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13 Sep 2018, 01:01
| FROM CUHK: Youth 4.0 Makes its Debut in Hong Kong |
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According to the latest survey* commissioned by the Hong Kong chapter of the United Nations’ (UN) Sustainable Development Solutions Network (SDSN Hong Kong), Hong Kong’s young people at the age of 15-30 believe that combating climate change, using affordable and clean energy, and eradicating poverty are the top three most important Sustainable Development Goals (SDGs) for Hong Kong. These are closely followed by having a healthy lifestyle, building a peaceful and inclusive society with justice, and eradicating inequality and discrimination. More than nine in ten survey respondents (93.5%) express their willingness to support “sustainable development”, with a majority of them indicating positively that they would support initiatives relating to the environment. This includes waste recycling and reduction (47.8%) and conservation of power and water (30.9%). Additionally, close to four in ten respondents (38.7%) believe that their companies and schools have not done enough on sustainable development. Close to seven in ten respondents (68.7%) have heard about “social enterprise” or “social innovation”. Over six in ten respondents (61.8%) also finds social enterprise to be a viable means to promote sustainable development through business behavior. The survey reflects Hong Kong young people’s perspectives on the UN’s ‘2030 Agenda for Sustainable Development’, the SDGs, as well as the concept of social entrepreneurship and social innovation. The survey, entitled ‘Hong Kong Youth’s Opinions towards Sustainable Development’, is part of a Hong Kong-wide initiative, Youth 4.0, which kicks off today. Youth 4.0 aims to promote youth development on social entrepreneurship and to increase awareness of the UN’s SDGs amongst young people in Hong Kong. This initiative is the cross-sector collaboration among the academia, business and government, featuring a strategic partnership between Youth Co:Lab and the Hong Kong Social Enterprise Challenge (HKSEC). The former is a partnership between the United Nations Development Programme (UNDP) and the Citi Foundation while the latter is organised by the Center for Entrepreneurship of The Chinese University of Hong Kong (CUHK) and sponsored by the Home Affairs Bureau of the Government of the Hong Kong Special Administrative Region (SAR). Youth 4.0 is also supported by its sustainability partner — SDSN Hong Kong, co-hosted by CUHK and the Hong Kong Jockey Club Charities Trust, established to mobilise expertise and resources to address the SDGs in Hong Kong. Youth Co:Lab, co led by UNDP and Citi Foundation, aims to establish a common agenda for Asia-Pacific countries to invest in and empower youth to accelerate implementation of SDGs through leadership, social innovation and entrepreneurship. Youth Co:Lab will bring the first-ever Hong Kong Dialogue to the city on November 9-11 2018, which will provide a platform for exchange between different stakeholders including young people, business leaders, educational institutions, non-profit organizations and government, hoping to foster greater dialogue about current issues and concerns on youth, and to address and solve the city’s most pressing challenges faced by young people. In addition, the event also encourages an inclusive environment for youth innovation and entrepreneurship, which is in line with the objectives of the SDGs and Youth Development Strategy for Hong Kong. “We are here to support young people. While we do not doubt the ability of young people to lead innovation, we know that the systems that have been conceived for their economic or social empowerment often fall short. We will only be able to work for the good of the region’s social entrepreneurs if we solidify our partnerships. We have to realise that driving this from the regional scale, including the partnership between Citi Foundation and UNDP, and leveraging the benefits of country level networks, and initiatives will be crucial to this success.” said Beniam Gebrezghi, Programme Specialist of Youth and Civic Engagement at the United Nations Development Programme Bangkok Regional Hub. Speaking at the launch ceremony, Mr. Wayne Fong, Head of Corporate Affairs, Citi Hong Kong, said, “We are honored to collaborate with the Youth 4.0 partners to engage young people in Hong Kong to address social challenges and unemployment. Through Youth 4.0, it is our hope that by providing an ecosystem conducive to youth-led social entrepreneurship and innovation, we will harness youth leadership, and empower them to identify solutions to pressing social challenges and any unemployment issues that they are facing.” Another integral part of Youth 4.0 is the Hong Kong Social Enterprise Challenge (HKSEC) which is organised by the Center for Entrepreneurship of CUHK and sponsored by the Home Affairs Bureau of the Government of Hong Kong Special Administrative Region (SAR). The first and longest standing inter-collegiate competition of its kind in Hong Kong, the Challenge comprises a unique combination of education, competition and incubation components for the participants and offers overseas exposure for the winners. In the past 11 years, HKSEC has brought about 1,248 social venture plans, with 7,304 participants from 45 institutions engaged. 2018 HKSEC is open for registration and a series of training and coaching sessions has started from September 2018 onwards. The finale presentation will be held in March 2019. Professor Elsie Tsui, Project Director of Hong Kong Social Enterprise Challenge and Adjunct Associate Professor of Department of Management at CUHK Business School added, “Hong Kong Social Enterprise Challenge has been a leading platform to help local young people address social problems through entrepreneurial means. Through the years, we have given the local youngsters various types of support to launch their meaningful social ventures. This year, we are excited to be a part of Youth 4.0 initiative, which enables the young local social entrepreneurs to further expand their horizon and meet fellow social innovators across Asia.” * The survey, conducted by the Centre for Communication and Public Opinion Survey of CUHK, polled a total of 504 respondents, aged 15 to 30, via telephone between July 19 and August 7, 2018. The post Youth 4.0 Makes its Debut in Hong Kong appeared first on CUHK Business School. |
14 Sep 2018, 02:01
| FROM CUHK: Five PACC & IBCE Students Win the Financial Innovation Challenge of the HSBC Financial Dialogue Series 2018 |
