HIGHLIGHTS
Hong Kong’s Pathways to Becoming a Global Fintech Hub
, Commercial Radio HK and HK Commercial Daily reported HKUST Business School’s fintech industry seminar, citing speakers from Invest Hong Kong, the Hong Kong Monetary Authority, and the Financial Services Development Council on way forward for the industry across strategy setting, innovation and talent building.
ESG Awareness and Retail Investment in Hong Kong
Yahoo News cited comments made by Dean Prof. TAM Kar Yan in a radio interview on ESG investment concepts and trends. HK Commercial Daily and AM730 carried articles on the survey co-led by the School and Pictet Asset Management on HK retail investors’ strong intent on Environmental, Social and Governance (ESG) investment.
OTHERS
Talent Supply Key to Professionalization of Family Office Sector (May 26)
HK Economic Times published an article by Prof. Winnie PENG, Director of the Tanoto Center for Asian Family Business and Entrepreneurship Studies, on stabilizing talent supply to improve family offices’ professionalism.
Finance Grad Turns Chief Investment Officer for South Africa Fund (May 24)
Business Because featured Mohale RAKGATE, alumnus of HKUST-NYU Stern MSc in Global Finance, about how his study at HKUST has helped advance his financial career. He is now applying the knowledge he learned from his study in helping the President of South Africa boost the country’s infrastructure funding and reduce inequality.
Popularity Determines the Value of Virtual Asset (May 21)
In a NowTV news feature on virtual assets, Senior Associate Dean Prof. HUI Kai Lung, said that creators of Non-Fungible Token art (NFTs) enjoy the benefit of having sales proceeds credited to their accounts automatically and the value of NFTs is largely based on the creator’s popularity.
Enhancing Business Performance with Age-diverse Workplace (May 19)
HK Economic Times carried an article by Head and Chair Prof. GONG Yaping of the Department of Management, on exploiting the age diversity in the workplace to boost business performance.
Tightening Trend of Corporate Credit Rating (May 17)
Banking Day cited a study led by Head and Chair Prof. HUNG Mingyi, Department of Accounting, in an article on the expanding profit margin of credit rating agency S&P’s Australian operations. The study has found that the quality of credit ratings issued by S&P and Moody’s tended to be “stricter” in markets where they each enjoyed dominant market shares.
Impact on HK Economy from US Rate Hike Cycle (May 14)
Various media portals, including RTHK, Ming Pao, and HK Economic Journal cited comments by Adjunct Prof. KC CHAN of the Department of Finance, on Hong Kong Monetary Authority buying HK$3.164 billion from the market to stop the local currency from breaking its peg to the US dollar, adding that HK has also experienced rate hike cycles in the past so there is no need to be pessimistic, as it will not cause a serious recession.
MBA Grad Takes Advantage of HK’s Drive towards Sustainability Goals (May 13)
Business Because featured HKUST MBA Program in a sponsored story on the five best MBA jobs in Hong Kong. MBA alumnus Varun SOOD, who launched a career at PwC as a senior associate within climate and sustainability after graduation, shared how the courses in sustainability and ESG investing at HKUST have given him an edge in his career.
Professionalizing Family Offices by Sourcing Talent Internally (May 12)
HK Economic Times carried an article by Prof. Winnie PENG, Director of the Tanoto Center for Asian Family Business and Entrepreneurship Studies, on the professionalization of family business management.
Riding out Challenging Times by Leveraging Staff's Creativity (May 6)
HK Economic Times carried an article by Head and Chair Prof. GONG Yaping of the Department of Management on employee-experienced crises and how strengthening a growth mindset could help employees handle the crisis.