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Three Key Challenges and Four Strategic Solutions for the Hong Kong Economy
Three Key Challenges and Four Strategic Solutions for the Hong Kong Economy
Prof. Heiwai TANG
Hong Kong's economy is facing a series of significant challenges, including an ongoing fiscal deficit, not being able to fully leverage the composite advantages of the Greater Bay Area, a shrinking middle class, and a drain of international talent.
18 Dec 2024
Faculty
AI and Its Environmental Consequences: Can We Turn the Tide on Carbon Emissions?
AI and Its Environmental Consequences: Can We Turn the Tide on Carbon Emissions?
Dr. Yifei ZHANG
What's the carbon footprint cost of AI to our planet? The cost is heavy. It's estimated that the training process of ChatGPT-4 has led to over 1,000 tons of CO² emissions. By 2030, it is projected that the AI industry will account for 3.5% of global carbon emissions.
11 Dec 2024
Faculty
While AI Knocking at the Door, What Will Music Industry Answer?
While AI Knocking at the Door, What Will Music Industry Answer?
Dr. Tingting FAN
In 2023, AI has generated over 100million songs, and it is estimated AI will take over 50% of the music market by 2030. AI technology has opened up a new era in music creation, allowing anyone to generate music through a few text commands, challenging the music industries. However, the record companies shouldn't reject AI. Instead, they can seek new business models to reshape the industry with AI.
4 Dec 2024
Faculty
The Culture of Blame: Reflections on the U.S. Election
The Culture of Blame: Reflections on the U.S. Election
Dr. Maurice K.S. TSE
Did you know that blaming others can be just as contagious as a cold? Psychological research has shown that when participants read about political failures, they are more likely to blame others, especially if they see politicians attributing their failures to outside interests. Similarly, when management easily blames employees, it sets a precedent, leading to a culture of blame within the organisation.
27 Nov 2024
Faculty
Will Trump Dismiss Powell?
Will Trump Dismiss Powell?
Dr. Y. F. LUK
With Trump’s recent victory in the U.S. presidential election, the new administration is set to appoint a fresh slate of department heads. However, the position of Federal Reserve Chair Jerome Powell will remain unchanged. Despite being Trump’s nominee, Powell has often found himself at odds with the President, particularly over interest rate hikes, which Trump has publicly criticized.
20 Nov 2024
Faculty
How Can Corporates Implement ESG Initiatives: A win-win for Society and Economy
How Can Corporates Implement ESG Initiatives: A win-win for Society and Economy
Prof. Guojun He
Today, in the face of complex environmental, social, and governance challenges, ESG has become a central focus for businesses. In the past, businesses often improved their ESG ratings by following the criteria of various rating agencies. However, with around 600 ESG rating agencies worldwide, each with its own standards, rating inconsistencies are common. This means that even with significant efforts in ESG, companies may still receive varying ratings.
13 Nov 2024
Faculty
The U.S., Tariffs, and Trump
The U.S., Tariffs, and Trump
Dr. Y. F. LUK
In the highly anticipated US presidential election, regardless of the outcome, the elected candidate will significantly impact the international political and economic landscape. Trump's foreign economic policy during his first term has already become apparent, with a strong focus on using tariffs as a negotiation tool. If re-elected, he intends to impose tariffs of up to 60% to 100% on Chinese products and 10% to 20% on goods from other countries.
6 Nov 2024
Faculty
Navigating Hong Kong’s Trade Digitalization: Three Essential KPIs
Navigating Hong Kong’s Trade Digitalization: Three Essential KPIs
Prof. Heiwai TANG
E-commerce sales in Hong Kong currently represent only 8% of total retail sales, significantly lower than in markets like mainland China, the UK, and South Korea. This suggests substantial growth potential for e-commerce and digital trade in the region. The city should seize future trade trends and focus on digitizing trade by achieving three KPIs: the realization of paperless trade, the development of cross-border e-commerce, and the advancement of digital services trade.
30 Oct 2024
Faculty
Challenges to ESG Investment: Who’s Pushing Back and Why?
Challenges to ESG Investment: Who’s Pushing Back and Why?
Dr. Yifei ZHANG
Environmental, Social, and Governance (ESG) investing is rapidly gaining traction in global financial markets, aiming to integrate environmental protection and social responsibility into investment decisions to promote sustainable development. Despite its wide support, ESG investing faces criticism, particularly in the United States, where some state governments and the energy sector express concerns about its potential negative impact on the economy and business competitiveness.
23 Oct 2024
Faculty
Examining the Key Factors Driving the Mainland Economy Behind the Stock Market Frenzy
Examining the Key Factors Driving the Mainland Economy Behind the Stock Market Frenzy
Dr. Jing LI
Recently, the People's Bank of China introduced a series of quantitative easing measures, including lowering the reserve requirement ratio and implementing swap facilities to support the stock market. These actions aim to address challenges in economic growth, prevent deflation, and inject liquidity to stimulate the stock market, countering investors' pessimism. However, despite strong stock market performance, the real economy faces challenges, with industrial profits dropping nearly 17% and consumer confidence declining steadily.
16 Oct 2024
Faculty
Our Authors
Prof. Heiwai TANG

