and consumer engagement. Powered by Alibaba’s advanced technology stack, the showcase illustrates how artificial intelligence can enable immersive, interactive digital retail experiences that respond dynamically to individual preferences.

“Alibaba and the IOC share a simple belief together: technology should enable the Olympic Games to be more exciting, accessible, sustainable and connected,” said Joe Tsai, Chairman of Alibaba Group. “With the power of AI, we are moving from “Cloud Olympics” toward “Intelligent Olympics”, as AI helps us work better, make smarter decisions, and connect more meaningfully.”

“I’m delighted to be here at the Alibaba Group Showcase, celebrating nine years of our partnership which represents one of the most significant technological transformations in Olympic history. Building on innovations delivered at recent Games, Milano Cortina 2026 represents a major step forward in cloud-based, AI-enabled broadcasting and operations, setting a new benchmark for future editionsn. Together with Alibaba, we’re not only ensuring the Games remain efficient and sustainable, but also remain engaging through sports media technology to audiences, athletes and fans worldwide”, said Kirsty Coventry, President of the International Olympic Committee (IOC)”

A Personalized Journey Guided by AI

At the core of the installation is an AI-guided journey that brings virtual retail into a physical environment. Upon entry, visitors are invited to share simple preferences—such as their favorite Milano Cortina 2026 sport—with an AI agent, which uses these inputs to curate a personalized journey throughout the space. Visitors may also choose to have their photo taken to generate a real-time digital avatar, further tailoring the journey to the individual.

The AI agent then acts as a virtual stylist, interacting with visitors and offering tailored recommendations for clothing, fragrance, and makeup. As participants make selections, the experience evolves continuously, demonstrating how AI-enabled retail can move beyond static product catalogues towards adaptive, interactive experiences. Each journey culminates in a personalized AI-generated video in which the visitor’s avatar becomes the central character in a digital gala setting.

The experience is supported by Alibaba’s latest AI and cloud technologies, including its Qwen3 series of large language and vision models, Wan 2.2 image-to-video generation model, and Taobao Vision’s immersive shopping solution, and Alibaba Cloud’s global cloud infrastructure.

Architecture Inspired by Ice and Light

Spanning 40 meters, the installation consists of two architectural elements:

• The Snow Globe, a spherical pavilion that serves as an interactive space during the day and transforms into a projection surface for AI-generated visuals in the evening
• The Crystalized Skirt Building, a sculptural structure inspired by the crystalline geometry of frost and snowflakes, which houses the immersive AI-powered virtual retail experience.

Designed with sustainability in mind, the installation uses recyclable materials and leaves no permanent footprint on the historic plaza.

AWI will be open to the public from February 7–22, 2026, during the Olympic Winter Games, and March 6–15, 2026, during the Paralympic Winter Games.

Showcasing the First AI-Generated Olympic Fan Art Collection

The opening of AWI also marked the unveiling of the results of the Alibaba Cloud AIGC Championship @ Milano Cortina 2026, the first Olympic fan engagement initiative of its kind developed in partnership with the International Olympic Committee, the Olympic Museum and the Milano Cortina 2026 Organising Committee.

Using Alibaba’s Wan video generation models, fans from around the world created original video artworks inspired by four winter sports: figure skating, short track speed skating, alpine skiing, and snowboarding.

A curated selection of the top 100 works is now being displayed on the surface of the Snow Globe. This collection represents the first AI-generated artworks to be displayed by the Olympic Museum located in Lausanne, Switzerland. Ten creators will be awarded tickets to attend the Olympic Winter Games in person.

By combining Olympic inspiration with accessible AI technology, Alibaba Wonder on Ice invites fans worldwide to go beyond spectating, allowing them to step into the Games, express their “vibe,” and join the Olympic Movement in an entirely new way.

Hashtag: #Alibaba

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About Alibaba Group

Alibaba Group is a global technology company focused on e-commerce and cloud computing. We enable merchants, brands and retailers to market, sell and engage with consumers by providing digital and logistics infrastructure, efficiency tools and vast marketing reach. We empower enterprises with our leading cloud infrastructure, services and work collaboration capabilities to facilitate their digital transformation and grow their businesses.

The event, supported by the Mission of the People’s Republic of China to ASEAN, the Permanent Mission of Malaysia to ASEAN, and the ASEAN Secretariat, was hosted by the Information Office of the People’s Government of Guangxi Zhuang Autonomous Region, China, and the Department of Culture and Tourism of Guangxi Zhuang Autonomous Region, China, and jointly organized by Guangxi Daily (Guangxi International Communication Center), Guangxi Radio and Television, Guangxi Tourism Development Group, and Guangxi Cultural Industry Group. More than 250 guests attended the event, including envoys from the 11 ASEAN countries and external partners such as Russia, the United Kingdom, Australia, South Korea, and Brazil, senior officials from the ASEAN Secretariat, representatives from mainstream ASEAN media, local university faculty and students, and representatives from Chinese-funded enterprises.

I. A Gathering of Distinguished Guests, Sharing a Common Vision

This marks the first time that Chinese Spring Festival cultural activities have been held at the ASEAN Headquarters. With the deepening of globalization, the traditional festival of Spring Festival is not only a time for family reunions for the Chinese people, but also a new bond for dialogue between different civilizations. The Chinese Spring Festival embodies the philosophy of “harmony and coexistence”, which aligns perfectly with the ASEAN countries’ pursuit of “unity and cooperation”. Furthermore, the sustainable development concept of “rejuvenating the old and welcoming the new” resonates strongly with the ASEAN region’s vision of “common prosperity”.