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Five CUHK Business School students took home the first and second prizes as well as the Best Presenter Awards of the Financial Innovation Challenge, hosted as part of the HSBC Financial Dialogue Series 2018 held on 18 August 2018. Organised by the Hongkong Federation of Youth Groups Leadership 21 and sponsored by HSBC, the HSBC Financial Dialogue Series is a continuous programme which engages local university students and HSBC Scholars in the discipline of finance, business and economics each year. In the Financial Innovation Challenge of this year’s Series, 30 participating teams from six universities were invited to come up with innovative tech-driven solutions to enhance youths’ financial capability. The teams had to review the role of Hong Kong’s banks in the digitalisation trend, and provide insights into how banks can build financial capability in youths with the use of technology.  The team that brought home the first prize comprised of four Year 3 students from the Global Accounting Stream of the Professional Accountancy programme. They include Lok-man Cheng, Demi Tsz-yin Cham, Ka-hin Wong and Anthea Ong Cheng. The team suggested developing a mobile game app that incorporates investment and wealth management elements. Through using big data to simulate stock market changes, users can experience stock trading and learn about investment. Another CUHK Business School student Wayne Chi-ting Hui, in his third year in the International Business and Chinese Enterprise programme, is a member of the team that came second. Their proposal is to introduce an app with banks to assist the youth in saving money and pursuing dreams. The app will analyse the financial status and target of the user and propose a savings plan. If users reached their saving targets, they could get low-interest loans from banks to actualise their dreams. Demi and Wayne were also selected as two of the three best presenters of the Financial Innovation Challenge. They demonstrated outstanding presentation and analytical skills throughout the Final Round.     About HSBC Financial Dialogue Series The HSBC Financial Dialogue Series has attracted participation from over 1,000 university students in the past five years. Through interactive dialogue sessions with prestigious leaders and financial experts, as well as the exclusive accelerated learning programme afterwards, participants can brush up on their financial knowledge, critical thinking and communication skills, as well as social responsibility mindset. As part of the Series, the Financial Innovation Challenge equips participants with fundamental understanding and knowledge of latest financial development. It consists of three stages – proposal screening, video presentation and final presentation. Participants are judged on their understanding of subject matter, market analysis, creativity, idea feasibility and sustainability, and presentation skills. The post Five PACC & IBCE Students Win the Financial Innovation Challenge of the HSBC Financial Dialogue Series 2018 appeared first on CUHK Business School. |
14 Sep 2018, 02:02
| FROM CUHK: CONNECT Vol. 26 – September 2018 is Available! |
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In this issue, we look at how the quality of basic education and cultural values matter for a country’s innovation outcomes, especially as more countries regard innovation as one of the key drivers of productivity and economic growth. This research confirms that enhancing innovation output needs to be at the forefront of policy making. We discuss market place practices, how being a leader has many benefits but the role also comes with tremendous pressure. Every leadership role is a major investment for most organisations, so it’s important that leaders do not burn out but find a balance despite their high demand roles. Another skill set that professionals need in order to remain competitive for the ever-changing career market is networking. Top business leaders need to have the ability to connect individuals and firms which can complement each other’s needs. On a more light-hearted note, we take a reflective look at our personal qualities, and how similarities of our names, hometowns or other personal traits that alter our reaction to service failures. Contents
 The post CONNECT Vol. 26 – September 2018 is Available! appeared first on CUHK Business School. |
18 Sep 2018, 03:01
| FROM CUHK: MBA Students Kickoff Their Learning Journey with Real-life Community Project |
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During the orientation week in August, students from The Chinese University of Hong Kong (CUHK) MBA Programmes learnt to serve the local community through an innovative experiential learning project. The project helped students lay a foundation for thinking about business, sustainability and effective leadership throughout their studies and careers. The new cohort of MBA students, who were still highly unfamiliar with each other, were thrown into a real-life community project that challenged them to construct and build playground equipment/play areas, etc. for schools that are situated in some of Hong Kong’s poorest neighbourhoods. This exercise was conducted at the Salvation Army Centaline Charity Fund School in the working-class neighbourhood of Chai Wan. Two cohort of students undertook this exercise: the MBA full-time students worked 12 hours on this project, and then “handed-off” the rest of the project for completion to the MBA part-time students, who also had 12 hours to complete the project. During the “hand-off”, some selected leaders of the MBA full-time cohort debriefed the part-time students on the status of the half-completed projects and gave general guidelines and “tips of the trade” on their experiences and how to finish the construction. They explored key management capabilities including problem-solving, team-building, leadership, and communication under unfamiliar, and at times challenging, conditions.      The choice of going through this kind of exercise is a powerful one for the MBA students as they are oftentimes under the belief that Hong Kong is a wealthy city. Behind the city’s skyscrapers and seeming financial wealth, Hong Kong has the world’s second highest Gini coefficient at 0.539, only behind New York (as a comparison, a Gini coefficient rating below 0.2 denotes equitable income distribution). For the students to experience another side of Hong Kong that many of them may not come across, the community-building project in these lower-income neighbourhoods can be a real eye-opener. This exercise forces CUHK MBA students to work together as a newly-formed team to build and construct these playground materials; however, it is merely one aspect of this project’s objectives. It serves as a powerful tool for students to give back to the community, and may unearth their interests in more socially responsible and ethical business ventures. The MBA Programmes believes that it is this kind of exercise that has contributed to CUHK Business School’s growing reputation in the corporate social responsibility (CSR) space in Hong Kong and in the Asia-Pacific Region, where it hosted the region’s only business school conference in CSR. In addition, CUHK MBA Programmes have been in the forefront of delivering ethically responsible projects in emerging economies. In 2017, CUHK MBA students obtained an in-depth experience in planning business models for social sustainable enterprises to improve the health and sanitation in the village of Kalabo, situated in the western province of Zambia. During this week-long immersive trip, students were tasked with preparing, designing and developing a sustainable business enterprise model with an aim to bring a positive impact to the rural communities across the country. They experienced and learnt how to drill a water point with manual techniques, which enabled them to see the impact of a sustainable water supply, sanitation, and water quality on public health. All of these initiatives led by the CUHK MBA Programmes is not only unique within the Hong Kong business school curriculum, but arguably, the region. The School strives to graduate students who are not only receiving the foundational groundwork of a business education, but encourage MBA students at CUHK to be curious, obtain a world-view of issues, and understand the value of creating positive social impact in the communities that we live in. The post MBA Students Kickoff Their Learning Journey with Real-life Community Project appeared first on CUHK Business School. |
