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Going Global Riding ESG Waves: Labubu’s Meteoric Rise
Going Global Riding ESG Waves: Labubu’s Meteoric Rise
Prof. Guojun He
Labubu, known for its distinctive and expressive smile, has become a cultural global icon that many have come to appreciate. In2024, the Monsters IP franchise generated 3.041 billion RMB in revenue, showcasing China's potential in global original IP exports.
23 Jul 2025
Faculty
U.S. monetary policy: 2025 Q2 review and outlook
U.S. monetary policy: 2025 Q2 review and outlook
Dr. Chi Pui HO
At the beginning of 2022, high inflation was the top priority for the U.S. economy. By the second quarter of 2025, although inflation had significantly decreased, it remained slightly above the Federal Reserve's long-term target of 2%. The Federal Open Market Committee has been implementing various measures aimed at bringing inflation back down to the 2% long-term target. However, recent policy changes by the U.S. government have added uncertainty to the economic outlook and the formulation of monetary policy. This article provides a brief analysis of the U.S. economic conditions and the direction of monetary policy in the second quarter of 2025.
16 Jul 2025
Faculty
Private Flats Unaffordable, Subsidized Homes Odds Worse Than Lottery
Private Flats Unaffordable, Subsidized Homes Odds Worse Than Lottery
Prof. Michael B. WONG
In a recent interview with Wen Wei Po, Prof. Michael B. Wong, Assistant Professor in Economics, Management and Strategy at HKU Business School, suggested that improving the quality of Home Ownership Scheme (HOS) flats could provide a key incentive for property ownership. He argued that the convergence in quality between public rental housing (PRH) and HOS flats is a major policy design flaw. As PRH is intended to provide basic shelter for low-income groups, HOS flats should be of superior quality to attract tenants to move up the housing ladder.
15 Jul 2025
Faculty
Wen Wei Po (Chinese Only)
Hongkongers Have Money—Just Not for You
Hongkongers Have Money—Just Not for You
Dr. Vera Wing-han YUEN
The pressure on Hong Kong’s catering industry is unprecedented: rising rents, wages, and ingredient costs are squeezing profit margins, while increasing labor costs make it difficult to recruit and retain staff. Consumer spending is shifting northwards, and tourist spending has yet to fully recover. The entry of mainland brands has intensified competition. The macroeconomic outlook is uncertain, and consumer preferences are changing, with people becoming more frugal. In an effort to turn things around, some groups have launched promotions at several of their upscale restaurants.
15 Jul 2025
Faculty
Ming Pao (Chinese Only)
The Power of Explaining Your No: How Investor Vote Rationales Drive Corporate Change
The Power of Explaining Your No: How Investor Vote Rationales Drive Corporate Change
Prof. Roni MICHAELY
When institutional investors cast their votes against company directors, they increasingly do something that was once rare: they explain why. These "voting rationales" — brief written explanations accompanying dissenting votes — are emerging as a surprisingly effective tool for driving corporate governance reform, according to new research analyzing nearly 800,000 such disclosures.
11 Jul 2025
The One Big Beautiful Bill Act: Yet Another Policy Blunder
The One Big Beautiful Bill Act: Yet Another Policy Blunder
Dr. Y. F. LUK
Is America's 'One Big Beautiful Bill Act' a masterpiece or a misstep?According to Dr Y.F. Luk, Honorary Associate Professor at HKU Business School, this new policy comes at a steep price. He explained that while the 870-page bill makes tax cuts permanent, it pays for them by slashing vital medical and food subsidies.
9 Jul 2024
Faculty
Multipolar World Brings Small Economy Opportunities
Multipolar World Brings Small Economy Opportunities
Prof. Heiwai TANG
The 7th "Hong Kong University China Economic Quarterly Forum" series of events was recently held. Prof. Heiwai Tang, Associate Dean of HKU Business School and Director of the Asia Global Institute, delivered a keynote speech titled "The New Pattern of the Asian Economy under Geopolitics." Prof. Tang believes that in the next decade of "globalization," economic interactions between countries will become more fragmented, digitalized, and regionalized, with the world transitioning toward multipolarity. The brand-new "globalization" may possibly occur without the participation of the United States.
7 Jul 2025
Faculty
CRNTT (Chinese Only)
Price Manipulation with Algorithms: Think Twice
Price Manipulation with Algorithms: Think Twice
Prof. Xi LI
In the era of online shopping, the so-called "no discounts for old customers or dogs" policy often leaves loyal consumers feeling helpless. Many e-commerce platforms implement a "one person, one price" strategy, and even tailor prices based on users' purchasing habits and browsing histories, causing different consumers to pay different prices for the same product. In addition, airline ticket prices fluctuate constantly, with the phenomenon of "the more you search, the more expensive it gets" becoming the norm.
3 Jul 2025
Stablecoins: A Trust Anchor in the Sea of Digital Currency
Stablecoins: A Trust Anchor in the Sea of Digital Currency
Dr. Yifei ZHANG
In recent years, the global financial markets have been turbulent, with Bitcoin’s price fluctuations resembling a rollercoaster—attracting investors in pursuit of high returns. However, in this vast digital ocean, most enterprises and investors are not seeking adventure, but rather a safe haven for investment.
2 Jul 2025
Faculty
Our Authors
Prof. Guojun HE

