News & Stories

The Hong Kong University of Science and Technology (HKUST), Hong Kong Investment Corporation Limited (HKIC), and Gobi Partners (Gobi) today announced the launch of a new strategic fund focused on early-stage start-ups incubated at the University. The Gobi-Redbird Innovation Fund (Gobi-RIF) aims to propel university-born technologies into global markets, bridging cutting-edge academic discoveries with industry-driven scalability to deliver transformative solutions worldwide.

The Hong Kong University of Science and Technology (HKUST) and Sino Group successfully concluded the Hong Kong finale of the "HKUST-SINO One Million Dollar Entrepreneurship Competition 2025" today at the HKUST Clear Water Bay campus. Celebrating its 15th anniversary, the competition this year attracted 348 teams from around the world to compete for awards and exchange innovative ideas to develop practical solutions for a sustainable future. The team Stellerus Technology Limited claimed the top Platinum Award for their Feilian Constellation.The award presentation ceremony was officiated by Deputy Chief Executive Officer Mr. David NG from Sino Group, with HKUST President Prof. Nancy IP and HKUST Vice-President for Research and Development Prof. Tim CHENG in attendance. Finalist teams presented their pioneering projects to a distinguished audience of industry partners, investors, and academic leaders.

The Hong Kong University of Science and Technology (HKUST) and Sino Group today announced the official launch of the finals for the 15th HKUST-SINO One Million Dollar Entrepreneurship Competition. This milestone anniversary features a record-breaking 348 teams from Hong Kong and 22 other countries and regions across five continents, including Australia, the United States, South Africa, the United Kingdom, Japan, India and Kazakhstan, showcasing the competition’s commitment to nurturing the next generation of innovative talents and promote collaboration and idea exchanges between local and international entrepreneurs.

The Hong Kong University of Science and Technology (HKUST) today extended its warmest congratulations to the nation and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) for the exceptional performance in the World Intellectual Property Organization (WIPO) 2025 Global Innovation Index (GII). The "Shenzhen-Hong Kong-Guangzhou" cluster has been ranked the 1st largest innovation cluster in the Global Innovation Index 2025 top 100 ranking, ascending from its previous position and marking a historic achievement. This rise to the top is underscored by exceptional performance metrics, with the cluster filing 2,292 Patent Cooperation Treaty (PCT) applications, publishing 3,775 scientific articles, and securing 135 venture capital deals—all per 1 million inhabitants over the past five years. This data reflects the cluster’s unparalleled growth and dynamic capacity for world-leading innovation.

Once a student from modest beginnings, Terry TSANG is now the CEO of Madhead, a leading mobile game developer. His smash-hit game, Tower of Saviors, has over 23 million downloads worldwide and features collaborations with top animation franchises. Despite his success, Terry remains deeply connected to his alma mater, HKUST. As an Alumnus, Council Member, and Donor, Terry’s devotion to HKUST is unwavering. What he treasures most in his office is a 20-year-old letter from HKUST—reminding him of when the University gave him emergency support during a family tragedy. “My father passed away suddenly during my final year of study,” Terry recalls, holding the letter. “It was devastating, but I’ll never forget how much HKUST supported us during that difficult time. This letter still sits on my desk today.”

Pursuing undergraduate studies in Hong Kong 15 years ago marked the start of a highly rewarding journey for Malaysian native Dr. Nick CHIN Jing-Wei. He not only realized his dream of establishing a technology start-up, but also set up his own family here.

The Hong Kong University of Science and Technology (HKUST) achieved a record-breaking success at the 50th International Exhibition of Inventions Geneva concluding today.   Thirty-seven HKUST teams won a total of 38 awards, including two special grand prizes, 22 Gold Medals (of which seven received Congratulations of the Jury), and multiple Silver and Bronze Medals, showcasing the University’s outstanding performance across different fields including life and health technologies, artificial intelligence (AI) and data science, advanced manufacturing, new energy technologies and aerospace engineering. HKUST outshone other local universities and smashed its own record with this extraordinary haul of awards, reaffirming its status as a powerhouse of creativity and invention.

Standing at the intersection of technology and healthcare, the three visionary HKUST alumni—Dr. Kyle WONG, Dr. Nick CHIN, and Teric CHAN—never underestimate the power of their school-day dreams to safeguard the health of their fellow citizens. With unwavering dedication and innovative spirit, they have poured their hearts and souls into their inventions over the past five years, ultimately giving rise to the world’s first mobile app for contactless pulse rate measurement cleared by the US Food and Drug Administration in 2024. That same year, Kyle and Teric were named on Forbes 30 Under 30 Asia list in the healthcare and science category, gaining global recognition as rising entrepreneurs.