Fixed Income and Institutions Research Symposium

The Fixed Income and Institutions Research Symposium will feature in-depth paper presentations and discussions in the area of fixed income and related financial institutions, and provide a platform for participants to meet with renowned academics, to exchange their new thoughts and insights.   The one-day symposium will provide coffee breaks, a lunch, and a dinner. Interested participants please register HERE by 9 October 2023 (Monday). Registration is free of charge and will be accepted on a first-come-first-served basis.   Programme: Please click here to view the programme.   Keynote Speakers:     Lukas Schmid, Professor of Finance and Business Economics, University of Southern California   Lukas Schmid is Professor of Finance and Business Economics at the Marshall School of Business, University of Southern California, and a CEPR Research Fellow. Before joining Marshall, Lukas spent a decade at the Fuqua School of Business at Duke University. He currently serves as an Editor for the Finance Area at Management Science, and as an Associate Editor at the Journal of Finance. Lukas' research interests are in dynamic quantitative modeling and structural estimation applied at the intersection of macroeconomics and financial economics. His most recent work was concerned with corporate and sovereign default and credit risk, as well as links between innovation, long-run growth and financial market performance. Lukas’ research has been published in outlets such as the American Economic Review, the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies and the Journal of Monetary Economics. His work on capital structure and asset returns was awarded a Smith-Breeden Award (First Prize) for the best paper in the Journal of Finance, 2010. At Marshall, he teaches investments to undergraduate students and advanced asset pricing to PhD students. Lukas obtained a master’s degree in mathematics from ETH Zurich and a PhD in Finance from the University of Lausanne & Swiss Finance Institute.       Hua He, Professor of Financial Practice, Cheung Kong Graduate School of Business (CKGSB)   Hua He is the Founder of 9M Technologies and Professor of Financial Practice at CKGSB. Before setting up 9MT, Dr He served as the Executive Chairman of the Capital Markets Committee at China International Capital Corporation (CICC). Prior to his engagement with CICC, Dr He has worked at Lehman Brothers and Nomura Securities in Hong Kong for 10 years, holding senior positions as Head of China Equities, Head of Fixed Income and Equity Research for the Asia Pacific region.   Earlier, Dr He held positions as Managing Director at Salomon Brothers and Convergence Asset Management (CAM). Dr He received his PhD from the Massachusetts Institute of Technology and was a tenured Professor of Finance at UC Berkeley and Yale.   Organising Committee: Bing Han, Visiting Chair Professor of Financial Economics, The Hong Kong Polytechnic University Jie Cao, Professor of Finance, The Hong Kong Polytechnic University Nan Yang, Associate Professor of Finance, The Hong Kong Polytechnic University

蘇黎新教授獲邀出席「激發香港『興』的動能座談會」重點項目簽約儀式

本院學院主任蘇黎新教授獲香港貿易發展局及多個本地商會邀請，以簽約代表身份出席八月二日「激發香港『興』的動能座談會」 ，並於行政長官及司局長等主要官員見證下，與安永中國主席陳凱先生一同參與重點項目簽約儀式。簽約儀式進一步鞏固雙方合作關係，有助本院與安永推動香港可持續經濟及綠色金融發展，並且繼續就相關議題發揮積極作用。 Photo credit: 政府新聞處

Prof. Jack Poon was appointed as a member of the Task Force on promoting Hong Kong Web3 Development

Prof. Jack Poon, Professor of Practice (Fintech, Entrepreneurial Finance) of the School of Accounting and Finance, has been appointed by the Government as a member of the Task Force on Promoting Web3 Development.  Chaired by the Hong Kong Financial Secretary Paul Chan, the Task Force aims to provide recommendations on the sustainable and responsible development of Web3 in Hong Kong.  The appointment will take effect from 1 July 2023, for two years.   Press Release Task Force on Promoting Web3 Development established

Our student team won the first runner-up at the CGMA Global Business Challenge 2023

Congratulations to our students for winning the first runner-up at the CGMA Global Business Challenge 2023! The team consist of BBA in Accountancy students Ngai Yee Ting and Zhai Danjie, BBA in Accounting and Finance student Wan Ka Yan and BBA in Management student Lun Kocki Thomas. Special thanks to Dr William Wong for coaching the team. The CGMA® Global Business Challenge 2023 is an international business competition held by AICPA® & CIMA® for nurturing young business leaders. It provides students with an opportunity to gain practical experience and fulfil leadership potential.  

