HKUST Business School Magazine

Insights and News from the HKUST Business School 4 POWERING HONG KONG’S SMART CITY TRANSFORMATION Tony WONG, Commissioner for Digital Policy, HKSAR Government 8 SETTING STANDARDS FOR THE ERA OF DIGITAL TRANSFORMATION XU Wenwei, Former President of the Institute of Strategic Research at Huawei 12 A TIDAL WAVE OF CHANGE Clement CHEUNG, CEO of the Insurance Authority 16 PAVING THE WAY FOR HONG KONG’S DIGITAL TRANSFORMATION Bojan OBRADOVIĆ, Chief Digital Officer Hong Kong at HSBC 20 MANAGING COMPETITION IN THE TECH ERA Rasul BUTT, CEO of the Competition Commission 24 BLAZING TRAIL IN HONG KONG’S E-COMMERCE SECTOR Franz WU, Founder, Chairman and CEO of YOHO Group 30 THE RISE OF AI IN ALGORITHMIC TRADING Professor JI Yan Department of Finance, HKUST Business School 34 EMBRACING DIGITAL TRANSFORMATION: A STRATEGIC IMPERATIVE Professor Dongwon LEE Department of Information Systems, Business Statistics and Operations Management, HKUST Business School 38 REVOLUTIONIZING ACCOUNTING: HOW AI IS SHAPING THE FUTURE OF AUDITING Professor Amy ZANG and Professor Wilbur CHEN Department of Accounting, HKUST Business School 42 CRYPTO AT A CROSSROADS: AN ECONOMIC PERSPECTIVE Professor Kohei KAWAGUCHI Department of Economics, HKUST Business School 46 FROM CAMPUS TO CORNER OFFICE: HOW ONE HKUST ALUMNUS IS REDEFINING BUSINESS SUCCESS AND STRENGTHENING HKUST CONNECTION School alumnus Terry TSANG’s insights on building business, motivating teams and engaging alumni 48 ADVANCING BUSINESS EDUCATION: TRANSFORMING TOMORROW Initiatives driving excellence in research and education and forging new connections 52 LET NOTHING STAND IN YOUR WAY School alumna Eli TANG triumphs over challenges posed by albinism in pursuit of academic and career goals 54 EMPOWERING THE FUTURE Support from private donors is transforming the landscape at HKUST 55 HKUST UNVEILS GAME-CHANGING MSC PROGRAMS TO SHAPE TOMORROW’S LEADERS Innovative MSc programs address growing talent demand in critical areas Digital Transformation COVER INSIGHT FEATURE