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HKSTP Presents ‘Global Connect – Global Innovation Exchange’

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Hong Kong

Novel Network Set Out to Connect I&T Ecosystems
HONG KONG SAR – Media OutReach Newswire – 1 April 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) celebrated the launch of ‘Global Connect – Global Innovation Exchange (GIE),’ a platform that creates a pull for innovation and technology (I&T) ecosystems from the World to Hong Kong, to pour collective efforts into maximising exposure and impact of emerging startups and solutions.

The GIE was designed to bridge for China-HK-International with I&T developments, where year-long international engagement activities are in the works, including a curated series of country-and market-focused networking events, with UK, France, and Germany lined up from April to June, as well as success story sharing sessions, opportunity overviews, and potential partnership projects examinations, building as a two-way gateway enabling overseas innovators leverage the city as a springboard into the vast opportunities in the Greater Bay Area (GBA) opportunities, while supporting companies moving from the Chinese Mainland to Hong Kong and onward to international markets.

Representatives of 17 countries were in presence, apart from local bodies, in supporting the cause that tech ventures are to be introduced to markets overseas, and vice versa. Maurits ter Kuile, Consul General of the Netherlands in Hong Kong and Macao, stated: “Hong Kong is an interesting spot for Dutch companies that are looking to explore the Chinese market. Language, regulations, taxes and an international orientation, are part of the attraction. As a Dutch government body that is looking to support them, we would say that the GIE looks like an appealing concept to give them a leg up.”

Panel discussions on Hong Kong’s unique position on the world stage as a multicultural anchor for the flow of capital in and out of Asia, echoed the notion. Johannes Hack, Chairman of European Chamber of Commerce, said “One of the challenges when setting up a partnership is understanding the other side’s value drivers. Only when you truly match what each side expects can the joint business flourish. Hong Kong is an excellent place to establish common ground and HKSTP is a great partner to support finding a shared vision.”

Terry Wong, CEO of HKSTP, said “We introduced ‘Global Connect – Global Innovation Exchange’ with heart full of confidence that it will bring convergence of all efforts under one platform, so that international networks, delegations, and I&T communities are able to connect better with more seamless access to even broader resources.”

The Network represented not an event, but an enunciation of commitment to contribute in driving an influx of cross-border business matching and investment opportunities, further strengthening the city’s appeal as an international I&T hub, and continuing the momentum of technological advancement in the GBA and beyond.

 

Tech

World’s First Commercial Multimodal LLM for Cultural Tourism Enters Broad Application

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BoGuan

XI’AN, CHINA – Media OutReach Newswire – 29 June 2026 – The world’s first commercial multimodal large language model (LLM) for cultural tourism, called BoGuan, has entered broad application in Xi’an, China. This model generates commercial returns by supporting the creation of digital IP for intangible cultural heritage, the development of cultural tourism applications, and the improvement of short drama production. This is injecting new momentum into both China’s heritage preservation initiatives and the cultural tourism industry.

Xi’an is one of China’s oldest cities and one of its most popular international tourist destinations. Shaanxi Culture Industry Investment Group (SCG) is working with partners like Huawei, China Telecom Shaanxi, and China West Airport Group (CWAG) to promote cultural tourism using digital technologies including AI and 5G-A.For example, BoGuan is used to support a new AI travel companion agent that had been made available to over 4 million users by March of this year.

In September 2025, SCG and Huawei unveiled the BoGuan Large Model, the world’s first commercial multimodal LLM for cultural tourism. It is also China’s first industry-specific model dedicated to the preservation of cultural heritage. This model is built on intelligent computing infrastructure and a high-quality dataset. The dataset has over 1.2 PB of data, including 31 million images, 4.4 million minutes of video footage, 2.18 million minutes of audio recordings, 510 3D models, and 960 million pieces of structured text.

BoGuan can generate highly-accurate multimodal content, such as museum-quality content about cultural relics. This allows it to support the creation of new digital relic presentations, the digitalization and preservation of traditional craftsmanship, and the creation of digital IP for intangible cultural heritage. Zhang Beiyuan, a dough sculpture artisan, said, “With this model, I can complete a dough sculpture that used to take two or three months in less than a week.” BoGuan is also used to create digital IP like the popular cartoon character Tang Biaobiao, which is designed by integrating local cultural heritage elements with the stone carvings of the Six Steeds of Zhao Mausoleum. The sales of related digital collectibles and creative products have exceeded CNY2 million.

