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HKUST ties up with SIIC to launch new fund to invest in biotech sector

HKUST Treasurer and Council member Stephen Yiu Kin-Wah (center) and other HKUST senior leadership and guests officially launch the HKUST Redbird Innovation Fund. Photo from HKUST

Stephanie Li

14 March, 2025

The Hong Kong University of Science and Technology (HKUST) has partnered with state-owned Shanghai Industrial Investment Holdings (SIIC) to establish a new fund targeting Hong Kong’s biotechnology and life science sector.

Edited by: Paramita Chatterjee