Professor Frederick Ma, the newly appointed Chairman of the Hong Kong Trade Development Council (HKTDC), assumed office on 1 June and met with the management team this morning.
Professor Ma said, “It is both an honour and a tremendous responsibility to take up the chairmanship at this juncture of Hong Kong’s economic transformation. While I am delighted to contribute to deepening Hong Kong’s integration into the national development agenda, the unprecedented challenges of our era compel me to remain vigilant in leveraging Hong Kong’s unique roles as a ‘super-connector’ and ‘super-value-adder’.”
“I am confident that through the collective efforts of the HKTDC team, we will strengthen Hong Kong’s core advantages as a global trading and international financial hubs while serving as a bridge linking the Mainland and global markets. Simultaneously, we will proactively explore emerging markets, drive enterprise innovation, sustainable development and digital transformation. This will ensure Hong Kong’s enduring vitality on the global trading stage.”
About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
Bestselling author, internationally acclaimed motivational speaker, and thought leader Mr. Shiv Khera officially launched his latest book “Live While You’re Alive,” at a grand event. The book was unveiled graciously by His Excellency Dr. Shilpak Ambule, High Commissioner of India to Singapore, marking a significant cultural and literary occasion in the city-state. Adding to the occasion’s prestige were eminent personalities such as Mr. Inderjit Singh, former Member of Parliament, and Mr. K. V. Rao, Chairman of Tata Consultancy. The event drew more than 300 distinguished guests comprising dignitaries, business leaders and educators, all eager to engage with Mr. Khera’s inspiring life-changing message.
“Live While You’re Alive” book by Shiv Khera (3rd from L) launched by His Excellency Dr. Shilpak Ambule, High Commissioner of India to Singapore (2nd from L) along with dignitaries and family
During the event, Mr. Shiv Khera spoke passionately about the core themes of his new book, which focuses on how stress, when unchecked, can severely impact a person’s health, wealth, and relationships. He emphasized that Stress handling is not just breathing and meditation. It has a lot to do with ATTITUDE. “This book is not just about achieving success,” said Mr. Khera, “but also about avoiding pitfalls. It is a guide to turning stress into strength and living with purpose”
The book was earlier launched in India by Dr. S. Jaishankar, Hon’ble Minister of External Affairs, Government of India.
With over 15 million copies sold worldwide, including the globally acclaimed “You Can Win,” Shiv Khera continues to inspire individuals and organizations with his messages on attitude, leadership, motivation, and values. His latest book, “Live While You’re Alive (Subtitle – Take a break before you breakdown” offers practical solutions to day-to-day problems.
Key insights from the book:
Stress is both normal and natural
It is unavoidable
It cannot be delegated
If handled properly, it can enhance performance and help achieve new heights
Dr. Shilpak Ambule, High Commissioner of India to Singapore, on launching the book, remarked, “Shiv Khera’s ‘Live While You’re Alive’ is more than just a book—it’s a roadmap to living with purpose and resilience. With his signature inspirational style and practical advice, Khera empowers readers to turn stress into strength and challenges into opportunities. With his signature inspiration style and practical advice, Khera empowers readers to turn stress into strength and challenges into opportunities.”
The supporting partners present for the launch were — TiE, Indian Women’s Association, IIT Alumni Group, KRISTAL.AI (Digital Private Wealth Management), ICAI, Indian Scholars Association, BIJHAR and Lions Home for the Elders. The book launch event was seamlessly executed by Mett.AI, the official event alliance planner and media coordinator.
The event concluded with a dynamic audience Q&A session and a book signing, where attendees had the opportunity to interact directly with Mr. Khera.
About Mr Shiv Khera
Mr Shiv Khera is an author, educator, business consultant, and a much sought-after speaker.He inspires and encourages individuals to realize their true potential. He has taken his dynamic personal messages to opposite sides of the globe, from the U.S. to Singapore. His 40 years of research and understanding has put millions on the path of growth and fulfilment. Over 15 million copies of his books have been sold globally including his international bestseller “You Can Win” in 21 languages. His clients include Lufthansa, HP, DHL, HSBC, Canon, Nestle, Philips, Mercedes, Johnson & Johnson, Metlife, and many more. Tens of thousands have benefitted from his dynamic workshops internationally in over 20 countries and millions have heard him as a Keynote Speaker. He has appeared on numerous radio and television shows. Mr. Khera is the brand ambassador of the Round Table Foundation. He has been honoured by The Lions International and Rotary International. His trademark is: Winners don’t do different things; They do things differently. (https://shivkhera.com/about/)
PropertyGuru, Southeast Asia’s leading property technology company, today launched the latest edition of its real estate awards programme in the Middle East from Dubai, expanding its reach into the region’s thriving markets.
Following a successful debut in 2024, the PropertyGuru Asia Property Awards (Middle East) return for their second edition, providing a widely respected, trusted platform for showcasing the achievements and innovations of developers in the region.
The PropertyGuru Asia Property Awards (Middle East) return for their second edition with the inaugural “Asia Connect: Dubai” launch event
The timeline for the 2025 awards season was revealed today during the “Asia Connect: Dubai” event at the Conrad Dubai Hotel, with distinguished guests and organisers in attendance.
The 2025 PropertyGuru Asia Property Awards (Middle East) programme will conclude in an international luncheon and presentation ceremony at The Athenee Hotel, a Luxury Collection Hotel, Bangkok during PropertyGuru Week in December 2025.
Key dates for the 2025 Awards are:
19 September 2025 – Entries Close
1-3 October 2025 – Site Inspections
17 October 2025 – Final Judging
12 December 2025 – International Luncheon and Awards Ceremony in Bangkok, Thailand
12 December 2025 – Regional Grand Final Gala Dinner and Awards Presentation in Bangkok, Thailand
Enduring global appeal
Asia Connect: Dubai served as an opportunity for stakeholders in the real estate industry to network and showcase the enduring global appeal of properties in the Middle East to investors.
The premier gathering comes as luxury real estate markets like Dubai and Abu Dhabi continue to attract high-net-worth individuals from around the world, according to research by Property Report by PropertyGuru, the official magazine of the Awards. Strategic government initiatives and investor-friendly policies have bolstered property markets and attracted sustained foreign investment into the region.
Asia Connect: Dubai Panel Discussion
A panel discussion, “Opening the Doors for Asian Real Estate Investors in the Middle East,” drew esteemed speakers such as Fiona Juan Wang, senior manager for training and development at DAMAC Properties; Lavin Nalinababu, director for business consultancy at HLB HAMT; and Stephen Oehme, director of Quantum Analysis Pte Ltd Singapore and member of the PropertyGuru Asia Property Awards (Middle East) judging panel.
Mr Jules Kay, the general manager of PropertyGuru Asia Property Awards, giving his speech about ‘Gold Standard’ in the region’s real estate.
Jules Kay, general manager of PropertyGuru Asia Property Award and Events, was also in attendance, reiterating the programme’s pursuit of excellence in 2025.
He said: “We are happy to introduce the PropertyGuru Asia Property Awards to the Middle East to showcase one of the world’s most dynamic property markets to discerning investors and property seekers across Asia. With its appealing economic profile, attractive lifestyle choices, and developers’ commitment to considering the environment, Middle Eastern property offers far more than pure investment. This year, we aim to raise the standard of real estate in a region already defined by excellence, with its ambitious skylines, megaprojects, and sustainability goals. Through the Awards, we encourage the innovators, pioneers, and leaders of this aspirational property market to showcase their towering achievements to the rest of Asia.”
Coco Liu, chief growth officer of HLB Global, came on behalf of the award-winning network of independent professional accounting firms and business advisers.
Leveraging upon its experience in monitoring award systems around the world, HLB is entrusted with overseeing the entire judging process of the PropertyGuru Asia Property Awards (Middle East). Working with organisers of the PropertyGuru Asia Property Awards, HLB HAMT will supervise the selection process and ensure its fairness, transparency, and credibility.
Informing property seekers
With an expanded roster of categories for 2025, the PropertyGuru Asia Property Awards (Middle East) are poised to inform property seekers in other Asian countries of more choices in quality real estate.