Kao Kim Hourn, Secretary-General of ASEAN, stated in his video address that over time, the Spring Festival has evolved into a global celebration. Its inscription on the UNESCO’s Representative List of the Intangible Cultural Heritage of Humanity in 2024 underscores the rich significance of this precious human heritage. Within ASEAN, many member states celebrate the Spring Festival, reminding people of the deep emotional bonds that transcend national borders. ASEAN will continue its commitment to fostering a community proud of its identity, actively undertaking the responsibility of protecting, preserving, and creating culture, arts, and traditions, and promoting the development of the cultural and creative industries. As we welcome the Year of the Horse, we hope everyone will embrace the elegance, vitality, and forward momentum that the horse represents, and embark on the new year together with hope, resilience, and unity.

Wang Qing, Chinese Ambassador to ASEAN, stated in his address that the Spring Festival symbolizes reunion, joy, and harmony. Celebrating the holiday together exemplifies the close bonds between the people of China and ASEAN, the integration of our civilizations, and our harmonious coexistence. The China-ASEAN community with a shared future is growing ever closer, demonstrating powerful vitality and setting an exemplary model for building a community with a shared future for mankind. He specifically noted that Guangxi serves as a vital “connection point” and “intersection point” for China-ASEAN friendship, exchanges, and cooperation, functioning as both a “gateway and engine” within the China-ASEAN Comprehensive Strategic Partnership. In the new year, he extended heartfelt wishes for China-ASEAN friendship and cooperation to surge forward like galloping horses, unstoppable in its momentum.

Ambassador Sarah, Permanent Representative of Malaysia to ASEAN, noted in the address that as the Country Coordinator for China-ASEAN Relations, Malaysia has been privileged to witness and foster the flourishing development of the China-ASEAN Comprehensive Strategic Partnership. Cultural celebrations like today’s Spring Festival event vividly demonstrate that our partnership extends far beyond trade agreements and diplomatic protocols. ASEAN and China share a deep, mature, and resilient relationship that will continue to grow and strengthen on the solid foundation of mutual respect, shared interests, and a common vision for peace, stability and prosperity in the region.

Li Pan, Director of the Information Office of the People’s Government of Guangxi Zhuang Autonomous Region, stated in his address that Guangxi is honored to host this event at the ASEAN Headquarters. As the permanent host city of the China-ASEAN Expo, Guangxi serves as an important platform for China-ASEAN economic and trade cooperation and cultural exchanges. Guangxi is working with ASEAN countries to build an artificial intelligence development path of “R&D in Beijing, Shanghai, and Guangzhou + Integration in Guangxi + Application in ASEAN”, and actively creating a new trade chain of “Production in ASEAN + Distribution in Guangxi + Sales in China”. In 2026, Guangxi will work hand in hand with all sectors of ASEAN to forge ahead and strengthen the neighborly bond between China and ASEAN over time.

II. Celebrating the Spring Festival and Savoring the Festive Flavors

The event invited guests from around the world to gather together, celebrating the Spring Festival for the Year of the Horse, savoring the flavors of the Chinese Spring Festival, and appreciating the beauty of the arts. The opening performance, “The Beauty of China: Guangxi’s Zhuang Ethnic Charm”, featured a symbolic dance and connected it with a classic excerpt from the Caidiao Opera “Liu Sanjie”, including the “Antiphonal Song”, creating an artistic masterpiece that blends Eastern poetry with innovative ingenuity. The Chinese instrumental performance, “Chinese Chic Performance for Celebrating the Spring Festival of the Year of the Horse”, featured erhu and suona as the main instruments, playing classic melodies such as the theme song from “Journey to the West” and “Black Myth: Wukong”, converging into a “National Trend IP Music Festival”. When Guangxi ethnic instruments, the maguhu (horse-bone fiddle) and the bolie, met Indonesian gamelan, Chinese and Indonesian musicians jointly performed classics like “Jasmine Flower” and “Folk Songs Like Spring River Water”making the phrase “high mountains and flowing water meet a kindred spirit” more concrete and creating a lasting artistic resonance.

During the event, Guangxi Daily (Guangxi International Communication Center), Guangxi Radio and Television, together with ASEAN media such as TVRI, El John TV, and Harian Inhua, jointly launched the China-ASEAN Spring Festival Short Video Exhibition Week. Using short videos as a link, the event showcased the joyous scenes of China and ASEAN countries celebrating the Spring Festival together from multiple dimensions, inviting netizens around the world to jointly celebrate the Chinese Spring Festival as a global festival through the Internet.

III. Savoring the Cultural Gathering, Welcoming the Prosperous Spring Festival

On the same day, the “Spring Blessings for Success at the Year of the Horse” Chinese Spring Festival Cultural Exhibition and the “Instant Joy Market” Spring Festival Cultural Market were held simultaneously at the ASEAN Headquarters. Guests from various countries experienced the hospitality of “Tea Harmonies the World” through immersive experiences that included playing, appreciating, and tasting, creating “Ancient Charm and Blessings” calligraphy and painting rubbings, admiring the exquisite paper-cutting art, and enjoying a feast of Spring Festival delicacies from all directions.

The most surprising experience for the guests was exploring the smart future using Guangxi’s cutting-edge AI technology. Guests from various countries experienced intelligent translation devices and wore AR glasses, immersing themselves in barrier-free communication and exploring the thousand-year-old legend of the Zuojiang Huashan Rock Art Cultural Landscape. Hardy Chung, a reporter from Harian Inhua, remarked that China’s AI technology not only accurately depicted the beautiful scenery of the Spring Festival but also vividly expressed the touching story of ASEAN and China being connected by mountains and seas and sharing good neighborly friendship, presenting a beautiful picture of cooperation towards the future.

