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CUHK Business School Students Excel in CFA Institute Research Challeng [#permalink]
FROM CUHK: CUHK Business School Students Excel in CFA Institute Research Challenge – Hong Kong Local Final 2023-24
Hosted by CFA Society Hong Kong, the annual equity research competition provides university students with practical mentoring and intensive training in financial analysis. This year, 23 teams of students from Hong Kong and Macao were tested on their analytical, valuation, report writing, and presentation skills, as they assume the role of research analysts for H World Group Limited, a global leading hotel operator and franchisor.

Both winning teams from CUHK Business School expressed their appreciation for the invaluable guidance and support received from faculty advisor Dr Edwin Mok and their industry mentors.

Award list:

1st Runner-up Team









  • Scott Tang Sai-fung (IBBA, Year 3)
  • Maggie Wang Chenyan (BBA-JD, Year 2)
  • Winston Xue Kaihang (QFRM, Year 2)
  • Tim Yun Ka-ho (IBBA, Year 2)
  • Ethan Zhang Chingto (QFIN, Year 2)
2nd Runner-up Team









  • Gillian Del Mundo (MBA, Year 1)
  • Henry Wang Yichun (MBA, Year 2)
  • Bril Xiang Zhuo (MBA, Year 1)
  • Evelyn Yu Yan-ping (MBA, Year 2)
  • Monica Zhang Xian (MBA, Year 2)
Photo courtesy of CFA Society Hong Kong

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CUHK Business School members honoured with university teaching and res [#permalink]
FROM CUHK: CUHK Business School members honoured with university teaching and research awards
The honourees are Dr Ervi Liusman, Professor Wu Jing and Dr Liu Xing, who were awarded the Vice-Chancellor’s Exemplary Teaching Award, Young Researcher Award and Postgraduate Research Output Award, respectively. The awards were presented by Professor Rocky S. Tuan, CUHK’s Vice-Chancellor and President, on 6 March 2024. Professor Zhou Lin, dean of the School, along with other faculty members, also attended the award presentation ceremony to celebrate their accomplishments.





Vice-Chancellor’s Exemplary Teaching Award Recipient 2022

Dr Ervi Liusman

Senior Lecturer, School of Hotel and Tourism Management

“It is my great honour to receive the Vice-Chancellor’s Exemplary Teaching Award 2022. I would like to express my sincere gratitude to my colleagues in the School of Hotel and Tourism Management and CUHK Business School for their unwavering support. I would also like to extend my thankfulness to the individuals in my life for their invaluable encouragement and boundless inspiration. Moreover, I am profoundly grateful to have the privilege of accompanying my students on their learning journey.”



The Vice-Chancellor’s Exemplary Teaching Award has been given annually since 1999 by the Vice-Chancellor to exemplary teachers nominated by the Dean of each Faculty and the Senate Committee on General Education, in recognition of their outstanding teaching performance. A total of 175 outstanding educators have been given the award since 1999.

Young Researcher Award Recipient 2022

Professor Wu Jing

Associate Professor, Department of Decisions, Operations and Technology

“Deeply honoured, I express gratitude to my co-authors and colleagues for their unwavering support. My research on global supply chains, supply networks, and the operations-finance interface resonates in our ever-changing world, reaching more than 400 media platforms across 20 countries. I will persist in impactful data-driven research in those areas in the future, leveraging novel methods like neural networks and generative AI.”



The Young Researcher Award was established in 2002 to recognise the research accomplishments of young faculty members and to encourage quality research.  The dean of each Faculty is invited every year to nominate one member who has produced the best research output.

Postgraduate Research Output Award Recipient 2022

Dr Liu Xing

PhD in Hotel and Tourism Management (2023)

“I am very honoured to have been awarded the Postgraduate Research Output Award 2022. I want to express my sincere gratitude to my supervisor, Professor Lisa C. Wan, for her unwavering support and guidance. I would also like to extend my appreciation to CUHK Business School for providing a conducive environment for research and fostering a culture of academic excellence. This award will inspire me to conduct more significant studies and contribute to the advancement of knowledge and society in the future.”



The Postgraduate Research Output Award was established in 2002, aiming to acknowledge the research achievements of junior faculty members and promote high-calibre research endeavours. Annually, the dean of each Faculty is requested to nominate a faculty member who has demonstrated outstanding research output.