New categories include Best Township Developer; Best Community Developer; Best Mega Township Development; Best Completed Mixed Use Development; Best Oceanview Condo Development; Best Oceanview Housing Development; Best Multigeneration Living Condo Development; Best Multigeneration Living Housing Development; Best Renovated Residential Development; Best Renovated Commercial Development; and Best Smart Commercial Development.
The PropertyGuru Asia Property Awards (Middle East) are part of the PropertyGuru Asia Property Awards series. Established in Thailand in 2005, the series marks its 20th edition this year, with a presence now spanning 13 countries and counting across Asia Pacific.
Winners of this year’s Awards in the Middle East may qualify to compete for the Best in Asia titles at the 20th PropertyGuru Asia Property Awards Grand Final in Bangkok in December 2025. Last year, Oud Real Estate Company triumphed with the Best Mixed Use Developer (Asia) title at the 19th PropertyGuru Asia Property Awards Grand Final, following wins during the inaugural PropertyGuru Asia Property Awards (Middle East).
The 2025 PropertyGuru Asia Property Awards (Middle East) are supported by official property portal PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.
In 2025, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during PropertyGuru Week in December 2025.
PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 31 million property seekers2 to connect with over 50,000 agents monthly3 to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 17 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets.
(1) Based on SimilarWeb data between January 2024 and June 2024. (2) Based on Google Analytics data between January 2024 and June 2024. (3) Based on data between April 2024 and June 2024. (4) Based on data between January 2024 and June 2024.
CONTACTS:
General Enquiries: Richard Allan Aquino, Head of Brand & Marketing Services M: +66 92 954 4154 E: allan@propertyguru.com
Media & Partnerships: Piyachanok Raungpaka, Senior Media & Marketing Services Executive M: +66 94 887 5163 E: piyachanok@propertyguru.com
Core clients and order fulfilment support higher top-line performance, Short-term margin impacted by one-off, upfront expenses for new project
Key Financial Performance Highlights for Q3FY2025:
Group’s total revenue for the quarter jumps to RM75.1 million, with e-mobility and energy storage segments as primary contributors, followed by electronics
Performance for the quarter supported by prompt execution of outstanding orders from FY2024 and progress on new scopes secured within existing client base
Both PBT and PAT stand at RM3.2 million for the quarter under review
GP, PBT, PAT, and PATAMI margins recorded at 11.6%, 4.3%, 4.3% and 1.1% respectively
Technology leader in providing turnkey, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD(Genetec or the Company), today announced its financial results for the third quarter ended 31 March 2025 (Q3FY2025). The Company reported a jump in their revenue to RM75.1 million, on par with the preceding year-on-year revenue levels, supported by the delivery of outstanding and new orders across its core client base. Gross Profit (GP) for the quarter came in at RM8.7 million with both profit before tax (PBT) and profit after tax (PAT) at RM3.2 million, and profit after tax and minority interests (PATAMI) at RM0.8 million. GP, PBT, PAT, and PATAMI margins stood at 11.6%, 4.3%, 4.3% and 1.1% respectively.
While the Q3FY2025 revenue marked a return to revenue levels previously seen in FY2024, profit margins and PAT for the quarter fell compared with the previous quarter’s PAT of RM6.3 million. The Company noted that this was due to several deliveries in the quarter involving new scopes which involved one-off, non-recurring expenses. Genetec expects margin to normalise in upcoming quarters.
Managing Director and Co-founder of Genetec, Chin Kem Weng commented, “Our top-line performance reflects a pickup in project execution and a healthy pipeline on the back of our ongoing client engagement. The margin dip this quarter is temporary, contributed by one-off expenses tied to the new project scopes and are not recurring. As such, we are confident that we will see a recovery in the margins in the coming quarters as project maturity and margin discipline for the new scopes improve. Genetec’s focus remains on deepening our partnerships with clients in key sectors like electric vehicle (“EV”), automotives, and energy storage, while we continue to seek meaningful diversification.”
Amid the ongoing shifts in global trade dynamics and supply chain strategies, Genetec sees structural tailwinds supporting its growth trajectory. As manufacturers reassess production footprints and strengthen operational resilience, there is an upward demand for flexible, cost-competitive and reliable high-quality automation solutions. Genetec’s Malaysia-based production model, combined with a proven international track record, deep technical expertise, and agile manufacturing capabilities, positions the Company well to support clients adapting to these changes.
The Company remains focused on deepening its engagement with existing customers while exploring opportunities to broaden its client base. In addition to pursuing new scopes within existing clients’ operations, Genetec has actively participated in several international exhibitions and industry events in recent months, which have generated encouraging business leads. These engagements mark early steps toward potential entry into new industries and segments, in line with the Company’s longer-term strategy to diversify and grow.
Genetec is also actively managing its current production load while progressing its EPIC plant expansion, scheduled for completion in early 2026. The new facility will significantly increase floor space and technical capabilities, supporting Genetec’s ability to deliver on multiple high-value projects simultaneously.
“We remain focused on timely order execution, quality and cost control, and supporting our clients in a rapidly evolving industrial and technological environment. With steady project momentum, a growing base of client engagements, and strategic expansion into new sectors, we are cautiously optimistic about the road ahead. We believe Genetec is well-positioned to build on this foundation for long-term growth,” Chin concluded.
With ongoing execution across key client projects and growing interest from new industries, Genetec continues to position itself as a trusted global partner in automation.
About Genetec Technology Berhad Genetec Technology Berhad is a public listed company on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104) and a global leader in providing customised, turnkey smart factory automation solutions. With a strong international footprint, it serves a diverse range of industries including electric vehicle (EV), e-mobility and energy storage, automotive, hard disk drives (HDD), consumer electronics, appliances, and pharmaceuticals.
MODONG Coffee, a leading global health and wellness brand, is proud to announce its sponsorship of G-DRAGON 2025 WORLD TOUR [Übermensch] IN TAIPEI, presented by KGI FINANCIAL GROUP, taking place on July 11 (Fri.) and July 13 (Sun.) at the Taipei Arena. As the Official Sponsor, MODONG Coffee brings an innovative fusion of “Music × MODONG Energy” to create an immersive audiovisual experience for fans. This collaboration marks a strategic milestone in MODONG Coffee’s youth-centric expansion, advancing its “IP + Scenarios + New Retail” ecosystem.
As one of Asia’s most influential music IPs, G-DRAGON’s upcoming tour, themed “Übermensch”, symbolizes his groundbreaking interpretation of art and self-expression. As an Official Sponsor, MODONG Coffee joins forces with Samsung, ADATA Technology, and other brands to deliver an immersive experience, seamlessly blending stunning visuals with exceptional music for the audience.
As the flagship product of Star Plus Legend’s new retail business, MODONG Coffee has established a leading position in China’s bulletproof drink market since its launch in 2019 with its differentiated product positioning. According to China Insights Consultancy, MODONG coffee has ranked first in the bulletproof drink market by GMV in the PRC for five consecutive years (2020-2024). As of 2024, the cumulative sales of MODONG coffee have reached 100 million cups. That same year, MODONG brand and its products earned multiple prestigious certifications, including “a high profile brand in Jiangsu province” and “the iSEE list of top 100 innovative brands”, further solidifying its market competitiveness.
Additionally, MODONG Coffee has deeply integrated with the phenomenal variety show IP “J-Style Trip”, achieving “traffic-to-sales conversion” through celebrity-driven marketing and scenario-based campaigns. This strategy drove a 360% year-on-year sales surge in its debut year, propelling Star Plus Legend’s net profit to soar 233% YoY. To meet evolving consumer demands, MODONG Coffee underwent a brand upgrade in 2025, launching the MODONG MAGIC series—Sicilian Lemon Coffee and Cactus Black Coffee—under the concept “A Cup On-the-Go: Crafting Magic for Healthy Living”. The brand aims to pioneer a new MODONG lifestyle rooted in low-carb diets and scientific fitness, fostering healthier habits and redefining the relationship between nutrition and wellness. To amplify brand influence, MODONG MAGIC became the exclusive title sponsor of “J-Style Trip Season 3”. The show has aired nine episodes to date, dominating CSM71-city provincial satellite TV ratings with nine consecutive time-slot No.1 rankings. It generated 298 trending topics and over 2.9 billion impressions across platforms, igniting widespread social engagement.