20 Sep 2018, 02:01
| FROM CUHK: PACC Students Come Second at the North Asia Regional Final of CGMA Global Business Challenge 2018 |
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This year, a student team from The Chinese University of Hong Kong (CUHK) Business School represented Hong Kong at the North Asia Final of CGMA Global Business Challenge. Together with the eight shortlisted teams of elite university students from Macau, Taiwan, Mainland China and Japan, they competed for the championship by showcasing their business knowledge, integrated thinking and communications skills. CGMA Global Business Challenge adopts the case format of the CIMA Professional Qualification, focusing on students’ ability to combine skills, knowledge and experience needed for organisational success. In this edition, participating teams acted as professional management accountants for a luxury sports car manufacturer, which they had to provide analysis and suggestions on its sustainable development. They were given a fixed amount of time to identify the business issues, analyse its cost and financial data, and develop a business plan covering the aspects of human resources, marketing and corporate social responsibility. After a full day of competition, the team from CUHK Business School took home the 1st runner-up. The winning team comprised four students from the Global Accounting Stream of the Professional Accountancy Programme: Mary Dongyan Yuan (Year 4), Hinson Ka-hin Wong (Year 3), Michelle Tsui-ling Tsang (Year 3) and Anthea Ong Cheng (Year 3). Mary also won the Best Future Business Leader Award, the only individual prize in the competition, with her outstanding leadership attributes. Organised by The Association of International Certified Professional Accountants (AICPA|CIMA), the CGMA Global Business Challenge is an international business competition designed to bring out the best in the young business leaders of tomorrow. By working together as a team of four to present a business case study, participants get the opportunity to showcase their talents in business management, and learn how to become future business leaders.     The post PACC Students Come Second at the North Asia Regional Final of CGMA Global Business Challenge 2018 appeared first on CUHK Business School. |
02 Oct 2018, 01:01
| FROM CUHK: CUHK Business School Launches Dialogue with Women CEOs and Mentorship Programme |
The Chinese University of Hong Kong (CUHK) Business School announced the official launch of Dialogue with Women CEOs and Mentorship Programme 2018-19 at a ceremony held on 28 September. The initiative was introduced in partnership with a group of women chief executives from the financial services industry in Hong Kong. (Left to right) Prof. Andy Wong, Associate Dean (Undergraduate Studies) and Associate Professor of Practice in Marketing, CUHK Business School; Diana Cesar, Chief Executive, Hong Kong, HSBC; Angel Ng, CEO, Citi Hong Kong & Macau; Mary Huen, CEO, Standard Chartered Hong Kong The inaugural Dialogue with Women CEOs 2018-19 was hosted at Citi Tower featuring three panelists including Ms. Angel Ng, CEO, Citi Hong Kong & Macau; Ms. Diana Cesar, Chief Executive, Hong Kong, HSBC; Ms. Mary Huen, CEO, Standard Chartered Hong Kong. The panel was moderated by Prof. Andy Wong, Associate Dean (Undergraduate Studies) and Associate Professor of Practice in Marketing of CUHK Business School, and discussed competition and negotiation, exercise and habits, gender and role differences. Over 100 principals, teachers-in-charge and students attended this inaugural Dialogue, hearing from executives who recounted their trials and tribulations during their years as students.  Over 100 principals, teachers-in-charge and students attended the launch ceremony and inaugural Dialogue with Women CEOs featuring three panelists including Ms. Angel Ng, CEO, Citi Hong Kong & Macau; Ms. Diana Cesar, Chief Executive, Hong Kong, HSBC; Ms. Mary Huen, CEO, Standard Chartered Hong Kong. The Dialogue with Women CEOs series, consisting of five dialogue events, aims to empower the next generation through exchange of views on business and social issues. It will be hosted between September 2018 and May 2019, featuring each time a panel of female CEOs who will speak about a variety of topics focusing on diversity and inclusion. More than 130 secondary schools have been invited to participate in the dialogue series. “Fostering women’s development and leadership has been a mission close to my heart,” Prof. Fanny Cheung, Pro-Vice-Chancellor of CUHK commented at the launch of the programme. “It is exciting to see senior female business leaders coming together for the youth of this city. I look forward to seeing how our collaboration can empower career development, engage in thought leadership, and drive positive changes in our community.” “It’s a privilege to be able to partner with such an esteemed group of female business leaders in the Dialogue series and Mentorship Programme, and be able to volunteer our students as young ambassadors and facilitators,” said Prof. Kalok Chan, Dean of CUHK Business School and Wei Lun Professor of Finance. “We believe it will benefit our Business School students to learn how to coordinate and facilitate between senior executives and secondary school students, and gain more exposure by hearing about the real-life successes and challenges senior executives face in their day to day work.” Ivy Au Yeung, CEO Hong Kong, ANZ and the convener of the group of female business leaders said, “The group of female business leaders is committed to paving the way for the next generation of women leaders. Through the Dialogue with Women CEOs and Mentorship Programme, we can start engaging young people and improving their access to financial education, providing them with a well-supported environment for future career growth in the financial industry. We hope young students can get inspired by the real-life experience from senior female leaders in Hong Kong.”  The Chinese University of Hong Kong (CUHK) Business School announced the official launch of Dialogue with Women CEOs and Mentorship Programme 2018-19 at a ceremony held on 28 September. The initiative was introduced in partnership with a group of women chief executives from the financial services industry in Hong Kong. (Left to right): Prof. Catherine Yeung, Associate Professor of Department of Marketing, CUHK Business School; Claire Lim, Head of Visa Consulting & Analytics, Hong Kong & Taiwan; Diana Cesar, Chief Executive, Hong Kong, HSBC; Prof. Kalok Chan, Dean of CUHK Business School and Wei Lun Professor of Finance; Angel Ng, CEO, Citi Hong Kong & Macau; Prof. Fanny Cheung, Pro-Vice-Chancellor of CUHK; Ivy Au Yeung, CEO, Hong Kong, ANZ; Winnie Wong, CEO, Asia, Asia Insurance Company Limited; Ann Kung, Deputy Chief Executive, Bank of China (Hong Kong); Helena Chen, Managing Director, Hong Kong & Macau, Mastercard; Mary Huen, CEO, Standard Chartered Hong Kong; Prof. Andy Wong, Associate Dean (Undergraduate Studies) and Associate Professor of Practice in Marketing, CUHK Business School The Mentorship Programme pairs executives from participating firms with secondary school students in groups of four to six with CUHK Business School students acting as coordinators. It complements the conversations and exchange of ideas that take place in each Dialogue. The programme targets to serve as many as 500 students from the invited schools. Over 80 mentor volunteers of participating firms will leverage the Programme to drive awareness of diversity and inclusion, as well as to inspire secondary school students to think about goals for study and career choices. In 2016, a group of female leaders in financial services came together to volunteer their time to promote greater gender balance, and develop the female talent pipeline for the financial services industry in Hong Kong. The group strives to increase female participation across all levels in financial services through awareness, education, and enablement. Today, the group is supported by a range of leading local and international financial services institutions: ANZ, Asia Insurance, Bank of China, Bank of Montreal, BNP Paribas, BNY Mellon, Commonwealth Bank of Australia, Citi, Credit Suisse, Goldman Sachs, Hang Seng Bank, HSBC, J.P. Morgan, Mastercard, Morgan Stanley, Rabobank, Standard Chartered, UBS, UOB, and Visa.      