On February 4th, two “Instant Blessings” Pop-Up Events were held at the Halim Station of the Jakarta-Bandung High-Speed Railway and the Mall Central Park in Jakarta, Indonesia, creating a festive atmosphere for the Chinese Spring Festival. Performers from Guangxi presented a variety of acts including song, dance, opera, and puppetry, attracting many locals to participate in interactive activities, join in the “Guangxi Kemusan Dance”, and share the joy of the Spring Festival. Yi Yan, a social media blogger traveling and living in Indonesia, exclaimed, “This year’s Spring Festival atmosphere in Jakarta is different!”

This event attracted more than 20 media outlets, including People’s Daily, Xinhua News Agency, China Media Group, China News Service, TVRI, METRO TV, bolong.id, and Vietnam News Agency to report on the event and widely spread the concepts of peace, amity, and harmony in the Spring Festival to people at home and abroad.

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To expand AI application scenarios and enhance enterprises’ competitiveness, the Hong Kong Productivity Council (HKPC) is hosting the inaugural “AI with HKPC” Smart Solutions Showcase Series, which officially opens today. Professor SUN Dong, Secretary for Innovation, Technology and Industry, HKSAR Government, and the Hon Sunny TAN, Chairman, Hong Kong Productivity Council, officiated at the opening ceremony, underscoring the Government’s and the industry’s shared determination to drive the broader adoption of AI applications. Registration for the event has been enthusiastic, with over 3,000 representatives from the Government, industry, academia and research communities expected to attend, reflecting the “AI for all” trend and strong market demand for digital solutions.

The three-day event focuses on three major themes, including empowering SMEs, digitalised education, and smart property, showcasing nearly 100 ready-to-deploy AI solutions covering diverse scenarios such as operations management, customer interaction, school administration and teaching, and building maintenance. It marks AI’s shift from concept demonstrations to real-world deployment, injecting practical momentum into Hong Kong’s new industrialisation and smart city development.

Professor SUN Dong, Secretary for Innovation, Technology and Industry, HKSAR Government, said: “AI is transforming the world at an unprecedented pace. Hong Kong, with its unique strengths in research foundation, international talent pool and open market environment, provides the ideal soil for advancing the industrialisation of AI. The HKSAR Government has been promoting the development of AI in a comprehensive manner across research, computing power, data, talent and funding. HKPC also actively assists enterprises in mastering AI technologies and enhancing AI governance, not only laying a solid foundation for application by businesses, but also nurturing digitally skilled talent with a vision for the future and driving the continuous upgrading of industries. HKPC has long supported and worked closely with the HKSAR Government in advancing innovation and technology development. Let us continue to work hand in hand and seize opportunities, and jointly propel Hong Kong to become a leading pioneer of smart transformation in Asia”.

The Hon Sunny TAN, Chairman of Hong Kong Productivity Council, said: “HKPC actively responds to the national ’15th Five-Year Plan’ recommendation and fully supports the HKSAR Government’s direction of promoting the deep integration and application innovation of AI across various industries. This showcase aims to build a transformation bridge from ‘seeing’ to ‘doing’, not only demonstrating the broad potential of AI technologies, but also providing actionable and scalable pathways to help enterprises extend pilot projects into full-scale deployment, thereby realising AI-driven industry transformation.” He further noted, “As AI adoption accelerates, robust cyber security protection is the foundation for responsible AI use. According to the latest report from the Hong Kong Computer Emergency Response Team Coordination Centre, local cyber security incidents in 2025 rose by 27% year-on-year, reaching a record high. HKPC will continue supporting enterprises in building a secure and trustworthy AI application environment, so the industry can innovate with confidence and transform with assurance.”

The “AI with HKPC” Smart Solutions Showcase Series focuses on four common pain points enterprises face during AI transformation, which is “integration challenges, insufficient funding, security concerns, and talent shortage”. Guided by the philosophy of “technology as a bridge, industry as the foundation,” HKPC promotes the popularisation and industrialisation of AI applications. Through the showcase, local SMEs can gain deeper understanding of practical AI use cases across business operations, while also accessing a series of technical solutions and services. HKPC’s self-developed multipurpose AI platform “HKPC Picasso,” aims to respond to the “integration challenges” commonly faced by most enterprises in AI transformation, with “ease of use” as the core concept, providing an end-to-end and executable AI transformation support system for the common needs of different industries. It currently offers six large language model (LLM) modules, over 30 commonly used functional modules, and around 40 applications, supporting rapid development and deployment of smart solutions. This significantly lowers development costs and technical barriers, enabling enterprises to deploy and launch customised AI systems within several weeks. The platform makes AI more accessible, empowering SMEs to kick-start smartification transformation with ease.

HKPC also provides AI Governance and Testing Services to help enterprises address “security concerns”. The services cover AI governance framework design, ethics and compliance review, data privacy assessment, AI content and model security testing, as well as enhancements to model transparency, supporting enterprises in optimising AI systems to meet international standards and establishing a sustainable and responsible AI application framework. In addition, to tackle the “talent shortage” pain point, HKPC offers supporting AI-related training courses to strengthen enterprises’ understanding and practical capabilities in AI application. This helps build a solid foundation for AI transformation while ensuring safety, compliance and public trust throughout technological development.

“AI with HKPC” Nearly 100 Hands-on, Ready-to-Deploy AI Use Cases Across Three Themes

1) Empowering SMEs for the AI Era​ Solution Day (5–6 February)

Aligned with the 2025 Policy Address direction of supporting SMEs in digitalisation and smartification transformation, the showcase features five exhibition zones, presenting “ready-to-use, fast-impact, low-barrier” AI solutions such as AI-powered accounting, process automation, intelligent customer service, and collaboration tools. These solutions cover operations, infrastructure, security, marketing and talent management. The showcase also introduces AI applications incubated through the “HKPC Picasso” platform and HKPC’s AI governance services, helping SMEs explore transformation pathways based on their needs.