The support for the “G-DRAGON 2025 WORLD TOUR [Übermensch] IN TAIPEI, presented by KGI FINANCIAL GROUP” represents a key step in MODONG Coffee’s strategic layout of combining “healthy trendy beverages + entertainment.” By leveraging G-DRAGON’s global fan appeal and the high popularity of the concert, the brand aims to further expand its influence in the Asia-Pacific market — marking a significant leap for MODONG Coffee from product to brand, and from local to global.
Looking ahead, MODONG will remain sharply focused on Gen Z consumers, engaging them through health, music, fashion, and digital art to strengthen its youth-oriented identity. Powered by AI-driven IP innovation, the brand is poised to accelerate the fusion of digital technology and the real economy.
– Over 1,000 investment and business matching meetings lined up underscoring Hong Kong’s role as a healthcare investment hub
– ASGH brought together more than 2,900 participants from 42 countries and regions – Medical Fair attracted some 13,000 buyers from 57 countries and regions – The two flagship events together resulted in over 390 deal-making sessions and more than 660 business matching meetings – Collaboration agreements were signed during the events, covering areas including patient care, diagnostic solutions, innovative medical devices, and medical imaging
The fifth Asia Summit on Global Health (ASGH) and the 16th Hong Kong International Medical and Healthcare Fair (Medical Fair), both organised by the Hong Kong Trade Development Council (HKTDC), have drawn to a successful close. As flagship events of International Healthcare Week (IHW), both ASGH and the Medical Fair brought global healthcare stakeholders together, including government officials and organisations, research pioneers, investors, and business leaders. ASGH attracted over 2,900 participants from 42 countries and regions, while the Medical Fair received some 13,000 buyers from 57 countries and regions. Over 390 one-on-one deal-making sessions and more than 660 business matching meetings were arranged, facilitating over 1,000 high-quality collaborations and connections. The IHW continues to foster global exchange and cooperation, putting a spotlight on Hong Kong’s vast potential in healthcare investment and trade, and reinforcing its position as a regional leading medical hub.
Dr Peter K N Lam, Chairman of the HKTDC, said: “The Asia Summit on Global Health and the Hong Kong International Medical and Healthcare Fair concluded with outstanding results driving new collaborations and investments, and injecting new momentum into the healthcare industry. The events brought together leaders across government, business, academia, and investment to tackle today’s healthcare challenges, highlighting Hong Kong’s unique advantages as an international innovation and technology hub under its ‘eight centres’ positioning, actively advancing medical technology, connecting global innovation resources, and paving the way for a healthier and more inclusive future.”
Over 80 industry experts shared insights on healthcare development The two-day ASGH, jointly organised by the HKSAR Government and the HKTDC under the theme ‘Fostering Global Collaboration for a Shared Future’, focused on a wide spectrum of topics including public health, medical technology breakthroughs, healthy ageing and global business and investment collaboration. The event featured more than 80 speakers comprising government officials and organisations, research pioneers, investors, and business leaders from around the world, all contributing valuable insights to advance global well-being.
Prof Lo Chung-mau, Secretary for Health of the HKSAR Government, delivered a keynote speech during the Plenary Session I: Shaping a More Equitable and Sustainable Health System. Other distinguished speakers, including Dr Wu Xiaobin, Vice President of China Pharmaceutical Innovation and Research Development Association; Martin Taylor, Representative to China, World Health Organization; Prof Nancy Ip, President of the Hong Kong University of Science and Technology; and Frédéric Rimattei, Special Envoy for International Affairs of the President of French University Hospitals National Association, shared their insights on tackling global healthcare challenges, offering inspiration for the international healthcare community.
In Plenary Session II: Fostering Global Collaboration for a Shared Future, speakers engaged in a lively discussion on trends in global healthcare collaboration. Among them was Ambassador George Hara, Group Chairman and CEO of DEFTA Partners and former Special Advisor to the Cabinet Office of the Prime Minister of Japan, who remarked that more advanced technology and new government regulations are needed to reach a compromise between companies’ profits and patients’ needs.
During the Dialogue with Global Pioneer in Health session,Prof John Hardy, Chair of Molecular Biology of Neurological Disease of UCL Queen Square Institute of Neurology, shared his latest research findings and advanced developments in Alzheimer’s disease.
The summit co-organised sessions under the overarching theme, Shaping the Future of Healthcare, with the Hong Kong University of Science and Technology for the first time. The discussion focused on the potential of AI in healthcare and how innovation could drive breakthroughs in the field. Dr Alex Ng, President of Tencent Healthcare, commented: “One uniqueness of tech companies is that they can be easily distracted by the latest thing. But you do need companies with patience and perseverance to stay in healthcare and make it work.” ProfGraham Cooke, Vice-Dean (Research) Medicine of Imperial College London, also noted that embedding patient needs into healthcare systems is critical, as many innovations fail in translation due to a lack of this focus, with universities playing a key role as innovation drivers.
In Beyond ‘Healthy China 2030’: Driving Health Innovation, speakers explored opportunities in the mainland healthcare market. Marc Horn, Executive Vice President of Merck and President of Merck China, highlighted the two-phase approach of “China for China” followed by “China for the globe”, emphasising healthcare collaboration to develop advanced treatments for global benefit. Dr Zhang Lianshan, Executive Vice President of Jiangsu Hengrui Pharmaceuticals Co., Ltd., stated: “We would like to see our health innovation have realisation of its value, not only in China, but also outside of China. That is why we are talking about Globalisation, where we can achieve maximum value.”
With growing global attention on healthy ageing, the summit introduced a dedicated Silver Health Chapter. A highlight was the thematic session titled Surfing the Silver Tsunami: Advancements in Geriatrics and Longevity Technology, where Prof Jean Woo, Director of Chinese University of Hong Kong Jockey Club Institute of Ageing, Prof James L. Kirkland, Director of Cedars-Sinai’s Centre for Advanced Gerotherapeutics, and fellow experts explored both the challenges and opportunities posed by ageing populations. Prof Jean Woo highlighted that rapid population ageing is reshaping the global healthcare and socioeconomic landscape. As a city with one of the world’s longest life expectancies, Hong Kong must take early action to strengthen elderly care policies and better allocate health resources. Prof James L. Kirkland also noted that geriatricians ultimately aim to help patients with multiple illnesses reduce medication use while treating their conditions more effectively, enhancing their overall quality of life.
Over 390 deal-making sessions and cooperation agreements open new global opportunities A key feature of the summit was the ASGH Deal-Making session, which facilitated one-on-one meetings both online and offline, aiming to connect investors and projects in the healthcare sector from around the world to promote global collaborations. Investment projects spanned pharmaceuticals, medical devices and diagnostics, smart healthcare, and community health and wellness and more than 390 one-on-one meetings were successfully arranged for angel investors, venture capitalists, corporate venture arms, private equity firms and family offices.
The summit facilitated the signing of cooperation agreements, such as those between Gleneagles Hospital Hong Kong and Emerging Viral Diagnostics, and a tripartite collaboration with PanopticAI and SmartCare, HKSH Medical Group and United Imaging Healthcare, China Resources Guangdong Pharmaceuticals and Hong Kong Medtech Association, Hugobiotech and Bridgeway Healthcare Technology, Canossa Hospital and KA Imaging, and others. These agreements covered diverse healthcare areas, including patient care, diagnostic solutions, innovative medical devices, medical imaging and more. Under the tripartite collaboration agreement between Gleneagles Hospital Hong Kong, PanopticAI, and SmartCare, the integration of PanopticAI’s camera-based vital signs monitoring technology and SmartCare’s patient-centered consultation platform will be implemented into Gleneagles clinic in the future.
In addition to its discussion sessions, the summit also featured the ASGH Business Hub, showcasing more than 170 innovative technology companies related to the healthcare industry from 13 countries and regions, including the mainland (Shanghai and Xiamen), Australia, and Thailand, presenting projects and solutions across key areas such as medical innovation, smart healthcare, AI, big data, telemedicine, and cybersecurity. Zhong Wei, Co-founder of Mitrassist Lifesciences, joined the Shanghai Pavilion and said that ASGH helped them bring non-invasive medical monitoring technologies to Southeast Asia, Africa, and other Belt and Road Initiative countries.
