港大經管學院領袖企業家講壇系列第三講 – 中國企業全球化之路

港大經管學院很榮幸邀請到TCL創始人、董事長李東生先生,於2024年11月27日蒞臨學院舉辦的「港大經管學院領袖企業家講壇系列」擔任主講嘉賓。面對全球政治經濟格局加速重塑,貿易保護主義思潮泛起,逆全球化趨勢不斷增強的宏觀趨勢,李先生與港大經管學院經濟學實務教授毛振華教授共同探討TCL在全球化歷程中的經驗與教訓,分享對當前全球化形勢的深刻見解,並展望中國企業在未來全球化發展的方向,為同學及其他與會者帶來一次難得的學習與交流機會。

 演講伊始,李先生深入分析了經濟全球化的現狀及未來。他指出,儘管全球化不斷創造經濟福利與收益,但也帶來區域發展失衡的問題:發展中國家長期被鎖定在產業鏈低端環節,而發達國家則面臨製造業空心化的困境,雙方均未能從全球化中充分獲益。在他看來,隨著大國博弈和地緣政治等因素的影響,全球產業鏈和貿易模式將逐漸趨向本土化及區域化;與此同時,全球貿易規則或將被區域化規則取代,如:《美墨加協定》和《跨太平洋夥伴關係協定》等。

其後,李先生分享了TCL在過去20多年全球化發展的寶貴經驗。目前,TCL已建構了全球的產業鏈和供應鏈網絡,佈局智慧終端、半導體顯示器和新能源光伏三大產業,擁有46個研發中心、38個製造基地、業務遍佈160多個國家和地區,累計申請超過11萬項專利。全球化對TCL從消費性電子類企業轉型升級為全球化的科技製造產業集團具有深遠的戰略意義,其中包括:

  • 前瞻性構建全球製造網絡:從容應對當前全球地緣政治和經濟格局的劇烈變化
  • 培育企業新的成長曲線:通過企業產業升級,從消費電子企業成功轉型為科技製造產業集團,並在全球高端製造市場競爭中構建核心優勢
  • 堅定自主創新:加大研發投入,提升產品競爭力,以領先科技推動全球化進程
  • 培育具有國際視野的管理團隊:打造全球化的經營組織,為企業發展提供持續動力

在講座的最後一部分,李先生結合當前逆全球化和市場需求疲弱的背景,提出中國企業在新形勢下要改變發展策略才能突圍而出。他建議企業:

  1. 從傳統的輸出產品轉變為輸出工業能力,積極推動海外本土化建設,與海外當地共建工業能力
  2. 透過技術創新和產業升級,生產更多高附加值的產品,構建品牌影響力,邁向全球產業鏈和價值鏈的中高端
  3. 由兼併收購轉為注重海外市場的自主成長,以技術創新及產品結構升級為核心,提升企業在全球市場的競爭優勢

在問答環節,李先生也和與會者分享了他對企業家精神、當前全球化面臨的挑戰與機遇,以及中國企業未來全球化的發展方向等話題的看法。李先生的分享不僅為與會者帶來豐富的實踐經驗與案例,也為中國企業如何在全球化新格局中探索新的突破之道提供了啟示。

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Faculty Teaching Award Scheme 2023-24

Delivering quality education to nurture future leaders is an integral part of the Faculty’s mission. Every year, the Faculty recognises teachers with outstanding achievements and significant contributions in teaching and student learning through the Faculty Teaching Award Scheme. The award-winners for the academic year 2023-24 are:

Faculty Outstanding Teacher Award (Undergraduate Teaching)


Professor Jiang BIAN
Assistant Professor

“I am deeply honored to receive the Faculty Outstanding Teaching Award (Undergraduate Teaching) this year. Teaching has been a driving passion in my career, where I strive to create a learner-centered environment that encourages students to engage actively and think critically. Through interactive discussions, case analyses, and engagement with industry practitioners, I aim to empower students to tackle complex real-world challenges and make meaningful impact in their fields. This award reflects the shared efforts and collaborative spirits of my students, colleagues, and mentors, from whom I continue to draw inspiration. I am grateful and excited to keep growing as both an educator and a lifelong learner.”

