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Feb exports value down 0.8%

The value of Hong Kong’s total exports decreased to $284.1 billion in February, down 0.8% on the same month last year, the Census & Statistics Department announced today.   The value of imports of goods fell 1.8% to $325.7 billion for the same period.   A trade deficit of $41.7 billion, or 12.8% of the value of imports, was recorded in February.   Comparing the three-month period ending February with the preceding three months on a seasonally adjusted basis, the value of exports rose 5.5%, while that of imports also increased 3.3%.   The Government noted that taking the first two months of the year together to remove the volatility caused by the difference in timing of the Lunar New Year, the value of exports posted a 16.6% growth against a very low base of comparison a year ago.   Exports to the Mainland and the US rose notably, while those to the European Union fell. Those to other major Asian markets recorded a mixed performance.   Looking ahead, the Gove

HKSTP Partner Company Incubatee PointFit Technology won the grand prize of ASICS Accelerator

Good things come to those who sweat. Our Incubatee PointFit Technology has just won the grand prize of ASICS Accelerator! 

 Congratulations to the team for winning this global accelerator! The research is 100% Hong Kong. #TeamHongKong #HKUST 
(Co-Founder & CEO) Kenny Oktavius 
(Co-Founder & COO) Jack Chen 
(Co-Founder & CTO) Reno Adley Prawoto 
(Co-Founder) Prof Ping Gao 

PointFit Sweat Sensor is an ultra-thin skin patch that tracks your health condition through sweat biomarkers and transmits it to your mobile app in real-time. 

Following the accelerator, Point Fit will work closely with ASICS Corporation to integrate its patented and peer-reviewed one-of-a-kind membrane technology into ASICS products. 

Drop a ❤️ or 👍🏻 below to support Hong Kong's innovation. They are now ready to disrupt the health monitoring landscape and make ASICS a leader in the smart-sportswear market. 

Learn more: bit.ly/3z32mVq 

Follow HKSTP - Hong Kong Science and Technology Parks Corporation for the latest tech news in Hong Kong and beyond!  



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