In addition to supporting cultural heritage preservation, BoGuan has been used to develop a range of cultural tourism apps, such as AI photography and AI travel companion agent. Visitors can directly talk with this agent on the GO-SHAANXI app to create and adjust travel itineraries and get real-time performance recommendations at attractions. The Zhiying Camera mini program provides paid services that instantly integrate user photos with AI-generated scenes from history, allowing visitors to “travel back to ancient times.” These new consumption options unlock the business value of quality cultural tourism data. Furthermore, SCG is using BoGuan to integrate short drama production with cultural tourism and improve production efficiency and quality in Xi’an, a renowned short drama hub.

Additionally, China Telecom Shaanxi and Huawei have deployed a 5G-A network based on three component carrier aggregation (3CC) technology at Xi’an’s Grand Tang Mall, a popular tourist attraction. The network delivers peak uplink and downlink rates of 600 Mbps and 3.5 Gbps, respectively, about 10 times faster than common 5G networks. During the 2026 May Day holiday, this network supported concurrent access for 23,000 users, guaranteeing smooth video watching and social media experiences. Furthermore, 5G-A-powered HD live streaming at the Grand Tang Mall has become an important way for the attraction to bring in new visitors. According to public data, the average user dwell time of these live streams has nearly doubled and the average transaction value has increased by 62%.

Edric Chu, General Manager of Huawei’s Shaanxi Rep Office, said, “Artificial intelligence is not simply a stack of technologies. It has become a key enabler that can activate thousands of years of cultural heritage, reshape travel experiences, and inject new momentum into the industry. Moving forward, Huawei will continue working with our partners to enhance cultural heritage preservation with digital and intelligent technologies, and stimulate development within the cultural tourism industry.”

 

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Health

Taiwan entrepreneur Time Light Care brings smart elderly care to mainland as silver economy gains ground

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Time Light Care

TIANJIN, CHINA – Media OutReach Newswire – 29 June 2026 – A smart elderly care enterprise branded Time Light Care, based in north China’s Tianjin, has developed a proprietary smart elderly care management platform, drawing on Taiwan’s long-term care experience and riding the momentum of the mainland’s silver economy.

The nursing homes, positioned as “community-embedded, small-to-medium scale, high-quality care” facilities, allow the elderly to stay in familiar surroundings while remaining close to family members.

On the technology front, the company has introduced millimeter-wave radar monitors for completely bedridden residents to track breathing, pulse, and heartbeat in real time, with automatic alerts sent to caregivers’ phones in case of any abnormality.

The company has also introduced accessible vehicles equipped with detachable automatic wheelchairs that go directly to the bedside, helping “suspended seniors”—those who struggle to go downstairs due to the lack of elevators—to go out with dignity.

These industry efforts come as China’s elderly population aged 60 and above reached 320 million by the end of 2025, a figure projected to exceed 400 million by 2035, with the silver economy expected to surpass 30 trillion yuan (about 4.41 trillion U.S. dollars).

In February 2026, an executive meeting of the State Council proposed to promote the expansion and quality improvement of inclusive elderly care service supply, improving a tiered, categorized, inclusive, accessible, urban-rural covering, and sustainable elderly care service system. The series of measures outlined at the meeting charted the direction and identified priorities for better meeting the diverse and multi-level needs of hundreds of millions of elderly people.

“The mainland’s policy support and market scale have created immense opportunities for innovation in senior care,” said Jing Ran, the company’s representative, during an exclusive interview with China News Service. “Having succeeded in starting our business here, we now hope to encourage more young people from Taiwan to come, explore, and develop their careers on the mainland.”

 

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Events

HKSTP Leads Largest-Ever Hong Kong Delegation to BIO 2026 Showcasing Life and Health Tech Strength

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Hong Kong

41 local tech firms, institutes and university spin-offs head to San Diego to forge global partnerships, reinforcing the city’s status as international healthcare innovation hub
HONG KONG SAR/SAN DIEGO, UNITED STATES – Media OutReach Newswire – 24 June 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with InvestHK as co-organiser, the Hong Kong Trade Development Council (HKTDC) as supporting organisation, and five renowned local universities – The University of Hong Kong, The Chinese University of Hong Kong, The Hong Kong University of Science and Technology, The Hong Kong Polytechnic University and City University of Hong Kong – to form the city’s largest-ever delegation of life and health technology innovators to the BIO International Convention 2026 (BIO 2026) in San Diego, from June 22 to 25.

Building on last year’s momentum, the 2026 Hong Kong delegation doubled the size of the Hong Kong Pavilion, expanding to a record of 41 organisations from HKSTP, including partner companies, research institutes, and for the first time with top five universities spin-offs. This landmark presence showcased Hong Kong’s deep strength across AI-enabled biotech, therapeutics, diagnostics, and pharma innovation, with potential outstanding “First-in-Class” and “Best-in-Class” assets. The delegation underscores the city’s leading role as Asia’s largest and the world’s second largest fundraising hub for the biotechnology sector.

