The inaugural “Creativity, Innovation and Entrepreneurship in China” Summer Programme 2019, which took place in the Greater Bay Area of Mainland China from 23 June to 14 July, was successfully completed.

Aiming to gain a deeper understanding of economics, innovation and entrepreneurship in the Guangdong-Hong Kong-Macau Greater Bay Area and to explore future career opportunities, 29 participants from the Faculty of Business and Economics, HKU and other top universities in Australia, Canada, United Kingdom, United States and Mainland China participated in the CIEC programme held in Hong Kong, Macau and Guangdong Province. The programme was led by FBE faculty members Mr. Joseph Chan and Dr. Jing Li. Mr. Chan and Dr. Li are the Director and Co-director of the CIEC Programme respectively.

After the Opening Ceremony held in HKU on 24 June, the group took lectures presented by innovative companies: Microsoft, Idea Intellectual Ltd., Hong Kong Design Centre, and Under Production Ltd. They learned about smart city development in the Greater Bay Area, patent regulations, design thinking process and the current landscapes of social enterprises in Hong Kong. Besides, the students visited corporates and organisations including Cocoon, DHL Central Asia Hub, Hong Kong Exchange and Clearing Ltd., Hong Kong Science and Technology Park and The Mills.

The group continued their journey in Zhuhai, China on June 28, and visited several fast-growing local firms there. In a day trip to Macau on the next day, students visited the Sands China and learned about recent developments of Macau’s entertainment industry, followed by the lecture by Professor Glenn James McCartney from the University of Macau.

Their excursion also included exploring cities of Guangzhou, Huizhou and Shenzhen and visits to renowned companies including Alibaba, China Resources Group, Chow Tai Fook, E Fund, Huawei, Konka, Lee Kum Kee, LN Hotel and TusStar. Students took the opportunity to visit the Shenzhen Industrial Museum and the Museum of Contemporary Art & Planning Exhibition. They were also briefed by the representatives from Shenzhen Municipal Bureau of Culture, Sports and Tourism on the history and future development of the Greater Bay Area.

The three-week summer programme was concluded by the Business Innovation Competition, which aims to consolidate the experience and knowledge acquired from all the intensive lectures and corporate visits. Students in seven teams pitched their business solutions to the judging panel, and were presented prizes to recognise their creative ideas.

Details of the winning teams:

Champion

Dr. Derek Chan, Associate Dean (Undergraduate) (second from the left), Mr. Joseph Chan (first from the right) and Dr. Jing Li (first from the left) presented the Champion Award to the team.

Team members:

Mingrui Fan, McGill University, Undergraduate Year 3

Jingwen Fang, The University of Hong Kong, Undergraduate Year 1

Ka Hung Mok, The University of Hong Kong, Undergraduate Year 1

Ming Yan Wan, Australian National University, Undergraduate Year 1

Business Idea: Online food delivery platform with meals prepared by skillful elderly

1st Runner-up

Ms. Gloria Leung from Proactive Think Tank Ltd. (first from the right) together with Mr. Chan and Dr. Li presented to the 1st Runner-up team.

Team members:

Sum Ming Leung, The University of Hong Kong, Undergraduate Year 1

Yimeng Li, University of Toronto, Undergraduate Year 1

Chenrui Ma, The University of Hong Kong, Undergraduate Year 1

Zhangbowen Zhong, The University of British Columbia, Undergraduate Year 2

Chin Hei Zhou, The University of Hong Kong, Undergraduate Year 1

Business Idea: Entrepreneurship matching platform that introduces new employment and entrepreneurship opportunities to elderly

2nd Runner-up

Ms. Manna Chong from HKU iDendron (first from the right) together with Mr. Chan and Dr. Li presented to the 2nd Runner-up team.

Team Members:

Luana Yue Fen Choo, The University of Hong Kong, Undergraduate Year 2

Xinyu Wang, The University of Hong Kong, Undergraduate Year 1

Yu-Ting Betty Xiong, The University of British Columbia, Undergraduate Year 2

Yuli Zhang, Shanghai International Studies University

Business Idea: Online travel planning platform with AI tour guide that provides recommendations to travelers.

The Faculty would like to extend our gratitude to the following organisations and individuals for their support to the CIEC programme:

Comapny Visits (Company Name in Alphabetical Order)

Hong Kong

Antzknow

Cocoon

DHL Express

Hong Kong Design Centre

Hong Kong Exchange and Clearing Ltd.

Hong Kong Science & Technology Parks Corporation

Idea Intellectual Ltd.

iDendron

Leisure and Cultural Services Department, the Government of the HKSAR

Microsoft Hong Kong Ltd.

Planto

The Mills

Under Production Ltd.

Macau and Mainland China

Alibaba Entrepreneurs Fund

China Resources Group

China Resources Land Ltd.

China Resources Sanjiu Medical & Pharmaceutical Co., Ltd.

Chow Tai Fook Jewellery Co., Ltd.

Commerce Bureau of Shenzhen Municipality

E Fund Management Co., Ltd.

Goldpac Group Ltd.

Guangzhou LN International Hospitality Management Co., Ltd.

Huawei Technologies Co., Ltd.

