On August 22, 2024, HKUST established the HKUST Institute for Financial Research with a mission to address social and economic issues through financial research and technological innovation, in collaboration with the academia, industry practitioners and policymakers in Hong Kong and beyond. It serves as an international platform to promote practical research that tackles imminent issues, foster cooperation across different stakeholders, and provide valuable insights to industry practitioners and policymakers for better decision-making.
The Institute consists of four research focus areas undertaken by its four interdisciplinary research centers: (1) Center for Technological Innovations; (2) Center for Environmental and Social Responsibility; (3) Center for Wealth Management; and (4) Center for Macro-finance and Geo-economics.
At the launch ceremony, Mr. Christopher HUI, Secretary for Financial Services and the Treasury of the HKSAR Government (third right); Prof. Nancy IP, President of HKUST (third left); Prof. GUO Yike, Provost of HKUST (second right); Prof. HUI Kai‐Lung, Acting Dean of HKUST Business School (first right); Prof. LOU Dong, Director of the Institute and Associate Dean (Strategic Planning and Research) of HKUST Business School (second left); and Prof. Abhiroop MUKHERJEE, Associate Director of the Institute (first left), unveil the plaque of the Institute.
Following the launch ceremony was an inaugural summit themed “A New Era of Global Finance: Challenges, Opportunities and Innovation”, and attended by some 200 government officials, business leaders, industry experts, alumni, and academics. The summit featured keynote speeches on the Chinese Economy and the Indian Economy, delivered by Prof. JIN Keyu, Chinese economist and Professor of London School of Economics and Political Science (left), and Prof. Krishnamurthy SUBRAMANIAN, Executive Director at the International Monetary Fund and Former Chief Economic Advisor to the Government of India (right), respectively.
The summit also saw insightful exchanges in two Frontier Dialogue Sessions on “Technology and Financial Development” and “Sustainable Development”. Distinguished speakers came together to analyze and discuss current issues relating to the topics of common interest.
(From left) Mr. WANG Feng, Editor in Chief of FTChinese, Prof. GUO Yike; Dr. HUANG Haizhou, Member of The Monetary Policy Committee of the People’s Bank of China; and Ms. ZHU Yali , General Manager of MCEX.
(From left) Prof. Darwin CHOI, Department of Finance, HKUST Business School; Prof. Pulak GHOSH, Distinguished Fellow at NITI Aayog – a think tank of the Indian Government; Dr.MA Jun, Chairman and President of the Hong Kong Green Finance Association; Ms.Aveline SAN, Chief Executive Officer and Head of Banking, Citi Hong Kong and Macau; and Prof. YU Jianfeng, Chair Professor of Finance, PBC School of Finance, Tsinghua University.
Click here to learn more about the newly established Institution and the launch ceremony.