 

Wing Tung LAM
Professor Wing Tung LAM
Assistant Professor

“I am honored to receive the Faculty Outstanding Teacher Award.  I believe everyone should gain from a course, despite differences in preparation and learning profiles.  I redesigned the compulsory course Intermediate Microeconomics to help students connect mathematics, diagrams, and economic intuition, and gradually familiarize with mathematical models. I teach with rigor while scaffolding in various ways. I modify many question formats to reduce the computation burden significantly.  I revamp the assessments so that students can demonstrate their knowledge through a verbal explanation, an informative diagram or a mathematical argument. I continuously take note of the common obstacles and improve my teaching materials accordingly.”

 

Prof. Feng TIAN
Professor Feng TIAN
Assistant Professor

“I am deeply honored to receive this award. By creating a student-centered learning environment and combining case studies with real-world applications, I aim to help students acquire the tools they need to master. The encouragement and feedback from my students have been invaluable in refining my approach and reaffirming the value of a relaxed yet engaging teaching style.

Patience and a supportive atmosphere remain central to my teaching philosophy. This award is a testament to the collective contributions of my students, teaching assistants, and colleagues, who inspire me every day. I am excited to continue improving students’ learning experiences and supporting their growth.”

 


Professor Mengzhou ZHUANG
Assistant Professor

“I am deeply honored to receive the Faculty Outstanding Teaching Award at the undergraduate level. My teaching philosophy was built around connecting complex marketing concepts with real-life examples that students encounter daily, making learning both relatable and impactful. I also emphasize hands-on learning by all kinds of in-class interactive activities, such as storytelling and live experiments, allowing students to experience and understand marketing in person. Additionally, I believe in the power of effective communication and providing timely feedback to support and guide students throughout their academic journey. This award inspires me to continue enhancing my methods and fostering an engaging and supportive learning environment.”

 

Faculty Outstanding Teacher Award (Postgraduate Teaching) – for MSc programmes

Dr. Alex CHAN
Professor Alex CHAN
Associate Professor of Teaching

“Postgraduate students typically come from diverse educational backgrounds and possess substantial work experience. Each student has unique strengths, needs, and career aspirations. I strive to recognize and understand each student’s learning progress and needs. A thorough understanding of students is essential for a teacher to provide personalized support and encouragement, enhancing their learning interests and commitment. Building relationships with students based on mutual respect and trust is the foundation for creating an effective teaching and learning environment. This approach guides students through a rewarding learning journey, helping them achieve their career goals.”

 

Michael C.L. CHAU
Professor Michael CHAU
Professor

“It is my great honor to receive the Faculty Outstanding Teaching Award this year. Teaching is an important part of my academic career. I enjoy teaching and seeing students grow in their knowledge and maturity, and become successful in their career and life. I am fortunate to have the opportunity to teach and interact with thousands of high-quality students at the University of Hong Kong over the years and I have learned and gained a lot myself along the journey.”

 

Jinzhao Du
Professor Jinzhao DU
Assistant Professor

“As both a researcher and an educator, I aim to bridge the gap between academic research and practical application by making the latest knowledge readily accessible to students. I constantly update my teaching materials to incorporate the most up-to-date academic research. In addition, I provide students with current examples, relevant case studies, and actual data for analysis to facilitate knowledge internalization. This approach greatly enhances students’ involvement, which is a key determinant of my course’s success. By guiding students to explore and discover knowledge, I achieve significantly better learning outcomes than by merely allowing them to passively absorb information.”

 


Professor Rujiing MENG
Associate Professor of Teaching

“I love teaching and cherish the opportunity to interact with our talented students. As to teaching philosophy, I deeply believe in the importance of teachers’ passion in teaching and adopt student-centered approach to course and programme design in helping students achieve meaningful learning outcomes.

I am glad to make a difference in students’ learning. A student commented, “Professor Meng’s course was very interesting, who gave a lot of examples to help us understand. And in the process, this course has expanded my international perspective and inspired me to give speeches on stage. I really like Prof Meng!” I will strive to continue making a positive impact on the students’ learning and life.”