Photo at the top by Amanda Chan, Principal of Carmel Holy Word Secondary School The post CUHK Business School Launches Dialogue with Women CEOs and Mentorship Programme appeared first on CUHK Business School. |
02 Oct 2018, 03:01
| FROM CUHK: Cornell CUHK Regional Real Estate Competition, Asia |
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The Center for Real Estate and Finance at Cornell University and the Centre for Hospitality and Real Estate Research at The Chinese University of Hong Kong (CUHK) proudly present the “Cornell CUHK Regional Real Estate Competition, Asia” on 8 October 2018 at Cheng Yu Tung Building, CUHK. The competition welcomes teams of university students from top real estate programmes. These teams will compete in analysing an actual transaction and present their analysis and proposal to a panel of international real estate executives. The judging panel comprises of professionals from the real estate industries, including private equity funds, investment banks, developers and real estate consulting firms. The judges include:
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03 Oct 2018, 00:01
| FROM CUHK: PACC Graduates Seize Seven Awards at HKICPA Qualification Programme |
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Graduates from the PACC programme seized 4 out of the 8 awards in the QP Examination June 2018 Session and 3 out of 11 awards in the December 2017 Session. One of the graduates also received the ICAEW Prize, which is awarded to the candidate with the highest aggregate score in the four QP modules of the final examination. The awardees include: June 2018 Session
 Dr. Edmund Wong and Mr. Eric Leung also attended the ceremony to congratulate the alumni with their remarkable performances. Dr. Edmond Wong shared, “All of us at the School of Accountancy are very proud of our PACC graduates’ achievements in the latest QP examination (June 2018) in which half of the QP awards go to our PACC graduates.” The HKICPA Qualification Programme is a comprehensive training programme that provides the knowledge and skills necessary to become a CPA. QP builds on an accounting degree and progresses to course work and examinations. Candidates will also participate in workshops that simulate issues they will face at work as a CPA. They will then go on to real-world experience, gained under the tutelage of a CPA, which prepares them to assume roles with greater responsibility. The post PACC Graduates Seize Seven Awards at HKICPA Qualification Programme appeared first on CUHK Business School. |
11 Oct 2018, 02:01
| FROM CUHK: Empower Yourself through Empowering Others |
Cally Chan (EMBA 2007) was the first woman appointed as Managing Director of HP Hong Kong. Her contributions have been widely recognised and celebrated during her 20 years of service. She is also the Founder of Hong Kong’s first women only ICT (information and communications technology) association, FACE Club, which stands for “Female”, “Attract”, “Connect” and “Engage”. Last year she joined Microsoft as General Manager of Hong Kong and Macau. She hopes to help people achieve their goals through promoting AI (artificial intelligence) and other advanced new technologies. Reinventing a 2.0 Version of Self through EMBA Studies Not long after graduating with a bachelor’s degree in computing studies, Cally started at HP and worked in different areas including computer engineering, pre-sales support, as well as marketing and sales. Her career had been smooth sailing until she was promoted to general manager of her department, when she came to realise that her perspective differed drastically from her superior’s. She began to wonder if her background in engineering put her in a disadvantage in running and managing the company. Following the advice from a mentor, she decided to enrol in the CUHK EMBA programme. Cally’s primary focus was learning and getting along with classmates from all walks of life. Two years later, she noticed improvements in her leadership and strategic thinking. She also gained valuable insights into the thought process of professionals from other industries. The superior, whom she had not been on friendly terms with, began to see her in a new light. When the company subsequently went through a restructure and transferred her to another department, her superior made a strong case to try to keep her. “The EMBA programme could be considered a milestone in my life. It helped me reinvent myself.” Cally also took the advice from CUHK EMBA Programme Director Prof. Andrew Chan to heart. “He often reminded us, ‘Monetary rewards are the consequence not the cause. If you do the right thing, it’ll lead to the right consequence. As long as you create value for others, rewards will follow.’ This has become my motto in doing business and treating customers.”  Cally (front row, 6th from left) poses with her EMBA classmates at their graduation. Uniting Women to Play a Bigger Role in ICT ICT is a male-dominated industry. Cally considers herself lucky that she has not been treated unfairly because of prejudice. On the contrary, she thinks women should develop the right attitude. “When I was a computer engineer, every time I hosted a training course for clients I had to move a very heavy computer to the training room. I thought to myself that chivalry was dead because my male colleagues didn’t offer to help. Looking back, it meant they recognised the ability of women. If women don’t want to be discriminated against, they shouldn’t expect special treatment.” Change is constant. With the ability to create value at any time, one can embrace any change that may come. — Cally Chan An interlude took place in 2010, the year before Cally become the first woman to be appointed Managing Director of HP Hong Kong. The company believed she was fit for the job but worried that she might not be able to blend into the male dominated CIO (chief information officer) circle. Cally requested that the company nominate her to industry organisations, to expand her network and build trust with industry professionals. A year later, she was duly given the promotion. Cally thinks it is now the perfect time for women to enter ICT because every industry is going through digital transformation. Many ICT companies are recruiting women to cater to different client needs. To unite women, Cally and the Hong Kong Computer Society established the FACE Club, chaired by Cally herself since its start a few years ago. The club serves as a platform to celebrate distinguished women in the industry, encourage more women to enter the sector and offer support to each other. Since its establishment, the club has organised many events, including the Outstanding ICT Women Awards and a walkathon to raise money to recruit underprivileged women to go into ICT.  