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CPI or EPI, or Both?
CPI or EPI, or Both?
Dr. Stephen Y CHIU
Household spending is a key factor in personal and family financial planning, as well as policymaking to improve people's livelihoods. While the government's Consumer Price Index (CPI) is a mainstream indicator, it often fails to accurately reflect the daily living costs of the public. CPI has limitations, such as over-emphasising non-essential goods and services (e.g. Rental expenses and furniture), and people's subjective inflation perceptions tend to be higher than the actual data.
11 Sep 2024
Faculty
China’s EV makers must overcome trust gaps to win over global buyers, survey says
China’s EV makers must overcome trust gaps to win over global buyers, survey says
Prof. Zhiwu CHEN
EY survey: Chinese EV makers must overcome trust gaps to win global buyers. 35% Asia-Pacific & 30% Europe won't buy Chinese EVs due to lack of trust. Prof. Zhiwu Chen says trust reflects broader China perceptions.
10 Sep 2024
Faculty
SCMP
The Dark Side of Algorithm: From Big Data-Driven Price Discrimination to Tacit Collusion
The Dark Side of Algorithm: From Big Data-Driven Price Discrimination to Tacit Collusion
Prof. Xiao LEI
The authors have found that pressuring businesses to implement a completely fair pricing system may actually backfire and lead to tacit collusion where consumers will ultimately suffer.
6 Sep 2024
Faculty
Africa Needs More Trade for Economic Development
Africa Needs More Trade for Economic Development
Dr. Y. F. LUK
While Africa is gaining a voice globally, with the African Union joining the G20, its economic progress lags behind. Africa's per capita income declined from 30% of the global average in 1990 to only 21% in 2023, with low participation in international trade beyond exporting raw materials.
4 Sep 2024
Faculty
HKU: Academia Excels in Data Organization for ESG; Collaboration Among Government, Business, and Academia Offers Solutions for Companies
HKU: Academia Excels in Data Organization for ESG; Collaboration Among Government, Business, and Academia Offers Solutions for Companies
Prof. Guojun He
The academic community positively impacts ESG development by integrating government, business, and academia, sharing results with both sectors. Professor He Guojun from HHKU Jockey Club Enterprise Sustainability Global Research Institute suggests that the government can propose needs or build platforms, allowing academia to provide targeted research and solutions. Additionally, the government should offer funding and simplify administration to help transform and commercialize research outcomes, aiding companies in market competition.
3 Sep 2024
Faculty
Mingpao (Chinese Only)
Distinguished HKU Business School Professors Awarded Grants by China’s National Natural Science Fund
Distinguished HKU Business School Professors Awarded Grants by China’s National Natural Science Fund
We are delighted to announce that four distinguished scholars from HKU Business School have been awarded prestigious NSFC grants this year, including the National Science Fund for Distinguished Young Scholars, the Excellent Young Scientists Fund, and the Young Scientists Fund Program. This resounding recognition is a testament to the exceptional research capability and rigorous academic standards upheld by HKU Business School.
2 Sep 2024
Faculty Development
DWQSB (Chinese Only)
SZ Edu (Chinese Only)
Shen Chuang (Chinese Only)
Combat Misinformation for a Stable Economy
Combat Misinformation for a Stable Economy
Dr. Maurice K.S. TSE
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.
28 Aug 2024
Faculty
Can Voluntary Data Sharing Protect Consumers?
Can Voluntary Data Sharing Protect Consumers?
Prof. Xi LI
In this data-driven age, companies across the economy are actively seeking ways to collect and use consumer data. For example, the car-hailing app Uber has been accused of monitoring their users’ mobile phone battery and then charging them more if their battery is low (see Note 1). The travel website Orbitz has also faced questions on whether they display more costly hotels to Apple Mac users (see Note 2). If data is misused, this will only fuel consumer concerns about how their information is collected and force lawmakers to seek more prudent ways to monitor the data collection practices of companies.
22 Aug 2024
Faculty
Analysing Hong Kong’s Overall Economic Situation with Data
Analysing Hong Kong’s Overall Economic Situation with Data
Dr. Chi Pui HODr. Cynthia Xiyue CAO
In recent years, companies across various industries in Hong Kong, particularly SME, have been cautious about the local business environment and export outlook. Geopolitical factors have led to significant challenges in the business landscape, changes in Mainland Chinese tourists' spending patterns, and intensifying competition from surrounding regions.
21 Aug 2024
Faculty
Our Authors
Prof. Yanhui WU

Prof. Yanhui WU

Prof. Zhiwu CHEN

Prof. Zhiwu CHEN

Prof. Heiwai TANG

Prof. Heiwai TANG

Dr. Yifei ZHANG

Dr. Yifei ZHANG

Prof. Yipu DENG

Prof. Yipu DENG

Prof. Xiao LEI

Prof. Xiao LEI

Dr. Jing LI

Dr. Jing LI

Dr. Maurice K.S. TSE

Dr. Maurice K.S. TSE

Prof. Yanhui WU

Professor

In the Media
Platform Bias Creates Barriers to Digital Innovations
14 Nov 2024
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
Prof. Zhiwu CHEN

Chair Professor of Finance

Cheng Yu-Tung Professor in Finance

Director, Centre for Quantitative History

Director, Hong Kong Institute for Humanities and Social Sciences

HKU Council Member

In the Media
Hong Kong set for pain from tariff rises after Trump win but businesses ready
12 Nov 2024
China’s GDP set to underperform in third quarter, adds to urgency for more stimulus
21 Oct 2024
China’s EV makers must overcome trust gaps to win over global buyers, survey says
10 Sep 2024
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

In the Media
Trump’s Economic Strategies: Implications for Global Trade and Financial Markets
8 Nov 2024
Attracting Leading Companies to Hong Kong Naturally Draws Relevant Talent
21 Oct 2024
Hong Kong’s Job Market: Low Unemployment Rates Amid Skilled Emigration and Business Challenges
21 Oct 2024
Dr. Yifei ZHANG

Senior Lecturer

BEcon/BEcon & Fin Deputy Programme Director and Admissions Tutor

In the Media
Challenges to ESG Investment: Who’s Pushing Back and Why?
23 Oct 2024
International Implementation and Prospect of Sustainable Public Procurement
1 Aug 2024
Biodiversity Risk Management: Global Strategies and Policy Implementation
12 Jun 2024
Prof. Yipu DENG

Assistant Professor

In the Media
Taste of Free Lunch: The Impact of Free Product Disclosure on Review Dynamics
17 Oct 2024
Prof. Xiao LEI

Assistant Professor

In the Media
Taste of Free Lunch: The Impact of Free Product Disclosure on Review Dynamics
17 Oct 2024
The Dark Side of Algorithm: From Big Data-Driven Price Discrimination to Tacit Collusion
6 Sep 2024
Dr. Jing LI

Senior Lecturer

BBA (IBGM) Deputy Programme Director and Admissions Tutor

In the Media
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. Maurice K.S. TSE

Principal Lecturer

BEcon/BEcon&Fin Programme Director

In the Media
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
Combat Misinformation for a Stable Economy
28 Aug 2024