Prof. Guojun HE

Dr. Chi Pui HO

Dr. Chi Pui HO

Prof. Michael B. WONG

Prof. Michael B. WONG

Dr. Vera Wing-han YUEN

Dr. Vera Wing-han YUEN

Dr. Y. F. LUK

Dr. Y. F. LUK

Prof. Heiwai TANG

Prof. Heiwai TANG

Prof. Xi LI

Prof. Xi LI

Dr. Yifei ZHANG

Dr. Yifei ZHANG

Prof. Maurice K.S. TSE

Prof. Maurice K.S. TSE

Prof. Guojun HE

The Hong Kong Jockey Club Professor in Economics

Professor in Economics

Director, HKU Jockey Club Enterprise Sustainability Global Research Institute

Associate Director, Institute of China Economy

In the Media
Going Global Riding ESG Waves: Labubu’s Meteoric Rise
23 Jul 2025
Reinstate Crypto Mining to Facilitate China’s Transition to Carbon Neutrality
26 Mar 2025
Turning Climate Risks into Development Opportunities: Policy Insights for Hong Kong’s Economic Outlook
3 Mar 2025
Dr. Chi Pui HO

Lecturer

In the Media
U.S. monetary policy: 2025 Q2 review and outlook
16 Jul 2025
28Hse Updates on Property Price and Rental Index: Dr. Ho Anticipates a 5% Recovery in Prices This Year
5 Mar 2025
Analysing Hong Kong’s Overall Economic Situation with Data
21 Aug 2024
Prof. Michael B. WONG

Assistant Professor

In the Media
Private Flats Unaffordable, Subsidized Homes Odds Worse Than Lottery
15 Jul 2025
The Path Out of the Fiscal Deficit: Selling Public Housing to Save Hong Kong
24 Apr 2025
Hong Kong’s Housing Crisis: A Deep Dive into Its Evolution and Countermeasures
3 Feb 2025
Dr. Vera Wing-han YUEN

Lecturer

In the Media
Hongkongers Have Money—Just Not for You
15 Jul 2025
High Move-Out Requirements for Wealthy Public Housing: How to Ensure Equitable Resource Distribution?
18 May 2025
Hong Kong Sevens, Art Basel No Match for Taylor Swift’s Economic Power: Experts
27 Mar 2025
Dr. Y. F. LUK

Honorary Associate Professor

In the Media
The One Big Beautiful Bill Act: Yet Another Policy Blunder
9 Jul 2024
The Trade War and Macroeconomic Identities
21 May 2025
Behind Trump’s Tariff Hammer
9 Apr 2025
Prof. Heiwai TANG

Associate Vice-President (Global)

Associate Dean (External Relations)

Victor and William Fung Professor in Economics

Director, Asia Global Institute

Director, APEC Study Center

Associate Director, Hong Kong Institute of Economics and Business Strategy

In the Media
Multipolar World Brings Small Economy Opportunities
7 Jul 2025
Four Takeaways from London’s Experiences for Hong Kong’s Economic Transformation
18 Jun 2025
Implement Industrial Metrics to Observe Trends in Industry Development
22 May 2025
Prof. Xi LI

Professor

Director, Asia Case Research Centre

Associate Director, Institute of Digital Economy and Innovation

In the Media
Price Manipulation with Algorithms: Think Twice
3 Jul 2025
How Can Hong Kong Retailers Survive the Surge of Mainland E-commerce?
4 Jun 2025
Can Voluntary Data Sharing Protect Consumers?
22 Aug 2024
Dr. Yifei ZHANG

Senior Lecturer

BEcon/BEcon & Fin Deputy Programme Director and Admissions Tutor

In the Media
Stablecoins: A Trust Anchor in the Sea of Digital Currency
2 Jul 2025
The U.S. Debt Storm and the Reshuffling of Global Finance
23 Apr 2025
DeepSeek vs. OpenAI: Shaping a New Global AI Order
12 Feb 2025
Prof. Maurice K.S. TSE

Associate Professor of Teaching

In the Media
Tug-of-War Between Fraud and Security in the Age of AI
25 Jun 2025
Losers Bear All in the Tariff Gamble
7 May 2025
Clash of Great Powers in the Field of Generative AI
19 Mar 2025