All solutions are sourced from HKPC’s free platform Digital DIY, which integrates trusted AI solutions from Hong Kong and the Chinese Mainland. Addressing SMEs’ pain points of “limited channels and difficulty in choosing,” the platform provides efficient matching and clear adoption guidance—accelerating transformation and enhancing competitiveness.

2) AI in Education Forum Series & Showcase (5–6 February)

To support the HKSAR Government’s push for digital education and the Education Bureau’s AI for Empowering Learning and Teaching Funding Programme, HKPC co-organises the AI in Education Forum Series & Showcasewith the Education Bureau and Hong Kong Education City, helping schools grasp policy directions, technology solutions and AI teaching planning.

The event features over 60 AI education solutions, including language learning, SEN support and smart assessment, and for the first time centrally showcases 22 projects under the Quality Education Fund (QEF) e-Learning Ancillary Facilities Programme (eLAFP) developed by universities and institutions. The seminar series includes a principals’ forum themed “Achieve More with Less: AI Integration Strategies for Hong Kong Schools,” where primary and secondary school principals share hands-on experience. HKPC Academy will also introduce how schools can leverage Government funding to effectively integrate AI into school-based teaching, learning and administration to improve efficiency.

3) AI Driven Solutions for Smarter Property Sharing Session (9 February)

The AI-Powered Smarter Property Management Sharing Sessionon 9 February will align with the smart building development blueprint under Smart City Blueprint 2.0, as well as the HKSAR Government’s advocacy for deeper AI integration across industries. It aims to help the industry understand emerging AI applications in property management.

The session will feature multiple AI technologies developed by HKPC, including Water Tank Cleaning Robot successfully piloted with Jones Lang LaSalle, Pureland Drone Facade Cleaningwith advantages for high-altitude work safety, Recycling Bin Transporter utilising automation, AI, and sensor technologies, and anAutonomous Wheelchair suitable for elderly and persons with disabilities, demonstrating how innovation can enhance building management efficiency, improve resident experience, and advance sustainable urban development.

Click here to download the high-resolution photos

Photo caption:

1. The Hon Sunny TAN, Chairman of the Hong Kong Productivity Council, delivers a speech at the opening ceremony, encouraging SMEs to adopt AI to enhance competitiveness and operational efficiency.

2. Professor SUN Dong, Secretary for Innovation, Technology and Industry, HKSAR Government, attends the opening ceremony of the “AI with HKPC” Smart Solutions Showcase Series, supporting the popularisation and practical deployment of AI.

3. Mr Edmond LAI, Chief Digital Officer of HKPC, delivers a keynote speech explaining the core value of HKPC’s self-developed multipurpose AI platform “HKPC Picasso” and how it addresses enterprises’ transformation pain points.

4. The officiating move guests and industry representatives take a group photo to witness the grand opening of the three-day “AI with HKPC” Smart Solutions Showcase Series, marking AI’s toward broader adoption and industrialisation.

5. The showcase features multiple AI application solutions tailored for SMEs, covering smart operations, data analytics and customer experience, attracting many industry visitors for exchanges.

Hashtag: #HKPC

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

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: www.hkpc.org/en.

The Honourable Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region, officiated at the forum and expressed, “The country has consistently given strong support to Hong Kong’s development of innovation and technology. Whether in the ’14th Five‑Year Plan’ or in the recommendations for the ’15th Five‑Year Plan’, there is clear support for Hong Kong to develop into an international innovation and technology hub”. He added, “Looking ahead, we will continue to proactively align with national development strategies, promote the deep integration of technological innovation and industrial innovation, and further strengthen the linkage between technology and industry. We will encourage enterprises to devote more effort in research and development, expand the scope of technology applications, and nurture innovative enterprises with an international outlook and forward-looking vision, driving the economy toward a high value-added and more diversified future”.

The Honourable Sunny TAN, Chairman of Hong Kong Productivity Council, said in the closing remarks, “The ’15th Five-Year Plan’ brings significant and far-reaching development opportunities to Hong Kong. At the Political Bureau of the Communist Party of China Central Committee’s recent group study session, President Xi Jinping urged adopting a strategy whereby industry poses questions and science and technology provide the answers. HKPC will continue to play an active role in promoting innovation and industrial upgrading, closely echoing the overall development strategies of the national and HKSAR Government, and making good use of innovative technologies to address business challenges, providing comprehensive support to enterprises to accelerate their upgrading and transformation, enhance their competitiveness, and seize new opportunities”.

Unlocking Hong Kong’s Connectivity Advantages and Gathering Leadership Wisdom

The “ForeSight Visionary Leaders Panel” was held at the day, moderated by Mr Vincent WONG, Columnist and Media Veteran, and invited industry leaders including Ms ZHI Tao, Founder of Beijing Yunji Technology Ltd., Mr WANG Yong Chao, Founder and Chairman of Henan Oriental Materials Company Ltd., Mr Jonathan CHIU, President of Schneider Electric Hong Kong, Mr Peter YAN, JP, Director-General, Office for Attracting Strategic Enterprises of the Government of the Hong Kong Special Administrative Region, and Mr Mohamed D. BUTT, MH, Executive Director of Hong Kong Productivity Council, to share their insights. The topic features three key areas of enterprise going global, technological empowerment and talent development, and delved into the practical experience of how enterprises can achieve innovation-driven and high-quality development under the national “15th Five-Year Plan” through Hong Kong’s role as a “bridgehead”, Chinese brands going international through Hong Kong, Hong Kong’s advantages in technical support and innovative talent gathering, and how it can provide the Chinese Mainland enterprises with a one-stop platform for upgrading and going globally.