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CUHK Business School hosts 60th Anniversary International Finance Foru [#permalink]
FROM CUHK: CUHK Business School hosts 60th Anniversary International Finance Forum
The Chinese University of Hong Kong (CUHK) Business School successfully concluded its anniversary celebrations with the “CUHK Business School 60th Anniversary International Finance Forum and 17th China International Finance Forum” on Saturday, 23 March 2024.

Over the past 60 years, CUHK Business School has been at the forefront of education, combining knowledge and wisdom from East and West. It has nurtured exceptional business leaders for Hong Kong, Mainland China and the global community, while producing cutting-edge research that advances the development of the business sector, making significant contributions to the finance industry.

The forum, organised by CUHK Business School and the China International Finance Forum, centred on the theme “Towards the Future of Hong Kong as an International Financial Centre”. The event brought together government officials, renowned industry professionals and think tank experts from at home and abroad to discuss the prospects for Hong Kong’s financial development. More than a hundred academics, doctoral and master’s students, and business leaders took part.

Mr Paul Chan Mo-po, GBM, GBS, MH, JP, Financial Secretary of the HKSAR and an alumnus of CUHK Business School, mentioned in his keynote speech that, under the impact of geopolitical factors, the government will strive to bolster the confidence of European and American investors, open up new capital sources including those from the Middle East, and capitalise on the opportunities arising from green development and the digital economy. He commented, “As we look ahead to the future, we are confident in the development of Hong Kong as an international financial centre. With a vast hinterland in the Mainland, we can leverage steadfast support from the country, international institutional advantages under the ‘One Country, Two Systems’ principle and cultural advantages.

Dr Norman Chan Tak-lam, GBS, JP, Council Vice-Chairman of CUHK, added in his welcome speech: “The world order is swiftly evolving. Recent developments in capital flows from Europe and the US might not always be in our favour, suggesting the need for corresponding adjustments at the intersection of domestic and international circulations in the Mainland. Nonetheless, Hong Kong remains an efficient and secure connecting platform. Integration with the Greater Bay Area and mutually beneficial development will provide endless opportunities for the future.”

During the forum, guests shared insights into Hong Kong’s development as a financial centre. Mr Andrew Sheng, former Chairman of The Securities and Futures Commission of Hong Kong, emphasised the need to reinforce Hong Kong’s status as an offshore RMB centre for Mainland and global growth. Dr Li Kou-qing, Director of the ASEAN+3 Macroeconomic Research Office, stressed regional cooperation in the Asia Pacific region. Professor Kuan Chung-ming, former President of Taiwan University, suggested learning from regional competitors. Dr Zhang Yan-sheng, Secretary General of the Academic Committee of China’s National Development and Reform Commission, highlighted green finance opportunities; and Mr Qiao Yi-de, Vice-Chairman and Secretary-General of the Shanghai Development Research Foundation, attributed Hong Kong’s success to its renowned brand.

Professor Zhou Lin, dean of CUHK Business School, expressed gratitude to the guests for sharing their thought-provoking insights, which are invaluable to education, research and business. “As we conclude CUHK Business School’s 60th Anniversary celebrations”, he remarked, “our achievements today are the result of the collective efforts of all members of the School throughout the years. As we embark on a new journey of transformation, vigorously contributing to the future development of CUHK and the global economy, your unwavering support is pivotal. In this era of challenges and opportunities, I encourage more dialogue, cooperation and exchange among leaders from diverse backgrounds, so they can join hands and tackle the challenges of our time.”



