HIGHLIGHT
Launch of new MSc in Fintech Program (Aug 19)
and Mirage reported a symposium held right after the official launch of the MSc Fintech Program. The symposium featured a distinguished panel on virtual banking attracted an audience of industry practitioners, as well as members of the Program’s maiden class. Meanwhile, in an article on virtual banking, HK Economic Journal quoted Adjunct Prof KC CHAN, Department of Finance, that HKUST has offered Fintech programs to develop new talents for the field.

OTHERS
Information Leakage by “Internal Parties” (Aug 26)
HK Economic Journal (解牛集) carried an article by Prof HUI Kai-Lung, Department of Information Systems, Business Statistics and Operations Management (ISOM), on users access rights to corporate intranets. He said the advancement in technology, education and self-discipline are the keys to mitigate risks caused by internal whistleblowers.

Investing Young (Aug 23)
SCMP online blog “Young Investors” interviewed Global Business (GBUS) student Taranvir SINGH on how he began his stock investment. He started investing two years ago after taking a basic finance class at HKUST.

Impact of Hong Kong’s protest on MBA (Aug 23)
Business Because reported on HKUST MBA program’s response on the recent Hong Kong protests and their impact on MBA students. The response stated the campus safety has not been affected, and the program will monitor the situation closely and endeavor to communicate with students and stakeholders accordingly.

“Information Asymmetry” undermines the effectiveness of online sales (Aug 19)
HK Economic Journal (解牛集) carried an article by Prof XU Hong, Department of ISOM, on how “information asymmetry” affects sales promotion online. She said with the growing popularity of sales activities online, an effective strategy to address the targeted customers is the key to success.

China’s proposed digital currency (Aug 19)
SCMP interviewed Prof HUI Kai-Lung, on his views on China’s proposed digital currency and its impact on mobile payments providers such as Alipay and Wechat.

How companies can grow? (Aug 19)
SCMP talked to six business leaders and academics on how SMEs can grow with, or without outside funds. Prof Vidhan GOYAL, Department of Finance, said SEMs should consider long-term financing, and on terms that do not constrain their companies to take advantage of growth opportunities.

Revolutionizing state-owned enterprises (Aug 14)
The Standard carried an article by Prof Jenny XU, Department of Economics, on how China should revolutionize state-owned enterprises to help the nation win the Sino-US trade war. The article was published in HKUST’s “Living Smart” column.

The talent that employers want from the MBA Programs(Aug 14)
BusinessBecause interviewed Christopher YIP, MBA/MSc Career Development Assistant Director, on the skills that employers desire from MBA graduates.

Hong Kong’s financial technology is getting traction (Aug 14)
EJ Insightquoted comments by Prof TAM Kar-Yan, Dean of HKUST Business School, that Hong Kong’s financial success is built on the trust from the international community accumulated over decades.

Effects of discount in online commerce (Aug 13)
HK Economic Journal (解牛集) carried an article by Prof XU Hong, Department of ISOM, on the relationship between discounts and sales volumes. She shared the findings of her studies on the differences between online and offline sales, when a discount is offered.

Impact of R&D driven innovation (Aug 9)
China Daily carried comments by Prof TAM Kar-Yan, Dean of HKUST Business School, about the Guangdong-based company Hanyu, which has about 38% of the world’s market in drain pumps. Prof Tam said that these enterprises have potential to grow bigger and become more competitive in international markets as they commit to continuous innovation based on R&D and best-management practices.

Is Huawei a state-controlled enterprise? (Aug 9)
Headline Daily carried an article by Emeritus Prof Francis LUI, Department of Economics, on Huawei's ownership. He said the company is surely not a state-controlled enterprise because it operates in a completely different way as compared to state-owned enterprises.

The avoidable destruction of a family business (Aug 6)
Tharawat Magazine , a publication on family businesses, published an article co-authored by Prof Roger KING, Director of the Tanoto Center for Asian Family Business and Entrepreneurship Studies. The article looks into family business failures, including their causes and effects.

Privacy in the “Big Data” era(Aug 5)
HK Economic Journal (解牛集) carried an article by Prof Allen HUANG, Department of Accounting, on privacy and big data. He explained that the privacy issue and protection of personal data will become more important amid the growing use of big data.

Economic impact of the current anti-extradition bill protests (Aug 1 & 6)
Wen Wei Po and Hong Kong China News Agency carried a comment by Emeritus Prof Francis LUI, Department of Economics, on the economic impact of the current anti-extradition bill protests, which is harmful to HK's economy in the long run. He also commented in Chinanews.com and Hong Kong China News Agency on recent boycotts. He said it was difficult to estimate the economic loss incurred, and some young protestors who have gone astray were being misled and incited.

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