In the Media

Are “green products” necessarily environmentally friendly? Not really. Since going green is beneficial to the brand and its profit, some companies will exaggerate the environmental protection effects of their products or services by providing false information to mislead the public. This is known as "greenwashing".

The government announced Hong Kong's 2024 Q1 real GDP YoY growth of 2.7%, down from last year’s 4.3%, reflecting moderate growth. In an interview with Now News, Professor Heiwai Tang, Associate Dean of HKU Business School and Director of Asia Global Institute explained the difference was caused by the pent-up demand after the pandemic.

As geopolitics intensifies, many mainland companies are relocating production lines to other countries to diversify investments. Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of Asia Global Institute, mentioned in an interview with Commercial Radio Hong Kong that Hong Kong can seize this opportunity to position itself as a multinational supply chain management centre. By offering support services like logistics, import and export trading to mainland companies in operating business overseas, Hong Kong can foster the development of the headquarters economy.

In a recent paper published in Nature Biotechnology, Prof. Andy Back and his co-authors address this question by examining 2.3 million grants at the US National Institutes of Health from 1985 to 2017.

香港地狹人稠，公共房屋資源緊絀。不少基層人士因未能輪候到公屋，而被迫選擇住於狹小且生活環境惡劣的劏房。可諷的是現時居住公屋的住戶中，有為數不少擁有名車甚或在外地有物業，過着不俗的物質生活。他們被統稱為「富戶」。

Will the US's new tariff-hike severely affect China's economy? Prof. Heiwai Tang, Associate Dean of the HKU Business School and Director of the Asia Global Institute commented in a recent interview with South China Morning Post SCMP that the US administration's tough stance towards China is obviously a strategic move during the election year. “The significant increase in US tariffs on Chinese EVs is more symbolic than having any substantial impact on China’s EV industry,” Prof. Tang shared.

香港旅遊業發展有何新方  

Geopolitical risks have prompted Asian family offices to switch their investment focus. “Many billionaires have moved their family offices to Hong Kong, so they can manage their investments globally," said Prof. Zhiwu Chen, Chair Professor of Finance at HKU Business School. The number of family offices in Hong Kong has surged to more than 2,700, which is nearly 2.5 times more than Singapore.

The norm of ‘going north’ distresses local businesses. Yet, the author believes limited long-term impact on Hong Kong's economy. The development of local service industry actually is more correlated with the city's ability to grow its future economy and sustain long-term global competitiveness.