HIGHLIGHTS
Coverage from KH 20th Anniversary Management Conference
Majority of local electronic and print media reported on comments made by the speakers at the Kellogg-HKUST EMBA 20th anniversary Management Conference. The event with a theme on “Trump Economics and the US-Trade Imbalance” featured keynote speaker Professor Justin Lin, Dean of the Institute of New Structural Economics at Peking University and former Chief Economist of the World Bank, and moderator Professor KC Chan, Adjunct Professor of the School. Both met the press after the panel. They offered insights into the highly controversial topic on a day after the US started imposing the first wave of tariff in Chinese goods. The media also cited remarks made by Mrs Carrie Lam, the Chief Executive of HKSAR, as the guest of honor of the conference, on the impact of the trade war on Hong Kong. Over 30 media reports generated, including front-page coverage in , full-page in Apple Finance, and prominent coverage in Sing Tao Daily and Ming Pao’s Money Monday. (Others include: TVB, TVB財經透視, NOW TV, i-Cable TV, RTHK, Commercial Radio, Apple Daily, Master Insight, Fintech Innovation, HK01, Oriental Daily News, Headline Finance, CRNTT, CRNTT, Sina Hong Kong, Ta Kung Pao, Headline Daily, Ta Kung Pao, Ming Pao, Wen Wei Po, HK Commercial Daily, The Stand News). The speech of CE is on Govt website (with video).
Meanwhile, two SCMP supplements were published during the period, featuring the current KH graduation class (including outstanding students and the best faculty of the year), and the KH 20th anniversary management conference (including three distinguished alumni).
One Million Dollar Entrepreneurship Competition in Beijing
A number of mainland news portals, including 凤凰网, 搜狐网, 网易网, 新浪网, among others, reported on the successful completion of the One Million Dollar Entrepreneurship Competition in Beijing. Extended to Beijing for its third time, the competition in Beijing focused on AI and robotics this year and attracted teams from more than 30 universities worldwide to Beijing. Six teams, with their innovative ideas, each took home RMB300K and also a ticket to the final HKUST One Million Dollar Entrepreneurship Competition to be held in September.
UG Programs Featured in Metro Radio
Metro Radio’s Program Education Plus (世界大學堂) interviewed students of Global Business (GBUS) and Quantitative Finance (QFIN) from the School. The students talked about their enriching learning activities and positive experiences, among others. Edited into first, second and third episode, the interview is presented on Metro Facebook platform. Meanwhile, the Radio interviewed Professor Emily Nason, Associate Dean (Undergraduate Student Affairs), which was aired in July- Part I and Part 2.
OTHERS
Deloitte’s “Best Managed Companies” Project Launched in China
A number of mainland media reported on the Deloitte’s “Best Managed Companies” Project launched in China for the first time. HKUST Business School is an academic partner of the project, and Dean Professor Tam Kar Yan was cited, the School as a member of the judging panel will harness its knowledge and expertise to assess all qualified candidates, with a view to advancing the standards and quality of management in the region.
CEO and Delay of Bad News Disclosure (31 Jul)
HKEJ carried a commentary (解牛集) by Professor Allen Huang, Department of Accounting. Professor Huang looked into the reasons for some CEOs who chose to delay disclosing negative news. He also discussed some remedial steps.
Views on Local FinTech Regulations (30 Jul)
HKEJ carried comments made by Adjunct Professor KC Chan, Department of Finance, on the importance of a regulatory framework to develop the FinTech ecosystem in Hong Kong.
Winning Factors in Sino-US Trade War (27 Jul)
HKET carried an article by Emeritus Professor Francis Lui, Department of Economics, on the winning criteria in the Sino-US trade war.
The Basic Functions and Trends of Blockchain (24 Jul)
HKEJ carried a commentary (解牛集) by Professor Hui Kai Lung, Department of ISOM, on the basic functions and trends of Blockchain. He said that a lot of companies have returned to the basic functions of the Blockchain technology and focus on the value it brings. Meanwhile, Breakazine (突破) looked into Blockchain and the concept of ICO (Initial Coin Offerings), in which Professor Hui offered his views and compared the dot.com bubble in the late 90s.
