A lasting family legacy is about more than preserving wealth – it is about preserving values, harmony and a shared sense of purpose. These ideas came to life during the fourth module of the HKUST Entrepreneur InnoTech Management Scholar Program (EITMS), themed “Family Legacy and Investment.”
The program brought together cutting-edge technology insights and practical perspectives on family governance, wealth stewardship and legacy building. Led by distinguished academics and industry leaders, the module explored topics ranging from semiconductor innovation and family governance to macroeconomic trends. Prof. Tim CHENG, Vice-President (Research and Development) of HKUST, examined the challenges and opportunities shaping the AI and semiconductor industries, while Prof. Roger KING, Adjunct Professor of Finance, introduced the “Three Preservations” of wealth, harmony, and values. Prof. Winnie PENG, Associate Professor of Business Practice in Finance, highlighted the influential role of family values in shaping a legacy beyond legal structures such as trusts.
HKUST faculty speakers, from left: Prof. Tim CHENG, Prof. Roger KING, and Prof. Winnie PENG
Mr. Mahesh HARILELA, Family Council Convenor of Harilela Group, presented the governance practices of a 165-member family, and Mr. CHEN Xu, Chief Investment Officer of Luhua Daosheng Family Office, offered a buyer’s perspective on family offices. The module also featured insightful discussions on the global economy, with Dr. HUANG Haizhou, a member of the Monetary Policy Committee of the People's Bank of China, examining the future of international currencies and prompting lively exchanges beyond the classroom, while Dr. XING Ziqiang, Chief Economist and Managing Director ofMorgan Stanley China, analyzed China’s K-shaped economy and welfare reforms.
Clockwise from top left: Mr. Mahesh HARILELA, Mr. CHEN Xu, Dr. XING Ziqiang, and Dr. HUANG Haizhou.
A special visit to Alisan Fine Arts, led by current Principal Ms. Daphne KING, highlights art as a family cohesion tool.
A dinner at China Club blends 1930s nostalgia with camaraderie, echoing the theme of preserving legacies across generations.
Peer sharing and reflections on building a lasting family legacy, with students describing