Realising the Full Empowerment of Enterprises to “Go Global”

HKPC echoes the national and HKSAR Government’s development strategies to address business challenges and industrial technology needs. Over the years, HKPC has successfully assisted many Chinese Mainland and local enterprises in expanding overseas markets, with many of these expansions implemented in Southeast Asia, Europe, ASEAN and the Middle East, etc., achieving upgrades and internationalisation. In recent years, HKPC and OASES have jointly established an “introduction-application-growth-go global” service model to help enterprises go global, with success cases include Westwell, Yunji Technology, UNISEE, etc. HKPC will continue to work with OASES to leverage the advantages of “Made in Hong Kong” to help enterprises connecting the world through Hong Kong.

Mr Peter YAN, JP, Director-General, Office for Attracting Strategic Enterprises of the Government of the Hong Kong Special Administrative Region, said, “Hong Kong possesses a robust financial system, deep talent pool, and an international environment that integrates with international regulations, standards and operation practices. Coupled with the government’s relevant industry policies and long-established overseas networks, Hong Kong provides unique support for Chinese Mainland enterprises to use Hong Kong as a base to go global, as well as for overseas enterprises to development in the GBA. OASES is dedicated to attracting global strategic enterprises from five strategic I&T sectors, actively aligning with the national 15th Five-Year Plan. We provide comprehensive landing support services and assist enterprises in establishing their ‘first project’ in Hong Kong, fully leveraging Hong Kong’s role as a ‘Super Connector’ and ‘Super Value-Added'”.

At the same time, HKPC, as a member of the GoGlobal Task Force of the HKSAR Government, will continue to focus on providing “Six Tactics to Go Global” for enterprises through “The Cradle Go Global Service Centre” (The Cradle), including smart production, Technology research and development and evaluation, international standards and testing, professional services, training and on-site visits, and funding schemes, to support Hong Kong to leverage its unique advantages and empower enterprises to expand overseas with high quality.

Since its establishment in April, The Cradle has attracted more than 350 companies that have expressed interest in using its services. Among these, over 100 cases have entered a concrete follow‑up stage. Together with overseas expansion projects supported prior to its establishment, the cumulative total exceeds 450 cases.

For more details, please watch the video “Six Tactics to Go Global“.

Bringing the strengths of Government, Industry, Academia, Research and Investment to Build an Innovative Industrial Ecosystem

HKPC has been working closely with the government, industry, academia, research and investment sectors to promote new industrialisation and enhance the new quality productive forces of industries, including:

• The major project led by Harbin Institute of Technology on key technologies and equipment for circular economy: Provide dynamic identification and big data resource pool construction solutions for multi-source solid waste in megaurban agglomerations
• The project led by Jiangsu University on wheat green smart processing and key technology integration and industrialisation demonstration: Provide core technical support such as AI and the Internet of Things
• Tsinghua University: Jointly established a technology centre to focus on the industrial transformation of intelligent manufacturing and AI technology
• Zuquan Research Institute of Fudan University: Signed a cooperation agreement to promote collaboration and transformation of scientific and technological outcomes between Shanghai and Hong Kong

HKPC will continue to promote cross-sectoral dialogue between government, industry, academia, research and investment, focusing on the implementation of future industries and technology applications, and helping to build Hong Kong into a key node in the global I&T value chain.

Click here to download the high-resolution photos

Photo caption:

1. HKPC’s annual flagship event, “ForeSight 2026”, themed “Empowering the Innovation Ecosystem and Bridging Hong Kong with New Opportunities under the 15th Five‑Year Plan,” brought together numerous government and business leaders.
2. The Honourable Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region, delivered a speech as the guest of honour at the “ForeSight 2026”, pointing out that going forward, efforts will continue to proactively align with national development strategies and promote the deep integration of technological innovation and industrial innovation.
3. The Honourable Sunny TAN, Chairman of the Hong Kong Productivity Council and Legislative Council Member, said in his closing remarks that the Productivity Council will leverage innovation and technology to address enterprises’ real pain points, provide all‑round support to help enterprises accelerate their upgrading and transformation, enhance competitiveness, and seize new opportunities.
4. The Honourable Paul CHAN Mo‑po, Financial Secretary of the Government of the Hong Kong Special Administrative Region, GBM, GBS, MH, JP (centre); The Honourable Sunny Tan, Chairman of the Hong Kong Productivity Council and Legislative Council Member (second from right); Mr Peter YAN, JP, Director-General, Office for Attracting Strategic Enterprises (second from left); Mr Emil YU, BBS, JP, Deputy Chairman of the Hong Kong Productivity Council (far right); and Mr Mohamed D. BUTT, MH, Executive Director of the Hong Kong Productivity Council (far left), attended HKPC’s annual flagship event, “ForeSight 2026”.
5. Moderated by veteran media professional Dr. Vincent WONG, industry leaders shared their insights at the “ForeSight Visionary Leaders Panel”.

(From right to left) Mr Peter YAN, JP, Director-General, Office for Attracting Strategic Enterprises; Mr Jonathan CHIU, President, Hong Kong, Schneider Electric Hong Kong; Mr WANG Yong Chao, Founder & Chairman of Henan Oriental Materials Company Limited; Ms ZHI Tao, Founder of Beijing Yunji Technology Ltd.; and Mr Mohamed D. BUTT, MH, Executive Director of the Hong Kong Productivity Council.

Hashtag: #HKPC #Foresight2026

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

About Hong Kong Productivity Council

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

HKPC focuses on addressing business 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: www.hkpc.org/en.