As Chairwoman of FACE Club, Cally (5th from left) strives to unite and empower women in the ICT industry. Technology Is a Tool Empower Yourself through Empowering Others Cally made a significant decision last year to leave HP, a company she has served for two decades, to assume the role of General Manager of Microsoft Hong Kong and Macau. She thinks digital transformation is a critical issue facing businesses of all sizes. Fortunate enough to be thriving in this golden age, she takes it upon herself to take humanity another step forward and do something she can be proud of. Limited by the business model of her former company, which focuses on hardware and infrastructure, she decided to flex her muscles at Microsoft, a major platform that specialises in digital transformation. As the head of an entire region, Cally thinks her most important duty is to find ways to enable people to use AI so that they can achieve their goals. “Internally, I hope to foster my employees, enhance their productivity and develop their strength with new technologies. Externally, I hope to assist our clients in digital transformation in order to facilitate their business expansion and create value. When our employees and clients grow, our company will naturally grow as well.”  (From left) Cally discusses how to use AI to promote corporate development with Centaline Property Agency Limited Founder and Ricacorp Properties Limited CEO Shih Wing-ching, and MoneySQ Founder and CEO Steven Lee at Microsoft Tech Summit 2018 – Hong Kong. Prepare Yourself to Embrace the Golden Age of ICT To embrace the golden age of ICT, Cally encourages young people to prepare themselves in three ways: First, develop better digital skills including AI, big data and cloud computing. Second, cultivate soft skills such as empathy and critical thinking. One must put themselves in others’ shoes to create value for others, and empathy is essential. Humans also need to exercise critical thinking to make the right judgments after AI computes the outcomes with big data. Third, develop maturity. Do not take anything for granted. Try stepping out of your comfort zone and broadening your scope. Change is constant. With the ability to create value at any time, one can embrace any change that may come.  Cally (front, 8th from left) with her teammates at Microsoft Hong Kong Annual Meeting, discussing business performance and corporate development. The post Empower Yourself through Empowering Others appeared first on CUHK Business School. |
12 Oct 2018, 02:01
| FROM CUHK: CUHK and Cyberport Co-host Smart City Datathon on 12-14 October 2018 |
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The Asian Institute of Supply Chains & Logistics (AISCL) of The Chinese University of Hong Kong (CUHK) and the Hong Kong Cyberport Management Company (Cyberport) will co-host a 36-hour Smart City Datathon 2018 on 12-14 October 2018. The Datathon is designed to inspire innovation in the development of creative applications, business models and smart city concepts through Big Data Analytics. Twenty teams of 2 to 3 full-time students from top Asian universities in Hong Kong, Mainland China, Taiwan, Singapore, South Korea, Malaysia, Thailand, and Australia will gather in Cyberport for two nights to compete for the most innovative and creative application. Cyberport will provide the data platform with a host of tools and libraries to facilitate the development of the applications, besides the supply of venue, facilities, food and refreshments during the 36-hour Datathon. On the other hand, Variflight, a leading aviation data service provider, will provide a set of aviation data including flight schedule, flight status and airport information, while HKIA will offer different types of civil aviation data including flight schedule, flight status, and airport information related to Hong Kong International Airport. In support of the competition, Amazon Web Services (AWS), the world’s most comprehensive and broadly adopted cloud platform, will act as the main technology sponsor with Acer and Leoteck being the IoT sponsors. “The Datathon aims to encourage and inspire the next generation to take part in Smart City initiatives. This is an excellent opportunity for elites in the region to unleash their talents such as analytic skills, conflict resolution, time management and creativity”, said Professor Waiman Cheung, Director of AISCL. “Cyberport is proud to host the Datathon for the first time at our Cyberport main campus. Fostering the development and application of digital technologies is one of the strategic focuses of Cyberport to fulfill the Smart City vision of the Innovation and Technology Bureau of the HKSAR Government. We are excited to serve as the data platform for hosting the aviation data feed for the participants. This demonstrates the potential of Hong Kong to develop into a regional data hub for the hosting, storing and processing of big data because of Hong Kong’s advance data communications infrastructure and established data protection practices”, Mr Peter Yan, CEO of Cyberport remarked. “AWS is delighted to be the official cloud and technical sponsor in this Smart City Datathon. The Datathon provides a good platform for participants to explore and experience the smart use of data. We hope to nurture more young talent in Hong Kong to support the city’s initiative on Smart City development,” said Mr. Alex Yung, Corporate Vice President and Managing Director of AWS Greater China. “VariFlight is honoured to have the opportunity to work with AISCL and Cyberport in nurturing young elites in Asia. Working with technology incubator Cyberport from Hong Kong, and industry giant Amazon Web Services (AWS), we hope to inspire more college students in their quest to enhance their cities by the using of data technologies. We are looking forward to hearing the inspiring ideas proposed by participants,” Zheng Hongfeng, Founder and CEO of VariFlight said. Exciting rewards have been lined up for winners of this competition. Champion of the contest will receive the “Hong Kong International Airport Award” with a prize of HK$50,000, while first runner-up and second runner-up will receive HK$30,000 and HK$20,000 respectively. Furthermore, winning teams will have the chance to take an express route and be invited to participate in the final round of selection for the Cyberport Creative Micro Fund or Cyberport Incubation Programme which offer up to HK$500,000 financial support for starting up their digital technology businesses! Other supporting organisations of the competition include HGC Global Communications, Juniper Networks, Sino-US Global Logistics Institute of Shanghai Jiao Tong University, and Smart City Consortium.  The post CUHK and Cyberport Co-host Smart City Datathon on 12-14 October 2018 appeared first on CUHK Business School. |
14 Oct 2018, 21:01
| FROM CUHK: CUHK EMBA Ranks 29th in Financial Times Executive MBA Ranking 2018 |