Prof. Heiwai TANG

Dr. Yifei ZHANG

Dr. Yifei ZHANG

Dr. Tingting FAN

Dr. Tingting FAN

Dr. Maurice K.S. TSE

Dr. Maurice K.S. TSE

Dr. Y. F. LUK

Dr. Y. F. LUK

Prof. Guojun HE

Prof. Guojun HE

Dr. Jing LI

Dr. Jing LI

Dr. Stephen Y CHIU

Dr. Stephen Y CHIU

Dr. Chi Pui HO

Dr. Chi Pui HO

Prof. Yanhui WU

Prof. Yanhui WU

Prof. Hong ZOU

Prof. Hong ZOU

Prof. Wen ZHOU

Prof. Wen ZHOU

Prof. Michael B. WONG

Prof. Michael B. WONG

Prof. Shipeng YAN

Prof. Shipeng YAN

Prof. Jin LI

Prof. Jin LI

Prof. Yuk-fai FONG

Prof. Yuk-fai FONG

Dr. Xiaoxuan MENG

Dr. Xiaoxuan MENG

Prof. Hongbin CAI

Prof. Hongbin CAI

Dr. Ka-fu WONG

Dr. Ka-fu WONG

Prof. Zhigang TAO

Prof. Zhigang TAO

Prof. Stephen CHING

Prof. Stephen CHING

Prof. Heiwai TANG

Associate Dean (External Relations)

Victor and William Fung Professor in Economics

Director, Asia Global Institute

Director, APEC Study Center

Associate Director, Hong Kong Institute of Economics and Business Strategy

HKEJ Column
Three Key Challenges and Four Strategic Solutions for the Hong Kong Economy
18 Dec 2024
Navigating Hong Kong’s Trade Digitalization: Three Essential KPIs
30 Oct 2024
How to Create a Triple-Win Situation in the Platform Economy
25 Sep 2024
Dr. Yifei ZHANG

Senior Lecturer

BEcon/BEcon & Fin Deputy Programme Director and Admissions Tutor

HKEJ Column
AI and Its Environmental Consequences: Can We Turn the Tide on Carbon Emissions?
11 Dec 2024
Challenges to ESG Investment: Who’s Pushing Back and Why?
23 Oct 2024
International Implementation and Prospect of Sustainable Public Procurement
1 Aug 2024
Dr. Tingting FAN

Principal Lecturer

MBA GBA Programme Director

HKEJ Column
While AI Knocking at the Door, What Will Music Industry Answer?
4 Dec 2024
Kowloon Walled City vs. Spider-Man: Business Models of Intellectual Property
29 May 2024
When will waste reduce after the launch of the Waste Charging Scheme?
1 Feb 2024
Dr. Maurice K.S. TSE

Principal Lecturer

BEcon/BEcon&Fin Programme Director

HKEJ Column
The Culture of Blame: Reflections on the U.S. Election
27 Nov 2024
Will the AI Market Experience a Repeat of the 2000 Dotcom Bubble?
9 Oct 2024
Worrying Fiscal Predicament Looms Large for the US
18 Sep 2024
Dr. Y. F. LUK

Honorary Associate Professor

HKEJ Column
Will Trump Dismiss Powell?
20 Nov 2024
The U.S., Tariffs, and Trump
6 Nov 2024
US Election and the Domestic and Global Economy
2 Oct 2024
Prof. Guojun HE

Professor in Economics

Director, HKU Jockey Club Enterprise Sustainability Global Research Institute

Associate Director, Institute of China Economy

HKEJ Column
How Can Corporates Implement ESG Initiatives: A win-win for Society and Economy
13 Nov 2024
How Should Enterprises Respond to the Increasing Risks of Climate Change and Natural Disaster?
7 Aug 2024
Making China’s Carbon Market to Work: Additions and Subtractions
15 Nov 2023
Dr. Jing LI