 

Faculty Teaching Award Scheme 2022-23
Professor Christina NG
Associate Professor of Teaching

“I am honoured to receive the Faculty Outstanding Teacher Award (Postgraduate Teaching), after receiving the accolade last year for the Undergraduate Teaching.  I am grateful that my dedications are recognized not only by the Faculty and undergraduates, but also my postgraduate students with diverse academic and cultural backgrounds, job aspirations and work experiences.

It has been my privilege to teach and share my experience with my students for almost three decades, who are from the top accounting and business programmes in Hong Kong.  I am always eager to share my knowledge and insights with my students, who will be our business leaders in the future, and empower them with up-to-date knowledge and practical skills.

It has always been rewarding and motivating to inspire and witness my students to grow and succeed in the accounting, legal and business fields.  I will adhere to my teaching philosophy and keep up with my momentum to deliver quality teachings.”

 

Faculty Outstanding Teacher Award (Postgraduate Teaching) – for MBA Hong Kong programme

Weiming ZHU
Professor Weiming ZHU
Associate Professor

“My approach to teaching is emphasize critical thinking through discussing latest practices and up-to-date knowledge in an interactive learning environment. When designing the MBA course “Business Analytics for Managers,” I recognize that balancing essential data concepts with practical relevance is key, as most students are managers who won’t be coding daily but need to understand data analytics’ objectives and power. Therefore, each class begins with a real-world business problem, such as designing mobile games with A/B testing or predicting wine auction prices. I also use examples from media and reports to underscore the importance and common errors of data analysis. Additionally, I leveraged the university’s free access to GPT-3.5 and taught students how to “program with English.” I introduced how to use prompts effectively to generate usable code without uploading data. This empowers students to combine business acumen with advanced data analytics techniques to make better decisions.”

 

Faculty Outstanding Teacher Award (Postgraduate Teaching) – for GBA (HK-SZ) MBA programme

Jeffrey Ng
Professor Jeffrey NG
Professor

“It is my great honour to receive that Faculty Outstanding Teacher Award (Postgraduate Teaching). The award will spur me to work harder to become an even better teacher. I attribute my success to my longstanding efforts to continually improve my courses. In my teaching, I focus on delivering edutainment. I believe that my students learn best if I teach in ways that help them develop their own potential and learning style, as well capture the attention and stimulate their learning interest. I look forward to continuously improving my educational techniques to educate future generations of students and in the process, win more teaching awards.”

 

Faculty Outstanding Teacher Award (Postgraduate Teaching) – for EMBA programme

Haipeng Shen
Professor Haipeng SHEN
Patrick S C Poon Professor in Analytics and Innovation
Chair of Business Analytics and Innovation

“The opportunity to teach, to me, is a blessing, an opportunity, and a gift. I cannot thank my PhD advisor – Professor Larry Brown – enough for opening the door for me twenty-six years ago. I cannot thank my students enough for making teaching so enjoyable and rewarding for me. There are three principles that I follow dearly in teaching: enjoyment and passion, relevance and application, communication and interaction. Try to impress upon the students your enjoyment and passion about the subject, with enthusiastic attitude, humorous lectures, and active body language. In return, your students will become more active and engaged. Give a man a fish, and you feed him for a day; teach a man to fish, and you feed him for a lifetime. Make your lectures more relevant and illustrate how to connect with applications. In return, your students will teach you with their real world cases. Everything is about story telling. There are a story teller, a group of story listeners, and the story. Be communicative, be interactive, be humorous, tell a good story!”

 

Faculty Outstanding Teacher Award (Postgraduate Teaching) – for IMBA programme


Professor Xu LI
Associate Professor

“I am honored to receive the Faculty Outstanding Teacher Award of the IMBA programme. The award suggests that students agree and support my teaching philosophy. I believe that teaching is not only a form of transferring knowledge, but also an opportunity to cultivate students’ self-learning interests and ability. While any given teaching can be a one-time assignment for a teacher, learning is a life-long journey for students. For such a journey, teaching is not the ending, but the beginning of every crucial turn and advancement; therefore, as a teacher, I’d love to help students navigate their journey to the success.”