Result Announcement: Outstanding Alumni Award of PolyU School of Accounting and Finance 2023

We are pleased to present the “Outstanding Alumni Award of PolyU School of Accounting and Finance 2023” to three distinguished graduates in recognition of their Community Service/Professional/Entrepreneurial Achievement, active support to their alma mater as well as impactful contributions to the wider community. Congratulations to the following awardees!   Outstanding Alumni Award in Community Service Achievement of PolyU School of Accounting and Finance Mr WONG Chun Bong, Alex王振邦先生 Founder and Proprietor, C. B. Wong & Co. Higher Diploma in Accountancy (1982) Mr Wong Chun Bong, Alex is a certified public accountant and is the founder and proprietor of C.B. Wong & Co. He has previously worked as a lecturer at his alma mater. Alex is a Council Member of the University and has served on various committees. He is particularly active in alumni affairs and has served as the President and Director of the Federation of The Hong Kong Polytechnic University Alumni Association and the Accounting and Finance Graduates Association. Alex is also known for being a staunch supporter of university-wide initiatives. He has made generous contributions towards mentoring students and improving the University’s facilities.   Outstanding Young Alumni Award in Professional Achievement of PolyU School of Accounting and Finance The Hon. WONG Chun Sek, Edmund黃俊碩議員 Legislative Councillor, Legislative Council of HKSAR Master of Professional Accounting (2021)   Hon. Wong Chun Sek, Edmund is a legislative councillor representing the accountancy sector in Hong Kong. He has served on various committees for professional bodies, including the Hong Kong Institute of Certified Public Accountants (HKICPA) and the Society of Chinese Accountants and Auditors (SCAA). Edmund is a Fellow Certified Public Accountant (Practising) and is currently the Practising Director of Patrick Wong CPA Limited. He is a loyal supporter of the School of Accounting and Finance's student development programmes and has made generous contributions towards nurturing young professionals for the industry. Edmund is also known for his continuous commitment to community and voluntary services. He is actively involved in district affairs and different uniformed groups.     Outstanding Young Alumni Award in Entrepreneurial Achievement of PolyU School of Accounting and Finance Mr LI Wai Ming, Wallace李偉明先生 Founder and Director, Crudo International Limited Bachelor of Business Administration (Hons) in Accounting and Finance (2013)   Mr Li Wai Ming, Wallace is the Founder and Director of Crudo International Limited, a fashion and accessory company specialising in customised fashion and leather goods. Wallace’s outlets can be found in many major shopping malls. In recent years, his e-commerce business has helped him to identify a niche in the overseas market and acquire a wide global fan base. An accounting graduate and budding entrepreneur, Wallace devised various innovative design and production techniques to develop his unique product lines. He also collaborated with local and international partners to promote sustainability, especially the use of natural tanning and recycled leather, in the industry. Wallace is also known for his support to the School’s student activities. He was actively involved in student activities during his undergraduate years.    

ChatGPT與香港金融就業論壇

隨著科技急速發展，人工智能正逐部改變我們的工作和生活方式。會計及金融學院將舉辦ChatGPT與香港金融就業論壇...

Pacific-Basin Finance Journal (PBFJ) Special Issue Conference

To commemorate the 30th anniversary of the landmark seminal paper “Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency” by Prof. Sheridan Titman and Prof. Narasimhan Jegadeesh, the Pacific-Basin Finance Journal (PBFJ) Special Issue Conference will be held at The Hong Kong Polytechnic University (PolyU) on 18 and 19 May 2023.

大咖聊經濟與香港金融就業論壇

會計及金融學院將舉辦大咖聊經濟與香港金融就業論壇，深入探討經濟狀況。是次論壇邀得思睿集團首席經濟學家洪灝先生...

