Prof. Xiang Fang from HKU Business School noted in an interview with the Hong Kong Economic Journal Monthly that completely free capital flows are no panacea. There is broad agreement, especially after the 2008 financial crisis, that full capital account openness is not necessarily the optimal choice.
15 Jul 2026
Faculty
Around 20 years ago, a prominent issue in the global economy was the imbalance of current accounts. The current account comprises the import and export of goods and services, as well as the net return on mutual foreign investments, with the former being the primary component. Current account imbalances can be viewed as trade imbalances—namely, the persistent or even growing trade surpluses or deficits of various economies as a proportion of their GDP.
15 Jul 2026
Faculty
Prof. Zhiwu Chen, Chair Professor of Finance at HKU Business School, pointed out that this gap reflects a deeper structural challenge in tax administration. While digital systems have made it increasingly easy for authorities to monitor conventional payroll income, the earnings of internet streamers and the online stores they front remain considerably harder to track.
10 Jul 2026
Faculty
Recently, Interactive Brokers announced that users can now connect large language models like ChatGPT, Claude, and Grok directly to their investment accounts for market research, portfolio analysis, and even trade generation. Large language models are evolving from conversation tools that simply answer questions and generate content into intelligent agents capable of calling external tools, connecting to real-world systems, and participating in complex decision-making.
9 Jul 2026
You pour out the remaining half-bottle of distilled water, then drop the plastic bottle—cap, label, and all—into the brown recycling bin on the street corner. As far as you are concerned, the story of this plastic bottle ends here. However, there is a very high chance it won’t actually make it to the recycling path; instead, it will end up straight in the landfill.
8 Jul 2026
Faculty
In a recent interview with Caijing, Prof. Yang You, Assistant Professor of Finance in HKU Business School, said Hong Kong’s top priority is to build robust local gold delivery and settlement capacity.
6 Jul 2026
Faculty
Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute, was recently quoted in The New York Times, weighing in on the EU's intensifying scrutiny of Chinese tech giant Nuctech and the rising geopolitical tensions surrounding global trade.
6 Jul 2026
Faculty
In a recent Bloomberg interview, amid the surge in chip trade between Hong Kong and the Chinese Mainland, Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute, explained that Hong Kong continues to play a role in assuring quality, verifying standards, and protecting intellectual property (IP) for products with high IP content. He also highlighted that the city retains strong institutional advantages.
3 Jul 2026
Faculty
As Hong Kong prepares to unveil its first five-year plan, the city is entering a new phase of economic growth and structural transformation. In an interview with Wen Wei Po, Professor Heiwai Tang, Associate Dean of HKU Business School, shared his vision for Hong Kong’s next decade.
2 Jul 2026
Faculty






