India has set out a strategic roadmap to accelerate domestic capabilities in robotics and physical artificial intelligence, signalling a push to reduce dependence on imported hardware and proprietary software while positioning the country as a competitive global supplier of intelligent machines. The plan, prepared by the Technology Advisory Group for Emerging Technologies, places indigenisation, software sovereignty and sector-focused deployment at the centre of the national approach, with healthcare, manufacturing, logistics, agriculture and media production identified as priority domains.

The roadmap comes as governments worldwide race to translate advances in artificial intelligence into physical systems that can operate autonomously in real-world environments. While software-led AI has seen rapid adoption, policymakers argue that long-term economic and strategic gains will hinge on control over robotics hardware, operating systems and embedded intelligence. India’s proposal reflects concerns that reliance on imported robots and closed platforms could expose critical sectors to supply-chain risks and limit domestic innovation.

At its core, the strategy seeks to build a full-stack robotics ecosystem, spanning sensors, actuators, edge computing, operating software, cloud integration and safety certification. Officials involved in drafting the document have stressed that the objective is not isolation but resilience, with domestic alternatives developed alongside international collaboration. The roadmap calls for common standards and open architectures to prevent vendor lock-in and to allow startups and research institutions to build interoperable systems.

Healthcare has emerged as an early focus area, driven by workforce shortages and rising demand for precision care. The roadmap highlights surgical assistance, rehabilitation devices, hospital logistics robots and elder-care support systems as near-term opportunities. Policymakers note that such applications demand high reliability and ethical safeguards, reinforcing the need for locally controlled software stacks and transparent algorithms. Parallel efforts are proposed to strengthen clinical validation pathways and align regulatory approvals with global benchmarks.

Manufacturing and logistics form another pillar, with the document pointing to collaborative robots, autonomous guided vehicles and smart warehousing as tools to raise productivity and improve workplace safety. India’s manufacturing sector, dominated by small and medium-sized enterprises, has historically lagged in robot adoption due to cost and skills barriers. The roadmap recommends targeted incentives, shared testing facilities and modular designs to lower entry thresholds, alongside large-scale skilling programmes to train technicians, operators and system integrators.

Agriculture features prominently, reflecting policy priorities around food security and rural incomes. The plan outlines the use of robotics for precision spraying, harvesting, soil analysis and post-harvest handling. Developers are encouraged to design systems suited to fragmented landholdings and diverse crops, rather than importing models built for large, mechanised farms elsewhere. Officials argue that domestically developed agricultural robots could also find markets across Asia and Africa, where similar conditions prevail.

An unusual inclusion is the media and creative sector, where robotics and physical AI are seen as enablers of immersive production, automated camera systems and smart broadcasting infrastructure. The roadmap suggests that integrating robotics with virtual production and generative tools could lower costs for newsrooms and studios while enhancing safety in hazardous reporting environments.

Beyond sectoral applications, the strategy places strong emphasis on software sovereignty. It calls for homegrown robotics operating systems, simulation platforms and AI frameworks that can be audited and customised. While global open-source projects are acknowledged as valuable foundations, the document urges sustained public funding to ensure domestic stewardship and long-term maintenance. Data governance and cybersecurity are flagged as critical, particularly for robots deployed in sensitive locations.

Financing and procurement reforms form another strand. The roadmap proposes dedicated funding windows for deep-tech robotics ventures, longer grant cycles to reflect extended development timelines and clearer pathways from research labs to commercial deployment. Public procurement is positioned as a market-shaping tool, with government agencies encouraged to pilot domestically developed robots in hospitals, warehouses and public infrastructure.

The roadmap also addresses ethical and social dimensions, including job displacement concerns and safety standards. Rather than framing robotics as a threat to employment, the document argues that productivity gains can create new roles in design, maintenance and supervision, provided reskilling keeps pace. It recommends national guidelines for human–robot interaction, liability frameworks and continuous monitoring of societal impact.

The findings, based on Carbyne Fitness’ customer data and an online database of personal training enquiries compiled by IFPA Singapore’s personal trainers, point to two fundamentally different approaches to exercise motivation and engagement between men and women.

A Tale of Two Fitness Journeys
The data suggests that men overwhelmingly prefer self-directed fitness, buying equipment such as adjustable dumbbells, benches, and racks for home use. Women, on the other hand, are more inclined toward guided training experiences led by certified professionals.

According to Brian Chang, founder of Carbyne Fitness and IFPA Singapore, this split reveals not just gender preferences, but deeper social and psychological factors shaping how Singaporeans exercise.

“Men often see fitness as something they should be able to handle on their own, like asking for help somehow means they’re not strong enough,” said Chang. “That’s why many men would rather train themselves than work with a coach. Ladies, on the other hand, are usually more open to learning and getting guidance. They see working with a coach not as weakness, but as a smart way to improve safely and effectively.”

The Male Home Gym Boom
The pandemic sparked a surge in home gym investments, and Carbyne Fitness has been at the forefront of this trend. Its adjustable dumbbells and adjustable kettlebells have become popular among working professionals looking to save time and train efficiently at home.

Carbyne Fitness’ customer data revealed that four in five customers are male. “The home gym trend among men is here to stay,” Chang explained. “They appreciate the convenience, privacy, and long-term savings. For many, it’s not just fitness equipment, it’s a personal investment in staying strong and independent as they age.”

However, with about 58% of Carbyne Fitness customers living in HDB flats, 26% in condominiums, and 16% in landed properties, many still hold the misconception that home workouts, especially in smaller HDB or condo spaces, aren’t practical or effective. Landed property owners make up less than 5% of Singapore’s dwellings, yet account for 16% of Carbyne Fitness’ customers.

