Highlights
Faculty Share Insights on Topical Issues in Finance and Technology
School faculty shared their insights on topical issues relating to finance and technology, including digital assets, stablecoins, and HK’s financial development
In an interview featured in Economic Digest, Acting Dean Prof. HUI Kai-Lung commented on Ether's recent strong rebound and its previously higher growth relative to Bitcoin, attributing the price surge in part to the stablecoin regulations recently enacted by countries worldwide. Video of the interview is also on the magazine’s YouTube. Separately, in an HK Economic Journal report on the possible candidates for stablecoin licenses, Prof. Hui pointed to the challenges of predicting the first entities to be issued stablecoin licenses in HK, while noting that the HKMA will carefully balance multiple factors before approving such licenses.
In an interview with Phoenix TV on the financial development blueprint outlined in the Policy Address, Assoc. Head Prof. Darwin CHOI, Dept of Finance, noted that internationalization is key to optimizing the HK stock and IPO markets. In a bloomberg.com article on what dealmakers do when a super typhoon strikes, Prof. Choi was quoted as saying that typhoons are a good reminder of how climate change could affect businesses, and people should be prepared for more typhoons, or other adverse weather conditions, including rising sea levels.
In a report published in Sfccn, 21jingji, eastmoney, infzm, sina, sina 2, sina 3, and share.stockstar, Head of HKUST Institute for Financial Research (IFR) Prof. TANG Bo pointed to the two types of digital asset treasury (DAT) companies on the market - those hoarding currencies and those incorporating cryptocurrencies into their business models. In an SCMP article, Prof. Tang was quoted as saying that investing in publicly listed digital asset treasury companies provided an answer to companies seeking exposure to digital assets, but restricted from directly buying cryptocurrency.
IFR and Matrixport released a joint research report about tokenized gold. Co-authored by Prof. Tang, the report examines efficiency challenges of the new financial paradigm, highlighting how gold tokenization can underpin emerging financial architecture.
(PR Newswire, wenweipo, apnews.com, Benzinga, BizWire Express, MorningStar, NewSwire CA, taiwannet, Taiwan News, TechSlack, The Manila Times, etnet, TMCnet, Washington Citypaper, dbpower, quamnet, sina, NewSwire CA, am730, BusinessFocus, CoolbarLife, Hong Kong Invest, Line Today, zamag, thebubnews, businesstimes, Morningstar, quamnet, infcastfn, money.udh.com, etnet, businessnews, lifenewshk, taiwannet, fclnews, pacificnews, franchise, sina, ammtw, msntw)
OTHERS
Process Overhaul Key to Enhancing Efficiency with AI (Sep 29)
Acting Dean Prof. Hui Kai-Lung wrote in an HK Economic Journal column article that without reforming core processes, enterprises find it hard improve efficiency through AI.
New Way to Achieve AI Model’s Efficiency (Sep 27)
Assoc. Prof. YANG Yi and PhD student TANG Yixuan, Dept of ISOM, have developed GAPrune, which enables efficient domain-specific model pruning by considering both domain importance and preserving general linguistic foundation. (Techwalker.com, finance.sina.com.cn)
HK’s Role as "Green bridge" Connecting China with the World (Sep 27)
In a column article published in HK Economic Times, Assoc. Head Prof. Darwin Choi, Dept of Finance, highlighted the accelerating development of China's carbon market and HK's role as a "green bridge" to connect China with the world.
Tackling Low Birth Rate in HK (Sep 26)
An HK Economic Times article by Prof. Emeritus Francis LUI, Dept of Economics, discussed the strategies to reverse the low birth rate in HK.
AI Boosts Employees' Efficiency, Not Profits (Sep 22)
HK Economic Journal published a column article by Acting Dean Prof. Hui Kai-Lung titled "AI boosts employees' efficiency but not corporate profits".
Bond Yield Curve Flattens amid Inflation Uncertainties (Sep 20)
An HK Economic Journal column article by Prof. YU Jialin, Dept of Finance, delved into the flattening bond yield curve amid mounting uncertainties about inflation.
US Turning Blind Eye to Israel's War Crimes (Sep 19)
In an HK Economic Times column article, Prof. Emeritus Francis Lui, Dept of Economics, analyzed why the US has turned a blind eye to Israel's war crimes.
