News & Stories

With a warm smile and larger than life personality, it is easy to see how Michael Leung leads the charge at his firm – a world leader in design and manufacturing of cutting-edge technologies, software and services for the professional construction industry. A personality that can put anyone at ease, his own journey from a young student growing up in Hong Kong’s own Kennedy Town to being the first Asian to lead a global company in Australia, he attributes much of his career success to his alma mater, the Hong Kong University of Science and Technology (HKUST).

The Hong Kong University of Science and Technology (HKUST) and Taiping Reinsurance Co., Ltd. (TPRe) signed a Memorandum of Understanding (MoU) on March 4, 2025, to jointly develop and transfer new technologies to solve problems faced by the insurance industry and to gradually establish a long-term partnership. The signing ceremony was held at the China Taiping Finance Center. Prof. GUO Yike, HKUST Provost, and Mr. ZHAO Feng, Deputy General Manager of China Taiping Insurance Group Company Limited (China Taiping), witnessed the ceremony. Prof. ZHANG Limin, Head of the Department of Civil and Environmental Engineering at HKUST, and Mr. YU Xiaodong, Chief Executive Officer of TPRe, signed the MoU on behalf of the two parties. Mr. Stephen WAI, Director of Business Development at the Logistics and Supply Chain MultiTech R&D Center (LSCM), and Dr. David LIU, Chief Executive Officer and Vice Chairman of Stellerus Tech, also attended the ceremony.

HKUST held its Industry Engagement Day today, showcasing 31 inventions spanning four strategic research areas.