CUHK Business School 60th Anniversary International Finance Forum and 17th China International Finance Forum took place on 23 March 2024

 



Mr Paul Chan Mo-po, GBM, GBS, MH, JP, Financial Secretary of the HKSAR, delivered the keynote speech at the forum

 



Dr Norman Chan Tak-lam, GBS, JP, Council Vice-Chairman of CUHK, delivered the welcome speech at the forum

 



(from right to left) Hosted by Professor Shu Tao, Chairman of the Department of Finance, the roundtable discussion, with the theme of the future development of Hong Kong as an international financial centre, involved Mr Andrew Sheng, former Chairman of The Securities and Futures Commission of Hong Kong, Dr Li Kou-qing, Director of the ASEAN+3 Macroeconomic Research Office, Dr Zhang Yan-sheng, Secretary General of the Academic Committee of China’s National Development and Reform Commission, Professor Kuan Chung-ming, former President of Taiwan University, and Mr Qiao Yi-de, Vice-Chairman and Secretary-General of the Shanghai Development Research Foundation

 



Professor Zhou Lin, dean of CUHK Business School, delivered the closing remarks at the forum

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Sisterhood of passing on the torch [#permalink]
FROM CUHK: Sisterhood of passing on the torch
Earlier on, both CUHK and CUHK Business School have reported the story of Thai student Chananchida Choochua (aka Chanan), who was studying CUHK’s Integrated Business Administration (IBBA) Programme. Time flies. Chanan has been working in Hong Kong since graduation and also inspired her younger sister, Panitsiree Choochua (aka Marine), to follow in her footsteps.

Chanan revealed in that 2019 interview that her interests in business originated from her experience accompanying her mother to a stock investment workshop. However, Marine has a different story.

The year-one IBBA student says: “From a young age, I have been passionate about business. I did part-time jobs such as helping out at my aunt’s convenience store and assisting my uncle at his construction materials store with inventory-related matters. To hone my business skills, I also sold fashionable clothes and toys online during semester breaks.”

From Grade 9, Marine started coming to CUHK to visit Chanan from time to time. She was fascinated by “the beautiful campus, the appealing business programme curriculum and the vibes of a professional but friendly environment”. Not needing to consider alternatives, Marine went straight for CUHK’s IBBA Programme.

Just like her sister, Marine is a perfectionist. She studies hard and has been awarded first a CUHK Admission Scholarship, then a Business School Admission Scholarship, and later a Belt and Road Scholarship.



(left) Panitsiree Choochua (Marine) and (right) Chananchida Choochua (Chanan)

Sister, closest friend and alumna

On the benefits of having a sister as an alumna, Marine says: “My sister and I are very close. She is not only my sister, but also my best friend and consultant as well. She provides numerous suggestions and supports me a lot.

“For example, Chanan explained that improving business skills is not all about studying in the classroom. Joining activities outside the classroom is also a good real-life sandbox. She encouraged me to gain practical experience like joining clubs, doing internships and socialising with others to widen my connections. Moreover, if I do not understand the lessons or something, I should not be afraid to ask because either the professors or friends may provide a better explanation.”

Armed with these useful tips, Marine has adapted well to university life. “I am so lucky that my beloved sister stays in Hong Kong. I did not feel as homesick as Chanan did before.”

Adds Chanan: “I am glad that Marine is here too. Though she stays in the hostel of S.H. Ho College most of the time and I live off campus, we talk to each other almost every day. I don’t feel lonely.”

Chanan is also proud of Marine’s determination to study at CUHK. “She always takes my advice.”





Their unforgettable experiences

Marine’s first year at CUHK went well, except that she suffered from stomach inflammation during the Business School orientation camp. “That was one of the most serious sicknesses I have ever had,” she says, “I am so lucky that my sister stayed beside me. My sister, my friend and my senior took me to the hospital and bought food for me. I was so thankful to them.”

As for Chanan, she says, “Before I joined CUHK, I had some kind of expectation that I would excel in studying and graduate with the highest grade. But by the end of the first semester, I was so disappointed and frustrated for not getting the GPA I expected. I then learned that the real success does not depend on the grades, but on how you balance your life. It was really a great life experience.”

Home away from home

After graduating in 2022, Chanan worked as a business consultant at a health technology startup for almost a year. She then developed an interest in logistics. “Logistics is not only the backbone of industries but also boosts the economy,” she says.

In July 2023, she joined Kerry Logistics as a management trainee. “I have the chance to rotate to different departments and have tried my hand at daily operations work such as packing shipment, warehouse and supply chain management.”

Over the past few months, Chanan has learned a lot and decided to specialise in international freight forwarding: strategic logistics planning and execution for the international movement of goods.

Chanan, who is proficient in Putonghua, has not encountered any problems in communicating with colleagues. “I have already adapted to the working style in Hong Kong. I am now trying to learn Cantonese.”

