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The Art of Pricing in the Digital Age
The Art of Pricing in the Digital Age
Prof. Xi LI
In 2023, the Belgian newspaper Dernière Heure revealed that the ride-hailing platform Uber charges different prices to users based on their phone’s battery level.[1] Specifically, for the same trip, if your phone has 84% battery remaining, Uber charges 16.6 euros; but if you only have 12% battery left, the price rises to 17.56 euros. The logic behind this pricing is obvious: if your phone is about to run out of battery, you’re probably in no position to wait, and have no choice but to accept Uber’s higher price
25 Jul 2025
GDP Surpasses 2018 — But Hong Kong Faces “Jobless Recovery”
GDP Surpasses 2018 — But Hong Kong Faces “Jobless Recovery”
Prof. Heiwai TANG
In a recent interview with Ming Pao, Prof. Heiwai Tang, Associate Vice-President of HKU, explained that Hong Kong’s economic growth coupled with weak consumer sentiment stems from price rigidity—where wages and shop rents remain high, causing slow price adjustments. He noted that this leads the public to perceive restaurants as understaffed and expensive, yet offering poor quality, while high costs undermine business competitiveness and dampen consumer spending.
25 Jul 2025
Faculty
Ming Pao (Chinese Only)
Going Global Riding ESG Waves: Labubu’s Meteoric Rise
Going Global Riding ESG Waves: Labubu’s Meteoric Rise
Prof. Guojun He
With its signature jagged-teeth smile and “ugly cute” look, Labubu has quickly turned into a cultural symbol, offering solace to city dwellers. In 2024, the IP of the Monsters series, including Labubu, registered sales of RMB3.041 billion, skyrocketing by 726.6% year on year to become Pop Mart’s most commercially valuable IP.
23 Jul 2025
Faculty
Transitional Housing Occupancy is Uneven! Has Light Public Housing Become Applicants’ Top Choice?
Transitional Housing Occupancy is Uneven! Has Light Public Housing Become Applicants’ Top Choice?
Prof. Michael B. WONG
21 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
High inflation emerged as a top concern for the U.S. economy in early 2022. While the inflation has come down a great deal, as of 2025 Q2, it remains somewhat above the Federal Reserve’s (the Fed) 2 percent longer-run objective. While the FOMC has been carrying out policies aiming at bringing inflation back down to its 2% target over the long run, headwinds caused by the new administrative change and global events (e.g., Israel Iran Conflict) have introduced new uncertainties into economic outlooks and policy calibration. This article is to give a brief summary of the 2025 Q2 U.S. economic aspects and monetary policy dynamics.
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
After several rounds of back-and-forth and maximum pressure, Donald Trump’s One Big Beautiful Bill Act (OBBBA) was narrowly passed by both US Houses of Congress last week, making it possible for him to sign the Act into law on Independence Day as he intended.
9 Jul 2024
Faculty
Our Authors
Prof. Zhenhua MAO

Prof. Zhenhua MAO

Prof. Heiwai TANG

Prof. Heiwai TANG

Prof. Zhixi WAN

Prof. Zhixi WAN

Prof. Dawei WANG

Prof. Dawei WANG

Dr. Vera Wing-han YUEN

Dr. Vera Wing-han YUEN

Dr. Tingting FAN

Dr. Tingting FAN

Prof. Guojun HE

Prof. Guojun HE

Prof. Jayson Shi JIA

Prof. Jayson Shi JIA

Prof. Yulin FANG

Prof. Yulin FANG

Prof. Zhenhua MAO

Professor of Practice

In the Media
Mainland Chinese Firms’ Overseas Expansion Enters 2.0 Stage
12 Dec 2025
Hong Kong Rides the Momentum Seizing the Opportunities of the 15th Five-Year Plan
25 Nov 2025
HKU Business School 2024 China and Global Economic Forum: Domestic Demand Cannot Replace External Demand
6 Aug 2024
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
Mainland Chinese Firms’ Overseas Expansion Enters 2.0 Stage
12 Dec 2025
Building Harvard and MIT With Chinese Characteristics in Hong Kong
13 Nov 2025
Establishing Hong Kong as a Regional IP Trading Centre: Taking China’s IP to the World
22 Oct 2025
Prof. Zhixi WAN

Area Head of Innovation and Information Management

Professor

In the Media
‘Home-First’ Policy vs. Real-World Charging Needs: Hong Kong As a Global EV Showroom Series
10 Dec 2025
發展電商促進市場競爭　新零售可否打破壟斷？
1 Oct 2021
Prof. Dawei WANG

Assistant Professor

In the Media
Rethinking Education When AI Matches Human Creativity
10 Dec 2025
Dr. Vera Wing-han YUEN

Lecturer

In the Media
Ride-hailing regulation: is efficiency the key to smooth traffic?
9 Dec 2025
Anime IP Exhibition | Jobless Recovery
5 Oct 2025
Stablecoins in the Spotlight—Innovative Finance and Regulation
12 Aug 2025
Dr. Tingting FAN

Principal Lecturer

MBA GBA Programme Director

In the Media
MINISO’s Shift in Products: Self-owned IP to be the Future Battleground
3 Dec 2025
The Next Labubu: Can Pop Mart’s Star-Making Legend Sustain?
16 Oct 2025
From Labubu to Chiikawa: The Sustainability of IP Economy
20 Aug 2025
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
When Axes Meet the Balance Sheets: How the World is Revaluing the Forests
3 Dec 2025
When Interdependence Fades: How AI and Automation Are Recasting Global Trade
13 Nov 2025
Going Global Riding ESG Waves: Labubu’s Meteoric Rise
23 Jul 2025
Prof. Jayson Shi JIA

Associate Professor

In the Media
Is “bang-for-buck” the winning ticket for Chinese brands going abroad?
2 Dec 2025
港中深團隊調研：央視春晚顯著提升春節幸福感
7 Feb 2023
港中大（深圳）調查指虎年「就地過年」與「返鄉過年」同樣幸福
15 Feb 2022
Prof. Yulin FANG

Professor

Director, Institute of Digital Economy and Innovation

In the Media
Harnessing Web 3.0: Strengthening Hong Kong’s Status as a Global Financial Hub
27 Nov 2025
Resisting Skill Erosion: Harnessing AI for Personal Growth
8 Oct 2025
Van Gogh in the Chip: The Impact of Artificial Intelligence on Creative Processes and the Art Market
11 Jun 2025