2020年对全球市场来说都是不寻常的一年，全球主要股市经历了过山车式的变化，中国A股和港股的走势也出现了较大的分歧。根据彭博数据显示，截止11月30日，代表中国A股市场的沪深300指数上涨了23.69%，而代表香港股票市场的恒生指数则下跌了5.75%。A股和港股表现的差异也体现在了恒生AH股溢价指数在今年大幅攀升。
10 Dec 2020
金融學
Prof. Rujing MENG
金融學
Associate Professor of Teaching
Associate Director, Asia Case Research Centre
MFin Programme Director
2859 1048
KK 922
Academic & Professional Qualification
- Ph.D., Fuqua School of Business, Duke University
- B.A., Guanghua School of Management, Peking University
Biography
Dr. Rujing MENG received her B.A. from Guanghua School of Management, Peking University in 1999. She obtained her Ph.D. from Fuqua School of Business, Duke University, and joined The University of Hong Kong (HKU) in 2004.
The courses and topics taught by Rujing include Capital Markets and Investments, Corporate Financial Management, Asset Pricing, and Mathematical Finance. She taught in executive education programs to some leading companies in China, such as China Merchants Bank (招商銀行), HNA Group (海航集團), and Industrial and Commercial Bank of China (中國工商銀行). She has received a number of teaching awards, including the International MBA Teaching Award jointly granted by the University of Hong Kong and Fudan University in 2014, and the Outstanding Teacher Award for the Taught Postgraduate Teaching granted by the HKU Business School of The University of Hong Kong in 2006 and 2012.
Rujing’s main research interests include Capital Markets and Investments, Corporate Finance, Real Options, and Risk Management. She has published research papers in the Journal of Banking and Finance, Journal of Economic Dynamics and Control, Global Finance Journal, Journal of Multinational Financial Management, and North Carolina Journal of International Law and Commercial Regulation. Her research honors include the SAAJ Research Excellence Award in Corporate Finance granted by Asian FA 2008 International Conference, the Hong Kong Competitive Earmarked Research Grant, HKU Research Merit Award, HKU Seed Funding for Basic Research, HKU Strategic Research Theme: China Business and Economics, and HKU CRCG. She has served as a referee for Journal of Banking and Finance, Journal of Economic Dynamics and Control,Journal of International Financial Markets, Institutions & Money, Management Science, Review of Financial Studies, and The Research Grant Council of Hong Kong.
Rujing also regularly writes articles on hot topics of the economy and financial market in Hong Kong and Mainland. Her articles have been published in Bloomberg Businessweek (China), CAIJING Magazine, Caixin, Financial Times (Chinese), and Shanghai Securities Journal.
Research Interest
- Capital Markets and Investments
- Corporate Finance
- Real Options
- Risk Management
Selected Publications
- “The Investment Trap of Hong Kong Shell Companies,”
(with Hui Ou-Yang), Financial Times (in Chinese), March 2017. - “Chinese Stock Market Requires a New Normal of Delisting,”
(with Hui Ou-Yang), Financial Times (in Chinese), Feb. 2017. - “The Enlightenment of Western Barbarians to A-Share Market,”
(with Hui Ou-Yang), Financial Times (in Chinese), Feb 2017. - “CDS in China,”
(with Hui Ou-Yang), Financial Times (in Chinese), Nov. 2016. - “How Does China Develop Its Derivatives Market,”
(with Hui Ou-Yang), Financial Times (in Chinese), Oct. 2016. - “How Can Mainland Investors Invest in Hong Kong Securities Market,”
(with Hui Ou-Yang), Financial Times (in Chinese), Sept. 2016. - “Orderly Bankruptcy of Financial Institutions,”
(with Hui Ou-Yang), Caixin (in Chinese), July 2016 - “Securitization of Non-Performing Loans of Chinese Commercial Banks,”
(with Hui Ou-Yang), CAIJING Magazine (in Chinese), July 2016 - “The Depoliticization of RMB Exchange Rate,”
(with Hui Ou-Yang), Caixin (in Chinese), June 2016 - “Should Chinese Consumers Add Leverage?”
(with Hui Ou-Yang), Caixin (in Chinese), May 2016
Awards and Honours
- UG Outstanding Teaching Awards nominee, The University of Hong Kong, 2015
- International MBA Teaching Award, The University of Hong Kong and Fudan University, 2014
- UG Outstanding Teaching Awards nominee, The University of Hong Kong, 2014
- Taught Postgraduate Outstanding Teaching Awards, The University of Hong Kong, 2012
- ExCEL3 Network Group Project Funding, member of the finance group, (HK$ 70,000), The University of Hong Kong, 2012-2014
- Incentive Award for RGC GRF Fundable But Not Funded Projects (HK$ 21,000), The University of Hong Kong, 2011
- Seed Funding for Basic Research (HK$ 70,000), The University of Hong Kong, 2010-2012
- Strategic Research Theme: China Business and Economics, member and one of the seven initiator, (HK$ 3.75 million), The University of Hong Kong, 2008-2011
- SAAJ Best Paper Award in Corporate Finance, Asian FA – Nippon FA 2008 International Conference, 2008
- Taught Postgraduate Outstanding Teaching Awards, The University of Hong Kong, 2006
- Hong Kong Competitive Earmarked Research Grant (HK$ 280,320), 2005-2008
- Research Merit Awards (HK$ 50,000), The University of Hong Kong, 2005-2009
- Seed Funding for Basic Research (HK$ 100,000), The University of Hong Kong, 2005-2008
- Award of the Committee on Research and Conference Grants (CRCG), The University of Hong Kong, 2004, 2005, 2010
- Doctoral Fellowship, Duke University, 1999-2004
- Senior Fellowship, Peking University, 1998
- Outstanding Freshmen Scholarship, Peking University, 1995
- Benz Fellowship, Peking University, 1995-1999
Recent Publications
10Dec