Chanan enjoys her job and is considering pursuing a master’s degree in logistics in future.

Of her future plans, Marine says, “I would like to work in Hong Kong as well to get work experience.”

Chanan and Marine meet whenever they are free. “We usually have some meals and hang out together,” says Marine, “That’s why I feel like Hong Kong is my home away from home.”

 

First published in the CUHK in Focus on 20 March 2024, this article was republished with permission from CUHK Communications and Public Relations Office.

Photography: Keith Hiro

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CUHK Ranks 14th Worldwide for Real Estate Research Leadership [#permalink]
FROM CUHK: CUHK Ranks 14th Worldwide for Real Estate Research Leadership
The REAL rankings meticulously assess the number of articles accepted to the top three real estate research journals, namely Journal of Real Estate Research, Real Estate Economics and The Journal of Real Estate Finance and Economics. A total of 662 articles written by 1,037 authors across 528 institutions were considered for the listings.

This outstanding result is a testament to the University’s international leadership in research and its unwavering commitment to quality education and high-impact research. The Centre for Hospitality and Real Estate Research established in 1999 under the School of Hotel and Tourism Management at CUHK Business School, exemplifies the University’s efforts in fostering a conducive environment for research excellence for the hospitality and real estate industries. To date, the centre has earned a reputation as an industry knowledge hub and a leading source of exceptional research, executive education, and professional services.

Expressing his delight at the achievement, Professor Desmond Tsang, Acting Director of School of Hotel and Tourism Management, said, “Over the last two years, we have made remarkable progress in establishing ourselves as one of the top institutions in real estate research. Starting at 27th in the REAL Institutional Rankings for 2018-2022 and now ranking 14th, this recognition reflects our dedication to research and underscores our strives towards excellence.”

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Asian business schools join forces to forge a sustainable future [#permalink]
FROM CUHK: Asian business schools join forces to forge a sustainable future
The forum was themed “Innovation and Collaboration: Leading the Future Development of Asian Business Schools”. More than 60 education leaders from renowned business schools across Asia and industry leaders gathered, exchanging insights and exploring collaboration on the future trajectory for sustainability in the digital era.





The forum commenced with opening remarks by Professor Seen Meng Chew, Associate Dean of International Relations at CUHK Business School, highlighting the pivotal role of business education in driving impact in sustainability. Professor Chew also discussed the latest developments in sustainability through innovative avenues, including fintech and green bonds.





During her keynote address, Ms Teresa Yang (MBA 2003), Vice President of Esquel Group, shared a business case on how the group integrated responsible manufacturing practices with the nature in its sustainable development garden in Guilin, southern China, emphasising the imperative role for businesses to take the lead in sustainability efforts.





Professor Wan Wongsunwai, Associate Dean of MBA Programmes at CUHK Business School, underscored the urgency for business schools to embrace change and prime themselves for the forthcoming business transformations amid the emerging challenges in Asia.

The forum also featured other distinguished speakers, including Professor Yi Jing Tao, Dean of the Business School at People’s University of China and Professor Bai Chang Hong, Dean of the Business School at Nankai University.

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The Fung familys philanthropic spirit drives academic excellence at CU [#permalink]
FROM CUHK: The Fung family’s philanthropic spirit drives academic excellence at CUHK Business School
The event was graced by the presence of Mr Tony Fung, the generous donor of the Fung King Hey Memorial Professorship in Finance, established in memory of his late father, Mr Fung King Hey, alongside his numerous other contributions to CUHK. Taking business education close to his heart and carrying on the philanthropic legacy of his late father, Mr Fung has been a longstanding supporter of the School. Sharing his vision behind the benevolent endeavour, he said, “I hope that this professorship would serve as a beacon of excellence in finance research and education, empowering future business leaders who are poised to contribute to the betterment of our society.”

In the vote of thanks, Professor Rocky Tuan, CUHK Vice-Chancellor and President, expressed his deep gratitude to Mr Fung and his family for their unwavering support for the development of CUHK over the years. He said, “Their generous donations have significantly enhanced our campus facilities, academic programmes and innovative research initiatives, opening up numerous opportunities for the University to pursue excellence in education, research and innovation with purpose and responsibility.”





