Core Viewpoint - The development of the silver economy in Hong Kong is crucial for the overall economic transformation, impacting various sectors such as consumption, dining, elderly products, technology, and finance, while creating significant economic and social benefits [1] Group 1: Silver Economy Development - The Hong Kong government is focusing on the development of the "silver industry," which includes promoting the research, marketization, and industrialization of elderly products [1] - Over 120 elderly technology companies are currently gathered in the Hong Kong Science Park and Cyberport, raising over HKD 150 million in funding over the past three fiscal years [1] Group 2: Collaboration and Innovation - The Hong Kong Applied Science and Technology Research Institute has signed a memorandum of understanding with Po Leung Kuk Hospital to collaborate on various research projects, including advanced AI platforms for health analysis and smart personal care systems [2] - The Logistics and Supply Chain Multi-Technology R&D Centre is working with a local property management company to provide smart robotic services for residents in public housing, including the elderly [2] Group 3: Financial Support and Technology Application - The government has allocated an additional HKD 1 billion to the Elderly and Rehabilitation Technology Application Fund for the 2024-25 fiscal year, expanding its use to suitable home-use elderly technology products [3] - Eligible service units can purchase appropriate technology products for elderly individuals and caregivers to use at home, thereby extending the reach of elderly products from institutions to home environments [3]