Senior Lecturer

BBA (IBGM) Deputy Programme Director and Admissions Tutor

HKEJ Column
Examining the Key Factors Driving the Mainland Economy Behind the Stock Market Frenzy
16 Oct 2024
Exploring the New Directions to Boost Hong Kong’s Tourism
15 May 2024
Post-pandemic Era: Creating a Sustainable Shopping Tourism Experience in Hong Kong
17 May 2023
Dr. Stephen Y CHIU

Honorary Associate Professor

HKEJ Column
CPI or EPI, or Both?
11 Sep 2024
Behavioural Economics on Risk Aversion and Gambling
24 Apr 2024
Insights from Studies on Italian Opera, Policing, and the Slave Trade
14 Mar 2024
Dr. Chi Pui HO

Lecturer

HKEJ Column
Analysing Hong Kong’s Overall Economic Situation with Data
21 Aug 2024
Analyzing Hong Kong’s Overall Economic Situation with Data – Part Two
18 Jul 2024
Analyzing Hong Kong’s Overall Economic Situation with Data – Part One
17 Jul 2024
Prof. Yanhui WU

Professor

HKEJ Column
With Returns Down, Is It Worth Going Up the Educational Ladder?
14 Aug 2024
Finding Hong Kong’s Place in the World of English
10 Jul 2024
Will the Cross-border Consumption Trend Hollow Out Hong Kong’s Economy?
8 May 2024
Prof. Hong ZOU

Professor

IMBA Programme Director

HKEJ Column
Regulations and Taxation of A-share Market Cash Dividends
3 Jul 2024
China’s A-share Market Embraces the Trend of Paying Cash Dividend
26 Jun 2024
The Potential Effects of China’s Registration-based IPO Reform
31 May 2023
Prof. Wen ZHOU

Associate Professor

Associate Director, Asia Case Research Centre

HKEJ Column
Did Oil Companies Collude to Set Gasoline Prices in Hong Kong?
10 Apr 2024
How far are we from a nuclear war?
3 Jan 2024
Why is pork so expensive in Hong Kong?
13 Dec 2023
Prof. Michael B. WONG

Assistant Professor

HKEJ Column
A Quick Reform that Eliminates Subdivided Homes in Hong Kong
15 Feb 2024
Prof. Shipeng YAN

Assistant Professor

HKEJ Column
Is ESG a fad or the future?
24 Jan 2024
Prof. Jin LI

Area Head of Management and Strategy

Zhang Yonghong Professor in Economics and Strategy

Professor

HKEJ Column
Concrete Economics: starting from Hirschman’s Exit, Voice, and Loyalty
27 Dec 2023
AI Adoption and Career Concerns
25 Oct 2023
Economic Moat and The Rise and Fall of Companies
23 Nov 2022
Prof. Yuk-fai FONG

Associate Dean (Taught Postgraduate)

Professor

HKEJ Column
Global Collaboration on AI Regulations is Imperative
12 Apr 2023
Opportunities and Developments of Family Office in Hong Kong
8 Feb 2023
From an Economic and Strategic Perspective: The Shared Value Created by ESG
21 Dec 2022
Dr. Xiaoxuan MENG

Research Assistant Professor

HKEJ Column
Global Collaboration on AI Regulations is Imperative
12 Apr 2023
From an Economic and Strategic Perspective: The Shared Value Created by ESG
21 Dec 2022
New Policies Enabled by Programmable Central Bank Digital Currencies
10 Aug 2022
Prof. Hongbin CAI

Dean

Chair of Economics

Director, Institute of China Economy

HKEJ Column
University Enrolment Expansion brings Hong Kong Multiple Advantages
5 Apr 2023
Reaffirming Our Faith in the Hong Kong Economy
9 Nov 2022
Promoting Hong Kong’s Level of Internationalisation to New Heights
8 Jun 2022
Dr. Ka-fu WONG

Principal Lecturer

HKEJ Column
Making Idle Sports Facilities at Schools Available For Public Use
6 Jul 2022
To Reduce Traffic Congestion with Private Vehicle Quota System
6 Apr 2022
To Balance the Supply and Demand of Parking Space via Technologies and Big Data
2 Mar 2022
Prof. Zhigang TAO

Chair of Economics and Strategy

HSBC Professor in Global Economy and Business Strategy

HKEJ Column
Strategies for Hong Kong invested manufacturers
25 Aug 2021
New career opportunities for Hong Kong youths under the dual circulation strategy
10 Feb 2021
An imminent transformation and upgrading of Hong Kong’s economy
9 Sep 2020
Prof. Stephen CHING