“One of the most common reasons people give for not buying home gym equipment is that they ‘don’t have the space,'” said Chang. “But in reality, a proper home setup doesn’t need much room; a good pair of adjustable dumbbells and a bench can fit comfortably within just one square meter if you choose the right equipment.”

Why Women Seek Trainers
In contrast, IFPA Singapore’s training enquiries show that a majority of personal training clients are female. Of the 392 Singapore-based individuals who sought personal training, 63% were women, even though men still represent the majority of gym members nationwide.

“This reflects a growing confidence among women to take charge of their fitness journey,” said Chang. “But it also shows that women tend to prioritize safety and proper form. They are more willing to invest in expert guidance rather than risk injury from unguided workouts.”

Many female clients, Chang adds, have goals that extend beyond appearance: postnatal recovery, strength for caregiving, or functional fitness for daily life.

“It’s not just about aesthetics anymore,” he said. “Women are recognizing that strength training builds long-term resilience, both physically and mentally.”

Implications for Singapore’s Fitness Industry
The gender divide uncovered by Carbyne Fitness and IFPA Singapore also points to structural gaps in how Singapore’s fitness ecosystem is organized, particularly the limited avenues for personal trainers to operate independently.

Most commercial gyms and public facilities, including ActiveSG gyms, do not permit outside personal trainers to conduct sessions within their premises. Trainers who are not employed directly by these gyms are often barred from coaching clients on-site, regardless of their certification or insurance coverage.

This restriction limits both consumer choice and career opportunities within the industry. For clients, especially women who prefer guided training but may not want to commit to an expensive gym membership, the policy creates a barrier to accessing affordable, flexible coaching. For freelance trainers, it restricts their ability to build a sustainable practice or serve niche communities such as seniors, postnatal women, or first-time exercisers.

“Many independent trainers tell us their biggest challenge isn’t finding clients; it’s finding space,” said Chang. “There’s a clear demand for affordable, accessible training environments, but the system hasn’t caught up yet.”

As a result, more trainers have turned to parks, void decks, or private studios, and a growing number of clients are exploring home-based personal training, sometimes with only a pair of resistance bands. This shift reflects broader lifestyle preferences: Singaporeans want convenience, privacy, and trust, not just a gym membership.

The study suggests that expanding access to personal training across shared and public fitness spaces could help Singapore move toward a more inclusive, community-driven fitness culture, one that empowers both male and female participants to train safely, confidently, and sustainably at every stage of life.

Volunteering for the Silver Generation
Both Carbyne Fitness and IFPA Singapore are working to build a more inclusive fitness culture through the Silver Strength volunteer program, which runs weekly strength sessions for seniors using resistance bands, adjustable dumbbells, and other small equipment at Active Ageing Centers across Singapore.

The initiative, funded by the National Youth Council, empowers older adults to stay strong, mobile, and independent, while giving volunteers the chance to make a direct impact in their communities.

“Silver Strength is more than fitness. It is about bridging intergenerational gaps and helping seniors live confidently and age with strength,” said Chang.

To sign up as a volunteer, visit getcertifiedpt.com/silver-strength.

About the Study
The gender distribution insights were derived from:

• Carbyne Fitness customer data, representing over 1,000 unique customer interactions across Singapore between January 2024 and September 2025.
• IFPA Singapore’s independent observation of 392 prospective client profiles compiled between October 2025 and December 2025.

While the sample sizes differ, both data sets converge on a clear narrative: Singapore’s home gym market is predominantly male, while personal training demand is female-driven.

The full research can be accessed on https://carbyne.sg/blogs/articles/revealing-the-gender-gap-between-personal-training-and-home-gyms.
Hashtag: #CarbyneFitness

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

About Carbyne Fitness

Carbyne Fitness is a Singapore-based fitness equipment company focused on delivering space-efficient, performance-driven home gym solutions for modern lifestyles. Best known for its space-saving gym equipment such as adjustable dumbbells and foldable treadmills, Carbyne helps professionals, families, and seniors train effectively at home without compromising on quality or safety.

Learn more at: https://carbyne.sg

About IFPA Singapore

IFPA Singapore, operated by Get Certified PT, is the official Singapore operator of the International Fitness Professionals Association (IFPA), delivering internationally accredited personal training education and professional development. IFPA Singapore focuses on producing industry-ready practitioners through competency-based, real-world training.

Learn more at: https://getcertifiedpt.com

Speaking during the engagement, Abdulla bin Touq Al Marri, Minister of Economy of the United Arab Emirates, said air traffic between the UAE and India continues to show strong momentum, with around 1,231 direct flights operating each week between cities in both countries. Those services are spread across multiple carriers and hubs, reflecting the depth of commercial, tourism and people-to-people ties that underpin the aviation relationship.

The scale of connectivity has few parallels globally. The UAE serves as a critical transit and destination market for travellers from India, while Indian cities form the largest single source of international passengers for UAE airports. Industry data indicates that traffic has surpassed pre-pandemic benchmarks on several routes, driven by a rebound in business travel, a sustained flow of expatriate workers, and rising leisure demand in both directions.

Officials discussed measures to ensure that bilateral air services arrangements remain responsive to market realities. Capacity management, slot allocation at congested airports, and coordination on safety and security standards featured prominently. There was also a focus on ensuring that regulatory processes keep pace with airline expansion plans, particularly as carriers introduce new wide-body aircraft and add frequencies to secondary cities.

Bin Touq noted that aviation cooperation has spillover benefits for wider economic engagement, supporting tourism, trade in services and cargo connectivity. Air freight was identified as a growing pillar, with belly-hold capacity on passenger aircraft playing an increasing role in moving high-value and time-sensitive goods, including pharmaceuticals, electronics and perishables.