Book on Current Affairs (22 Jul)
HK Commercial Daily and Ta Kung Pao reported that Emeritus Professor Francis Lui, Department of Economics, co-authored a book featuring his previous commentaries on current affairs. Separately, he commented on the government’s proposed ban on the operation of the HK National Party.
Contrasting EU-Japan Trade Deal with Sino-US Trade War (20 Jul)
BBC Chinese carried a comment of Professor David Cook, Department of Economics, on his views towards the latest EU-Japan trade deal. He said that the free trade agreement (FTA) is the largest in terms of being the bilateral FTA between the largest economies. However, it can be a double edged sword bilateral trade agreements, which can improve trade but they don’t support the development of global value chains.
Democratization and Economic Inequality and More (20 Jul)
HKEJ, Sky Post and Headline carried articles by Emeritus Professor Emeritus Francis Lui, Department of Economics, on the relationship between democratization and economic inequality, social friction in HK, and US foreign policy respectively.
Comment on Land Supply (18 Jul)
HKET carried response by Emeritus Professor Francis Lui, Department of Economics, who is also a member of the Task Force on Land Supply. He commented on the rumor on “half and half” distribution rate of public and private housing under the public-private partnership. He said “half and half” was only one group`s suggestion but not the consensus of the Task Force.
CE’s New Policy Shows Determination to Solve Housing Problem (17 Jul)
HKEJ carried a commentary (解牛集) by Dr Kevin Mak, Department of Accounting, on CE Carrie Lam`s new housing policy, praising the government for responding to public concern promptly. He said that the new measures are more focused and pragmatic and hope the government will continue to review them to be as effective and sustainable as possible.
Views on Sino-US Trade War (16 Jul)
Wen Wei Po carried comment by Adjunct Professor KC Chan, Department of Finance, on Sino-US trade war. He said China should fight back appropriately and protect its own open market policy.
Views on Sino-US Trade War and HK Housing Problem (16 Jul)
Ta Kung Pao carried an article by Emeritus Professor Francis Lui, Department of Economics, on the Sino-US trade war, arguing that the US aims to perpetuate hegemony. Separately, Wen Wei Po (article 1, article 2), Ta Kung Po, Sing Tao Daily carried Professor Lui’s comment on the HK housing problem at a seminar, suggesting the government should speed up to increase land supply, bring down the price of property and give young people hope.
Views on Sino-US Trade War and US Tax Reform (13 Jul)
Wen Wei Po (article 1, article 2), Ta Kung Pao (article 1, article 2), HKCNA carried comment by Emeritus Professor Francis Lui, Department of Economics, in a conference on the Sino-US trade war, saying Hong Kong could play a role in increasing national technological strength. He urged the government to offer more funding support to HKUST. Separately, he wrote a column article on HKET on US tax reform and trade war.
Comment on Land Supply (12 Jul)
HKEJ quoted a comment by Emeritus Professor Francis Lui, Department of Economics, on land supply.
Confucianism and Enhancement of Corporate Governance in China (10 Jul)
HKEJ carried a commentary (解牛集) by Dr Lam Kwan Lam, Department of Accounting, discussing what and how Confucianism can offer to enhance corporate governance in China.
Views on China-US Trade War (6 Jul)
Headline and Sky Post carried an article by Emeritus Professor Francis Lui, Department of Economics. He wrote about China-US trade war in two column articles, one about the foreign strategies of the so-called Chinese "doves" and the other one on ways to determine the intention of US’ trade policy.
Commentary on China-US Trade War (5 Jul)
Ming Pao Daily carried a commentary by Professor Edwin Lai, Department of Economics, on China-U.S. trade war, saying the US has a longer term pain than China.
Confucianism and Independent Non-executive Directors (3 Jul)
HKEJ carried a commentary (解牛集) by Dr Lam Kwan Lam, Department of Accounting, on the impact of Confucianism in corporate governance and its relation with Independent Non-executive Directors.
Insights on Family Business (Jul)
Techwire Asia carried comment by Professor Roger King, Director of HKUST Tanoto Center for Asia Family Business and Entrepreneurship Studies, saying that the next generation of the family business will manage the companies very differently and be technology-driven to stay abreast of trends. Professor Winnie Peng, Associate Director, says in Citywire Asia, CKGSB Knowledge and Wealthmanagement.com that strategic philanthropy is needed to preserve family harmony.