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The Chinese University of Hong Kong (CUHK) Business School’s Executive MBA has been ranked 29th in the Financial Times Executive MBA Ranking 2018, which features the world’s top 100 programmes. Among the top two independent EMBA programmes in Greater China, CUHK EMBA’s alumni have achieved high average salary three years after graduation, with an average amount of more than HK$2.09 million (US$267,490). The programme’s alumni also achieved a high average salary increase rate of 59 per cent. The programme ranks top amongst all independent EMBA programmes in Asia Pacific in terms of female students, with 38 per cent of the student body represented by female business leaders. In a new criterion that indicates EMBA programme’s proportion of core courses dedicated to corporate social responsibility, ethic, social and environmental issues, CUHK EMBA also came out on top amongst all independent EMBA programmes in Greater China. CUHK EMBA has scored high in areas including alumni’s career progress, aims achieved via programme, Business School’s research publications, and international diversity and female proportion in the programme’s advisory board. “We are very pleased to see the positive ranking results,” said Prof. Andrew C. F. Chan, Co-Director of Executive MBA Programme at CUHK Business School. “We were the first EMBA Programme in Hong Kong, and it is a truly made-in-Hong Kong product. While ranking is not our foremost pursuit, we appreciate the recognition of our effort and ability to nurture top-notch management talent to meet the needs of Hong Kong, the mainland and the world. We follow CUHK’s global vision and mission ‘to combine tradition with modernity, and to bring together China and the West’ as our motto. We have also established the ‘six pillars’ (Theories, Practices, Internal Network, External Network, Strategic Perspectives and Social Contribution) as our programme’s core value to enhance the well-being of the business community and society.” CUHK EMBA continues to introduce new course content and bring new learning experiences to students. To enhance relevancy and practicality for quality teaching, the programme has partnered with business leaders and Business School faculty members to successfully develop three case studies titled “TSL Jewellery: An Innovator Across Generations”, “Hung Fook Tong: From Hong Kong to China” and “AMOREPACIFIC Hong Kong: Marketing Korean Beauty Products”. Chief executives from these companies were invited to classes to share their insights and discuss the real business cases with students. CUHK EMBA programme continues to innovate in its curriculum by offering electives such as “Design and Innovation Management”, “Innovation Technology”, “FinTech”, “China Business” and “Applied Entrepreneurship”, etc. Students also have the opportunity to develop their global perspective and interact with senior executives from different parts of the world during overseas study trips. During summer of 2018, two trips to Denmark and the UK were hosted. A “Greater China EMBA Elite Study Week” is hosted annually with EMBA Programmes of Peking University and the National Taiwan University, and this year’s theme was “Social Innovation”. Since 2003, in collaboration with the Radio Television Hong Kong (RTHK), CUHK EMBA has been running the “Talking to CEOs” and the “New Thinking in Management” TV/Radio programmes. These programmes have been broadcast on several key media channels including RTHK Radio One, RTHK TV 31, i-Cable Live News Channel, now Business News Channel and now Direct Channel. Distinguished leaders, academics and government officials were invited to these programmes to share their experience and insights with the alumni and students. These broadcasts, as well as the content of the EMBA forums, conferences, seminars, etc., are published regularly in books, newspapers and magazines to reach a broader audience. Over 1,000 articles have been published over the past 15 years. To provide lifelong learning opportunities and enhance networking for EMBA alumni and students, CUHK EMBA has been conducting different types of non-credit bearing seminars/events since 2002 and invited all EMBA alumni and students to attend, including monthly EMBA Forums, quarterly Left-Right Circles Theory Seminar, and the annual EMBA Annual Conference cum Reunion Dinner. In addition to these events, the CUHK EMBA Alumni Association also organizes an array of activities. Read the full Financial Times EMBA Ranking 2018 results at: https://on.ft.com/2CJlahH or click here to download a pdf copy. The post CUHK EMBA Ranks 29th in Financial Times Executive MBA Ranking 2018 appeared first on CUHK Business School. |
14 Oct 2018, 22:01
| FROM CUHK: MBA Mentorship Programme Kicks off |
To date, over 1500 alumni and students have been involved in this programme either as a mentor or mentee. It provides an invaluable one-on-one coaching and guidance to help MBA students with their personal and career development. Many of the programme’s mentors are notable business leaders such as chairpersons, CEOs, CFOs, CIOs, managing directors, general managers, presidents and unit heads from leading home-grown and multinational companies as well as successful founders of startups. The earliest graduate of the list graduated in 1980, and the latest graduated in 2013, covering banking and finance, FinTech, HR, FMCG, property development, emerging tech, public sectors and more.    CUHK Business School has over 35,000 alumni worldwide in which 8,000 are MBA graduates. The School’s alumni network is the largest in Hong Kong with 18 alumni associations and chapters and 39 alumni ambassadors in cities all over the world. It is the strong and dedicated alumni such as yourselves that helps the School to build an impressive regional and international community and to establish mutually rewarding relationships. The post MBA Mentorship Programme Kicks off appeared first on CUHK Business School. |
18 Oct 2018, 04:01
| FROM CUHK: CUHK Derivatives and Quantitative Investing Conference |
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The Department of Finance at The Chinese University of Hong Kong (CUHK) Business School is pleased to present the Derivatives and Quantitative Investing Conference, which will take place on 26 October 2018 (Friday) at the CUHK Business School Town Centre. This is an exciting platform for researchers and practitioners from academia and industry to share the cutting edge research and practice in derivatives markets and the application of derivatives in quantitative investing. Neil Pearson, Chair Professor of Finance at University of Illinois at Urbana-Champaign, will deliver the keynote speech, along with more than a dozen of expert speakers from Hong Kong, Singapore, the U.S., Canada, and the U.K. The topics include advanced option pricing methods, volatility risk premia, innovative trading strategies in option and stock markets, the application of derivatives in asset allocation and risk management, etc. Following the success of 2017 CUHK-CQAsia Quantitative Investment Strategies Conference, this one day event is a superb opportunity to interact and engage with experts and is for aspiring CIOs, heads of research, market makers, portfolio managers, traders, and all investors interested in derivatives and quantitative trading strategies. CUHK Business School’s finance professors and PhD students are already sharing their work with leading investment banks and hedge funds across Asia, Europe, and North America such as Morgan Stanley, Deutsche Bank, Bank of America Merrill Lynch, Macquarie Group, Two Sigma, Cubist, and Yinghua, etc. Recently, they have received many competition-based research awards and grants from private sectors at the U.S., Canada, France, and Hong Kong, etc. You are cordially invited to attend this event to learn and benefit from cutting-edge quantitative research related to derivatives, which can be applied to real-world investment management and trading practice. Try not to miss this ground breaking opportunity and register now as seats are very limited. Registration and General Information Free of charge but advanced registration is required. Simple lunch will be provided. Since seats are limited, please register online on or before 19 October 2018 (Friday). Download Conference Agenda Download Speaker Bio The post CUHK Derivatives and Quantitative Investing Conference appeared first on CUHK Business School. |