 

Faculty Teaching Innovation Award


Professor Bonnie Hayden CHENG
Associate Professor

“Empowering future leaders through education is a privilege. I continuously adapt my teaching to cultivate a dynamic classroom environment that engages and inspires students with diverse learning preferences. My approach to teaching is designed to foster students’ critical thinking and problem-solving while equipping them with the necessary skills to thrive in a rapidly changing global environment. By immersing in innovative methods, students are better equipped to confront real-world challenges, build resilience, and nurture a lifelong love of learning. I am deeply grateful to receive this prestigious award.”

 


Professor Shan HUANG
Assistant Professor

“It’s my great honor to receive this reward. It has been my aspiration that my teaching will make a significant contribution to my students’ growth, thereby facilitating their future career paths. I believe that teaching innovation is epitomized by providing students with unique learning content that encompasses rare and invaluable knowledge. Such knowledge should have direct applicability to their future academic and professional endeavors, thus conferring upon them a competitive advantage. Moreover, teaching innovation involves the utilization of novel methodologies, including cutting-edge technologies and practical insights, to furnish students with a seamless integration of theoretical knowledge and practical experience. In summary, my goal in teaching is to provide students with a comprehensive learning experience that enables them to become creative individuals capable of solving novel problems.”

 

Professor Wen ZHOU
Associate Professor

“To allow students to experience the dynamics in economics and game theory, I adopt the interactive game approach by integrating a simulation platform into my course. During my lectures, I conduct approximately 15 to 20 live game sessions, where a student’s payoff typically depends not only on their own choices but also on the choices made by all other players in the group, mirroring real-life scenarios. Although each session is very short, lasting only two or three minutes, the games provide a valuable opportunity for students to experience firsthand the need to accommodate diverse interests while pursuing personal gains. They also appreciate the refreshing break from the usual mode of lecturing and discussion.

The choices made by players reveal a rich array of human characteristics: greed, arrogance, cheating, as well as fairness, generosity, and pragmatism. Many students remark that the most significant lesson they learn is the importance of cooperation for effective strategy. I believe this lesson will not only make them better managers in the future but also more empathetic and caring individuals.”

More Faculty Awards

 

Faculty Outstanding Researcher Award 2023-24

Prof Guojun_v2

Professor Guojun He
Professor

 

Faculty Knowledge Exchange Award (2024)

Professor Dragon Yongjun Tang
Professor

 

Research Output Prize (2023)

金管局數碼港元場景測試 港大學者料多用於代幣化資產及跨境支付

Professor Yang You
Assistant Professor

 

 

 

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Connect and Grow: Students Embark on HKU Business School Mentorship Programme 2024-25

The Inauguration Ceremony of the HKU Business School Mentorship 2024-25 Programme was successfully held on 5th November 2024 at Loke Yew Hall. This year, nearly 80 pairs of mentors and mentees have been matched. Moreover, mentors and mentees from the Executive Mentorship Programme (EMP) hosted by the Bachelor of Science in Quantitative Finance Programme were also invited to the ceremony to commence their journey together.

Professor Hongbin Cai, the Dean of HKU Business School, initiated the event with a welcoming address to our mentors and mentees. He expressed appreciation to mentors for their dedicated support to the Faculty over the years and affirmed that the encouragement and guidance from mentors would inspire mentees with fresh perspectives, empower them to realize their full potential and lead them towards success. Since the programme’s inception in 2014, it has nurtured and inspired over 600 students, instilling in them the values of leadership, growth, and perseverance. The success and steady expansion of the programme relies on the unwavering commitment and selfless dedication of all members, particularly batches of professional industry mentors who pass on their wisdom and serve as companions to their assigned mentees.

During the inauguration ceremony, two esteemed long-serving mentors, Mr. Teddy Liu and Mr. Vincent Tam, shared their past experiences serving as mentors for the Programme, both relishing the rewarding experience of transforming a professional connection into a lifelong friendship with their assigned mentees. Vincent has also teamed up with two of his former mentees – Ms. Bona Tsui and Ms. Jamie Leung. Through their testimonials, they emphasized how a strong mentoring relationship can significantly impact one’s personal and professional development.

This year, our School also recognized mentors* who have supported the HKU Business School Mentorship Programme for over a decade. During the ceremony, Professor Hongbin Cai presented each of these mentors with a Certificate of Appreciation to acknowledge their contributions to the Business School mentorship community.