Medical Fair Drives Industry Innovation and Fosters Business Collaboration The Medical Fair, organised by the HKTDC and co-organised by the Hong Kong MedTech Association, was held alongside ASGH. The Association—formerly known as the Hong Kong Medical and Healthcare Device Industries Association—held a renaming ceremony during the fair, showcasing the deep integration of medical technology and the industry.
The fair brought together some 300 exhibitors from 13 countries and regions, featuring first-time pavilions from the United Kingdom, Thailand and Israel, along with debut exhibitors from Singapore, Germany, Italy and Luxembourg. In addition, seven local universities, over 30 innovative technology companies at the Hong Kong Science and Technology Parks pavilion, and more than 20 medical enterprises brought by the Hong Kong MedTech Association participated. The Hong Kong Council of Social Service also participated in the fair for the first time. Under the theme Innovations Boosting Smart Health Experience, the exhibition spotlighted three major areas: MedTech, GeronTech and green solutions, with many exhibits featuring applications of AI.
Many exhibitors and buyers successfully expanded their networks and forged new partnerships at the exhibition. Among them was Hong Kong exhibitor Eieling Technology, a company founded to commercialise research outcomes from the Hong Kong Polytechnic University. The firm showcased its non-invasive liver examination technology, which utilises transient elastography technology. Co-founder and CEO Xiaojia Jia noted that only about four companies worldwide possess this technology, making it a major draw for buyers. “During the exhibition, we received intention orders worth several million Hong Kong dollars from mainland China, Hong Kong, Indonesia, and Thailand, involving around ten devices. This is our third year participating, and we’ve observed a significant rise in buyers’ professionalism during our discussions. We look forward to exhibiting again next year.”
Karel Lee, CEO of Neoneco from Korea, sourced innovative medical products at the fair with a minimum budget of USD100,000 and he has already identified RhinoCare, an exhibitor from the Israeli pavilion, for its nasal decongestion device, and is also interested in a medical examination device from a Hong Kong exhibitor. Lee stated, “The exhibition allows us to meet with exhibitors face-to-face, build trust, and accelerate the decision-making process. The HKTDC’s Click2Match platform also facilitated efficient business matching. I have already connected with ten exhibitors, and another twenty reached out to me after learning about my sourcing needs. This is one of Asia’s premium medical sourcing events, and we will definitely return next year.”
Beyond business deals, insightful forums were arranged during the Medical Fair to give inspiration to industry buyers. These included The Latest Development of Regulatory Collaboration on Medical Devices in the Greater Bay Area, The MedTech Nexus of the Greater Bay Area, co-organised with the Hong Kong MedTech Association, and Fostering Silver Economy, Leading Quality Elderly & Rehabilitation Care Practices, co-organised with the HKCSS. These forums attracted a strong attendance and offered valuable insights into healthcare. Selected sessions are available for replay on the Fair’s website for extended engagement.
This year’s Fair continued to adopt the EXHIBITION+ hybrid model. Global exhibitors, industry professionals, and buyers could make use of the Click2Match and explore sourcing opportunities via HKTDC Sourcing (hktdc.com Sourcing). Click2Match will remain available until 4 June.
About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
– Asia Summit on Global Health and Medical and Healthcare Fair open concurrently – Global healthcare leaders gather in Hong Kong to forge new collaboration opportunities
– The Asia Summit on Global Health (ASGH) gathers over 80 government officials and organisations, research pioneers, investors, and business leaders to explore international collaboration on medical technology, silver health, and healthcare systems. A dedicated “Silver Health Chapter” debuts this year to spotlight the ageing population. – Renowned speakers include Prof John Hardy, the “father of Alzheimer’s disease genetic studies”; Dr Victor Yosef Melt Campos, Chair (2024-2025) of APEC Health Working Group and General Director of International Cooperationat the Ministry of Health of Peru; and Martin Taylor, Representative to China of the World Health Organization. They will share insights on the latest developments in medical innovation. – The Hong Kong International Medical and Healthcare Fair (Medical Fair) focuses on MedTech,GeronTech, and green solutions, featuring the latest medical health devices, products, and solutions including many AI-powered innovations. – The Medical Fair has attracted some 300 exhibitors from 13 countries and regions. Participating with pavilions for the first time are Israel, Thailand, and the UK, along with debut exhibitors from Singapore, Germany, Italy and Luxembourg.
International Healthcare Week (IHW), organised by the Hong Kong Trade Development Council (HKTDC), officially opened today. One of its flagship events, the fifth Asia Summit on Global Health (ASGH), takes place today and tomorrow (26 and 27 May) at the Hong Kong Convention and Exhibition Centre (HKCEC). Under the theme Fostering Global Collaboration for a Shared Future, the summit brings together more than 80 healthcare leaders and experts from around the world to explore the future direction of the industry and collaboration opportunities. Another flagship event, the 16th Hong Kong International Medical and Healthcare Fair (Medical Fair), also kicks off today (26 to 28 May), and features some 300 exhibitors from 13 countries and regions, showcasing cutting-edge MedTech, GeronTech, and green solutions, including many AI-powered innovations, to foster global industry collaboration.
The ASGH opened with welcome remarks delivered by HKTDC Chairman Dr Peter K N Lam. “The global health sector is currently facing challenges, including a resurgence in infectious diseases, coupled with the growing needs of an ageing population and ongoing health equity concerns. These issues demand urgent attention and collective action to protect communities worldwide. Now in its fifth edition, ASGH is a key event for the global healthcare industry, and we are proud that connections made through ASGH have enabled many new investments and collaborations in healthcare innovation. Alongside ASGH, the Hong Kong International Medical and Healthcare Fair is taking place. There, you will find the latest HealthTech solutions from around the globe, with a particular focus on hospital equipment, rehabilitation, elderly care and biotech. As anchor events of the International Healthcare Week, ASGH and Medical Fair highlights Hong Kong’s commitment to working with partners to nurture an innovative health and medical sector,” Dr Lam said.
In his opening speech, Hong Kong SAR Chief Executive John Lee said: “Under the theme of “Fostering Global Collaboration for a Shared Future”, this summit reaffirms Hong Kong’s pivotal role as a leading health innovation hub in the region. Under the “one country, two systems” principle, Hong Kong enjoys unique connectivity with both Mainland China and the world. As the world’s freest economy and one of the top three international financial centres, we offer an efficient, open and fair business environment with robust intellectual property protection. We maintain free flows of information, capital, goods and talent. We are also emerging as a leading hub for scientific innovation, technological advancement and world-class education.”
Prof Cao Xuetao, Vice-Minister of the National Health Commission of the People’s Republic of China, gave special remarks, noting: “China continues to open up and welcomes leading foreign-owned hospitals into the market through investment or joint ventures. We hope that our global partners can further localise and upgrade their mid-to-high-end products, resulting in win-win outcomes for all.”
Additionally, Dr Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO), delivered remarks at the opening session via video link and stated, “The theme of ASGH could not be more appropriate given the challenges facing global health at the moment. The WHO Pandemic Agreement has been adopted recently. It was negotiated over the past three and a half years and shows a true spirit of international collaboration for global health. By working together, we can build a healthier, safer, and fairer world for all.”
Global industry leaders gather to explore opportunities for international collaboration Today’s Plenary Session I: Shaping a More Equitable and Sustainable Health System, featured keynote remarks by Prof Lo Chung-mau, Secretary for Health of the HKSAR Government, and Feng Haicang, Level I Bureau Rank Official of Department of Consumer Goods Industry, Ministry of Industry and Information Technology of the People’s Republic of China.
Prof Lo Chung-mau, stated: “A sustainable health system requires talents and enough healthcare manpower. While the Government has been addressing the issue of manpower shortage through a multipronged strategy, by increasing the number of intakes for local universities and admitting qualified non-locally trained healthcare workers, the 2024 Policy Address announced that the Government supports the plan to establish a third medical school. Indeed, Hong Kong has already hosted two top 30 world class medical schools but we have the ability and the need to develop the third one which shall adopt an innovative strategic positioning in pursuit of complementary development with the two existing ones.”
The session was moderated by Prof Tsui Lap-chee, Chairman of the University of Hong Kong Foundation for Educational Development and Research, focused on key issues faced by healthcare systems in addressing global challenges. Distinguished speakers included Martin Taylor, Representative to China of the WHO; and Prof Nancy Ip, President of the Hong Kong University of Science and Technology. They shared valuable experiences and forward-looking insights to inspire the global healthcare field.