From the Indian side, officials emphasised the importance of predictable access to UAE hubs for carriers as they scale up international operations. India’s airport expansion programme, which has added new terminals and greenfield airports across several states, is expected to unlock further growth in outbound travel. That expansion has altered traffic patterns, enabling more direct international services from tier-two and tier-three cities, many of which already have links to the UAE.

Airlines operating on the corridor include network carriers and low-cost operators, creating a competitive landscape that has helped keep fares in check while expanding choice. The presence of multiple hubs in the UAE has also diversified routing options, strengthening resilience during peak travel periods and operational disruptions.

Beyond capacity, the talks addressed cooperation on sustainability and workforce development. Both sides acknowledged mounting pressure on the aviation sector to curb emissions and improve fuel efficiency. While sustainable aviation fuel remains limited in supply and expensive, officials discussed the importance of policy alignment, pilot projects and knowledge sharing to accelerate adoption over time.

Training and skills were another area of interest, as airlines and airports face shortages of pilots, engineers and air traffic management professionals. Partnerships between training institutions and recognition of certifications were flagged as practical steps to ease bottlenecks without compromising safety standards.

Technology and digitalisation also featured, with attention on passenger processing, biometric systems and data sharing to improve the travel experience. As passenger volumes rise, authorities are seeking to reduce congestion through smarter border controls and interoperable systems that can be scaled across airports.

The civil aviation dialogue sits within a broader economic partnership that has deepened over the past two years, including trade and investment initiatives across manufacturing, energy and digital services. Aviation remains a visible barometer of that relationship, given its sensitivity to economic cycles and consumer confidence.

The event was officiated by Prof. Timothy TONG, Chairman of the Research Grants Council (RGC); Mr Osher GILINSKY, Vice President for Asia Pacific, Academia and Government, Clarivate; and Prof. Christopher CHAO, Senior Vice President (Research and Innovation) of PolyU, who delivered opening remarks.

Celebrating PolyU’s exceptional research achievements and their far-reaching impacts on society, the Nation and the world, Prof. Tong stated, “The PolyU Research Excellence Report vividly demonstrates its commitment to sustainable development, reflecting the dedication and innovation of its faculty, researchers and students.” Prof. Tong commended PolyU for its effective use of research resources, noting the significant advancements in AI-driven medical breakthroughs, climate solutions and sustainability. He further emphasised the RGC’s ongoing commitment to supporting research that addresses major societal challenges, exemplified by initiatives such as the Research Impact Fund. Additionally, he reaffirmed the RGC’s partnership with universities in strengthening Hong Kong’s status as a global knowledge hub.

Recognising PolyU’s outstanding global research performance, Mr Gilinsky elaborated, “In recent years, PolyU has demonstrated high research productivity in high quality, driving for high impact for the society. PolyU was granted 1,020 patents between 2020 and 2024, the second highest among UGC-funded universities. To enhance research translation, PolyU has formed partnerships with companies including NVIDIA, Huawei and Alibaba. These achievements illustrate PolyU’s international connectivity, diverse disciplinary strengths and strong culture of research translation. Leveraging its strength with the Chinese Mainland resources, PolyU is also accelerating knowledge transfer and identifying emerging areas for discovery, particularly in AI-powered healthcare, sustainable engineering, advanced manufacturing and smart city development—fields where it aims for global leadership.”

Prof. Chao emphasised, “The report is a testament to years of dedicated effort, groundbreaking innovation and the unwavering commitment of the PolyU academic community. In 2025, we are proud to have 21 PolyU scholars named Highly Cited Researchers by Clarivate, while 428 rank among Stanford University’s World’s Top 2% Most-cited Scientists—placing PolyU second among Hong Kong tertiary institutions. Our Strategic Plan 2025/26 – 2030/31, themed ‘Unite to Meet Challenges, Innovate to Benefit Society,’ will further empower PolyU to deliver even more transformative contributions to society.”

Clarivate has been forging continuous collaborations with numerous institutions, including co-authoring the report series The impact of research undertaken by universities in Hong Kong with UGC in 2022. Produced by Clarivate using authoritative data from the Web of Science, the PolyU Research Excellence Report delivers a comprehensive assessment of the University’s overall research performance and achievements, highlighting PolyU’s global leadership in engineering, advancements in powering medical research with emerging AI technologies, and unique contributions to the hospitality, fashion and textile, design and art disciplines that distinguish the University on the global stage.

PolyU’s strengths are exemplified by its leadership in Hong Kong’s research output growth, achieving the highest number of publications among UGC‑funded universities in 2024. Nearly 40% of its outputs are internationally co-authored, while 27% involve QS Top 50 university partners. The quality and impact of the University’s research output are further evidenced by its strong disciplinary performance. In the QS World University Rankings by Subject 2025, seven PolyU disciplines rank in the global Top 30, while, overall, 26 disciplines are listed among the world’s Top 100, underscoring the breadth and depth of the University’s academic excellence across multiple fields.

Following the report launch, the Impact Forum featured a high-level panel discussion on “Innovations and Challenges in Research Evaluation”. The discussion facilitated insightful exchanges between the panel and attendees on evolving approaches to research assessment, the importance of measuring societal impact and strategies for fostering cross-institutional collaboration.

Hashtag: #PolyU #Clarivate #ResearchOutput #AIMedical #Engineering #HongKong

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

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: www.hkpc.org/en.

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.

Beyond policy and technology, the expo is positioned as a commercial platform. Start-ups will have opportunities to pitch to investors, while established companies can seek partnerships or market entry strategies. Organisers have emphasised the importance of connecting global capital with Southeast Asian innovation, particularly as funding patterns shift towards projects with clearer revenue models and regulatory alignment.

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.