HKUST First PhD Graduate’s Founding Company Transferred its Listing to HKEx Main Board

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HKUST President Tony F Chan (right) and Dr Jack Lau at the listing ceremony.
HKUST President Tony F Chan (right) and Dr Jack Lau at the listing ceremony. [Download Photo]
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The Hong Kong University of Science and Technology (HKUST)’s first PhD graduate Dr Jack Lau’s founding company Perception Digital Holdings Limited transferred its listing from the GEM Board of the Hong Kong Stock Exchange to the Main Board and started trading under the new stock code of 1822 last Friday (3 June). Perception Digital is a specialist in technological solutions for consumer electronics and technology commercialization.

HKUST President Tony F Chan said, “We are most delighted that the achievement of Perception Digital, our first and largest listed company set up under the HKUST Entrepreneurship Program, is well recognized. Dr Jack Lau is a home-grown entrepreneur. It is his passion in research and innovation, as well as his perseverance that has turned his dream of running his own business into reality. Many young people in Hong Kong have their own aspiration and potential. It is my hope that HKUST will foster their spirit of entrepreneurship to make use of technology to start their own business so as to promote the economic and social development.”

The HKUST Entrepreneurship Program hosted by HKUST’s Entrepreneurship Center assists faculty, staff, students and alumni to establish technology-based start-up companies such as by offering space and office services, advising business and investor’s network to funding. More than 40 companies have been founded under this Entrepreneurship Program, and Perception Digital is the largest company in terms of number of employees and revenue under this Program.

Dr Jack Lau has won an accolade of awards including the Ten Outstanding Young Persons Award, the Young Industrialist Award and the Ernst & Young 2009 Entrepreneur of the Year award etc. Perception Digital aims to become a leading consumer electronics solution provider specializing in multimedia and internet connectivity and well-being technologies. Major customers of the company include leading international brand name vendors and group companies which are either on the Fortune Global 500 or Fortune 500 lists.