Prof Nancy Ip noted: “Universities are more than academic institutions. They are global connectors, neutral platforms, and also engines of innovation, uniquely positioned to bridge divides between disciplines, industries, and also nations.”
Distinguished international speakers of Plenary Session II: Fostering Global Collaboration for a Shared Future included Ambassador George Hara, Group Chairman and CEO of DEFTA Partners and former Special Advisor to the Cabinet Office of the Prime Minister of Japan. They jointly explored trends in global healthcare collaboration, injecting new ideas into constructing a more synergistic global healthcare landscape.
The summit invited Prof John Hardy, known as the “father of Alzheimer’s disease genetic studies”, Chair of Molecular Biology of Neurological Disease of UCL Queen Square Institute of Neurology, to share his outlook on future research and treatment of neurodegenerative diseases such as Alzheimer’s in the Dialogue with Global Pioneer in Health session.
Prof John Hardy remarked: “For Alzheimer’s treatment, I think that two changes can happen quite quickly: improvements in earlier diagnosis, and development of drugs that bypass the blood vessel-based amyloid. What we want to do with drugs is slow decline. If we understand what underpins that decline, it gives us targets, and we’re very excited by some of the findings in that area now.”
“Healthy China 2030” serves as the national blueprint for healthcare policy development in Mainland China. In the session Beyond “Healthy China 2030”: Driving Health Innovation, Dr Zhang Lianshan, Executive Vice President, Jiangsu Hengrui Pharmaceuticals Co., Ltd.; and Marc Horn, Executive Vice President of Merck and President of Merck China, explored opportunities in the mainland healthcare market, analysing emerging trends in China’s healthcare innovation ecosystem to open new pathways for international collaboration with other speakers.
Diverse topics converge with forward-looking insights and the Silver Health Chapter explores new business opportunities For the first time, the summit co-organised two thematic sessions with the Hong Kong University of Science and Technology under the overarching theme Shaping the Future of Healthcare. Speakers included Prof Graham Cooke, Vice-Dean (Research) of Faculty of Medicine at Imperial College London. They focused on the potential of AI in the medical field, sharing with participants how innovative technologies are driving new breakthroughs in healthcare. Additionally, sessions on Peeking into the Future of Gene and Cell Therapies and Women’s Health in Focus were also closely aligned with global medical development trends.
Continuing today’s in-depth dialogues, more exciting sessions will be presented tomorrow. For the first time, the summit will feature a Silver Health Chapter focusing on addressing the challenging ageing societies. Speakers including Prof James L. Kirkland, Director of Cedars-Sinai’s Centre for Advanced Gerotherapeutics, will gather at tomorrow morning’s session Surfing the Silver Tsunami: Advancements in Geriatrics and Longevity Technology to delve into how to address the challenges brought by an ageing population, analysing future development trends and potential investment opportunities in the silver economy market.
Furthermore, globally renowned speakers will be present tomorrow to share their valuable experiences and insights. Wyman Li, Chief Operating Officer of HKSH Medical Group; Prof Karim Asehnoune, President of National Committee for Public Hospital Research (CNCR), and other speakers will analyse how to promote the sustainable development of the healthcare industry through collaboration among different stakeholders in the session, Reinventing the Business of Healthcare through Partnerships. Prof Xu Hongxi, Distinguished Professor and Honorary Dean of Shanghai University of Traditional Chinese Medicine and other guests will discuss the latest developments and commercial potential of integrating Chinese and Western medicine in the session The Convergence of Chinese and Western Medicine in Global Health. Sessions on The Next Wave of Innovations in Neuroscience, Data-driven Healthcare Transforming Patient Journey and The Changing Face of Cancer will also be held tomorrow.
A global platform for healthcare resource matchmaking to foster opportunities for innovative collaboration In addition to thematic discussions, the summit also aims to bridge global collaboration among participants. For example, the ASGH Deal-making facilitates one-on-one meetings both online and offline, aiming to connect investors and projects in the healthcare sector from around the world to promote global collaborations.
The summit has established the ASGH Business Hub, which brings together more than 170 innovative technology companies and award-winning projects from 13 countries and regions, including the mainland (Shanghai and Xiamen), Australia, and Thailand. The InnoHealth Showcase serves as a platform to explore business opportunities and innovative solutions and highlights more than 70 healthcare start-ups and projects led by the Innovation and Technology Commission, Cyberport, and six local universities. The showcase is structured around four key categories: pharmaceuticals and therapeutics, AI and Digital Health, medical devices and diagnostics, and community health and wellness. As part of the “Silver Health Chapter”, some of the showcased projects address the challenges of an ageing population, including early blood tests for Alzheimer’s disease, demonstrating cutting-edge capabilities and market potential in elderly healthcare.
Integrating global innovations to showcase the future of healthcare The Hong Kong International Medical and Healthcare Fair also opened today, organised by the HKTDC and co-organised by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA). Under the theme Innovations Boosting Smart Health Experience, this year’s Fair focuses on three key areas: MedTech, GeronTech and green solutions, featuring the latest medical health devices, products, and solutions.
In the field of MedTech, UK exhibitor London Medical Exchange (Booth No: 3F-H15) presents a fully automated AI-powered patient monitoring system designed to improve patient care, transforming healthcare from reactive to proactive. Meanwhile, C2iTech (Booth No: 3F-G04), established by a research team from the School of Public Health at The University of Hong Kong, showcases a Respiratory Organoid Platform (ROP). By analysing nasopharyngeal or throat saliva samples from individuals, the platform predicts their likely response to respiratory virus infections, enabling more precise and personalised treatment by healthcare professionals.
In the GeronTech segment, Medmind Technology (Booth No: 3F-G04), from the Hong Kong Science and Technology Parks Corporation (HKSTP) Pavilion, introduces an app for cognitive impairment assessment. The tool allows middle-aged and elderly users to play digital mahjong and other games, with AI used to assess their cognitive status and offer personalised brain training, helping prevent and detect early signs of cognitive decline. The system can also monitor patient conditions over time.
The Hong Kong Council of Social Service (HKCSS), participating in the fair for the first time, is showcasing a range of GeronTech and related products, covering areas such as rehabilitation and mobility assistance, cognitive impairment support for patients and carers, and smart home solutions. HKCSS is also introducing its GeronTech education and rental services, along with its online platform that enables the public to learn about and hire GeronTech equipment. Users such as the elderly, people in rehabilitation, and carers can try out products, and rent or purchase them as needed, with support from a cross-disciplinary professional team. Through the Medical Fair, HKCSS aims to attract collaboration with other businesses to expand its services and benefit a wider segment of the community.
For green solutions, MassPhoton (Booth No: 3F-H18), also from the HKSTP Pavilion, presents an ultraviolet disinfection system that combines semiconductor and smart control technologies, delivering more efficient and energy-saving disinfection for air, water and surfaces.
This year’s Medical Fair has attracted some 300 exhibitors from 13 countries and regions. Participating with pavilions for the first time are Israel, Thailand, and the UK, along with debut exhibitors from Singapore, Germany, Italy and Luxembourg. Highlighting Hong Kong’s strength in medical innovation, seven local universities, over 30 innovative technology companies at the HKSTP pavilion, and more than 20 medical enterprises brought by the HKMHDIA are participating.
The exhibition features a range of thematic zones, including Biotechnology, Hospital Equipment, Rehabilitation and Elderly Care Products, and Start-up and HKMHDIA zones. Highlight exhibits include AI-powered rehabilitation systems, portable ultrasound diagnostic systems, and smart hospital robots, demonstrating the frontiers of medical and healthcare technology.
During the Medical Fair, there will be forums, seminars and networking receptions. Two forums focused on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) healthcare sector will take place tomorrow. The morning forum titled The MedTech Nexus of the Greater Bay Area, which is co-organised with the HKMHDIA, will feature industry experts sharing insights on intellectual property strategies for biomedical innovation, ways to integrate resources for GBA market development, and successful experiences in promoting medical technology in the GBA. The afternoon forum titled The Latest Development of Regulatory Collaboration on Medical Devices in the Greater Bay Area will bring together experts from the Greater Bay Area Centre for Medical Device Evaluation and Inspection of National Medical Products Administration, the Medical Device Division of Department of Health, and SGS-CSTC Standards Technical Services Co., Ltd., to explore the latest developments, administrative systems and regulations in relevant fields, promoting cross-regional regulatory collaboration and fostering innovation through idea exchange.
