2857 8636
KK 919
Maurice Tse received a Ph.D. in Finance from Michigan State University. In 1988, when still a Ph.D. candidate, he won the All-University-Excellence in Teaching Award as a graduate course instructor. Maurice joined the School of Business at Indiana University in 1989. In 1991, he also obtained a professional qualification as an Associate of the Society of Actuaries (ASA). Maurice’s teaching has mainly been concerned with telling students how to get rich slowly but surely instead of getting rich fast.
Maurice has also been involved in teaching and consulting services to professional institutions. Since 1995, he has been an external assessor for the University Grants Committee. In 1996, while on staff at HKUST, Maurice taught the Professional Course for Equity Options Practitioners and the Diploma Course in Derivatives and Risk Management for the Stock Exchange of Hong Kong. In 1993 and 1994, he served on one of the Examination Committees in the Society of Actuaries. In 1991, he prepared the 1991 Housing Affordability Report for the Housing Finance Authority, State of Indiana, USA, to assist the state in complying with Department of Housing and Urban Development regulations.
Maurice has wide research interests, which include the effects of government regulations on the volatility and the wealth transfer in financial markets, asset pricing, corporate finance, and risk management. His current research focuses on the valuation of hybrid mortgage, signaling and corporate acquisitions, market structure and return volatility in Hong Kong, the commercial real estate market adjustment process, and the U.S. and Japanese Currency and Stock Market Responses to Japanese Merchandise Balance of Trade Announcements
Will generative artificial intelligence (AI) become the next technology bubble? Or is it simply a short-term market adjustment? The rapid development of AI has attracted significant investment, yet many experts are raising alarms about a potential dotcom bubble. Some argue that AI companies are overvalued, with limited actual gains, urging investors to adopt a rational and objective approach to the sector's development.
Will generative artificial intelligence (AI) become the next technology bubble? Or is it simply a short-term market adjustment? The rapid development of AI has attracted significant investment, yet many experts are raising alarms about a potential dotcom bubble. Some argue that AI companies are overvalued, with limited actual gains, urging investors to adopt a rational and objective approach to the sector's development.
Over the past 5 years, the US government's fiscal deficit has persistently exceeded $1 trillion, positioning the country among global leaders in debt levels. Economists and international institutions are concerned that the government's fiscal deficit has consistently exceeded 3% of GDP. Currently, US public debt stands close to 100% of GDP, projected to rise to 116% by 2034, posing a significant burden on the country's long-term economic development.
Over the past 5 years, the US government's fiscal deficit has persistently exceeded $1 trillion, positioning the country among global leaders in debt levels. Economists and international institutions are concerned that the government's fiscal deficit has consistently exceeded 3% of GDP. Currently, US public debt stands close to 100% of GDP, projected to rise to 116% by 2034, posing a significant burden on the country's long-term economic development.
The World Economic Forum has identified misinformation and disinformation as the most significant short-term risks faced by the global community. Another research report suggests that the financial impact of fake news results in a $39 billion loss in the stock market annually.
The World Economic Forum has identified misinformation and disinformation as the most significant short-term risks faced by the global community. Another research report suggests that the financial impact of fake news results in a $39 billion loss in the stock market annually.
Decentralized finance (DeFi) and the virtual asset market are important sectors of the Web 3.0 ecosystem and a must-win battle for global financial cities. They bring changes to traditional investment methods, but also give rise to concerns of network security and regulations. DeFi-related investment activities often involve market participants from multiple jurisdictions, resulting in varying regulatory standards. While operators and service providers can take advantage of regulatory loopholes, regulators also find it difficult to collect relevant information. There is also a lacking of unified definitions and classification standards for cryptocurrencies, making it challenging for financial regulators in different countries to analyze and identify the authenticity of various cryptocurrency products. Global financial regulators are advocating for the principle of "same activity, same risk, same regulation" to ensure fair competition among all market participants.
Decentralized finance (DeFi) and the virtual asset market are important sectors of the Web 3.0 ecosystem and a must-win battle for global financial cities. They bring changes to traditional investment methods, but also give rise to concerns of network security and regulations. DeFi-related investment activities often involve market participants from multiple jurisdictions, resulting in varying regulatory standards. While operators and service providers can take advantage of regulatory loopholes, regulators also find it difficult to collect relevant information. There is also a lacking of unified definitions and classification standards for cryptocurrencies, making it challenging for financial regulators in different countries to analyze and identify the authenticity of various cryptocurrency products. Global financial regulators are advocating for the principle of "same activity, same risk, same regulation" to ensure fair competition among all market participants.
Ranking as a top global risk in 2024, misinformation poses severe economic threat. It distorts judgments, leading to resource misallocation and immense economic costs. Moreover, it impacts everyone, regardless of their educational background.
Ranking as a top global risk in 2024, misinformation poses severe economic threat. It distorts judgments, leading to resource misallocation and immense economic costs. Moreover, it impacts everyone, regardless of their educational background.
