News & Stories
2019

News
HKUST and WeBank Launch First HK-Guangdong Joint Laboratory in Banking
The Hong Kong University of Science and Technology (HKUST) and WeBank Co. Ltd (WeBank) have established the HKUST-WeBank Joint Laboratory to nurture talent and explore cutting-edge technologies. Leveraging on both parties’ advantages in research and knowledge transfer in the Greater Bay Area (GBA), the joint lab will collaborate on areas spanning artificial intelligence (AI), big data, blockchain as well as financial and regulatory technologies. This collaboration also serves as a high-level collaborative innovation platform for enterprises, universities and research institutes to promote knowledge transfer under the GBA Development Framework.

News
Engineering Student Team Crowned Champion at Smart Warehouse Hackathon
A team of 5 HKUST School of Engineering (SENG) students brought home the championship at the Kerry Logistics Hackathon in February, a competition that sought to explore the possibility of using drones to help run smart warehouses.
Joined by 50 local undergraduate and postgraduate students in 8 groups, as well as 50 industry participants, the competition comprised two sessions.
In the “Drone Flying Competition” session, contestants had to create the best path for the drone to race and capture information about the warehouse at the Kerry Cargo Centre in Kwai Chung, by leveraging the power of autonomous drones and Artificial Intelligence (AI) techniques in this 24-hour overnight hackathon. Contestants were judged on criteria such as how accurate, efficient, stable and well-planned their drone flights were.

News
High Time for Clarity on Sea Emissions
By Prof. Ning Zhi, Associate Professor of Environment and Sustainability
Marine emissions account for 40 percent of air pollution sources in Hong Kong - making them one of the city's most significant pollutant sources.
Given the SAR's status as one of the busiest ports in the world, enforcing clean fuel laws is absolutely essential in our quest to clean up our air.
Traditionally, policing high sulfur fuel usage is a time-consuming affair: checking ship logs, collecting samples from fuel tanks, taking them back to the lab and then conducting analyses. This process takes days and even weeks.
By the time these measurements are complete, the ships are likely to be already far from Hong Kong.
Regulators have been looking for a more efficient solution to detect and screen the vessels violating the fuel sulfur cap regulations.
News
HKUST Collaborates with China Everbright Bank to Nurture Cyber Security Talent
The School of Business and Management of The Hong Kong University of Science and Technology (HKUST Business School) joined hands with China Everbright Bank Hong Kong Branch (CEBHK) to organize the bank’s first academic-industry collaborated cyber security competition for students.
Amid the growing threats of cyber attacks, the competition “Cyber Defenders Challenge – Team Up for the Good Fight” aimed to promote cyber security awareness and provide an opportunity for students at HKUST to address some real-world threats faced by information security experts.
The full-day event was held at HKUST on May 10, where IT experts from CEBHK were invited to provide training and share their real-life experiences in protecting their customers from hackers and compliance of best practices. Cybersecurity Company Fortinet provided technical support for the competition.

News
MoC Signed between HKUST and ZA International to Strengthen Collaboration in Fintech and Insurtech
The School of Business and Management of The Hong Kong University of Science and Technology (HKUST Business School) and ZhongAn Technologies International Group Ltd (ZA International) signed a Memorandum of Cooperation (MoC) to open up a new stream of opportunities for faculty and students in the fields of Fintech and Insurtech.
The HKUST Business School aspires to become a major intellectual powerhouse of Fintech in Asia and is undertaking a major Fintech research project funded by the Research Grants Council under its Theme-based Research Scheme. The project examines the impacts of Fintech on Hong Kong and looks into ways to contribute to the development of the city into a global Fintech hub.

News
Whole New Worlds in This Event Horizon
By Henry Tye and Wang Yi, Chair Professor of Physics and IAS Professor; Assistant Professor of Physics, HKUST
Scientific breakthroughs do not always make the front pages, but when an image of a black hole was released in mid-April, it became a headliner for days.
What makes this photo so fascinating? There are multiple reasons.
First, it is the first time humanity succeeded at photographing a black hole; in the past, scientists only inferred its existence from the effect black holes exert on their neighbors via its gravitational waves.
Second, this picture confirms a number of theories we have long believed about these mysterious objects.
People often ask: "How do you see a black hole?"
Thanks to the immense energy emitted by its spinning accretion disk, this cosmological wonder is actually one of the brightest objects in the universe.

News
HKUST Launches HK’s First Ocean Science and Technology Degree Program
The Hong Kong University of Science and Technology (HKUST) will launch Hong Kong’s first undergraduate program in ocean science and technology this September, to nurture a young generation of new professionals with first-hand experience on the investigation, conservation and management of marine environment.

News
Bigger Pi for All in New Barcodes
By Mow Wai-ho, Associate Professor of Electronic and Computer Engineering, HKUST
Compared with the mainland, Hong Kong seems to be lagging behind in adopting QR codes for financial transactions.
However, innovators in Hong Kong are not standing still in developing the next generation of barcodes that can revolutionize the way we do business.
For example, my research team is continuing to work on PiCode, a barcode variant that utilizes images instead of the black-and-white lines and blocks that comprise conventional barcodes and QR codes.
We have spent almost five years researching picture- and video-embedded codes, and are now in the demonstration phase.
Picture-embedded barcodes offer considerable potential in consumer marketing. Many people may find regular barcodes intrusive, and businesses have searched for ways to transmit data and information to consumers in a more pleasing format.