Using the HKTDC EXHIBITION+ hybrid model, global exhibitors, industry professionals, and buyers can continue business matching via the Click2Match smart business matching platform until 4 June, encouraging more cooperation.
Aside from ASGH and the Medical Fair, IHW also features the Hospital Authority Convention, among many other industry events.
– Asia Summit on Global Health and Medical and Healthcare Fair run concurrently
– The 5th Asia Summit on Global Health launches new Silver Health Chapter, focusing on innovations in anti-ageing and enhancing healthcare for the elderly. – The 16th Hong Kong International Medical and Healthcare Fair serves as a comprehensive platform to foster global collaborations, attracting some 300 exhibitors to showcase cutting-edge medical technologies, gerontechnology and green solutions.
The fourth International Healthcare Week (IHW), coordinated by the Hong Kong Trade Development Council (HKTDC), will take place from 26 May to 15 June. The IHW’s flagship events, the Asia Summit on Global Health (ASGH), jointly organised by the HKSAR Government and HKTDC, will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) on 26 and 27 May while the Hong Kong International Medical and Healthcare Fair (Medical Fair), organised by the HKTDC and co-organised by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA), will run concurrently from 26 to 28 May, highlighting Hong Kong’s position as a leading regional healthcare hub.
Margaret Fong, Executive Director of the HKTDC, said: “As a global hub for medical innovation, Hong Kong serves as both a ‘super-connector’ and a ‘super value-adder’, driving regional collaboration to advance healthcare innovation and foster new quality productivity in biopharmaceutical technologies. At the same time, there are pressing global public health challenges, such as an ageing population and the rising prevalence of chronic diseases, which are intensifying healthcare demand. To address these challenges, the industry is actively embracing innovative technologies to upgrade and transform the healthcare sector. This year’s ASGH introduces a dedicated Silver Health Chapter, with both ASGH and the Medical Fair highlighting healthy ageing and elderly health innovations. The HKTDC will continue to serve as a platform for cross-sector collaboration supporting industry-academia-research partnership in fields including biotechnology, digital healthcare, and smart elderly wellness. We look forward to bringing together local and global experts, investors, enterprises, and institutions through ASGH and Medical Fair, injecting new vitality into the Asian healthcare industry and shaping the future of the medical sector.”
Global expertise shapes the future of healthcare Themed Fostering Global Collaboration for a Shared Future, the 5th ASGH reaffirms Hong Kong’s pivotal role as a leading MedTech hub in the region. Through diverse elements such as the ASGH Business Hub, ASGH connects global healthcare innovators, investors, and project owners on a single platform, acting as a catalyst for potential partnerships. Government officials and organisations, research pioneers, investors, and business leaders from the global healthcare sector will also share insights on industry trends and explore collaboration opportunities among Hong Kong, Mainland China, and global enterprises in healthcare investment and innovation.
Dr Peter K N Lam, Chairman of the HKTDC, will deliver welcome remarks, while John Lee, Chief Executive of the HKSAR will give opening remarks, and Prof Cao Xuetao, Vice-Minister of the National Health Commission of the People’s Republic of China, will give special remarks on the first day of ASGH.
The first session of the ASGH Plenary Sessions will commence on the opening day and focus on building a more equitable and sustainable healthcare system and explore how innovative policymaking and strengthened international collaboration can foster healthcare systems that are both resilient and inclusive to address emerging global health challenges. Prof Lo Chung-mau, HKSAR Government’s Secretary for Health, will deliver the special remarks and will be joined by an esteemed panel of speakers, including Prof Tsui Lap-chee, Chairman of the University of Hong Kong Foundation for Educational Development and Research; Prof Nancy Ip, President of the Hong Kong University of Science and Technology; Mr Frédéric Rimattei, Special Envoy for International Affairs of the President of French University Hospitals National Association; Dr Wu Xiaobin, Vice President of China Pharmaceutical Innovation and Research Development Association; and Mr Martin Taylor, Representative to China of World Health Organisation.
At the second plenary, speakers will examine how global stakeholders can collaborate to navigate the current economic and healthcare innovation landscape while identifying new investment and market opportunities in the health sector. The session will be chaired by Mr Victor Chu, Chairman & CEO of First Eastern Investment Group, featuring Ambassador George Hara, Group Chairman and CEO of DEFTA Partners; Prof Ng Siew-chien, Croucher Professor in Medical Sciences and Associate Dean (Research) of Faculty of Medicine of the Chinese University of Hong Kong; Dr Hiroaki Ueno, Representative Director of Mitsubishi Tanabe Pharma Corporation and Dr Prem Kumar Nair, Group Chief Executive Officer of IHH Healthcare Berhad.
During the Dialogue with Global Pioneer in Health session, Prof John Hardy, Chair of Molecular Biology of Neurological Disease of UCL Queen Square Institute of Neurology, will share his insights on his groundbreaking work on emerging therapeutic approaches to neurodegenerative diseases. Prof Hardy was awarded the Breakthrough Prize and received the Brain Prize for “groundbreaking research on the basis of Alzheimer’s disease”.
Inaugural Silver Health Chapter: Navigating ageing’s challenges & opportunities Amidst the global demographic shift toward ageing populations, this year’s ASGH proudly inaugurates a dedicated “Silver Health Chapter” aimed at critically examining the multifaceted challenges and transformative opportunities presented by ageing societies. On the second day, a session titled Surfing the Silver Tsunami: Advancements in Geriatrics and Longevity Technology, will bring together experts including Prof Jean Woo, Director of CUHK Jockey Club Institute of Ageing of the Chinese University of Hong Kong; Dr Donald Li, Chairman of Elderly Commission; Dr Alexandra Bause, Co-Founder & Venture Partner of Apollo Health Ventures; Mr Olivier Dessajan, General Manager of China Merchants Colisée; Prof James L. Kirkland, Director of Center for Advanced Gerotherapeutics of Cedars-Sinai; and Dr Sanja Tomovska, Founder and CEO of Quant Biomarkers. This distinguished assembly will present groundbreaking developments in geroscience, while critically evaluating emerging investment paradigms within the global longevity economy.
On the same day, global industry leaders will convene for a dedicated session titled The Next Wave of Innovations in Neuroscience, examining cutting-edge advancements and emerging trends in neurological science, including novel therapeutic approaches for Parkinson’s disease and related disorders. Concurrently, the InnoHealth Showcase will feature healthcare investment projects specifically designed to address the needs of ageing populations, presenting data-driven approaches to mitigate the challenges of demographic ageing.
During ASGH, Ms Anita Ou, Managing Director and Head of Enterprise Banking of HSBC; Dr Kenneth Tsang, Regional Chief Executive Officer of IHH Healthcare North Asia and Chief Executive Officer of Gleneagles Hospital Hong Kong; Prof Zhang Weixiong, Associate Director of Academy for Interdisciplinary Research (PAIR) of The Hong Kong Polytechnic University; Dr Sarah Salvilla, Group Chief Health Officer of FWD Group, will share their insights on achieving “Healthy China 2030,” the high quality development of the healthcare industry, data-driven healthcare, and new collaborative models for the healthcare sector. ASGH will also address trending topics in the healthcare industry, including the prospects of gene and cell therapies, women’s health, the convergence of Chinese and Western medicine, cancer treatment, orphan drugs, and rare diseases.
ASGH, in collaboration with the Hong Kong University of Science and Technology, will host two sessions under the overarching theme “Shaping the Future of Healthcare”. These sessions will focus on the potential of artificial intelligence in the medical field and how innovative technologies can drive breakthroughs in healthcare. Featured speakers include Dr Alex Ng, President of Tencent Healthcare; Prof Graham Cooke, Vice-Dean (Research) of the Faculty of Medicine of Imperial College London; Prof Chen Hao and Prof Bonnie Zhu, Assistant Professors of the Hong Kong University of Science and Technology.
