[School in Media] Feb & Mar 2020


New column in HKET features faculty insights (Mar 26)
Hong Kong Economic Times has introduced a new column (庖丁篇) that will feature an article, every week, contributed by faculty from the HKUST Business School. With a focus on different topical issues, the first article was written by Chair Prof. HUI Kai-Lung, Department of ISOM. He discussed the issue of “digital divide” in the society as affected by the COVID-19 pandemic, where people especially the elderly got panic and snapped up face masks because of their limited accessibility to information and computers. He said this “Matthew effect” because of digital divide should be addressed in the new digital economy.

CEOWORLD Magazine best business schools for 2020 (Mar 24)

The CEOWORLD Magazine ranked the best business schools in the world for 2020. Of more than 170 business schools ranked by this US-based business magazine, the HKUST Business School took the No.13 spot in the world and No.2 in Asia. The publication compiled the ranking based on parameters such as academic reputation, global influence, admission eligibility, placement rate and corporate feedback. 

Closing the gender gap in business education (Mar 2)
Forbes, Poets & Quants and Mirage News reported on an analysis by a UK-based management consultancy 20-FIRST that promote gender balance. The analysis based on the Financial Times Ranking data showed that HKUST has scored the highest percentage of female faculty (30%) among the top 20 business schools assessed.


HK must address the deeper digital inequalities exposed by coronavirus (Mar 27)
SCMP carried an article by Chair Prof. HUI Kai-Lung on HK’s digital inequalities exposed by the Covid-19 pandemic. Prof. HUI pointed out that people who lack digital skills as well as financial strength are deprived of options. He also highlighted that the divide is more than access to computers and high-speed internet, but in what they can do with the access, particularly in critical times.

China's dominance on masks and drugs (Mar 27)
HK Economic Times and Sky Post carried articles by Emeritus Prof. Francis LUI, Department of Economics, on US dependence on drugs and medical supplies from China. Prof LUI commented the unexpected coronavirus outbreak has exposed the strengths and weaknesses of different countries. He noted the US show a strong reliance on drug supply from China.

Online Fintech course starts registration (Mar 24)
Sina and Sohu featured the online fintech course jointly offered by the HKUST Business School, the China Banking Association, Shenzhen University and the China Construction Bank University. Participants in this program will be the pioneers to grant professional qualification as Fintech practitioners. The course will be launched in April.

Defining the Family Office Landscape (Mar 25)
SCMP.com featured the latest edition of the HKUST Business School Magazine. The new edition presents a series of interviews with some of the best-known family business leaders in the region and some insightful articles written by faculty.

A need for cooperation during the pandemic (Mar 23)
Speakout carried an article by Emeritus Prof. Francis LUI on US labelling COVID-19 as a “Chinese virus”. Prof LUI criticized that the statement used by the US shows racism.

Online platform to connect contractors and customers (Mar 23)
HK Economic Journal featured an online platform that aims to connect renovation contractors and customers. Co-founded by a Global Business graduate Simon TANG, the platform provides free inspection and repair services for the Y-shaped housing estates where a serial of CONVID-19 cases were diagnosed earlier.

US unpreparedness for the impending crisis (Mar 22)
SCMP carried a commentary by a Year-2 student Megan BAZZINI of the World Bachelor in Business Program, expressing her views on how US is not sufficiently prepared to fight COVID-19 and the reasons why we should treasure online learning.

MBA program gives you a CV for the digital age (Mar 21)
Business Because cited comments by Prof Tai Yuan CHEN, Associate Dean and MBA Program Director, on how HKUST MBA program helps boost people’s CV. Prof CHEN stressed that an MBA with technology focus is essential to create leaders who can bridge the business and tech teams, and who have the vision and digital savviness to lead business innovation in the fourth industrial revolution.

Recommended Online RegTech Course (Mar 18)
Fintech News featured an article recommending the Massive Open Online Courses (MOOC) on RegTech, offered by the HKUST Business School. With fintech continuing to transform the banking and financial services landscape, to keep up with this rapidly evolving industry, the HKUST RegTech was among the recommended online courses that was said to be able to help people better understand the sector’s latest trends and technologies.

Sample size of COVID-19 patients (Mar 17)
HK Economic Journal carried a commentary (解牛集) by Prof. Allen HUANG, Department of Accounting, on how the sample size of COVID-19 patients determines its fatality rate, and how the epidemic statistics affect human behavior.

The correlation between panic buying and the trust in government (Mar 11)
A number of news portals, including Bloomberg and The Jakarta Post cited comments by Associate Prof. Amy DALTON, Department of Marketing, on panic buying during the pandemic. Prof. DALTON pointed out that whether the government can inspire confidence in their people depends not just on their leaders’ decisions, but also the characteristics of their respective countries.

Comparison on the infection control measures (Mar 5)
Sina.com carried an article by Emeritus Prof. Francis LUI comparing the infection control measures between China and US. Prof LUI mentioned that the World Health Organization (WHO) has sent a team of experts to inspect the Mainland and praised China in the report.

Ready for the rebound (Feb 27)
SCMP carried an article by Adjunct Assistant Prof. CHOI Joon Nak, Department of Management, about the impact of the Covid-19 outbreak on Chinese consumer spending. He shared a study comparing buying intentions in different consumer segments and said consumer-facing businesses in Hong Kong and on the mainland need to plan beyond the crisis to position themselves for a recovery.

Growing concern on Internet negative impact (Feb 24)
HK Economic Journal carried an article (解牛集) by Chair Prof. HUI Kai Lung, Department of ISOM. Prof. Hui discussed the growing concern over the adverse impacts of the Internet development, including some illegal as well as unethical issues incurred. He said these problems should be addressed in time to avoid distortions on use and development of the Internet.

Impact on the shrinking number of research reports (Feb 10 & 17)
HK Economic Journal, in two consecutive weeks, carried articles (1 & 2) (解牛集) by Prof. Allen HUANG, Department of Accounting. Prof. Huang discussed the background and consequences of the amended legislation by the European Union - Markets in Financial Instruments Directive II - MiFID II after it came into effect in 2018.  He also explained how the “unbundling research payment”, as a result of the new legislation, affects the number of research reports produced.

HK medical workers strike reflects moral degradation (Feb 17)
Yazhou Zhoukan carried a column article by Prof. Emeritus Francis LUI, Department of Economics, on his perspective of the strike staged by the HK medical workers. He commented that taking patients as hostages amid the coronavirus outbreak is a degeneration of ethics and it also violates the Hippocratic Oath, an oath of ethics historically taken by physicians.

An EMBA alumna distributes surgical masks to the people in need (Feb 16)
Topick featured a story on Lisa LAU, alumna of KH Executive MBA program, who gave out surgical masks for free to the residents and the elderly in Tin Shui Wai.  Lisa said that we should help each other in difficult times.

How “New Wealth” reshape family office trends (Feb 3)
HK Economic Journal carried an article (解牛集) by Prof. PENG Qian, Director of the Tanoto Center for Asian Family Business and Entrepreneurship Studies. Prof Peng discussed the growing new wealth in Asia and how it reshapes the trends and focuses of family offices in the region.