Highlights
HKUST Acquires United Centre Property for Teaching Purposes (Jul 9)
Various media reported that HKUST has confirmed acquiring the entire 4th floor of United Center in Admiralty for HK$354.4 million for teaching purposes. The HKUST Business School has been operating teaching facilities in business centers in downtown areas to facilitate classes and interaction for students and staff.
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School Experts Share Insights on Stablecoin-related Developments
In the lead-up to the enactment of the new Stablecoin Ordinance on 1 August, experts from the School shared their insights on stablecoins-related topics with media.
In a TVB Finance Magazine interview, Acting Dean Prof. HUI Kai-Lung said that HK is expected to grant a small number of Stablecoin issuer licences, and stablecoin transactions are unlikely to fully replace SWIFT-based transactions. (report 1, report 2). Prof. Hui told HOY TV (HoY TV, icable, icable 2) that while stablecoins can facilitate capital flow, they could also be exploited for financial crimes. In interviews with Now TV, China Daily, and Exmoo News, Prof. Hui discussed stablecoin-related regulatory issue. In HKEJ column articles (article 1, article 2), he wrote about business model of stablecoin issuers.
According to a speakout.hk report, Adjunct Prof. KC CHAN, Dept of Finance, stated at a fintech forum that stablecoins and their underlying technology can speed up transaction process and address the pain points of cross-border transactions.
In an interview with HK01, Prof. Emeritus Francis LUI stated that stablecoins might increase money supply, and pose risks of runs on stablecoin issuers. In an HK Economic Times article, he also examined the pros and cons of stablecoin, and ways to safeguard HKs currency system against the influx of USD-backed stablecoins into the local market.
In a report published in cointelegraph and coinness.com about the plunge of HK stablecoin stocks amid the city's new regulatory transition, Prof. Allen HUANG, Head of Dept of Accounting, said the drop was a healthy correction.
HKUST Institute for Financial Research’s Asst. Director Dr. TANG Bo remarked in an interview that stablecoins serve as a bridge between traditional finance and the crypto world, offering benefits such as improved payment efficiency. (ifeng.com, dyhjw.com)
Separately, during interviews with Economic Digest (YouTube) and RTHK Radio 1 (RTHK and Facebook), Acting Dean Prof. Hui Kai-Lung identified common online scams in HK and shared prevention tips while highlighting features of the School’s new MSc in Information and Cyber Security Management program.
OTHERS
Fueling Consumption to Boost Sustainable Growth (Jul 31)
Prof. JIN Keyu of the HKUST Institute for Financial Research shared her insights on bolstering consumer spending in China during a media interview (chinadaily.com.cn, 881903.com, Line Today , jrj.com.cn, sina.com.cn, eastmoney, ifeng.com, eastmoney 2, ifeng.com 2, qlwb.com.cn, sina.cn, Wenweipo and tkww.hk)
Excessive Competition Yields No Winners (Jul 28)
An HK Economic Journal column article by Acting Dean Prof. Hui Kai-Lung looked into the downside of excessive competition, which leads to no winners.
Faculty Honored as RGC Research Fellow (Jul 25)
Various media, including Mirage News, am730, headline4hk.com, bau.com.hk, hkong.hk, hkong.hk 2, BAUHINIA, reported that a research project undertaken by Assoc. Prof. JI Yan, Dept of Finance, about AI-powered imperfect competition in financial markets, has been selected for a fellowship award under the 2025/26 Research Grants Council’s (RGC) Research Fellow Scheme.
School Co-organizes Seminar Featuring World-renowned Economist Prof. Jeffrey Sachs (Jul 25)
A seminar co-organised by the School featured Prof. Jeffrey SACHS, world-renowned professor of economics and Director of the Center for Sustainable Development at the Columbia University. In his speech on "Sustainable Development in Hong Kong and East Asia", he noted that as the US actively retreats from global cooperation, the rest of the world must strengthen its commitment to United Nations-based multilateralism.
China Daily, dotdotnews, bau.com.hk, eastmoney, jg-mvvm.eeo.com.cn, cnfin.com, finance.sina.com.cn, news.cn, sina.com.cn, chinnews, ifeng.com, finance.sina.com.cn 2, aastocks, quamnet, infocastfn.com, Taiwan.cri.cn, sina.com.cn, people.com.cn, sina.com.cn 2, crntt.com, hkong.hk
Escalating Tensions in Taiwan Strait (Jul 25)
HK Economic Times ran a column article by Prof. Emeritus Francis Lui, Dept of Economics, on the escalating tensions in Taiwan Strait and the South China Sea.