ASGH deal-making bridges investors and project owners The ASGH deal-making facilitates one-on-one meetings both online and offline, aiming to connect investors and projects in the healthcare sector from around the world to promote global collaborations. Participating investors represent a diverse range of backgrounds, including angel investors, venture capital, corporate venture capital, private equity, family offices and more. Investment interests span pharmaceuticals, medical devices and diagnostics, AI and digital health, and community health and wellness.
The ASGH Business Hub features more than 170 innovative technology companies from 13 countries and regions, including dedicated pavilions from the mainland (Shanghai and Xiamen), Australia, and Thailand. The InnoHealth Showcase area highlights more than 70 healthcare start-ups and projects, many of which have received awards, and is led by the Innovation and Technology Commission in collaboration with six local universities and Cyberport.
Medical Fair facilitates industry collaboration Themed as the Innovations Boosting Smart Health Experience, the 16th Medical Fair will be held from 26 to 28 May, and welcomes some 300 exhibitors from 13 countries and regions. In addition to pavilions and exhibitors from Hong Kong, Mainland China, Taiwan, Japan, Korea and Hungary, there are also pavilions from Israel, Thailand, and the United Kingdom participating for the first time, along with debut exhibitors from Germany, Italy, Luxembourg and Singapore..
The Medical Fair serves as an excellent platform for professionals worldwide, encompassing research and development institutions, manufacturers, public healthcare organisations, hospitals, clinics, distributors, and healthcare practitioners. This event facilitates the establishment of global business connections and provides valuable insights into the latest trends in the healthcare industry. The exhibition features the HKMHDIA Pavilion, as well as Biotechnology, Hospital Equipment, Rehabilitation and Elderly Care Products, and Startup zones.
This year’s Medical Fair highlights three major areas: cutting-edge medical technologies, gerontechnology, and green solutions, featuring the latest medical health devices, products, and applications, with a particular emphasis on medical diagnostics, innovations in smart hospitals, and digital health solutions.
One exhibitor will showcase a solution that uses advanced computer vision and artificial intelligence to analyse data from patients with facial paralysis and swallowing difficulties. By matching patients with the most suitable rehabilitation programmes from a database of more than 400 training exercises, the solution provides therapists personalised treatment suggestions to refine and adopt. Another exhibitor introduces medical-grade digital therapy solutions for cognitive impairments, leveraging AI to assess patient conditions and deliver customised rehabilitation programs. Further innovations include a handheld medical device for cervical examinations, which analyses cervical tissue to aid in the detection and prevention of preterm births.
The Hong Kong Council of Social Service will make its inaugural participation at the Medical Fair, presenting age-friendly technologies and products including rehabilitation and mobility aids, cognitive impairment support systems, and smart home innovations. Additionally, other exhibitors will showcase sustainable products, such as eco-conscious eating bibs crafted from recycled plastic bottles and biodegradable medical trays.
The Medical Fair features a strong line-up of leading research and academic institutions, including seven local universities, over 30 innovative technology companies at the Hong Kong Science and Technology Parks Corporation (HKSTP) pavilion, and more than 20 medical enterprises brought by the Hong Kong Medical and Healthcare Device Industries Association (HKMHDIA). The event will actively promote innovation and collaboration across government, industry, academia, research and investment sectors.
Multiple activities will be held during the Medical Fair to help industry professionals expand their knowledge of the latest market information. The HKMHDIA Medical Fair Forum themed “The MedTech Nexus of the Greater Bay Area” features industry experts sharing their insights on topics such as intellectual property protection strategies for biomedical innovation, cross-border financial solutions for medical enterprises, the development of cross-border health data, and successful experiences in promoting medical technology in the Greater Bay Area.
“The Latest Development of Regulatory Collaboration on Medical Devices in the Greater Bay Area” seminar will bring together representatives from the Greater Bay Area Center for Medical Device Evaluation and Inspection of the National Medical Products Administration, the Department of Health, and industry leaders to discuss the latest developments, administrative systems, and regulations.
Using the HKTDC EXHIBITION+ hybrid model, the physical fair from 26 to 28 May is complemented by the Click2Match smart business matching platform, via which buyers can extend their sourcing journey from 19 May to 4 June.
Aside from ASGH and the Medical Fair, IHW also features the Hospital Authority Convention, among many other industry events.
About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
– 59 MoUs and announcements facilitated to enhance HK’s role as superconnector and super value-adder
– A delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region, visited Kuwait as part of a broader high-level visit to the Middle East – The delegation explored the Middle Eastern market and supported high-quality Belt and Road cooperation while promoting Hong Kong’s unique role as a superconnector and super value-adder – A total of 59 MoUs and announcements were facilitated during the mission, cultivating deeper partnerships between Hong Kong, the mainland, Qatar, and Kuwait
A business delegation led by Mr John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), and organised by the Hong Kong Trade Development Council(HKTDC) visited Kuwait City on 12-15 May, successfully concluding a five-day mission to Qatar and Kuwait.
A total of 59 MoUs and announcements were facilitated during the mission with the aim to cultivate deeper partnerships and create new opportunities for synergy between Hong Kong, the mainland, Qatar, Kuwait and the broader Middle Eastern market. The mission also successfully enhanced collaboration between Hong Kong and the mainland, enabling mainland companies to partner with Hong Kong businesses to expand into the Middle East and beyond.
Over the past few days, the delegation, comprising over 50 business leaders from Hong Kong and enterprise representatives from seven mainland provinces and cities, explored the Middle Eastern market and supported high-quality Belt and Road cooperation while promoting Hong Kong’s unique role as a superconnector and super value-adder.
During the visit to Kuwait, 24 memoranda of understanding (MoUs) and announcements were facilitated in trade and investment promotion, finance, law, transport and logistics, innovation and technology (I&T), agriculture, education and sport.
The delegation met with senior executives and key members of the Kuwait Investment Authority (KIA), conglomerate Bukhamseen Group Holding and the Kuwait Chamber of Commerce and Industry (KCCI) to discuss investment opportunities and potential collaborations.
The delegation also met with several representatives from the Kuwait Direct Investment Promotion Authority (KDIPA) to gain an in-depth understanding of the operations of Kuwait’s free trade zones. The meeting explored potential cooperation opportunities in areas such as logistics, manufacturing, distribution, and technology.
The delegation visited the Sheikh Abdullah Al Salem Cultural Centre to gain a comprehensive overview of Kuwaiti history, culture and achievements.
To foster cooperation, the Hong Kong Economic and Trade Office (HKETO) and Hong Kong Trade Development Council (HKTDC) organised a high-level business luncheon, which was attended by some 270 business leaders and key officials.
Concluding the Middle East mission, Mr Lee said the delegation, comprising Hong Kong and mainland business leaders, had achieved three key objectives: 1. To strengthen government-to-government relations; 2. To find new areas of collaboration; and 3. To make friends, and expand networks. “Over the past four days, I have observed that both Qatar and Kuwait are experiencing rapid development, supported by substantial investment and continually expanding economies. In meetings with leaders and officials, I appreciated their forward-looking vision and understanding of Hong Kong’s unparalleled advantages under ‘one country, two systems’ as a bridge between the mainland and the world. As Middle Eastern countries seek diversification of risk and look for opportunities in China and the Hong Kong SAR to join the tide of the global economic shift towards the East, Hong Kong has boundless opportunities.”
He pointed out that this visit will elevate the relationship between Hong Kong and Qatar and Kuwait to a new level, bringing more business opportunities to Hong Kong, and noted, “We will continue to strive to explore new opportunities and frontiers for Hong Kong.”
Dr Peter K N Lam, Chairman of the HKTDC, said: “Over the past few days, we engaged in high-level government and business meetings, hosted business luncheons and visited key development projects in Qatar and Kuwait. We explored how Qatari and Kuwaiti businesses can leverage Hong Kong’s advantages in finance, innovation and technology and professional services to advance intiatives in finance, energy transformation and smart infrastructure projects, contributing to the Qatar National Vision 2030 and Kuwait Vision 2035.”
“Following the visits, the HKTDC will continue to invite business leaders from the Middle East to visit Hong Kong. We welcome them participating in our international events, such as the Belt and Road Summit and Asian Financial Forum to explore opportunities in Hong Kong, Mainland China and beyond,” Dr Lam added.
