CE eyes collaboration with Hangzhou's 'Little Dragons'
CE eyes collaboration with Hangzhou's 'Little Dragons'
John Lee is briefed on a robotic dog at Hangzhou Future Sci-Tech City Urban Exhibition Hall. Photo courtesy of John Lee's Facebook page
John Lee during a visit to BrainCo to learn about high-tech products, such as smart bionic arms and legs. Photo courtesy of John Lee's Facebook page
Chief Executive John Lee said on Wednesday he had exchanges with six Hangzhou start-ups and welcomed them to expand in Hong Kong.
On the second day of his visit to Zhejiang province, Lee went to the Hangzhou Future Sci-Tech City Urban Exhibition Hall in the morning.
In a social media post, the chief executive said the exhibition hall showcased the achievements of six Hangzhou start-ups, nicknamed the Six Little Dragons.
Lee said he had exchanges with representatives of the six start-ups, including discussions over their future collaboration with Hong Kong.
He thanked the companies for supporting the SAR's innovation and technology development and welcomed them to set up or expand in the city and cooperate with Hong Kong enterprises and organisations.
The chief executive visited one of the Six Little Dragons, BrainCo, on Wednesday morning to learn about high-tech products such as smart bionic arms and legs.
In the afternoon, he visited another leading start-up, Unitree Robotics, during which its CEO, Wang Xingxing, said there will be more cooperation opportunities with Hong Kong in the future.
"[Lee] had a look at many of our products, including some which have not been launched yet," Wang said.
"He looked at our robot dogs, humanoid robots and boxing robots."
Lee also wrote that he visited the First Affiliated Hospital of the Zhejiang University School of Medicine to learn about the operation of a smart hospital and the use of artificial intelligence for clinical diagnoses.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
RTHK
12 hours ago
- RTHK
HK has growth potential in digital finance: FS
HK has growth potential in digital finance: FS Paul Chan said a policy statement for digital asset development will be issued soon. File photo: RTHK Financial Secretary Paul Chan said on Sunday that digital finance is among the areas Hong Kong can develop in the long run, adding that the government will issue its second policy statement on digital asset development by the end of the month. Chan said the statement is needed in light of "the latest developments and a change in situations". The minister said officials will announce the government's vision and policy directions on how they will help combine digital asset innovations with traditional financial services. Writing on his weekly blog, Chan said the policy statement will also touch on raising the flexibility and safety of digital assets in real economic activities. He noted that in August, the SAR will implement a licensing regime for stablecoins, which are virtual assets meant to maintain a stable value relative to assets such as actual currencies. The secretary said many market participants are interested in this and the Monetary Authority will handle licence applications as quickly as possible. "It is estimated that the total market value of global stablecoins is about US$240 billion, and the global stablecoin trading volume exceeded US$20 trillion last year," Chan said. "With the booming development of the digital asset market, the market demand for stablecoins is expected to increase further." Chan went on to say that while the global equity market has faced a lot of uncertainties so far this year, Hong Kong stood out being as the local bourse was robust and rose by around 20 percent. He said there have been funds from places such as the US, Europe and the Middle East flowing into the Hong Kong market, for initial public offerings as well as refinancing.
.jpg%3Fitok%3DxzH4i0ZA&w=3840&q=100)
South China Morning Post
18 hours ago
- South China Morning Post
How Hangzhou's ‘Six Little Dragons' built a new Chinese tech hub
Read more: Hangzhou is rapidly gaining recognition as a leading technology centre in China, primarily because of the rise of local start-ups known as the 'Six Little Dragons'. One of the hottest new companies is DeepSeek, which captured global attention in early 2025 with its cost-efficient artificial intelligence (AI) models. The other 'dragons' include robotics firms Unitree and Deep Robotics, video game studio Game Science, brain-machine interface innovator BrainCo, and 3D interior design software developer Manycore. The cluster of hi-tech companies forming in Hangzhou is no coincidence. The city is already home to Zhejiang University and Alibaba, which owns the South China Morning Post. It attracts talent from across the country, and its business-friendly policies have nurtured many start-ups.
South China Morning Post
21 hours ago
- South China Morning Post
Inject some life into Hong Kong's fading cinemas
Film lovers in Hong Kong have been forced to watch the demise of a string of local cinemas in recent months. However, the latest closure will not result in the screens staying dark for good, raising hopes that the industry can flip the script so it can survive and thrive. The final shows at Golden Harvest's MegaBox cinema drew a steady stream of regulars and curious locals to snap up HK$40 (US$5) closing-day discount tickets. Located in a huge shopping centre and next to an ice rink, the seven-screen complex made history when it opened in 2007. It was the city's first to offer a massive IMAX experience. Now it has been swept up in a wave of at least nine venues that have shut down or suspended operations in 2024. Already this year, the Newport Theatre in Mong Kok and the Grand Kornhill Cinema in Quarry Bay have closed. On June 1, one of Hong Kong's oldest cinemas, the Golden Harvest Grand Ocean Cinema in Tsim Sha Tsui, closed its doors for good after 56 years. The Hong Kong Theatre Association said that as of May, only 51 cinemas were operating in the city, down from 112 in 1994. The spiral accelerated amid the pandemic, when streaming services allowed many to form a habit of binge-watching at home. The sector is not alone. Chief Executive John Lee Ka-chiu recently discussed the retail scene struggles as many locals head across the border to mainland China. Lee has urged businesses to 'work harder' to respond and adapt to market changes. One idea to help open doors to fresh ideas was pitched by lawmaker Kenneth Fok Kai-kong. The sports, performing arts, culture and publication representative said licensing should be eased so cinemas could host live performances or sports broadcasts. Innovation plans could be derailed as some cinemas struggle with operational issues. The Federation of Hong Kong Filmmakers says one major obstacle is when operators fail to reach rental agreements with landlords before their leases expire. The MegaBox shopping centre, at least, is not giving up on keeping a cinema as a tenant. CineArt is scheduled to take over the location next month with upgraded design and facilities that will hopefully set the scene for a crowd-pleasing sequel.
