A research by Professor Dragon Youngjun Tang, Professor in Finance at HKU Business School and other co-authors discovers that banks using CDS for capital relief have effectively freed up extra capital for businesses, but at the same time are more likely to extend loans and build up riskier loan portfolios.
29 Jun 2021
Finance
New research by Professor Roni Michaely and other co-authors shows that while Socially Responsible Investment Funds are good at picking firms that adopt such behaviours, they do not inspire those firms to further improve their performance.
9 Jun 2021
Finance
The Conference on The Future of Hong Kong Economy was successfully held on May 14, 2021.
2 Jun 2021
Economics
While some criticises that traditional ETFs are too passive in reflecting market signals, research from Dr. Shiyang Huang, Associate Professor in Finance, HKU Business School and his team shows that Industry ETFs are able to hedge the industry and play a great role in improving market efficiency in the US market. The Industry ETF was proven as a positive financial innovation for both investors and the market and therefore should be encouraged by regulators.
31 May 2021
Finance
HKU Business School Professor James K.S. Kung has recently won the Royal Economic Society Prize for the best article published in The Economic Journal in 2020. His paper, “Long Live Keju! The Persistent Effects of China's Civil Examination System”, co-authored with Dr. Chicheng Ma and Dr. Ting Chen, examines the long-term consequences of China’s millennium-long civil examination system for human capital or educational outcomes.
20 Apr 2021
Economics
31 Mar 2021
Management and Strategy
On Thursday, January 21, the online dialogue between Mr. Stephen A. Schwarzman, Chairman, CEO and Co-founder of Blackstone, and Professor Hongbin Cai, Dean of HKU Business School, attracted over 500 attendees from around the world. As an event kicking off the School’s 20th Anniversary celebration, the dialogue between two masterminds perfectly aligns with the School’s commitment to engaging globally impactful academic and business leaders in cultivating thought leadership and inspiring our young leaders. During the event, the two speakers discussed insightful topics ranging from management skills to global economic prospects.
1 Feb 2021
Economics