24MoUs and announcements were facilitatedin Kuwait by the government and the following members of the delegation: 1.Invest Hong Kong and Kuwait Direct Investment Promotion Authority (KDIPA) 2.Agriculture, Fisheries and Conservation Department and Marine Science Centre of Kuwait University (Announcement) 3.Agriculture, Fisheries and Conservation Department and Public Authority of Agriculture Affairs and Fish Resources (Announcement) 4.Hong Kong Customs and Excise Department and Kuwait General Administration of Customs (Announcement) 5.Airport Authority Hong Kong (AAHK) and Kuwait Airways (Announcement) 6.Belt and Road General Chamber of Commerce and Kuwait Chamber of Commerce & Industry (KCCI) 7.Federation of Hong Kong Industries (FHKI) and Kuwait Chamber of Commerce & Industry (KCCI) 8.Hong Kong General Chamber of Commerce (HKGCC) and Kuwait Chamber of Commerce & Industry (KCCI) 9.Hong Kong Trade Development Council (HKTDC) and Kuwait Chamber of Commerce & Industry (KCCI) 10.Hong Kong Trade Development Council (HKTDC) and Kuwait Direct Investment Promotion Authority (KDIPA) 11.Sports Federation & Olympic Committee of Hong Kong, China and Olympic Council of Asia 12.The Chinese Manufacturers’ Association of Hong Kong (CMA) and Kuwait Chamber of Commerce & Industry (KCCI) 13.The Law Society of Hong Kong and Kuwait Bar Association 14.Financial Services Development Council (FSDC) and Capital Market Authority in Kuwait (CMA) (non-delegate) 15.City University of Hong Kong and Ministry of Higher Education 16.City University of Hong Kong and Kuwait University 17.Templewater and Blue Ocean Company 18.Deloitte China and Baoye Hubei Construction Engineering Group Co., Ltd 19.Deloitte China and PCI Technology Co., Ltd 20.HSBC and PCI Technology Co., Ltd 21.HSBC and Meetsocial Group 22.Templewater and Shanghai Westwell Technology 23.Templewater and Shanghai Fengling Renewables Co., Ltd 24.Dongchao Information Technology (Shanghai) Co., Ltd and Kuwait Direct Investment Promotion Authority (KDIPA)
Earlier during the mission, 35 MoUs and announcements were facilitatedin Qatar: 1.Federation of Hong Kong Industries (FHKI) and Qatar Chamber of Commerce & Industry (QCCI) 2.Hong Kong General Chamber of Commerce (HKGCC) and Qatar Chamber of Commerce & Industry (QCCI) 3.Hong Kong Tourism Board (HKTB) and Qatar Airways 4.Hong Kong Trade Development Council (HKTDC) and Invest Qatar 5.Hong Kong Trade Development Council (HKTDC) and Qatari Businessmen Association (QBA) 6.Hong Kong Trade Development Council (HKTDC) and Qatar Chamber of Commerce & Industry (QCCI) 7.Hong Kong Trade Development Council (HKTDC) and Qatar Financial Centre (QFC) 8.The Chinese Manufacturers’ Association of Hong Kong (CMA) and Qatari Businessmen Association (QBA) 9.The Hong Kong Associations of Bank and Qatar Chamber of Commerce & Industry (QCCI) 10.The Law Society of Hong Kong and Qatar International Center for Conciliation and Arbitration (QICCA) 11.The Law Society of Hong Kong and Qatar Lawyers Association 12.Financial Services Development Council (FSDC) and Qatar Financial Centre (QFC) (non-delegate) 13.Hang Seng Indexes Company Limited and Qatar Financial Centre (QFC) 14.MTR Corporation Limited and Qatar National Bank 15.Belt and Road General Chamber of Commerce and Luyi Industrial Park 16.Hong Kong Productivity Council and Shanghai Westwell Technology 17.Hong Kong Productivity Council and EHang Intelligent Equipment (Guangzhou) Co., Ltd 18.Bank of China (Hong Kong) and Shanghai Westwell Technology 19.Baoye Group and Luyi Industrial Park 20.Deloitte China and Glodon Technology Co., Ltd 21.Deloitte China and WeBank 22.HSBC and PCI Technology Co., Ltd 23.HSBC and Meetsocial Group 24.Standard Chartered and Fosun International 25.Templewater and WeBank 26.Center International Group Co., Limited and Luyi Industrial Development QFZ 27.Luyi Industrial Park and Qatar Development Bank 28.Goldford Group and WeBank and Klickl Technology L.L.C. 29.Development Bureau and Public Works Authority ‘Ashghal’ of Qatar 30.Invest Hong Kong and Qatar Chamber of Commerce & Industry 31.Invest Hong Kong and Qatari Businessmen Association (QBA) 32.Department of Justice and Ministry of Justice of the State of Qatar (Announcement) 33.Hong Kong Customs and Excise Department and Qatar Customs (Announcement) 34.Security Bureau (Announcement) 35.Trade and Industry Department and Ministry of Commerce and Industry of the State of Qatar (Announcement on progress of IPPA’s negotiation)
About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.
Valuufy, a pioneering value measurement startup, has been selected by a global tech powerhouse and member of the ‘Magnificent Seven’ to carry out a comprehensive environmental impact assessment. The engagement, which began in March 2025, represents a significant milestone for the young Kyoto-based value creation specialist.
The project is based on the ValuuCompass™, an evolutionary system that transparently assesses impact and value creation for nature, one of the system’s seven stakeholders, and benchmarks the results against other leaders in the market. The client will receive the assessment and analysis later this month, with actionable insights on environmental performance across multiple dimensions.
Directing Sustainabiliy towards Value Creation
Kyle Barnes, CEO of Valuufy, said, “For a startup, especially from Japan, securing a major American tech giant as a client is extraordinary. This speaks clearly on how our approach resonates with forward-thinking organizations. We’ve built ValuuCompass on a solid foundation of academic rigour and practical business value — and that company responded to this combination.”
Addressing Critical Gaps in Sustainability Measurement The tech heavy selected Valuufy after evaluating multiple sustainability assessment solutions. “Gaps and discrepancies exist in current sustainability benchmarking when factoring environmental and social considerations. We appreciate how Valuufy systematically evaluates all relevant topic areas using best in class industry standards coupled with a data-driven, quantifiable approach to derive actionable insights,” noted a company representative.
Breaking New Ground in Precision and Performance Benchmarking Dr Philip Sugai, Director of Research at Valuufy, said, “What sets ValuuCompass apart is its unparalleled level of detail and methodological rigor. Unlike current frameworks that offer broad sustainability disclosure topics, we’ve developed specific, measurable subgoals for each objective. This granular approach enables something that’s been largely unattainable with existing frameworks – genuine benchmarking across companies and industries.”
“Traditional ESG frameworks mainly look back on what companies have already reported,” Sugai continued. “Our work focuses on the future and what matters most to business leaders — identifying specific opportunities to create value and reduce risk across their entire stakeholder ecosystem. For technology companies with complex global value chains, this perspective is particularly valuable.”
Directing Sustainabiliy toward Value Creation This client relationship underscores a growing shift in how leading companies approach sustainability — moving beyond compliance reporting toward strategic value creation. Technology companies in particular face increasing pressure to demonstrate meaningful environmental improvements while maintaining competitive advantage.
Stated Barnes, “Future market leaders understand that sustainability isn’t separate from business strategy — it’s central to it. When organizations can quantify their impact and benchmark against competitors, sustainability becomes a concrete business advantage rather than a vague aspiration. It’s a fundamental shift from sustainability as compliance to sustainability as value creation.”
About Valuufy Valuufy, Inc. transforms how organizations measure and create sustainable value. Founded in 2024, Valuufy is a registered startup in Kyoto, Japan, emerging from the Value Research Center at Doshisha University and more than ten years academic value research. The groundbreaking ValuuCompass™ provides a comprehensive system for assessing impact and value creation across seven stakeholder dimensions, transforming sustainability from regulatory compliance into strategic competitive advantage. Led by an international team from Japan, Germany, Sweden & USA, Valuufy helps businesses identify hidden risks, uncover growth opportunities, and create measurable value through sustainability. Visit https://valuufy.comand follow us athttps://linkedin.com/company/valuufy/