18 Oct 2018, 21:01
| FROM CUHK: Undergraduate Mentorship Programme Bonds Students to the Business Community |
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Jointly organised by CUHK BBA Alumni Association and CUHK Business School’s Office of Undergraduate Programmes, the Undergraduate Mentorship Programme 2018-19 was successfully kicked off on 13 October 2018. This year, 120 mentors from various sectors and 169 current students have participated in the programme. 110 out of 169 mentees were the new cohort from Year 1 and Year 2, who were committed to make the most out of their early years in university. At the event, Prof. Kalok Chan, Dean of CUHK Business School and Wei Lun Professor of Finance thanked the mentors for their unfailing support and encouraged students to learn from their mentors who were seasoned professionals across various industries. He was pleased to address that the admitted mentees this year represented a diverse student mix from all programmes. Followed was the panel sharing by two remarkable alumni ─ Mr. Adrian Tam, General Manager and Head of Sales & Business Development at Octopus Cards Limited and Mr. Percy Leung, Assistant Secretary for Security at the HKSAR Government, who have been serving as mentors for 6 years and 10 years respectively. Adrian, Percy and their mentees Stephanie Au (IBBA Year 3 student) and Veronica Ling (HTMG 2012 alumna) shared tips on how they maintained a sustainable mentoring relationship. Both senior mentors advised that attitude is the key. Mentees are recommended to be proactive to connect with their mentors and devoted to the programme so they could gain the most out of the mentoring relationship.       This year, Year-2 BBA-JD student NG Yee Yan was awarded the CUHK BBA Alumni Association Scholarship in recognition of her academic achievement and outstanding performance in leadership and social services. Mentors were also presented certificates as a token of appreciation by President of CUHK BBA Alumni Association Mr. Raymond Lo and the Dean. Since 2008, the Mentorship Programme has been an indispensable part of the undergraduate curriculum that brings a social dimension to the classrooms, and provides one-on-one coaching and guidance to help students with their personal and career development. Each pair of mentor-mentee is matched based on the mentor’s preference and expertise as well as mentees’ career interests. The post Undergraduate Mentorship Programme Bonds Students to the Business Community appeared first on CUHK Business School. |
23 Oct 2018, 02:01
| FROM CUHK: Team CUHK Wins the Cornell CUHK Regional Real Estate Competition with Home Court Advantage |
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The three winning teams from CUHK Business School, University of Hong Kong and Hong Kong Polytechnic University won K. Wah prizes of US$10,000, US$8,000 and US$7,000 respectively, and will go on to the Cornell International Real Estate Case Competition in New York City from 12-13 November. Team CUHK was formed by Miko Ngai (Hotel and Tourism Management [HTM], Year 4), Dennis Ho (HTM, Year 4), Iris Jang (HTM, Year 5), Christie Lau (Global Economics and Finance, Year 4), Heidi Chan (Quantitative Finance, Year 4) and Kenneth Lai (Insurance, Financial and Actuarial Analysis, Year 4). The team shared that they prepared for the competition by reviewing past practice cases from the U.S. competition and seeking feedback from their faculty and industry advisers. Through consolidating the comments and their findings, they tried to make improvements every time. The six year four students that made up ESTAB, Polytechnic University’s team, shared that this was the first time they participated in a case competition because competitions related to this industry is rare and they jumped at the opportunity to do so. Despite the intensity of the competition, they had already considered themselves winners after finishing a long day of presentations. Before the judges went on to present the awards, Mr. Michael Dang, President of Anpha Holdings gave the teams a glimpse of what actually happened in the real life transaction of the case analysis, sharing that as a real estate developer it’s not always only about the ROI but factors such as emotional attachment influence their decisions as well. Mr. Daisuke Kitta, Head of Real Estate Japan; Senior Managing Director of the Blackstone Group, gave feedback to all the competitors. He commended them for their creativity, while giving them three key takeaways on behalf of the judges, including the crux of the 60-second elevator pitch, importance of quants as well as to always keep their recommendations simple. The eight teams that competed are from Central University of Finance and Economics, Beijing, Konkuk University in South Korea, National Chengchi University in Taiwan, Renmin University of China, The Chinese University of Hong Kong, The Hong Kong Polytechnic University, The University of Hong Kong and Universitas Tarumanagara in Indonesia. The teams had five days to analyse an actual transaction and present their analysis and proposal to a panel of international real estate executives. They could not reveal their universities and had to remain anonymous in order to avoid any biases throughout the judging process. The judging panel comprised professionals from the real estate industries, including private equity funds, investment banks, developers and real estate consulting firms. Apart from judging the presentations, these industry experts also shared their feedback with teams, sharing their professional knowledge and expertise in the real estate industries.      The post Team CUHK Wins the Cornell CUHK Regional Real Estate Competition with Home Court Advantage appeared first on CUHK Business School. |
23 Oct 2018, 03:01
| FROM CUHK: Team CUHK Wins the Cornell CUHK Regional Real Estate Competition, Asia with Home Court Advantage |
