The first phase of Hong Kong’s Hetao innovation hub, a key cross-border initiative under the Northern Metropolis megaproject, has been well received, with two of its wet laboratory buildings fully leased, its chairman has revealed. Permanent Secretary for Innovation, Technology and Industry Kevin Choi Kit-ming, who also chairs the Hong Kong-Shenzhen Innovation and Technology Park…
Hong Kong’s government-backed investment fund is being redeployed to support the city’s sluggish commercial property sector, signaling authorities’ growing willingness to use public funds as a policy tool to steady office valuations and align real estate investment with the city’s industrial ambitions. Attracting foreign institutions, however, might prove challenging. The city’s elevated vacancy rates, looming…
Skyscrapers along the Victoria Habour are illuminated by the afternoon sun in Hong Kong on Sept 15, 2025. (ANDY CHONG / CHINA DAILY) The number of Chinese mainland and multinational companies that have opened offices in Hong Kong rose 11 percent to a record high in 2025, as did the number of start-ups, according to…
Fashion is going all in on AI. As the technology alters how products are made, marketed and sold, there are a growing number of AI-powered startups looking to bring the industry up to speed. In September, The Business of Fashion compiled a list of 18 that are already working with major brands, or are close…
Alta was exactly what Amy Wu Martin was looking for. Last year, Wu Martin, an investor at Menlo Ventures, was searching for a startup that used AI to address the lack of personalisation in online shopping. After being introduced to Jenny Wang and trying out a beta version of her personal styling app Alta —…