Reviewing HK’s Stablecoin Strategy (Sep 19)
In an HK Economic Times column article, Head Prof. Allen HUANG, Dept of Accounting, advised HK to take a comprehensive review of its stablecoin strategy, prioritizing risk management and the exploration of application scenarios.
HKUST MBA Leads HK Peers: QS Global Rankings (18 Sep)
QS released the latest global rankings for MBA programs, with HKUST ranking 49th this year and overtaking HKU to become the top-ranked university in HK. In response to a media enquiry, HKUST stated that rankings are one metric among many for evaluating university performance, emphasizing that long-term teaching and research standards demonstrated by the University are more important. (Headline Daily , Sing Tao Daily, The Standard, bau.com.hk, dotdotnews, tkww, tvb)
US-China Trade Talks (Sep 16)
Prof. JIN Keyu, Dept of Finance, was a guest on Bloomberg's The Pulse with Francine Lacqua, discussing the US-China trade talks in Madrid.
Adjustment of Stablecoins Supply Presents Challenges (Sep 15)
An HK Economic Journal column article by Acting Dean Prof. Hui Kai-Lung looked into the regulatory challenge in adjusting the supply of HKD-backed stablecoins.
Greater Bay Area in Joint Efforts to Explore Tech Innovations (Sep 13)
HK Economic Times ran an article by Chair Prof. LI Jiatao, Dept of Management, on the Greater Bay Area's joint efforts to explore tech innovations.
Reflecting on Long Teaching Career (Sep 13)
In an article published in Duluth News Tribune, Grand Forks Herald and postbulletin about the reflections of Prof. Emeritus Steven John DEKREY, Dept of Management, on his lengthy career in education, it was mentioned that he helped establish a top-ranked EMBA program at HKUST and contributed to international education initiatives.
Experiential Dining Popular among Mainland Visitors (Sep 13)
In a Ming Pao Daily report on the new consumption pattern of mainland visitors in HK, the School’s Center for Business and Social Analytics Assistant Manager NGO Wern was quoted as saying that experiential dining is popular among mainland visitors, with many hotels including meals in accommodation packages, thus making dining expenses a fixed part of their travel budget.
HKUST and Nazarbayev University to Launch Asia’s First Joint Degree in Eurasian Business (11 Sep)
The School and Nazarbayev University Graduate School of Business in Kazakhstan have signed an MoU to launch a joint Bachelor of Business Administration program in Eurasian business, the first of its kind in Asia. HKUST VPAB Prof. TAM Kar-Yan described the MoU as a significant step in expanding the University's academic footprint across the rapidly growing Belt and Road Initiative region. (Mirage News and National Tribune)
Possible Strategic Pathways for the US (Sep 12)
An HK Economic Times column article by Prof. Emeritus Francis Lui, Dept of Economics, focuses on the possible strategic pathways to be taken by the US after Beijing's military parade.
Revolutionary Innovative Products as Market Disruptor (Sep 8)
In an HK Economic Journal article, Acting Dean Prof. Hui Kai-Lung discussed the impact of revolutionary innovative products.
Young Learners Want In-Person Immersion (Sep 8)
In an Financial Times article about masters in management participants’ preference for in-person learning over online learning, academic director of the HKUST MSc in International Management Prof. Ellick WONG was quoted as saying that despite the broader shift towards online formats in business education, their applicants consistently express a clear preference for campus.
China's Military Parade Yields Deterrent Effects (Sep 5)
In an article published in HK Economic Times and Bauhinia, Prof. Emeritus Francis Lui, Dept of Economics, discussed the deterrent effect of China's military parade on the US and Japan.
Enhancing Tourism Appeal among Young and Family Visitors from Mainland (Sep 5)
HK Economic Times published a column article by the School’s Center for Business and Social Analytics Assistant Manager Ngo Wern and Visiting Scholar LIM Hyungsoo on the growing popularity of HK as a travel destination for young and family visitors from Mainland China.
Dual Nature of Business: Science and Profession (Sep 1)
In an HK Economic Journal column article, Acting Dean Prof. Hui Kai-Lung wrote about the duality of business discipline, which is both a science and a profession.