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The three winning teams from CUHK Business School, University of Hong Kong and Hong Kong Polytechnic University won K. Wah prizes of US$10,000, US$8,000 and US$7,000 respectively, and will go on to the Cornell International Real Estate Case Competition in New York City from 12-13 November. Team CUHK was formed by Miko Ngai (Hotel and Tourism Management [HTMG], Year 4), Dennis Ho (HTMG, Year 4), Iris Jang (HTMG, Year 5), Christie Lau (Global Economics and Finance, Year 4), Heidi Chan (Quantitative Finance, Year 4) and Kenneth Lai (Insurance, Financial and Actuarial Analysis, Year 4). The team shared that they prepared for the competition by reviewing past practice cases from the U.S. competition and seeking feedback from their faculty and industry advisers. Through consolidating the comments and their findings, they tried to make improvements every time. The six year four students that made up ESTAB, Polytechnic University’s team, shared that this was the first time they participated in a case competition because competitions related to this industry is rare and they jumped at the opportunity to do so. Despite the intensity of the competition, they had already considered themselves winners after finishing a long day of presentations. Before the judges went on to present the awards, Mr. Michael Dang, President of Anpha Holdings gave the teams a glimpse of what actually happened in the real life transaction of the case analysis, sharing that as a real estate developer it’s not always only about the ROI but factors such as emotional attachment influence their decisions as well. Mr. Daisuke Kitta, Head of Real Estate Japan; Senior Managing Director of the Blackstone Group, gave feedback to all the competitors. He commended them for their creativity, while giving them three key takeaways on behalf of the judges, including the crux of the 60-second elevator pitch, importance of quants as well as to always keep their recommendations simple. The eight teams that competed are from Central University of Finance and Economics, Beijing, Konkuk University in South Korea, National Chengchi University in Taiwan, Renmin University of China, The Chinese University of Hong Kong, The Hong Kong Polytechnic University, The University of Hong Kong and Universitas Tarumanagara in Indonesia. The teams had five days to analyse an actual transaction and present their analysis and proposal to a panel of international real estate executives. They could not reveal their universities and had to remain anonymous in order to avoid any biases throughout the judging process. The judging panel comprised professionals from the real estate industries, including private equity funds, investment banks, developers and real estate consulting firms. Apart from judging the presentations, these industry experts also shared their feedback with teams, sharing their professional knowledge and expertise in the real estate industries. The post Team CUHK Wins the Cornell CUHK Regional Real Estate Competition, Asia with Home Court Advantage appeared first on CUHK Business School. |
23 Oct 2018, 22:01
| FROM CUHK: CUHK-Japan Business Federation-Sophia University Course Promotes Inbound Tourism for ANA |
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The School of Hotel and Tourism Management of CUHK Business School and Sophia University (Tokyo, Japan) joined forces for the second time to offer an intensive summer course for their students. In this edition, Sophia University’s partner Japanese Business Federation (JBF), invited ANA, ranked no. 3 of 2018 top 10 airlines in the world, to serve as the corporate partner of the project. Addressing global business challenges faced by Japanese companies, this year’s course focused on the promotion of inbound tourism in Japan from the airline’s perspective. The project-based course consists of on-campus lectures by faculty members, corporate executives and industry professionals, as well as site visits, group work and presentations. Participating students spent week 1 in Hong Kong (6-10 August) and week 2 in Tokyo (20-24 August). In the first week, managers of ANA and JBF from Tokyo joined their colleagues in the Hong Kong office to provide project briefing and consultation sessions for the students. Following the first consultation, they had one-week time to prepare for their project using online platforms before their presentation to ANA representatives at the end of week 2. Mr. Shinya Kanda, Senior Director of Human Resources at ANA shared: “The brainstorming discussions served its purposes by generating new ideas and allows us to think out of the box. I have already visioned some of the ideas and approaches will be our options in the new markets. Working with the students rejuvenates my thoughts and brings me new lights. It is without doubt a valuable learning opportunity for me as well as for the company.” “It’s been encouraging to see the CUHK-JBF-Sophia course on Global Business Challenges taking place for the second consecutive year,” remarked Prof. Hisanaga Amikura, Professor of Business Administration with the Faculty of Economics at Sophia University in Japan. “A course like this a true testimony of how education institutions can collaborate with the private sector in course design. It really doesn’t matter whether the students are from Hong Kong or Japan, displaying equally strong and keen passion, curiosity and willingness to learn.” “Students are often busy with internships and overseas exchange during the summer, and to add to that challenge the term schedule of Hong Kong and Japan are different,” expressed Prof. Jie Tian, Senior Lecturer and Programme Director of MSc in Management of Real Estate and Hospitality Assets Programme. “Which is why to be able to see this course take place two years in a row, it’s a testimony of our commitment as well as students’ support and interest to work with companies on real-life business challenges. CUHK Business School looks forward to continuing this three-way partnership in the years to come.”     The post CUHK-Japan Business Federation-Sophia University Course Promotes Inbound Tourism for ANA appeared first on CUHK Business School. |
28 Oct 2018, 20:01
| FROM CUHK: Investment Professionals Learn about Making Impact Investments |
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The workshop aimed to provide investment professionals with the skills to evaluate the investment characteristics of social ventures, structure investments in social ventures, and build impactful investment portfolios. Three speakers ran the workshop, including Professor Kevin Au, Associate Director of the Center for Entrepreneurship and Director of the Center for Family Business at CUHK; Professor Robert Gertner, Joel F. Gemunder Professor of Strategy and Finance and John Edwardson Faculty Director for the Rustandy Center for Social Sector Innovation at Chicago Booth; and Ms. Priya Parrish, Chief Investment Officer, Impact Engine, and Impact Investor in Residence, Rustandy Center for Social Sector Innovation. Four local social enterprises including RunOurCity, Longevity Design House, Easy Green and Inno8tia Environment Engineering were also on-site during the two-day course to share the ups and downs of their organisations. Participants had positive feedback about the course, agreeing that it was a good start with social impact education for professionals in the field, while practitioners who shared were extremely knowledgeable and had great skills on adopting innovative ways to solve social issues. The first part of the course featured coursework and case studies covered impact investing, due diligence, deal structuring, portfolio construction, and impact measurement. These skills were applied to write an investment proposal and to prepare a business pitch with Hong Kong social enterprises. Attendees then worked in groups to conduct analyses and presented investment recommendations to a mock investment committee made up of institutional investors, including:
    The post Investment Professionals Learn about Making Impact Investments appeared first on CUHK Business School. |
06 Nov 2018, 04:01
| FROM CUHK: Protected: The 2nd CUHK Derivatives and Quantitative Investing Conference |
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07 Nov 2018, 01:01
| FROM CUHK: Protected: The CUHK Derivatives and Quantitative Investing Conference |
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