Associate Professor

HKEJ Column
Examining vaccination schemes from behavioural economics
30 Dec 2020
Capitalisation of property taxes
21 Oct 2020
Reform property rates to play down the importance of keeping land prices high
19 Aug 2020
Our Authors
Prof. Heiwai TANG

Prof. Heiwai TANG

Dr. Yifei ZHANG

Dr. Yifei ZHANG

Dr. Tingting FAN

Dr. Tingting FAN

Dr. Maurice K.S. TSE

Dr. Maurice K.S. TSE

Dr. Y. F. LUK

Dr. Y. F. LUK

Prof. Guojun HE

Prof. Guojun HE

Dr. Jing LI

Dr. Jing LI

Dr. Stephen Y CHIU

Dr. Stephen Y CHIU

Dr. Chi Pui HO

Dr. Chi Pui HO

Prof. Yanhui WU

Prof. Yanhui WU

Prof. Hong ZOU

Prof. Hong ZOU

Prof. Wen ZHOU

Prof. Wen ZHOU

Prof. Michael B. WONG

Prof. Michael B. WONG

Prof. Shipeng YAN

Prof. Shipeng YAN

Prof. Jin LI

Prof. Jin LI

Prof. Yuk-fai FONG

Prof. Yuk-fai FONG

Dr. Xiaoxuan MENG

Dr. Xiaoxuan MENG

Prof. Hongbin CAI

Prof. Hongbin CAI

Dr. Ka-fu WONG

Dr. Ka-fu WONG

Prof. Zhigang TAO

Prof. Zhigang TAO

Prof. Stephen CHING

Prof. Stephen CHING

Prof. Heiwai TANG

Associate Dean (External Relations)

Victor and William Fung Professor in Economics

Director, Asia Global Institute

Director, APEC Study Center

Associate Director, Hong Kong Institute of Economics and Business Strategy

HKEJ Column
Three Key Challenges and Four Strategic Solutions for the Hong Kong Economy
18 Dec 2024
Navigating Hong Kong’s Trade Digitalization: Three Essential KPIs
30 Oct 2024
How to Create a Triple-Win Situation in the Platform Economy
25 Sep 2024
Dr. Yifei ZHANG

Senior Lecturer

BEcon/BEcon & Fin Deputy Programme Director and Admissions Tutor

HKEJ Column
AI and Its Environmental Consequences: Can We Turn the Tide on Carbon Emissions?
11 Dec 2024
Challenges to ESG Investment: Who’s Pushing Back and Why?
23 Oct 2024
International Implementation and Prospect of Sustainable Public Procurement
1 Aug 2024
Dr. Tingting FAN

Principal Lecturer

MBA GBA Programme Director

HKEJ Column
While AI Knocking at the Door, What Will Music Industry Answer?
4 Dec 2024
Kowloon Walled City vs. Spider-Man: Business Models of Intellectual Property
29 May 2024
When will waste reduce after the launch of the Waste Charging Scheme?
1 Feb 2024
Dr. Maurice K.S. TSE

Principal Lecturer

BEcon/BEcon&Fin Programme Director

HKEJ Column
The Culture of Blame: Reflections on the U.S. Election
27 Nov 2024
Will the AI Market Experience a Repeat of the 2000 Dotcom Bubble?
9 Oct 2024
Worrying Fiscal Predicament Looms Large for the US
18 Sep 2024
Dr. Y. F. LUK

Honorary Associate Professor

HKEJ Column
Will Trump Dismiss Powell?
20 Nov 2024
The U.S., Tariffs, and Trump
6 Nov 2024
US Election and the Domestic and Global Economy
2 Oct 2024
Prof. Guojun HE

Professor in Economics

Director, HKU Jockey Club Enterprise Sustainability Global Research Institute

Associate Director, Institute of China Economy

HKEJ Column
How Can Corporates Implement ESG Initiatives: A win-win for Society and Economy
13 Nov 2024
How Should Enterprises Respond to the Increasing Risks of Climate Change and Natural Disaster?
7 Aug 2024
Making China’s Carbon Market to Work: Additions and Subtractions
15 Nov 2023
Dr. Jing LI

Senior Lecturer

BBA (IBGM) Deputy Programme Director and Admissions Tutor

HKEJ Column
Examining the Key Factors Driving the Mainland Economy Behind the Stock Market Frenzy
16 Oct 2024
Exploring the New Directions to Boost Hong Kong’s Tourism
15 May 2024
Post-pandemic Era: Creating a Sustainable Shopping Tourism Experience in Hong Kong
17 May 2023
Dr. Stephen Y CHIU