Professor Zhou Lin, dean of CUHK Business School, also extended heartfelt gratitude to Mr Fung for his generosity and support to the School. He commended Professor Shu for his remarkable achievements and invaluable contributions to the field of finance and said, “I am confident that Professor Shu will continue his endeavours in advancing research and nurturing business leaders in the field of finance, contributing to the future development of Hong Kong, the Greater Bay Area and beyond.”

The inaugural lecture, themed “Frictions and Biases in the Financial Markets”, delved into the concept of information asymmetry, a major friction within financial markets. Professor Shu explained the consequences of behavioural biases on economic agents within the financial world. He also expressed his heartfelt appreciation for the unwavering support of his family, academic and administrative colleagues, and the School. The full record of the lecture is available here.







 

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CUHK MiM Forum 2023-24 explores global market trends and innovation [#permalink]
FROM CUHK: CUHK MiM Forum 2023-24 explores global market trends and innovation
In her opening remarks, Professor Dora Lau, Director of the MiM Programme, encouraged the students to prepare themselves in light of the unprecedented velocity of change in the global business landscape. She remarked, “True leaders are those who are poised to see the silver lining and seize opportunities in times of uncertainty.”

The forum featured four distinguished alumni who inspired the participants with thought-provoking insights in their respective fields.









Mr Frank Tam (MBA 2021), Associate Director of Business Development at iASPEC Technologies and Services, discussed the rapid evolution of Fintech and its impact on the global stage. Mr Ricky Lee (EMBA 2022), Director of HR Transformation at Deloitte Consulting, provided an overview of the impact of digital adoption and generative AI on HR transformation.

On the other hand, innovation is progressively taking the healthcare sector to new heights. Ms Fion Tsang (MBA 2018), Head of Marketing at Novo Nordisk Hong Kong Limited, illustrated the tech-enabled transformation in patient care and the future landscape of pharmaceutical enterprises. Mr Alvin Cheung (IBCE 2016), Co-Founder and CEO of HandyRehab (Zunosaki Ltd.), delved into how technology empowered revolutionary development and improved accessibility and sophistication in healthcare and rehabilitation.









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CUHK Business School professors win the 2023 EFMD Case Writing Competi [#permalink]
FROM CUHK: CUHK Business School professors win the 2023 EFMD Case Writing Competition
Titled “Health View Bioanalytic Limited: Generating Impact from Research”, the winning case delves into the revolutionary journey of Professor Benny Zee, founder of Health View Bioanalytic Limited. It offers insights into the transformation of risk assessments of stroke and Alzheimer’s disease through artificial intelligence (AI) and automatic retinal image analysis. The case challenges students to analyse alternative models for delivering innovative health risk assessments, showcasing the profound impact of AI in the healthcare industry. The case is a joint effort by Professor Lam and Professor Thomas, along with co-authors Dr Elsie Tsui, Head of Social Innovation at the Office of Research and Knowledge Transfer Services at CUHK, and Professor Lu Shiyu from City University of Hong Kong.

Expressing their gratitude, the team said, “We are extremely grateful for the unstinting and candid support of the case protagonist and long-time colleague and friend, Professor Benny Zee, as well as our students who contributed to crafting this case through their discussions and analysis.”

Established in 1988, the EFMD Case Writing Competition recognises innovative and impactful case writing and teaching across a wide range of categories representing critical management areas. With over 400 cases reviewed annually by an international judging panel, the award is presented to the best case featuring current and future challenges faced by companies in global markets and their strategies to remain competitive.

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CUHK Business School students seized championship at Smart Logistics D [#permalink]
FROM CUHK: CUHK Business School students seized championship at Smart Logistics Datathon 2024
Organised by the Asian Institute of Supply Chains & Logistics (AISCL) at CUHK, the Smart Logistics Datathon 2024 took place at Cyberport on 1-4 April 2024. The event aims to inspire the younger generation to develop innovative applications and solutions related to smart logistics using big data analytics. Within 35 hours round the clock, participants were required to conduct in-depth analysis on the given sets of transport and logistics data and develop innovative insights into operations, services or business models. The winners were awarded scholarships sponsored by the Hong Kong Logistics Development Council (LOGSCOUNCIL).

