In the Media - HKU Business School

Changing Consumption Habits and The Need for a Clearer Positioning of Structural Issues

Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of Asia Global Institute, shared about the Hong Kong economic policies in an interview with EDigest. He pointed out that Hong Kong's economic "upstream" faces numerous issues, such as loans, rent, and raw material supply. These factors have kept the operating costs high for "downstream" businesses. Resolving these problems in a society that upholds small-government free-market principles is undoubtedly a tremendous challenge.

13 Apr 2024

Economics

EDigest (Chinese Only)

Janet Yellen in China: how far did trip move the ball for US-China relations as presidential election looms?

Prof. Zhiwu CHEN

“The November election pressure may force Biden to be more aggressive on the US-China trade front, as this is one issue that American politicians can win easy points,” said Chen Zhiwu, the chair professor of finance at the University of Hong Kong, after Yellen and her Chinese counterparts failed to address some major issues.

11 Apr 2024

Faculty

SCMP

Did Oil Companies Collude to Set Gasoline Prices in Hong Kong?

Prof. Wen ZHOU

Hong Kong has the highest retail fuel prices globally. When oil companies adjust their retail prices, they tend to raise prices simultaneously. Some might argue that the persistently high fuel prices in Hong Kong are due to the high land costs for gas stations. However, when examining the revenue record of oil companies, this argument seems invalid.

10 Apr 2024

Faculty

Money Talk – Your Money

Prof. Heiwai TANG

Carolyn Wright speaks with Professor Heiwai Tang, Associate Dean at HKU Business School in part one of a two part discussion about their recent Green Paper on accelerating Hong Kong’s economic growth.

8 Apr 2024

Economics

RTHK (香港電台)

AI 對工作職位的衝擊

Prof. Heiwai TANG

6 Apr 2024

Economics

RTHK (香港電台)

Japan Ends Negative Interest Rate Policy

Dr. Y. F. LUK

The Bank of Japan recently ended its eight-year negative interest rate monetary policy, sparking interest among international investors in the future trends of the yen exchange rate and the performance of the Japanese economy.

3 Apr 2024

Faculty

學者倡開徵消費稅1%至2%

Prof. Heiwai TANG

本港稅基狹窄，較易受經濟周期性影響，有意見指港府應全面檢視稅務制度，擴闊稅基。港大經管學院副院長（對外事務）、馮國經馮國綸基金經濟學教授鄧希煒認為，當本港經濟環境改善，便應研究開徵消費稅，可考慮以1%至2%起步，相信市民有能力負擔，並探討是否針對部分消費項目及徵收的對象。

2 Mar 2024

Economics

HKEJ (香港信報)

Unveiling the Mask of Fake News

Dr. Maurice K.S. TSE

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.

27 Mar 2024

Faculty

The Development of Climate-related Risk Disclosure Reaches a New Milestone

Dr. Yifei ZHANG

Intensifying extreme weather driven by global warming has severe socioeconomic impacts. In March 2024, the U.S. implemented nationwide climate disclosure rules for listed firms and in 2023 Hong Kong also strengthened oversight for transparency. While disclosures offer companies long-term benefits like reputational gains and risk mitigation, they incur costs and data leak risks.

20 Mar 2024

Faculty