HIGHLIGHT
Stronger Demand for Virtual Bank Talent
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), Wenweipo, Lion Rock Daily, and iMoney (subscription needed) interviewed Prof HUI Kai Lung, Department of Information Systems, Business Statistics & Operations Management (ISOM), on the latest virtual banking development in Hong Kong. With a total of eight virtual banking licenses issued by the HKMA, Chair Prof Hui compared the differences between virtual and traditional banking services. In response to talent development, he said the HKUST’s Hong Kong-first interdisciplinary MSc in Fintech Program will help address the growing demand for virtual bank talent in the city.
OTHERS
Digital Tax on Technological Companies (Sept 26 & 29)
TVB’s Financial Magazine (second part) looked into the new tax category for digital/internet related companies introduced in some countries in Europe. The TV program interviewed Associate Prof Allen HUANG, Department of Accounting. He explained why a digital tax is needed in the new digital economy and how it can be implemented. Meanwhile, Bloomberg Business Week cited his comments regarding the Japanese multinational conglomerate SoftBank’s accounting treatment for its investments in unicorns.
Gender Diversity is a Business Priority (Sept 22, 24, 27)
Markets Inside, The Motley Fool and MReport featured a joint study conducted by Assistant Prof David DANIELS, Department of Management, together with researchers from other universities. The study examines the significant positive correlation between share price and gender diversity.
Rookie Investors and Investment Fraud (Sept 24)
HK Economic Journal (解牛集) published an article by Assistant Prof HUANG Yangguang, Department of Economics, on how amateur investors can avoid investment scams and how the regulatory framework can be stepped up.
Italian Chamber of Commerce Features “Future of Work”
In a series of articles that look into the impacts of technology, the Italian Chamber of Commerce carried an article by Chair Prof GONG Yaping, Department of Management, on “Technology and the Future of Work: More Questions than Answers” (P18-21).
Stumbling Blocks in Land Development (Sept 23)
CN Gold cited comments by Emeritus Prof Francis LUI, Department of Economics, regarding HK’s property market. Prof Lui said HK’s land reserve should be sufficient, but many people oppose against the development of different sites due to their own vested interest.
China’s Strategy Ahead on “One Belt One Road”(Sept 16)
HK Economic Journal (解牛集) carried an article by Visiting Scholar Prof Alicia GARCIA HERRERO, Department of Economics, on how the Chinese government should move forward with its “One Belt One Road” initiative. She suggested China can mull over adopting a more open and multi-lateral direction in the international diplomatic arena.
The Future of the “Chief Data Officer” (Sept 15)
The Edge Markets carried a column article on data economy, citing HKUST as one of the institutes involved in setting the Data Analytics Raising Employment (DARE) framework. Prof TAM Kar Yan, Dean of HKUST Business School, said the DARE framework provides a platform for governments, academia and business across APEC economies to discuss human capital development in data science and analytics.
How Executives Get Taught in HK (Sept 15)
The Economist (subscription needed) and Gooruf carried articles comparing MBA programs offered by western universities and their Asian counterparts – in which HKUST and HKU’s programs were featured as two examples. Associate Dean Prof Steven DEKREY said HKUST used more family business as case studies, as the classic case studies of large Western corporations developed by American business schools are less pertinent in the Asian context. He also mentioned the ground-breaking of the new HKUST campus in GZ.
Blockchain Transparency and Asset Liquidity (Sept 10)
HK Economic Journal (解牛集) published an article by Associate Prof Allen HUANG on the benefits of blockchain with its transparency. However, he said such transparency does not necessarily mean an improvement in asset liquidity.
HKUST-SKOLKOVO Collaboration (Sept 8)
Sputnik International interviewed Andrei SHARONOV, the President of the Moscow School of Management SKOLKOVO, and he cited HKUST-SKOLKOVO EMBA for Eurasia as one of their collaborations with Eastern partners.
Transformation of the Human Resources Sector (Sept 6)
Ming Pao Daily quoted comments by Chair Prof GONG Yaping on how human resources personnel should make good use of technology as many HR skills will go autonomous in near future.
Profile Article on Professor Roger King(Sept 3)
East Money carried a profile article on Adjunct Prof Roger KING, featuring some of his major achievements in the business world and citing some companies that he turned loss into gain.
Family Governance is the Key in Family Business (Sept 3)
HK Economic Journal (解牛集) carried an article by Associate Director of Tanoto Center for Asian Family Business and Entrepreneurship Studies Adjunct Associate Prof Winnie PENG on the importance of governance in family business and succession planning.
Social Unrest and Impacts on Local Economy (Sept)
During the month, various media interviewed Emeritus Prof Francis LUI or cited his comments on the recent social movements, especially its impacts on the economy. They included Sina Finance, Huanqiu, Sohu and HKCNA cited his views over the public retraction to the extradition bill. Yazhou Zhoukan interviewed him on his estimated economic loss as a result of the recent social unrest. DFS Caller and Global Times carried his remarks on the long-term impact on the economy and the city's reputation. Speakout.hk featured his article on the economic relationship between HK and Mainland.