The invention discloses a luminescent material having aggregation-induced emission, a method of making and an application thereof. The luminescent material herein has properties of aggregation-induced emission (AIE)/aggregation-enhanced emission (AEE) with the maximum absorption wavelength red shift to a visible area so that this type of luminescent material has the potential applications in the field of biology and photoelectricity. The luminescent material herein also has excellent optical waveguide property with an optical loss lower to 0.100dB/[mu]m, and is applicable to produce optical waveguide materials and also applicable to organic light emitting diodes. The luminescent material herein also has the characteristic of mechanochromism and reversible mechanochromism, thus having potential application in the aspect of smart materials.