HIGHTLIGHTS
FT Special Report on Asian Business Schools
The Financial Times carried a on business education and MBAs in Asia, looking into countries and cities like Hong Kong, Singapore, China and Australia that leading the way. In its multiple articles, Dean of HKUST Business School Prof Tam Kar Yan explained how Chinese students are offered with better opportunities to gain more international experience at HKUST and in Hong Kong in Hong Kong Business Schools Face China Threat; Associate Dean Prof Steven DeKrey introduced the School’s partnership Executive MBA program with SKOLKOVO in Chinese Business Schools Explore Belt and Road Initiative; andHKUST Bilingual EMBA student Vivien Chen talked about her learning experience in Chinese Business Students Look to Study Closer to Home
Business Education Belt and Road
Beijing Business Today (北京商報) carried an interview with Dean of HKUST Business School Prof Tam Kar Yan. He talked about the major developments and progress made by HKUST and the Business School, past and present, including the latest HKUST One Million Dollar Entrepreneurship Competition held in Beijing with strong support from local alumni, and also the HKUST-SKOLKOVO Executive MBA for Eurasia Program designed for forward-looking business leaders to capitalize on emerging opportunities along the Belt and Road countries.
Opinions on Financial Crisis and Trade War
RTHK TV interviewed Adjunct Prof KC Chan, Department of Finance, on his views on the impact of the US-China trade war on Hong Kong and the global market. In two separate print media interviews with HKEJ and Ming Pao, he recapped how he handled the financial crisis triggered by the Lehman Brothers Bankruptcy when he was the Secretary for Financial Services and the Treasury. He also commented on the odds of similar financial crisis today and the property market. In another interview with Sing Tao Daily, Prof Chan commented on Hong Kong’s strategy in the Greater Bay Area, suggesting the Hong Kong government should start with initiatives such as cross-border payment, and in a longer term, banks and insurance companies in Hong Kong should be allowed to operate in the Greater Bay Area.
Faculty Insights Into Diversity
The monthly publication of the Hong Kong Institute of Human Resources Management carried a feature story on the value of diversity, which summarizes the research findings by faculty at the Department of Management. Their articles looking into the same topic, published by the Business School Magazine earlier, were reposted by GNAM online magazine – Perspectives.
OTHERS
Hong Kong Poised to take an Axe to Multiple Directorships (29 Sept)
SCMP carried a comment by Adjunct Prof Winnie Peng, Department of Finance and Assistant Director of Tanoto Center for Asian Family Business and Entrepreneurship Studies, on multiple corporate directorships in an article that examines HK stock exchange’s plan to axe multiple directorships in order to enhance corporate governance.
Game on for Sea Change in eSports Scorn (26 Sept)
The Standard carried an article by Prof Hui Kai-Lung, Department of Information Systems, Business Statistics and Operations Management, on eSports. He pointed out that the budding ecosystem provides an alternative to those whose interest and skills are not addressed by current careers, and fills a need that society in the past has overlooked. The biggest challenge to make eSports a success in Hong Kong would be a cultural one as it is not different from performance professions.
The Value of AI in Financial Meetings (24 Sept)
HKEJ carried a commentary (解牛集) by Prof Chen Yanzhen, Department of Information Systems, Business Statistics and Operations Management, on how AI could crack a company’s financial outlook. She pointed out that the current AI technology can extract valuable information from meeting minutes to evaluate the future performance of listed company, which is a tool that can improve the efficiency and effectiveness of investment decision.
Lehman Brothers and Sino-US Trade War (21 Sept)
Headline carried an article by Emeritus Prof Francis Lui, Department of Economics, on whether the US government should have saved the bankruptcy of Lehman Brothers back in 2009. Separately Sky Post carried his article on Sino-US trade war.
Impact of User-generated Content (21 Sept)
QRIUS cited a research by Prof Wang Wenbo, Department of Marketing, which was in collaboration with Kellogg School of Management and Stanford University, on impacts of user-generated content in terms of marketing.
Busy People make Healthier Choices (19 Sept)
Phys.org, Market Business News, News-medical.net, PsycCentral.com, Medical News Today and Tech News Space carried a joint research by Prof Christine Kim, Department of Marketing, in collaboration with Temple University and the INSEAD, which reveals that people who have a “busy mindset” assert better self-control and are more likely to make virtuous and healthier choices.
Trade War (19 Sept)
BBC Chinese, HKET, DW News and SoundofHope.org carried comment by Prof Albert Park, Department of Economics, on the Sino-US trade war. He said that the US might have underestimated the flexibility of the Chinese economy, which can turn its export to other countries or actively depreciate its currency to offset the negative impact from the latest tariff imposed.
GBUS Alum Sharing on MT Program with Cathay Pacific (18 Sept)
Ming Pao Daily interviewed GUBS alum Preston Hung, who shared his experience as a Management Trainee with Cathay Pacific.
Commentary on Minimum Wage (17 Sept)
HKEJ carried a commentary (解牛集) by Dr Charles Lam, Department of Accounting, on Hong Kong’s minimum wage. He suggested that a framework with more flexibility would be more suitable for the city to develop and implement the minimum wage.
Trade War against Japan and Recollection on Financial Crisis (14 Sept)
Headline carried an article by Emeritus Prof Francis Lui, Department of Economics, on what will happen if the US were to start a trade war against Japan. Separately, Sky Post also carried another article of his review on the cause of the financial crisis ten years ago which lead to the current trade deficit between US and China.
Emerging markets’ currency crisis (13 Sept)
BBC Chinese, Sina Finance, Yahoo Taiwan, DW News and Liberty Times Net carried a commentary by Prof Albert Park, Department of Economics, on the emerging markets’ currency crisis.
Proposal to Extend Maternity Leave (10 Sept)
SCMP and NNA Asia carried a commentary by Emeritus Prof Francis Lui, Department of Economics, that the government should bear the extra cost incurred from its proposal to extend maternity leave.
More Incentives Needed for Blockchain Application Development (10 Sept)
HKEJ carried a commentary (解牛集) by Prof Allen Huang, Department of Accounting, on blockchain technology’s applications and its pros and cons. He said that solving the incentive to apply blockchain technology would affect the breadth and depth of the technology’s development.
Fairness of University Admissions (7 Sept)
Sky Post carried an article by Emeritus Prof Francis Lui, Department of Economics, on the fairness of University admissions.
Panel Discussion on E-commerce Development (4 Sept)
Sing Tao Daily and Master Insight reported that Adjunct Prof KC Chan, Department of Finance, hosted a panel discussion e-commerce development at a Greater Bay Area financial service forum last week.
Opinions on “Access to Computer with Criminal or Dishonest Intent” (3 Sept)
HKEJ carried a commentary (解牛集) by Prof Hui Kai-Lung, Department of Information Systems, Business Statistics and Operations Management, on the generality of the criminal charge “getting access to computer with criminal or dishonest intent”. He cited multiple examples of case ruling citing Cap. 200 crime ordinance section 161 as a base for the verdict and urged the urgency to review the need for revision.