On the fintech front, HKUST is co-leading the development of a Post-Quantum Cryptography (PQC) Toolkit with the Hong Kong Monetary Authority (HKMA). This initiative is designed to help banks address potential challenges that advances in quantum computing may pose to existing encryption technologies.
In the biotech sphere, a research team led by Prof. Kenward VONG, Assistant Professor in the Department of Chemistry, has developed a new gold-catalyzed chemical reaction that can operate under biological conditions. The goal is to support the development of next-generation anti-cancer drugs.
HKUST-nurtured startups have seized four prestigious accolades at the HICOOL 2026 Global Entrepreneur Summit and Entrepreneurship Competition held in Beijing from August 26 to 29. The awards include the Overseas Group Championship, First Prize, Second Prize, and Third Prize, achievements that demonstrate HKUST’s capabilities in deep-tech and cutting-edge innovation, as well as the global commercialization potential of its research.