HIGHLIGHTS
Manpower Study Looks into Core Competencies Required by Fintech Industry
Local dailies, including , Sing Tao, HK Economic Times, ODN, HK01, Ta Kung Pao, Wen Wei Po, Lion Rock Daily, LINE Today, Bastillepost reported a “Fintech Talent Development, Competency and Manpower Study” conducted by the School’s Fintech Research Project Team. Highlighting the strong demand for fintech talent, Dean Prof. TAM Kar Yan talked about the most needed competencies for fintech professionals, and wrote in an HKET column detailing the key observations from this industry-wide survey with the participation of more than 80 fintech companies. The study, which was also featured in supplements in SCMP and HKET, aims to provide a useful point of reference for industry players, educational institutions and the government to map out their talent development strategies.
OTHERS
QS Global Joint EMBA Rankings Released (June 30)
Local dailies, including Headline Daily, HK Economic Times and ODN reported on the latest EMBA Rankings for Joint Programs conducted by QS. TRIUM claimed top spot, while the Kellogg-HKUST EMBA was ranked No.2 holding either the first or second places for four straight years.
App for Minibuses (June 29)
In a column in HK Economic Times discussing customer satisfaction in public transport, the app - “USTransit” - co-developed by alumnus Jason YUEN which provides information on minibus arrival time, was featured as an example that helps enhanced the satisfaction level.
An Opportunity to Attract Overseas Talent (June 26)
Emeritus Prof. Francis LUI, Department of Economics, wrote in HK Economic Times to explain why professionals may leave the US in the wake of the US President Donald Trump’s restriction on immigration policies and western government’s poor handling of the COVID-19 pandemic. He said the HK government should seize the chance and attract these talented people.
About “Health Visa” for Visitors (June 26)
Adjunct Prof. Erwin HUANG, Department of ISOM, wrote in HK Economic Times. He talked about how a “health visa” for visitors can balance public health and economic recovery in the future.
KC Chan: No Reason for HK Dollar to be Unpegged (June 24)
Adjunct Prof. CHAN Ka Keung, Department of Finance, was interviewed by Wen Wei Po. Commenting on Hong Kong’s Linked Exchange Rate System, he said there’s no reason to make Hong Kong dollar to be unpegged from US dollar.
Online Learning for Grassroots Students (June 23)
Ming Pao Daily carried an article by Adjunct Prof. Erwin HUANG on what should be done to support underprivileged students in e-learning.
HK Manufacturers Struggle to Revitalize Factories in GBA (June 19)
SCMP zoomed in on the difficulties faced by HK companies in the Greater Bay Area, in which Emeritus Prof. Francis LUI said any reversal in globalization would make it more difficult for these firms to sell their products overseas.
About Global Supply Chain (June 19)
Adjunct Prof. Erwin HUANG wrote in HK Economic Times on how university graduates can adapt to the unknown ahead. Separately, he wrote another article on how to build a new client base in the wake of the collapse of global supply chain hit by the coronavirus outbreak.
Wisdom of Family Offices During Pandemic (June 18)
Prof. PENG Qian, Director of Tanoto Center for Asian Family Business and Entrepreneurship Studies, wrote in HK Economic Times. She discussed how family offices can set out wealth management strategies in response to the COVID-19 economic slump.
Lure of MBA Job Opportunities in Asia (June 18)
Businessbecause carried an advertorial featuring MBA alumnus Ryan CHAN on his MBA studies and career advancement in Hong Kong.
JUPAS Application Fair (June 16)
Ming Pao Daily reported on a JUPAS application fair where Associate Dean (Undergraduate Student Affairs) Prof. Emily NASON talked about the School’s admission interview arrangements and the traits and skills that interviewers expect of students.
China's Street Vendors (June 12)
AFP carried an article on the flourishing trade of China’s street hawkers. Prof. Albert PARK, Head of Department of Economics and IEMS Director, said he is skeptical that promoting a street vendor economy will substantially boost consumption as hawkers may draw away businesses from regular shops.
New Normal: Home Office (June 12)
Adjunct Prof. Erwin HUANG wrote in HK Economic Times on how working from home becomes the new norm post-COVID-19.
Partnership with Wisers for Business and Social Issue Research (June 11)
Qianlong.com and Tom.com reported that the HKUST Business School signed an MoU with news and social media monitoring company Wisers to conduct joint project and analyze business and social issues.
AI to Crackdown Tax Evasion (June 11)
HK Economic Times carried an article by Associate Prof. Allen HUANG, Department of Accounting, on how AI can help manage and address tax evasion issues.
Rethinking Hong Kong's Luxury Future (June 9)
Vogue Business cited comments by Chair Prof. Albert PARK saying that the approval of the national security law might lead to another six to eight months of protests in the city. He added that more protests and enforcement could lead to conflict and more destabilization.
HK’s Smart Mobility Ambitions and 5G (June 8)
In an SCMP article that looked into the potential and applications of 5G mobile technology, Associate Dean Prof. XU Yan said that some real pain points in city have been identified and HK is about to see if there is a way to solve them with technologies like 5G.
Data Security and 5G Network (June 5)
Adjunct Prof. Erwin HUANG wrote articles in HK Economic Times and HK Economic Journal on data security of 5G phones.
Proposed Sanctions on Hong Kong (June 5)
Emeritus Prof. Francis LUI wrote in HK Economic Times on the US’ proposed sanctions on HK and UK’s possible loosening of immigration requirements for BNO passport holders due to the National Security Law. He pointed out that such moves may benefit HK’s economy as it would reduce the inflow of funds into the local banking system.
Ready for Disruptive Changes in Education (June 4)
Global Focus – the official publication of the international business education accreditation body EFMD, carried a feature article by Dean Prof. TAM Kar Yan. He shared HKUST’s experience in rapidly migrating to online education and other challenges amid a series of social events and health crisis.
An Interview on Hong Kong’s Future (June 4)
In an interview by SUP China with Adjunct Prof. Alicia GARCIA-HERRERO, Department of Economics, she talked about the US’s plan to remove Hong Kong’s special status. She said that Hong Kong’s role as a buffer between China and the West is at stake, but the city may retain its role as an offshore RMB center in Asia.
How Family Businesses Turn Challenges into Opportunities (June 4)
Prof. Winnie PENG, Director of Tanoto Center for Asian Family Business and Entrepreneurship Studies, wrote in HK Economic Times. She discussed how family businesses can transform and turn crisis into opportunities amid the pandemic.
US’s Sanctions and HK’s Economy (1-3 June)
Several media portals, including SCMP, HKCNA, China News and Liberty Times, cited comments by Prof. Emeritus Francis LUI. He pointed out that the effect of US’s sanctions on HK economy would not affect the position of the city as an international financial hub, and such move would hurt US companies instead since they have many investments in HK. He added that if the US was to exclude China from the USD Clearing System, it would speed up the RMB internationalization. Meanwhile, HKET.com cited comments by Chair Prof. Albert PARK to BBC that the US’ decision to revoke HK’s preferential trade and financial status would not lead to any major impact on mainland trades as its export through HK has declined over the years.