PolyU’s School of Accounting and Finance releases 2023 semi-annual Fintech Adoption Index survey result

(10 May 2023) The Hong Kong Polytechnic University’s (PolyU) School of Accounting and Finance, in collaboration with AI stock investment app Asklora, released the 2023 first-half Fintech Adoption Index (FAI) report. It aims to measure the latest condition and barriers of consumer fintech adoption and provide recommendations to fintech suppliers and policymakers to improve financial inclusion in Hong Kong. On 25 Apr, The FAI released its 2023 semi-annual report. Ir. Prof. T.C. Edwin Cheng, Dean of PolyU Business School and King Leung, Head of Fintech at InvestHK, attended the FAI release event with several fintech leaders and representatives from the Hong Kong Monetary Authority and Consumer Council.  The FAI surveyed over 2,000 Hong Kong residents on their adoption of key fintech applications divided into five fintech segments: digital payment (DP), virtual bank (VB), virtual insurance (VI), virtual wealth (VW), and virtual assets (VA).   The survey found that 74% of all respondents were users of at least two fintech segments, with digital payment leading the way with a 91% adoption rate. The three most commonly adopted fintech segments are digital payment, virtual banks, and virtual wealth.   Further analysis showed that fintech adoption in Hong Kong was higher among users between their 30s and 50s than younger Gen Z users. Additionally, our survey showed that fintech adoption was skewed toward males and users with higher education and higher income. Property ownership was positively correlated to fintech adoption. Gabriel Kung, Chief Commercial Officer of Bowtie, a virtual insurance company, said, “Data from the FAI report provided insightful information for the virtual insurance industry. looking ahead to the future, Bowtie will further improve our online insurance platform in order to offer a convenient yet reliable online insuring experience to citizens.” In fact, the FAI data provides pragmatic marketing strategies for other fintech startups, such as Asklora, an AI-based stock investment platform that is an FAI collaborator and supporter. Stephen Joon CHOI, Co-founder and Chief Technology Officer of Asklora, said, “Asklora has shifted its focus from younger, inexperienced investors to a slightly older and wealthier target audience based on the FAI report.” The survey also revealed a need for Chinese language educational services on fintech to address a potentially underserved population. While there is a great success in Hong Kong fintech adoption, the average fintech adoption across all segments is 54%, which indicates a bifurcation: certain segments, such as digital payments, are a resounding success, but others, such as virtual assets, have yet to take true acceptance.  The FAI survey asked non-adopting participants why they chose not to use the fintech services. The top two answers were satisfaction with existing services and distrust of new technology. With the upcoming SFC licensing regime on virtual assets, virtual assets may exhibit the highest user growth in the coming months.  In the future, the PolyU-Asklora FAI survey plans to incorporate areas related to behavioral finance, investment and retirement options for consumers, enablers for small-medium enterprises, aspects of fintech usage, and the challenges and opportunities for fintech providers from a user perspective in future research.  The PolyU-Asklora FAI project is led by Dr. Jingran ZHAO, Associate Professor of the School of Accounting and Finance of PolyU, Jack POON, Professor of Practice from the same school, and Stephen Joon CHOI, Co-founder and Chief Technology Officer of Asklora. For more information on the PolyU-Asklora FAI, please visit https://www.polyufai.org.  

PolyU Builds Strategic Partnership with Sing Tao News Corporation

PolyU signed a Memorandum of Understanding with Sing Tao News Corporation at PolyU on 5 May 2023. Center for Economic Sustainability and Entrepreneurial Finance (CESEF) and Sing Tao endeavour to raise industry and public awareness of ESG through CESEF. The CESEF team will also form a panel of judges to choose winners of Sing Tao’s ESG awards.  To further promote knowledge transfer and ESG application, a series of activities, such as seminars and workshops, will be launched this year through the collaboration between CESEF and Sing Tao. The activities are expected to generate considerable interest in ESG and attract a significant number of participants.    Event Photos   Media Coverage   Sing Tao signs memorandum of understanding with PolyU on ESG cooperation (The Standard, 5 May 2023) Sing Tao and PolyU join hands to promote ESG (The Standard, 8 May 2023) 星島夥理大擬推首個ESG認證計劃 評估企業相關表現 (星島頭條, 5 May 2023) (in Chinese only) 星島理大擬推首個認證計劃 評估企業ESG相關表現 (星島頭條, 5 May 2023) (in Chinese only) 星島理大簽備忘錄 合作推廣ESG (星島日報, 6 May 2023) (in Chinese only) 攜手推動ESG發展 共建更美好香港 (頭條日報, 8 May 2023) (in Chinese only)