Scorching Weather to Be Considered in Tourism Planning (Jul 25)
In an HK Economic Times column article, the School’s Center for Business and Social Analytics Assistant Manager NGO Wern and Visiting Scholar Dr. LIM Hyung-Soo wrote about making early preparations to travel to HK amid scorching weather.
Building Healthy Industry Ecosystem. (Jul 21)
An HK Economic Journal column article by Acting Dean Prof. Hui Kai-Lung delved into building a healthy industry ecosystem.
Examining Cross-stock Return Momentum (Jul 19)
In an HK Economic Journal article, Prof. YU Jialin, Dept of Finance, shared his insights on cross-stock return momentum.
Emerging Technologies Promise New Opportunities (Jul 18)
An HK Economic Times column article by Chair Prof. LI Jiatao, Dept of Management, looked into the ten emerging technologies that bring new business opportunities across different areas.
Political Considerations behind One Big Beautiful Bill Act (Jul 18)
HK Economic Times published an article by Prof. Emeritus Francis Lui, Dept of Economics, on President Trump's political positions behind the One Big Beautiful Bill Act.
School Launches New Program with Tsinghua University’s PBC School of Finance (Jul 16)
The School and Tsinghua University’s PBC School of Finance jointly launched a program aimed at developing global leaders in finance and tech. The inaugural ceremony took place at Tsinghua University, where HKUST Provost Prof. GUO Yike and Head & Chair Prof. LOU Dong, Dept of Finance, highlighted the program’s role in equipping entrepreneurs to tackle globalization challenges. (People.com.cn and Sina)
Domestic Consumption Key to China's Technological Advancements (Jul 16)
In an HK Economic Journal column article, Prof. Jin Keyu of the HKUST Institute for Financial Research emphasized that to strengthen its position as a global technology leader, China should ramp up domestic consumption.
Supporting Digital Finance Innovations (Jul 11)
Adjunct Prof. KC CHAN, Dept of Finance, was among the award presenters at Metro Finance's HK Digital Finance Award 2025, according to reports by Sing Tao Headline.com, Line Today, metro.hk.
How Family Enterprises Should Avoid Falling into Debt Crisis (Jul 11)
In an HK Economic Times column article by Director of Roger King Center for Asian Family Business and Family Office Prof. Winnie PENG, offered three tips for family enterprises to avoid falling into debt crisis.
Protection against Covert Destabilizing Forces (Jul 11)
In an HK Economic Times column article, Prof. Emeritus Francis Lui, Dept of Economics, writes about how the National Security Law could protect HK from US' covert operations to destabilize the city.
HKUST Names Teaching Lab (Jul 11)
An am730 column article mentioned that HKUST named a teaching lab at the Business School the “Dr Allen L.T. Shi Information Technology Laboratory.”
Winners Announced for 2025 China's Best Managed Companies Awards (Jul 8)
Various media reported about the announcement by the School, Deloitte, and Harvard Business Review China on the winners of the 2025 China's Best Managed Companies Awards.
People.com.cn, sina.com.cn, chinadaily.com.cn, jjckb.cn, china.com.cn, ifeng.com, yicai.com, eastmoney, ifeng.com 2, hexun.com, jrj.com.cn, sina.cn, news.cn, news.cn 2, china.com.cn 2, eastmoney 2, sina.com.cn 2, cb.com.cn, China.org.cn, sina.com.cn, chinanews.com.cn, eastmoney, ifeng.com, eeo.com.cn, sina.com.cn 2, financialnews.com.cn, cei.cn, china.com.cn, bjd.com.cn, sina.com.cn 3, ifeng.com, eastmoney 2, hunantoday.cn, zqrb.cn, eastmoney 3, sina.com.cn 4, stcn.com, sina.com.cn 5, zqrb.cn, ce.cn, itbear.com, jiemian.com
Excellence over Expansion in University Planning (Jul 8)
In an interview with Chosun Ilbo, Prof. Wooyoung LIM, Head of Dept of Economics, expressed doubts about South Korean President Lee Jae-Myung's pledge to "create 10 Seoul National Universities (SNUs)." Prof. Lim noted that even SNU struggles to retain faculty, due to rigid seniority-based pay and outdated systems.
Trends in Tourist Spending (Jul 4)
An HK Economic Times column article by the Center for Business and Social Analytics Assistant Manager NGO Wern and Visiting Scholar Dr. Lim Hyung-Soo discusses the four trends in tourist spending.