HK holds biotech summit

The Nobel and Turing Laureates Hong Kong Summit took place yesterday, attracting more than 500 professionals and experts from the fields of biotech, computer science, mathematics, and finance, as well as – you guessed it – recipients of the Nobel Prize, Turing Prize, and Fields Medal.

Hong Kong’s Finance Secretary, Paul Chan, took the opportunity to boast that the government had put HK$100bn into “innovation and technology” in the past two years. It had also established a biotech platform at the Hong Kong Science and Technology Park. Ba Shusong of the Hong Kong Stock Exchange noted that nine biotech companies had listed on HKEX, and ten others have applied to be listed.

The summit was the first event of the International Innovation and Technology Hub Forum, which was launched by the Greater Bay Area Homeland Investments Limited, manager of a government-backed RMB100 billion private equity fund aimed at supporting high-tech industries in the Greater Bay Area.

Read more (in Chinese).