Highlights
School Survey Reveals Shifts in Public Perception of Virtual Assets and Tokenized Money
Various media reported on survey conducted by the School, which polled over 5,800 Hongkongers and found that 25% of respondents are planning to hold virtual assets, an increase of 6% compared to a previous poll conducted after the JPEX scandal in 2023. Prof. TAM Kar-Yan, VPAB and Chair Prof. of Information Systems, said the results provided an important reference for HK to develop its virtual asset industry.
(The Standard, eastmoney.com, feng.ifeng.com, guandian.cn, shangyexinzhi.com, sina.com.cn, hkej, Btcmanager.com, wenweipo, wenweipo 2, aastocks, quamnet, infocastfn.com, hkcd, dotdotnews, hkcna.hk, hkcna.hk 2, singtao, stheadline, hk.on.cc, tkww)
HKUST, IFEC and Cyberport Host Ideathon to Inspire Web3 Innovations among Tertiary Students
Ming Pao, HK Commercial Daily, Infocast and Quamnet, reported that the 2025 Hong Kong Web3 Ideathon, co-organized by the Center for Business and Social Analytics of the School, the Investor and Financial Education Council, and Cyberport, has concluded with the participation of 36 teams comprising over 150 students from various higher education institutions. A student team from HKUST Business School, "USTranscend," won the championship with a project leveraging Web3 technologies to preserve Hong Kong's cultural heritage.
OTHERS
Debunking Tariffs as Solution to Fiscal and Trade Deficits (Apr 30)
Articles published in Bauhinia magazine and HK Economic Times by Prof. Emeritus Francis LUI, Department of Economics, explored why the tariff war is no solution to the US’ fiscal and trade deficits.
Tackling Information Leakage Problems of Large Language Models (Apr 28)
An HK Economic Journal article by Acting Dean Prof. HUI Kai-Lung discussed the mitigation solution to the information leakage problem of large language models.
Trade Policy Weakens US Leadership (Apr 27)
Various media reported that Adjunct Prof. KC CHAN, Dept of Finance, shared his views on the US-China trade war and analyzed its possible impact during a Commercial Radio program.
(TVB News, Ming Pao, Tvb.com, Mingpao, tvb.com 2, Now.com, hk01, internet.com.hk, hket, hkej, metroradio, line today, uniquemedia, now.com 2, hkej 2, hket 2, singtao, stheadline, stnn.cc, orientaldily, kinliu.hk, HK China News Agency)
HKUST Quarterly Review on China's Manufacturing Sector (Apr 26)
Various media, including Wenweipo, capital-hk, nfnews, sina.com.cn, hkcna.hk, hkong.hk, hkcna 2, sina.com.cn 2, Wenweipo 2, epochtimes, reported that according to HKUST Li & Fung Supply Chain Institute’s latest quarterly review on China's manufacturing sector, despite a forecasted slowdown in China’s manufacturing production in Q2 due to the trade conflict, Chinese manufacturers are well-prepared to meet this challenge. Helen CHIN, Research Head of the Institute and lead author of the report, stated that Chinese manufacturers have actively diversified their markets to reduce reliance on the US.
Maximizing e-Commerce Sales with Reputation System (Apr 26)
HK Economic Journal published a column article by Asst. Prof. June SHI, Dept of Marketing, on maximizing e-commerce sales by designing a good reputation system.
China Declining Boeing’s New Aircraft Delivery (Apr 25)
In a TVB newscast, Prof. Emeritus Francis Lui, Dept of Economics, said that China's decision to back out of contracts for the delivery of Boeing aircrafts, despite having paid deposits, signals the U.S. to closely monitor tariff negotiations. Additionally, Prof. Lui's HK Economic Times column analyzed the reasons behind Donald Trump's tariff hikes.
Exploring New Paths to Turn Crises into Opportunities (Apr 25)
An HK Economic Times column article by Prof. Winnie PENG, Director of Roger King Center for Asian Family Business and Family Office, advised family businesses to explore new paths so as to turn crises into opportunities.
US’ Suppression of China's High-Tech Sector (Apr 23)
Prof. Emeritus Francis Lui, Dept of Economics, said in a Now TV program that the US' suppression of China's high-tech sector will backfire, affecting its own income and profits. (Now.com, Now.com 2, Now.com 3)
Preserving Wealth in Turbulent Times (Apr 18)
An HK Economic Times column article by Prof. Winnie Peng, Director of Roger King Center for Asian Family Business and Family Office, delved into protecting families’ wealth amid the global turmoil.
