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SITI: HKUST Celebrates 35 Years of Innovation at Unicorn Day 2026, Paving the Future of Technology and Entrepreneurship

HK

SITI: HKUST Celebrates 35 Years of Innovation at Unicorn Day 2026, Paving the Future of Technology and Entrepreneurship
HK

HK

SITI: HKUST Celebrates 35 Years of Innovation at Unicorn Day 2026, Paving the Future of Technology and Entrepreneurship

2026-06-02 12:35 Last Updated At:13:27

Opening remarks by SITI at HKUST Unicorn Day 2026 "From Ideas to Miracles - 35 Years of Impact and Beyond"

Following are the opening remarks by the Secretary for Innovation, Technology and Industry, Professor Sun Dong, at HKUST Unicorn Day 2026 "From Ideas to Miracles - 35 Years of Impact and Beyond" today (June 2):

HKUST, Photo source: reference image

HKUST, Photo source: reference image

Professor Nancy Ip (President of the Hong Kong University of Science and Technology (HKUST)), Ms Edith Shih (Vice-Chairperson of the University Council of the HKUST), Professor Ni (Founding President of the HKUST (Guangzhou), Professor Lionel Ni), distinguished guests, ladies and gentlemen,

Good morning. It is my great pleasure to join you all at HKUST Unicorn Day, especially as the University celebrates its remarkable 35th anniversary.

In just three and a half decades, the HKUST has risen from a bold vision on Clearwater Bay to a global powerhouse in deep-tech, entrepreneurship, and innovation. The University's ability to nurture unicorns and deep-tech ventures is the result of visionary leadership, a culture that embraces experimentation, and an ecosystem that nurtures talent and empowers young innovators to turn ideas into impact. Few young universities in the world have recorded such a rapid ascent. The HKUST's achievements are truly impressive.

Innovation and technology (I&T) has always been on the top agenda of the Hong Kong SAR Government. We fully recognise the crucial role of local universities - not only as key partners, but as the bedrock of Hong Kong's I&T ecosystem. To this end, the Government has implemented a series of forward-looking initiatives to accelerate research translation, strengthen collaboration, and expand our talent pipeline. Among these, the RAISe+ Scheme has been particularly well received by local universities. To date, 73 projects have been supported, with over $3 billion of government funding committed.Nineteen of them came from the HKUST. This once again demonstrates the HKUST's strength in translating frontier research into real-world applications.

This year also marks the beginning of the National 15th Five-Year Plan, which signals clear and unwavering support for Hong Kong's I&T development. Just last week, Hong Kong celebrated a historic milestone in our nation's space endeavours. It is the first time ever that a payload expert from Hong Kong has joined the Shenzhou-23 manned spaceflight. We understand that among many other missions, our Hong Kong-born payload expert will operate the Multi-Spectral Imaging Carbon Observatory, an advanced Earth observation instrument invented by Professor Su Hui's team of the HKUST, on board the Tiangong space station. This is a powerful recognition of Hong Kong's scientific excellence at the national level. It also sends a clear message to all students and young innovators: Your ideas can go from the laboratory not only to the marketplace, but also to space. The future of innovation belongs to those who dare to dream boldly and fight for what they believe in.

As we look ahead, Hong Kong is entering a golden era of I&T development. We are building new engines of Hong Kong's high-quality development, including the Hetao Hong Kong Park, the San Tin Technopole and the Sandy Ridge Data Facility Cluster. In addition to the existing R&D (research and development) institutes such as the Hong Kong Productivity Council, ASTRI (Applied Science and Technology Research Institute) and the Microelectronics Research and Development Institute, we will have the AI Research and Development Institute and the Life and Health Technology Research Institute to focus on R&D in the respective fields and lead industry application. All these will create unprecedented opportunities for universities, enterprises, and start-ups to work together, scale faster, and connect more deeply with the Greater Bay Area and the world.

As the HKUST celebrates its 35th anniversary, it stands on the cusp of an even more fruitful chapter. With the collective efforts of government, industry,academia,research and investmentsectors, and with the passion of young people inspired by achievements from Unicorn Day to Shenzhou 23, I am confident that Hong Kong will rise as a leading international I&T centre and contribute meaningfully to our nation's high-quality development, and that the HKUST will continue to be a driving force in this amazing journey.

