In this column last week, we analysed the advantages of captive insurance companies in risk management and cost control. However, not all companies are suited to establishing their own captive insurers. What does it take for companies to achieve the intended risk-diversification objectives while avoiding the creation of new sources of risk?
12 Nov 2025
Faculty
Prof. Haonan ZHOU, Assistant Professor of Finance at HKU Business School, shared his views in a recent Financial Times article. Combing through three decades of syndicated loan market data across more than 100 countries, he found that when a borrower’s home country experiences a financial crisis, non-bank lenders cut their lending by about 20% more than banks do.
8 Nov 2025
Faculty
Nowadays, enterprises frequently face a dilemma in risk management and insurance. On the one hand, they are exposed to increasingly complex and numerous risks, from natural disasters and environmental liabilities to cybersecurity threats and supply-chain disruptions, which pose a constant threat to business operations and financial stability.
5 Nov 2025
Faculty
In Hong Kong, a densely populated international metropolis, the red, green, and blue taxis flowing through the streets once symbolized the city's vitality. However, in recent years, issues such as inconsistent taxi service quality, an aging driver demographic, and frequent instances of refusal to pick up passengers or taking circuitous routes have become increasingly prominent, prompting society to re-examine the sustainability of traditional travel modes.
2 Nov 2025
Following the proposal in February 2025 by its Japanese parent company Toridoll Holdings to privatize Tam Jai International, which had been listed in Hong Kong for less than three and a half years, HSBC Holdings announced in September 2025 its plan to privatize the 1933-founded Hang Seng Bank.
29 Oct 2025
Faculty
Artificial intelligence (AI) is advancing rapidly. The achievements of Chinese tech firms have impressed overseas investors and prompted the United States to step up containment efforts aimed at slowing China’s AI development. Prof. Jack Jiang, the Padma and Hari Harilela Professor in Strategic Information Management at HKU Business School, said China’s AI large models are already world-leading and the gap with the United States is narrowing.
27 Oct 2025
Faculty
Two years ago, we wrote the article “Commercialization of Intellectual Property Benefits High-quality Economic Development” in this newspaper column and, together with the Hong Kong Young Industrialists Council, published the “IP Commercialization: A Boost for Hong Kong Re-Industrialization Strategy” research report.
22 Oct 2025
Faculty
Starting in 2024, a doll named Labubu—with pointy little ears, devil-like large eyes, and a grin revealing nine sharp fangs—took the world by storm. In the first half of 2025, Labubu’s sales reached 4.8 billion RMB. What amazed the market about Labubu was not only its formidable money-making power, but also its unstoppable momentum in overseas markets.
16 Oct 2025
Entering the last quarter of 2025, the rekindling of the China-US trade war dispelled the atmosphere of truce in the wake of four rounds of bilateral trade talks. The current focus of the global economy is on potential talks and possible agreement between the Chinese and US leaders at the Asia-Pacific Economic Cooperation (APEC) meeting, scheduled for the end of this month in Gyeongju, South Korea.
15 Oct 2025
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