Gaining Upper Hand in Trade War (Apr 17)
According to Takungpao, Prof. Emeritus Francis Lui, Dept of Economics, stated in an interview that the US will ultimately concede in the trade war initiated by the Trump administration, provided China maintains its currency value and strengthens its international partnerships. In an SCMP report, he also commented on CK Hutchison Holdings' potential port sale.
Enhancing Customer Acquisition Strategies (15 Apr)
According to xinhuaxmt.com and news.com, a research team led by Assoc. Prof. WANG Wenbo, Dept of Marketing, has developed a DRQN-Attention model that leverages explainable deep reinforcement learning in enhancing customer acquisition strategies.
Customizing Large Language Model (Apr 14)
HK Economic Journal ran a column article by Acting Dean Prof. Hui Kai-Lung on customizing a large language model through fine-tuning or retrieval-augmented generation.
Bolstering Green Finance in HK (Apr 12)
In an HK Economic Times article, Chair Prof. LI Jiatao, Dept of Management, wrote about how efforts to accelerate sustainable development in Asia could bolster green finance in HK.
Seeking Breakthroughs under Tariff Barriers (Apr 12)
HK01 conducted an interview with Prof. Emeritus Francis Lui, Dept. of Economics, on China’s strategy in trade policies, technological innovation, and industrial chain to seek breakthroughs under the high tariff barriers.
China Well-prepared for Long-running Trade War (Apr 11)
Prof. Emeritus Francis Lui, Dept of Economics, said in a Now TV program that China has been preparing for the tariff war ever since President Donald Trump launched it for the first time. Armed with its technological leaps, China is able to endure a long-running war, adding that China has a complete industrial chain. Separately, he wrote an article in HK Economic Times on the reasons behind Donald Trump's sweeping tariffs.
Real World Assets Project based on Generative AI (Apr 10)
According to HK China News Agency, during the "Strength of China Data Asset 50+" forum, Head of HKUST Institute for Financial Research Dr. TANG Bo shared the Real World Assets (RWAs) projects based on generative AI.
Tariff Policy Impact on Global Economy (Apr 9)
In an HK01 interview, Prof. Emeritus Francis Lui, Dept of Economics, offered his take on the Trump Administration's “reciprocal tariffs” and their impacts on the global economy.
Enterprises’ Application of AI Large Language Models (Apr 7)
An HK Economic Journal column article by Acting Dean Prof. Hui Kai-Lung looked into the guidelines for enterprises' application of AI large language models.
Tariff Moves to Stem Chinese Investments (Apr 5)
Reports in various media quoted Prof. Edwin Lai, Dept of Economics, as saying that President Trump’s new tariff move is an attempt to pressure countries in South-East and South Asia into barring Chinese investments, adding that it will isolate the US in the global trade system and make China a new leader in the global trade landscape.
(LocalNews8.com, yahoo.com, msn, pchome, cts.com.tw, money.udn.com, worldjournal, rti.org.tw, setn.com, pchome 2, newtalk.tw, setn.com 2, info.51.ca, yorkbbs.ca, creaders.net, wenxuecity.com, ettoday.net)
CK Hutchison’s Port Disposal Plan (Apr 4)
In an HK Economic Times article, Prof. Emeritus Francis Lui, Dept of Economics, discussed the impacts of CK Hutchison's plan to sell its port operations overseas.
Gender Imbalance and Companies' Risk Tolerance. (Apr 4)
An HK Economic Times article by Assoc. Prof. CHEN Zhanhui, Dept of Finance, looked into the relations between gender imbalance and companies' risk tolerance.
Tariff War Fuels Global Inflation (Apr 4)
According to HK Economic Journal, researcher from HKUST Institute for Financial Research Prof. JIN Keyu at an academic forum said that a full-blown global tariff war will lead to price inflation worldwide and reduce trade efficiency.
HK Has Net Inflow of Fintech Talent (Apr 2)
According to The Standard, stheadline, World News, and stheadline 2, Prof. TAM Kar-Yan, VPAB and Chair Prof. of Information Systems, said that the HK government and regulatory bodies have made significant strides in Fintech development, as exemplified by the HKMA's "Fintech Internship Program," which offers university students practical experience while helping the industry retain local talent.
Digital Intelligence Key to Future Economy (Apr 2)
According to Sing Tao Daily, Prof. XU Yan, Dept of ISOM, attended a seminar titled "digital intelligence is the key for future economy" jointly organized by the One Country Two Systems Research Institute and Tencent.