Mr. Terry Wong, CEO of HKSTP, said, “BIO 2026 is a premier platform to showcase Hong Kong’s groundbreaking innovation, deepen partnerships, and open new pathways into global healthcare markets. As a super-connector, Hong Kong is uniquely positioned to bridge global innovators with opportunities across Asia and beyond. With strong R&D capabilities backed by world-class universities—five ranked among the QS Top 100, including two with medical schools now placed in the global top 20—Hong Kong’s biotech and medical research excellence is increasingly recognised worldwide. As the city’s innovation ecosystem orchestrator, HKSTP brings together talent, capital, research institutions, clinical partners, and industry leaders to accelerate the journey from discovery to impact. We will continue to empower life and health technology ventures, translating innovation breakthroughs into life-changing solutions that benefit communities around the world.”

HKSTP and Park Companies Advanced in Cross-border Innovation and Market Expansion

A key highlight of BIO 2026 is witnessing the signing of three major strategic partnerships:

LabCentral — HKSTP signed an MOU with one of the largest global non-profit biotech incubators, supporting life sciences startups with high-impact lab infrastructure and scientific community programmes. The collaboration will deepen ties between the U.S. and Hong Kong life sciences ecosystems through startup support, ecosystem engagement, and co-developed programmes, events and strategic initiatives. It will also help connect startups, investors, corporate partners and research institutions, creating stronger pathways for cross-border innovation and commercialisation.

Immuno Cure – the developer of the first-in-human novel therapeutic HIV vaccine ICVAX – announced its collaboration with OPIS, an international Contract Research Organization (CRO), at BIO 2026. Leveraging OPIS’s full-service, multi-country clinical trial expertise and regulatory knowledge, the partnership will support overseas clinical trial execution and establish a global framework to prepare for international expansion.

Zhaoke Ophthalmology signed an MOU with Laboratório Teuto, the first company to produce generic medicines and OTCs (Over the Counter – Prescription Exempt Medicines) in Brazil, to explore cross-border cooperation in ophthalmology. This is Zhaoke’s first strategic MOU in Brazil market. Leveraging its innovative pipeline and Teuto’s commercial network in Brazil, the partnership aims to bring advanced eye care treatments to Latin American patients while demonstrating the globalisation of Hong Kong-born biotech innovation.

Beyond the BIO 2026 Hong Kong Pavilion, HKSTP CEO Mr Terry Wong attended the “Translating Innovation Across Borders: Creating Global Gateways for Biotech Startups” panel sharing session. Mr. Wong shared his insights on cutting-edge biotech trends, Hong Kong’s strengths on life and health tech development, and HKSTP’s role in building a global bridge for nurturing global startup expansion, sustainable innovation and collaboration.

Furthermore, HKSTP and five Hong Kong university delegates visited the Salk Institute, home to six Nobel Laureates during BIO 2026 to explore partnerships and shape global biotech momentum through collaborative platforms. HKSTP, in collaboration with InvestHK as co-organiser, HKTDC as the supporting organisation, and powered by the Hong Kong Economic and Trade Office in San Francisco, hosted a Global Mixer during the exhibition. Industry leaders, incubators, and venture capital firms – including Bayer Pharmaceuticals, Johnson & Johnson Innovation, LabCentral, Roche, Simcere Pharmaceutical, and T.Rx Capital – were invited to join the judging panel for startup pitching sessions. The Pavilion also featured executive sharing and curated networking events for commercialisation, licensing, partnerships, investment and international market expansion.

Global recognition at Biomedical Pitch Competition

In the lead-up to BIO 2026, HKSTP actively drove engagement across the biotech sector and co-organised the 2026 Biomedical Pitch Competition with the Boston Capital Investment Club in Boston on May 23 and 24. Competing against around 170 biotechnology companies worldwide, HKSTP park company Meta Pharmaceuticals (HK) Limited won Third Place for its next-generation autoimmune therapeutics. The recognition underscores the strength of Hong Kong’s biotech pipeline and HKSTP’s commitment to translational medicine, commercialisation and globally scalable healthcare solutions.

HK’s biotech ecosystem rises to another level

Hong Kong continues to expand its global healthcare footprint as the world’s second-largest biotech fundraising hub. As Hong Kong’s flagship innovation and technology ecosystem, HKSTP is home to more than 300 life and health technology companies and helps innovators turn pioneering ideas into real-world impact. Its ecosystem connects capital, talent, infrastructure and market access across the biotech innovation journey.

Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 17,000 research professionals and over 2,500 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.

Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.

Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.

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