The championship of the university league was seized by CUHK’s DWG Team, comprising Giam Kun Yue (QFIN, Year 4), Dexter Woo Teng Koon (QFRM, Year 4), and Kua Wei Zhia (M.Phil. in Risk Management Science). “This wonderful experience not only allowed us to leverage our skills to tackle logistics problems but also bridged us toward a career in the logistics industry,” the team reflected.

Professor Waiman Cheung, director of AISCL, said, “The Datathon was a great success. The selected team members were all highly motivated, talented young students coming from all over Asia.” This year, 20 teams of university students from Hong Kong, mainland China and other parts of Asia, including Singapore, South Korea and Thailand, as well as 10 teams of local secondary school students, took part in the exciting event.

 









 

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HKEX and CUHK Business School announce the Laura M Cha Capital Markets [#permalink]
FROM CUHK: HKEX and CUHK Business School announce the Laura M Cha Capital Markets Scholarship Programme
Hong Kong Exchanges & Clearing Limited (HKEX) is today (Friday) pleased to announce that it has established a new postgraduate scholarship programme in partnership with The Chinese University of Hong Kong (CUHK) Business School. The annual scholarship programme has been launched to honour Laura M Cha, recognising her considerable contribution to the development of capital markets in Hong Kong, Mainland China and globally over her distinguished career, most recently as HKEX Chairman.

Mrs Cha has played a major role in the growth of Hong Kong’s and Mainland China’s financial markets, including the introduction of H-Shares and the development of the Connect programmes, supporting ever greater connectivity and access to the region for investors and corporates alike.  She has also been a long-term advocate of corporates taking an active role in their communities, including overseeing the establishment of the HKEX Foundation, which has donated more than HK$440 million to charitable projects since it was established in 2020.

HKEX Chairman, Carlson Tong, said:  “This scholarship is a tribute from HKEX to celebrate Laura’s remarkable leadership and unwavering commitment to the sustained growth of our capital markets. Her instrumental involvement in establishing Hong Kong as a dynamic and globally significant international financial centre, coupled with her pivotal contributions towards fostering the accessibility of China’s markets over the past three decades, exemplify her exceptional achievements. Laura has become a beacon of inspiration for an entire generation of finance professionals, particularly women, who aspire to forge successful careers in capital markets. I am confident that she will continue to make a lasting impact as a dedicated mentor and trusted advisor for many years to come.”

Laura M Cha said: “I am honoured that HKEX has launched this new postgraduate scholarship programme in my name. Supporting and encouraging the best and brightest minds from the next generation is something that I am passionate about. As capital markets across Hong Kong, Mainland China and globally continue to evolve, embracing new ideas, technologies and ever greater interconnectivity, this new scholarship will add to the swell of expertise and knowledge in the region, in turn fueling growth and opportunity. It has been a privilege to chair HKEX over the last six years, and I look forward to continuing to contribute to the future of the company and the region’s markets, as both an advisor and advocate. I look forward too, to meeting the scholarship awardees and hearing their ideas in the years to come.”

Dean of CUHK Business School, Professor Zhou Lin, said: “We extend our sincere gratitude to HKEX for their continued support and generous donation in establishing the new Laura M Cha Capital Markets Scholarship. This initiative underscores our shared vision to nurture the next generation of global talent in finance, strengthening our international position as leading institution in business education and bolstering Hong Kong’s status as a premier international financial centre. With this scholarship, we hope to empower the best talent to make meaningful contributions to the industry and drive positive change in the capital markets in our region and beyond.”

The Laura M Cha Capital Markets Scholarship will be awarded each year to an individual or individuals looking to advance their postgraduate studies in finance at CUHK Business School. HKEX will contribute HK$200,000 to the annual scholarship fund, for a period of six years. The scholarship programme, which is expected to launch later this year, will be administered by CUHK Business School, and it is envisaged that a secondment or project work with HKEX will be arranged as part of the programme. This new scholarship programme, which will be funded by the Group, complements the annual university scholarships and research funding grants that the HKEX Foundation already runs as part of its charitable work, supporting students and academics in Hong Kong.

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HKEX and CUHK Business School announce the Laura M Cha Capital Markets [#permalink]
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