Prime Minister Kyriakos Mitsotakis on Greece's big tech moment
This week on StrictlyVC Download, we're bringing you to our recent event in Athens. TechCrunch editor-in-chief Connie Loizos was joined by Greece's Prime Minister Kyriakos Mitsotakis, who shared an inside look at how the country is positioning itself as a refreshed hub for innovation, investment, and participation from the world's technology industry. They explored everything from policy changes to new global partnerships to Greece's startup momentum. Plus, the prime minister offered a peek into why founders are starting to return to the country from shores near and far — and through what mechanisms.
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EQT Real Estate acquires a five-building logistics portfolio across three locations in Southern France
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Associated Press
39 minutes ago
- Associated Press
HKSTP Brings Talent and Enterprise Recruitment Drive to Beijing
Showcasing Hong Kong's Innovation and Technology Opportunities at Tsinghua and Peking University HONG KONG SAR - Media OutReach Newswire - 2 June 2025 - Hong Kong Science and Technology Parks Corporation (HKSTP) is actively expanding efforts to attract talent and enterprises to Hong Kong's innovation and technology (I&T) sector. From 18 to 20 May, HKSTP led a delegation to Beijing, engaging with local I&T companies, industry associations, and leaders from top universities to strengthen connections between the innovation ecosystems of Beijing and Hong Kong. During the visit, HKSTP also hosted several engagement sessions to introduce Hong Kong's I&T landscape to students and enterprises, aiming to inspire future entrepreneurs and professionals to consider Hong Kong for their careers and ventures. On May 20, Hong Kong Science and Technology Parks Corporation (HKSTP), in partnership with the Hong Kong Alumni Association of Beijing Universities, hosted the 'Seminar on Hong Kong's Science and Technology Innovation Ecosystem Empowers Mainland Enterprise to Scale globally' in Beijing. The event was supported by the Hong Kong SAR Government's Beijing Office and Invest Hong Kong, and showcased Hong Kong's vibrant innovation ecosystem while encouraging Mainland enterprises to expand into the city. Pictured (from left to right): Derek Chim, Head of Startup Ecosystem and Development, HKSTP; Fanny Wong, Chief Talent Officer, HKSTP; Albert Wong, CEO, HKSTP; Li Ran, President, Hong Kong Alumni Association of Beijing Universities; Eunice Chan, Assistant Director, Hong Kong SAR Government's Beijing Office; Jacky Wong, Principal Immigration Officer, Hong Kong SAR Government's Beijing Office; Li Mingru, Deputy Head of Business and Talent Attraction / Investment Promotion, Invest Hong Kong. Led by the CEO of HKSTP Albert Wong, the delegation included Chief Talent Officer Fanny Wong and Head of Startup Ecosystem and Development Derek Chim. They visited Peking University and Tsinghua University, two of China's top universities, and met with college leaders and the Tsinghua Entrepreneur Network to explore collaboration in talent development, startup cultivation, and innovation resource expansion. In addition, HKSTP hosted on-campus sharing sessions at both universities, connecting with nearly 200 top students, sharing insights on Hong Kong's startup ecosystem, internship and career opportunities, and encouraging them to pursue entrepreneurial paths or professional development in the city to contribute to the national I&T advancement. HKSTP CEO Albert Wong emphasized Hong Kong's unique advantage of enjoying strong support from the Motherland and being closely connected to the world. He also noted, 'Where there's talent, businesses will follow.' Chief Talent Officer Fanny Wong added, 'HKSTP is committed to attracting and nurturing I&T talent while building a diverse and thriving innovation ecosystem, and promoting Hong Kong as an international hub for high-calibre talents. She said, 'Hong Kong plays the dual role of a 'super-connector' and 'super value-adder,' bridging global I&T resources. With world-class Research & Development (R&D) facilities and international collaboration platforms, HKSTP offers a powerful launchpad for young professionals and entrepreneurs looking to go global. Coming to Hong Kong for internships, employment or starting a business will be an important step for you to enter the international stage. Join Hong Kong's innovation and technology ecosystem and empower Hong Kong's economy and high-tech talents.' HKSTP continues to maintain close ties with the Government, industry, academia, and research institutions, and co-hosted the 'Seminar on Hong Kong's Science and Technology Innovation Ecosystem Empowers Mainland Enterprise to Scale globally' in Beijing, in partnership with the Hong Kong Alumni Association of Beijing Universities. Supported by the Hong Kong SAR Government's Beijing Office and InvestHK, the forum spotlighted Hong Kong's dynamic I&T ecosystem and encouraged Mainland enterprises to establish a presence in the city. The event featured keynote speeches by distinguish guests, sharing Hong Kong's development outlook and generating strong interest from the local business community. Nearly 100 participants attended, exploring potential collaboration and investment opportunities in Hong Kong. In his opening remarks, Mr. Wong highlighted Hong Kong's role in connecting the Mainland industries with the global markets and is also a critical springboard for Mainland enterprises expanding into Asia, deepening their presence along the Belt and Road Initiative, and expanding into emerging countries. He said, 'The Science Park Shenzhen Branch in Futian plays the role to attract external investment and serve enterprises in going global, providing scientific research and collaboration space for innovative technology enterprises and talents, and strengthening the interaction of the global ecosystem.' Mr. Wong also introduced HKSTP's vibrant I&T ecosystem, home to over 2,300 tech companies from 25 countries and regions, and more than 15,000 R&D professionals. He invited entrepreneurs and innovators to bring their ideas to Hong Kong, whether they are looking to expand internationally or set up locally and become part of HKSTP's dynamic community. 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About Hong Kong Science and Technology Parks Corporation Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 15,000 research professionals and over 2,300 technology companies from 25 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc. Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined. 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Yahoo
an hour ago
- Yahoo
Some Investors May Be Worried About Supercomnet Technologies Berhad's (KLSE:SCOMNET) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things, we'll want to see two things; firstly, a growing return on capital employed (ROCE) and secondly, an expansion in the company's amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. However, after investigating Supercomnet Technologies Berhad (KLSE:SCOMNET), we don't think it's current trends fit the mold of a multi-bagger. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Supercomnet Technologies Berhad, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.082 = RM35m ÷ (RM447m - RM16m) (Based on the trailing twelve months to March 2025). Therefore, Supercomnet Technologies Berhad has an ROCE of 8.2%. Ultimately, that's a low return and it under-performs the Electrical industry average of 12%. Check out our latest analysis for Supercomnet Technologies Berhad Above you can see how the current ROCE for Supercomnet Technologies Berhad compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Supercomnet Technologies Berhad for free. On the surface, the trend of ROCE at Supercomnet Technologies Berhad doesn't inspire confidence. To be more specific, ROCE has fallen from 15% over the last five years. Meanwhile, the business is utilizing more capital but this hasn't moved the needle much in terms of sales in the past 12 months, so this could reflect longer term investments. It may take some time before the company starts to see any change in earnings from these investments. Bringing it all together, while we're somewhat encouraged by Supercomnet Technologies Berhad's reinvestment in its own business, we're aware that returns are shrinking. Additionally, the stock's total return to shareholders over the last five years has been flat, which isn't too surprising. All in all, the inherent trends aren't typical of multi-baggers, so if that's what you're after, we think you might have more luck elsewhere. Supercomnet Technologies Berhad could be trading at an attractive price in other respects, so you might find our on our platform quite valuable. While Supercomnet Technologies Berhad isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