Kimka Creative Valley

Konka Group

Lee Kum Kee Group

LKK Health Products Group

Proactive Think Tank Ltd.

Sands China Ltd.

Shenzhen Municipal Bureau of Culture, Sports, Tourism, Radio and Television

SocialFace

TusStar

Zhuhai Hengqin New Area Administrative Committee

Zhuhai Lcola Technology Co. Ltd.

Guest Lectures (Surname in Alphabetical Order)

Ms. Margaret Burke, Registered US Patent Attorney, Idea Intellectual Ltd.

Mr. Oliver Hou, Shenzhen Municipal Bureau of Culture, Sports, Tourism, Radio & Television

Mr. Yong He, Shenzhen Municipal Bureau of Culture, Sports, Tourism, Radio & Television

Dr. Edmund Lee, Executive Director, Hong Kong Design Centre

Professor Glenn James McCartney, Associate Dean (Curriculum & Teaching) and Associate Professor in Integrated Resort and Tourism Management, Faculty of Business Administration, University of Macau

Mr. Fred Sheu, National Technology Officer, Microsoft Hong Kong Ltd.

Ms. Cindy Suen, Co-founder and Director, Under Production Ltd.

Mr. Sam Yip, Registered US Patent Attorney, Idea Intellectual Ltd.

Themed ‘Professional and Social Conscious Leaders for our Shared Future’, the ACCA Hong Kong Business Competition 2019 was concluded on 26 January 2019. This year, our students not only garnered the most awards, but also swept top prizes and two Best Presenter Awards after rounds of competition.

In the final round of competition, student teams were required to present their business proposals of the chosen social enterprise to the panel of judges comprising finance leaders and social enterprise experts, on how to optimise the operations of the social enterprise on areas of catering, retail & direct sales, ecotourism or promotion of well-being.

The Faculty and its teams have won a total of 9 out of 13 awards in the competition. With students’ keen participation, FBE was named the Top Participating University again this year. While four teams of FBE students were awarded the 1st Runner-up, 2nd Runner-up, Merit, Best Presenter, Best Proposal, Best Budgeting, Digital Excellence, Team Excellence and the newly introduced prize ‘Future Leaders in the Eyes of Employers’.

Aiming at nurturing students with a blend of accounting and business knowledge alongside values of social responsibility, ACCA launched this annual competition since 2007. Students benefit from a board range of skills training workshops and coaching from the ACCA fellow members, to enhance their analytical, proposal writing and presentation skills.

Students feedback:

Eric KO Yiu Wa, one of the the Best Presenter Award winners, said, ‘This competition provides a great platform to work with a team and to learn how to present our ideas and thoughts effectively. I learned a lot from this experience and I am eager to take part in other future case competitions.’

The team which won the prizes of 1st Runner-up, Best Proposal and Team Excellence Award, reflected on their expereince, ‘In preparing the final presentation, we worked hard to refine our strategies on proposal writing and pitching our ideas. And we were impressed by many innovative ideas and useful analysis tools of other groups, and learned more about the accounting profession from our coach Joanna and other training workshops.’

Members of the student teams and the awards are:

1st Runner-up, Best Proposal and Team Excellence Award
LUI On Ni, BBA(Law) & LLB, Year 2
FUNG Adrian Ting Hin, BBA(Acc&Fin), Year 2
KO Yiu Wa, BEcon, Year 2
WONG Kit Long, BEcon, Year 2

2nd Runner-up and Digital Excellence Award
KIM Yeonwoo, BBA, Year 1
BYUN Jong Wook, BBA(IBGM), Year 1
JEONG Hyunji, BBA(IS), Year 1
KOH Hyun Jun, BBA(IBGM), Year 1

Best Budgeting, Future Leaders in the Eyes of Employers and Merit Award
CHUNG Chak Fung, BBA(Acc&Fin), Year 2
CHAN Shun Yan, BBA(Acc&Fin), Year 2
CHIK Woon Ting, BBA(Acc&Fin), Year 2

Best Presenter Award
CHAN Shun Yan, BBA(Acc&Fin), Year 2
KO Yiu Wa, BEcon, Year 2

Merit Award
WONG Ching Yin, BEcon&Fin, Year 2
CHAN Hoi Yan, BEcon&Fin, Year 2
LAI Hing Ping Rachel, BBA(Acc&Fin) , Year 2
TUNG Li Chen, BFin(AMPB), Year 2

Congratulations to CHAN Yui Hang Vincent, BBA(Acc&Fin), winning the Championship in the National Competition of EY's Young Tax Professional of the Year 2018. He outperformed competitors from other cities and represented Greater China in the International Competition in Europe. Before going to the national round, he has already claimed the First Prize and My Most Favourite Presenter Award in the local competition. While another BBA(Acc&Fin) student, HAO Yifeng Terence, took the Third Prize. 

Established in 2010, the EY’s Young Tax Professional of the Year is an international competition designed to identify young talent with an interest in tax, help them enhance their professional skills and develop their careers. The competition gives participants the opportunity to share experiences with people from a range of backgrounds and cultures, and exposes them to the skills required to be tomorrow’s tax leaders.

Vincent Chan winning the 1st Prize in both Local and National Competition in the EY's Young Tax Professional of the Year 2018.