May I wish Unicorn Day great success. Thank you.

The Secretary for Innovation, Technology and Industry, Professor Sun Dong, delivers opening remarks at the HKUST Unicorn Day 2026 "From Ideas to Miracles - 35 Years of Impact and Beyond" today (June 2). Source: HKSAR Government Press Releases

The Secretary for Innovation, Technology and Industry, Professor Sun Dong, delivers opening remarks at the HKUST Unicorn Day 2026 "From Ideas to Miracles - 35 Years of Impact and Beyond" today (June 2). Source: HKSAR Government Press Releases

DH cracks down on illegal sale or possession of unregistered medicine

The Department of Health (DH) today (August 5) conducted operations across multiple districts in Hong Kong to crack down on the illegal sale or possession of unregistered medicine, seizing approximately 100 boxes of suspected unregistered medicine claimed to have pain-relieving effects. Most of the products were labelled in Japanese. Additionally, a man was arrested on suspicion of violating the Pharmacy and Poisons Ordinance (Chapter 138) (the Ordinance).

The DH received a report that pain relief medicine classified as Part 1 poisons under the Ordinance were being sold or possessed on the market. However, the products were labelled in Japanese and were suspected of not being registered in Hong Kong. Hence, the DH officers today conducted unannounced inspections in various districts, including Tsim Sha Tsui, Causeway Bay, Sheung Shui and Yuen Long. At an Authorized Seller of Poisons (ASP), commonly known as a pharmacy, a Listed Seller of Poisons (LSP) commonly known as a medicine company and two retail outlets, DH officers seized approximately 100 boxes of suspected unregistered medicine claimed to have pain-relieving effects. Most of the products were labelled in Japanese and did not bear a Hong Kong pharmaceutical product Registration Number. They are suspected to be medicine containing "Ibuprofen" and "dihydrocodeine". A 38-year-old man was arrested by the police on suspicion of contravention of drug-related offences, including, illegal possession of unregistered pharmaceutical products and Part 1 Poisons.

The DH will continue to investigate and follow-up on the case, and will prosecute other individuals involved in the case when sufficient evidence is available.

Ibuprofen is a non-steroidal anti-inflammatory pain killer and its side effects include nausea, gastrointestinal discomfort and peptic ulcers. Dihydrocodeine is an opioid analgesic used as a cough suppressant and for pain relief, and its side effects include nausea, vomiting, constipation and drowsiness. Medicines containing Ibuprofen and dihydrocodeine are Part 1 poisons and should only be supplied by a pharmacy under the supervision of a registered pharmacist or upon the advice of a medical practitioner.

The DH has an established mechanism to monitor the sale of pharmaceutical products in the market (including the Internet). If the DH detects any suspected illegal sale or possession of pharmaceutical products or Part 1 poisons, the DH will promptly investigate, and, if necessary, refer the case to other law enforcement agencies to follow up, or conduct joint operations with other law enforcement agencies, and any irregularities so found will be dealt with in accordance with the law. Illegal sale or possession of unregistered pharmaceutical products or Part 1 poisons are criminal offences under the Ordinance, which upon conviction, are subject to a fine of up to $100,000 and an imprisonment for two years.

According to the Ordinance, all pharmaceutical products must be registered with the Pharmacy and Poisons Board of Hong Kong before they can be legally sold in the market. The DH reminded the public that all registered pharmaceutical products should carry a Hong Kong registration number on the package in the format of "HK-XXXXX". The safety, quality and efficacy of unregistered pharmaceutical products are not guaranteed.

The DH strongly urged members of the public to consult healthcare professionals before consuming any medication. Do not self-purchase or consume products of doubtful composition or from unknown sources as their safety, quality and efficacy are unguaranteed. The DH has prepared some safety information for consumers regarding the purchase and use of medicines, namely Be Cautious when Buying Medicines on Internet, General Knowledge on Registered Medicines, Be Cautious When Buying Medicines Overseas.

DH cracks down on illegal sale or possession of unregistered medicine Source: HKSAR Government Press Releases

DH cracks down on illegal sale or possession of unregistered medicine Source: HKSAR Government Press Releases

DH cracks down on illegal sale or possession of unregistered medicine Source: HKSAR Government Press Releases

DH cracks down on illegal sale or possession of unregistered medicine Source: HKSAR Government Press Releases

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