Honorary Associate Professor

HKEJ Column
CPI or EPI, or Both?
11 Sep 2024
Behavioural Economics on Risk Aversion and Gambling
24 Apr 2024
Insights from Studies on Italian Opera, Policing, and the Slave Trade
14 Mar 2024
Dr. Chi Pui HO

Lecturer

HKEJ Column
Analysing Hong Kong’s Overall Economic Situation with Data
21 Aug 2024
Analyzing Hong Kong’s Overall Economic Situation with Data – Part Two
18 Jul 2024
Analyzing Hong Kong’s Overall Economic Situation with Data – Part One
17 Jul 2024
Prof. Yanhui WU

Professor

HKEJ Column
With Returns Down, Is It Worth Going Up the Educational Ladder?
14 Aug 2024
Finding Hong Kong’s Place in the World of English
10 Jul 2024
Will the Cross-border Consumption Trend Hollow Out Hong Kong’s Economy?
8 May 2024
Prof. Hong ZOU

Professor

IMBA Programme Director

HKEJ Column
Regulations and Taxation of A-share Market Cash Dividends
3 Jul 2024
China’s A-share Market Embraces the Trend of Paying Cash Dividend
26 Jun 2024
The Potential Effects of China’s Registration-based IPO Reform
31 May 2023
Prof. Wen ZHOU

Associate Professor

Associate Director, Asia Case Research Centre

HKEJ Column
Did Oil Companies Collude to Set Gasoline Prices in Hong Kong?
10 Apr 2024
How far are we from a nuclear war?
3 Jan 2024
Why is pork so expensive in Hong Kong?
13 Dec 2023
Prof. Michael B. WONG

Assistant Professor

HKEJ Column
A Quick Reform that Eliminates Subdivided Homes in Hong Kong
15 Feb 2024
Prof. Shipeng YAN

Assistant Professor

HKEJ Column
Is ESG a fad or the future?
24 Jan 2024
Prof. Jin LI

Area Head of Management and Strategy

Zhang Yonghong Professor in Economics and Strategy

Professor

HKEJ Column
Concrete Economics: starting from Hirschman’s Exit, Voice, and Loyalty
27 Dec 2023
AI Adoption and Career Concerns
25 Oct 2023
Economic Moat and The Rise and Fall of Companies
23 Nov 2022
Prof. Yuk-fai FONG

Associate Dean (Taught Postgraduate)

Professor

HKEJ Column
Global Collaboration on AI Regulations is Imperative
12 Apr 2023
Opportunities and Developments of Family Office in Hong Kong
8 Feb 2023
From an Economic and Strategic Perspective: The Shared Value Created by ESG
21 Dec 2022
Dr. Xiaoxuan MENG

Research Assistant Professor

HKEJ Column
Global Collaboration on AI Regulations is Imperative
12 Apr 2023
From an Economic and Strategic Perspective: The Shared Value Created by ESG
21 Dec 2022
New Policies Enabled by Programmable Central Bank Digital Currencies
10 Aug 2022
Prof. Hongbin CAI

Dean

Chair of Economics

Director, Institute of China Economy

HKEJ Column
University Enrolment Expansion brings Hong Kong Multiple Advantages
5 Apr 2023
Reaffirming Our Faith in the Hong Kong Economy
9 Nov 2022
Promoting Hong Kong’s Level of Internationalisation to New Heights
8 Jun 2022
Dr. Ka-fu WONG

Principal Lecturer

HKEJ Column
Making Idle Sports Facilities at Schools Available For Public Use
6 Jul 2022
To Reduce Traffic Congestion with Private Vehicle Quota System
6 Apr 2022
To Balance the Supply and Demand of Parking Space via Technologies and Big Data
2 Mar 2022
Prof. Zhigang TAO

Chair of Economics and Strategy

HSBC Professor in Global Economy and Business Strategy

HKEJ Column
Strategies for Hong Kong invested manufacturers
25 Aug 2021
New career opportunities for Hong Kong youths under the dual circulation strategy
10 Feb 2021
An imminent transformation and upgrading of Hong Kong’s economy
9 Sep 2020
Prof. Stephen CHING

Associate Professor

HKEJ Column
Examining vaccination schemes from behavioural economics
30 Dec 2020
Capitalisation of property taxes
21 Oct 2020
Reform property rates to play down the importance of keeping land prices high
19 Aug 2020