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Hong Kong Science & Technology Park

(香港科技園)

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Hong Kong Science & Technology Park
香港科技園
The latest news and analysis about the Hong Kong Science & Technology Parks Corporation, a statutory body which operates several technology incubators, accelerators and research and development bases around Hong Kong. The city's government is the sole shareholder of HKSTP. The HKSTP also operates as a venture capitalist via the HKSTP Venture Fund, which puts money directly into early-stage technology start-ups, as well as co-investing in start-ups with other firms.
Saint Francis University itself will find it difficult to finance another campus in the Northern Metropolis, its president says, as the self-funding institution is already preparing to begin construction of a second campus in Tai Wai. Photo: Dickson Lee
Education in Hong Kong

University calls for government funds for shared sites in Northern Metropolis

Saint Francis University head says authorities should contribute more towards facilities that will be jointly used by institutions in megadevelopment.

John Lee policy address 2026

Hong Kong’s first 5-year plan to give firms more long-term certainty: Paul Chan

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Hong Kong economy

Hong Kong to launch AI training for workers in November with big tech firms

Hong Kong science and tech

Cyberport fills 50% of phase 5 offices with Lenovo among tenants: chairman

Simon Chan also says fintech hub is positioning itself as key driver in city’s first five-year plan by pushing AI development as pillar industry.

The fifth-phase project at Cyberport has been completed. Photo: Dickson Lee
Hong Kong science and tech

In Focus | Hong Kong aims to be a global tech hub, but can it hold on to its young talent?

An increasingly risk-averse culture and a lack of early-stage support may push young start-up founders to look overseas, critics warn.

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Hong Kong economy

CUHK earmarks Pak Shek Kok site for new medical building and 10th college

CUHK president Dennis Lo says new site gives room to expand while warning that high housing costs remain a drag on city’s research sector.

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Hong Kong transport

No public subsidies needed for Pak Shek Kok MTR station: Hong Kong minister

Bernadette Linn says land grants to MTR Corp will reflect project’s full cost and allow rail operator to generate sufficient returns.

The government has agreed to grant the MTR Corp development rights for sites in Pak Shek Kok and Ma On Shan. Photo: Shutterstock
Hong Kong society

Editorial | MTR station near Science Park will serve city’s ‘superconnector’ goals

First floated in 2021, the project is part of Hong Kong’s innovation hub ambitions, and in its revised form will not affect the government’s 10-year housing target.

Hong Kong transport

Pak Shek Kok station on East Rail line scheduled to open as early as 2033

Development Bureau says MTR Corp will be allowed to build private flats at new station, as opposed to previous plan for at least some public housing.

Hong Kong science and tech

Hong Kong Science Park, SenseTime partner to build home-grown AI data centre

Project to be built in three stages, targeting 40,000 petaflops of computing power by 2030 to drive sector’s industrialisation.

Xu Li, chairman and CEO of SenseTime, left, and Terry Wong, CEO of Hong Kong Science and Technology Parks, attend the signing ceremony for the proposed AI data centre. Photo: Sun Yeung
Hong Kong economy

Exclusive | Hong Kong tech park tender targets strong bidders with HK$100m bond rule

Industry leaders say HSITP requirement suggests ‘well-capitalised’ bidders being targeted to eliminate risk of stalled, abandoned projects.

The Hong Kong-Shenzhen Innovation and Technology Park opened last year as a “special jurisdiction” complementing the adjacent 302-hectare Shenzhen site. Photo: Eugene Lee
Hong Kong economy

Opinion | Hong Kong unleashes new growth engine through landmark Central Asia mission

The deals signed during the chief executive’s trip to Kazakhstan and Uzbekistan underscore the potential economic synergy that can be unleashed.

Hong Kong economy

Hong Kong ideal platform for Uzbek firms to spread wings globally, John Lee says

City leader invites Uzbek Prime Minister Abdulla Aripov to be keynote speaker at coming Belt and Road Summit to be held in Hong Kong in September.

What to do in Hong Kong

It’s back – revived TEDxHongKong challenges assumptions and reframes beliefs

Creative director Daniella Lopez explains how the June 20 event – the first TEDxHongKong since 2017 – will address globally relevant issues.

Daniella Lopez is the licence holder and creative director of TEDxHongKong. The 2026 event, to be held on June 20, is titled “Adjust Focus: Look Again”. Photo: TEDxHongKong
Hong Kong economy

Make use of Hong Kong’s advantages, John Lee urges Kazakhstan leaders, companies

Lee meets President Kassym-Jomart Tokayev as delegation seals wide range of partnership deals on first day of Central Asia trip.

John Lee (left) meets the president of Kazakhstan, Kassym-Jomart Tokayev, on the first day of his trip. Photo: ISD
Food and Drinks

5 new cafes and coffee shops to try in Hong Kong in June 2026

From Blue Bottle Coffee’s new branch and Sang Roastery’s airport outpost to a newcomer in Sham Shui Po, here are 5 cafes to stay cool at.

Hong Kong economy

Top industrialist Sunny Chai picked to head firm developing San Tin Technopole

Chai to step down as science park chairman next month before taking on role at new company steering development of innovation and technology hub.

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Artificial intelligence

Hong Kong-Shenzhen tech cooperation gets a boost with Lenovo AI lab in Hetao hub

The Lenovo AI Innovation Lab will help the tech giant’s partners access AI solutions and scale their businesses globally, executive says.

Lenovo is the first multinational tech firm to publicly announce its presence on the Hong Kong side of the Hetao zone. Photo: AFP
China’s private sector

Chinese drug makers take on Western dominance in US$16 billion Parkinson’s race

The future of treating brain diseases could lie in non-invasive technologies, according to Chongqing Haifu Medical Technology.

Hong Kong economy

City to set up company this year to fast-track San Tin I&T hub as firms eye move

Government expects to set up fully owned firm by end of year, with CEO and board appointments set for second and third quarters, official Kevin Choi says.

Hong Kong society

Northern Metropolis to streamline land approval process from 9 to 2 months: sources

New legislation intended to align with newly unveiled 15th national five-year plan and speed up megaproject development.

The Hung Shui Kiu/Ha Tsuen New Development Area in Tuen Mun. Photo: Eugene Lee
Hong Kong science and tech

Fix, don’t fire ‘digital employee’ OpenClaw over security risks: Paul Chan

Finance chief’s remarks follow Digital Policy Office’s advice to government departments to avoid installing AI agent.

OpenClaw functions as a proactive assistant – once permissions are granted, it controls applications, organises files, processes emails, sorts data and executes coding workflows. Photo: Getty Images
Ageing society

Opinion | Hong Kong should see the ‘silver economy’ as a golden opportunity

The city could reframe its ageing trend by working to become a global capital for ‘longevity finance’ and supporting East-West healthcare innovations.

Artificial intelligence

Hong Kong bolsters tech hub ambitions as city hosts global AI summit

Hong Kong’s turn to host a summit under WAIC reflects Beijing’s confidence in the city’s strategic development goals.

Hong Kong healthcare and hospitals

Beijing calls on Hong Kong to take lead in globalising traditional Chinese medicine

China’s health chief Lei Haichao wants the city to be global hub for testing and research, as John Lee vows policy alignment with national goals.

Secretary for Health Lo Chung-mau, Director of the Liaison Office Zhou Ji, Chief Executive John Lee Ka-chiu, Minister of the National Health Commission Lei Haichao, Commissioner of the National Administration of Traditional Chinese Medicine Yu Yanhong, and Zhao Xudong, Director General of the Fifth Bureau of the Hong Kong and Macao Work Office of the CPC Central Committee, at the launch ceremony for the Chinese Medicine Hospital. Photo: Dickson Lee
Hong Kong economy

Opinion | Northern Metropolis can combine best of central planning and free market

Guided by the national five-year plans, the Hong Kong government is changing policies and offering attractive terms for the project.

Illustration: Craig Stephens
CES

US visa denials cast a shadow over Hong Kong’s largest-ever delegation to CES

Hong Kong’s CES delegation includes start-ups from fields of health tech, artificial intelligence and new materials.

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Hong Kong economy

Opinion | With Hetao tech hub, Hong Kong is reimagining its economic future

The city is pivoting towards hi-tech development and greater cross-border integration while committing to innovation ecosystem synergy.

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