Mentors with Service for 10+ years

(In alphabetical order of surnames)

  1. Mr. Francis Cheng
  2. Mr. Barry Ho
  3. Mr. Tim Koo
  4. Dr. Kate Kwan
  5. Dr. Michael Leung, MH
  6. Mr. Teddy Liu
  7. Mr. Vincent Tam
  8. Mr. Alvin Tse
  9. Mr. Eric Yu
  10. Ms. Minmin Zhan

As the youngest and most dynamic faculty member at the university, the HKU Business School has made remarkable progress in enhancing our academic and research excellence. The Faculty’s achievements reflect a commitment to excellence and long-term development, including the nurturing of young talent for the future by connecting them to the real business world. We firmly believe that the Mentorship Programme plays a crucial role in shaping the younger generation’s future, providing invaluable opportunities for students to broaden their horizons and develop essential skills.”

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The Third KPMG ESG Case Study Competition

We are thrilled to announce that our students have won the Third Prize in The Third KPMG ESG Case Study Competition.

The competition, jointly organised by HKU Jockey Club Enterprise Sustainability Global Research Institute, KPMG China, and Renmin University, aims to enhance students’ ability to analyse ESG business cases, foster a meaningful dialogue among students, businesses, and society, and pave the way for sustainable development.

From the pool of 1,700 entries, our students have stood out by demonstrating their strong awareness in ESG issues, exceptional presentation and analytical skill. Kudos to our students for winning the Third Prize in the competition!

 

Find out more about the competition: https://hkujcesgri.hku.hk/event/the-third-kpmg-esg-case-competition/

 

Third Prize

Team Name: EcoSaGe

Team Members:
Mr. Leung Chun Man Edmond, BSc(QFin), Year 1
Mr. Ho Man Chung, BEng, Year 1
Mr. He Yujie, BEng(EngSc), Year 1

 

Student Sharing:

This journey has been a tremendous learning experience. I have gained invaluable insights into ESG disclosure and reporting, potential technologies for ESG monitoring, circular economy practices, and global supply chain strategies in an era marked by geopolitical tensions. With two of my teammates from non-business backgrounds, this achievement is a testament to the power of pushing boundaries and embracing interdisciplinary collaboration. I believe that diverse perspectives are crucial in addressing complex challenges like ESG, and this experience has reinforced my commitment to driving sustainable and responsible business practices.

(by Mr. Leung Chun Man Edmond)

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Thammasat Undergraduate Business Challenge 2024

Congratulations to our student team for winning 1st Runner-up in Thammasat Undergraduate Business Challenge 2024!

Thammasat Undergraduate Business Challenge is an international undergraduate case competition hosted annually by Thammasat Business School in Bangkok, Thailand. The competition brings together top undergraduate student teams from leading business schools around the world for an intensive competition with invaluable networking opportunities.

The competition consists of two rounds. Teams were asked to analyse a real-life business case and formulate a strategic solution within a tight timeframe of 28 hours, then present their solution to the panel of judges.

Our students showcased their ability to tackle complex business challenge and their exceptional presentation skills. We are proud of their hard work, dedication, and high standards they set for themselves. Please join us in congratulating them on this remarkable achievement.

 

More about the competition: https://tubc.page/tubc.html

 

1st Runner-up
Miss Cheung Lok Ching, BBA(IBGM), Year 2
Mr. Sy Mateo Rafael Roman, BBA(IBGM), Year 2
Mr. Xia Yunchu, BBA(IBGM), Year 2
Mr. Xu Shu Ming Alex, BBA(IBGM), Year 2

Faculty Advisor:
Prof. Doyeon Kim

Case Competition Coach:
Ms. Pinto Rasika Tasdyata (Pipin)

 

Student Sharing:

The 5-day TUBC journey has been nothing short of extraordinary. Participating in such a prestigious international case competition was already an honour, and securing the 1st Runner-up position has made it even more memorable. When we first received the technically challenging case focusing on sustainability concepts, I remember feeling overwhelmed by its complexity and specificity. However, the intense 28-hour case preparation, though demanding, proved that dedication and perseverance truly paid off.

What made this experience particularly unique was the opportunity to compete against brilliant minds from top universities worldwide. The level of competition pushed us to exceed our own expectations and deliver our absolute best.

I want to express my deepest gratitude to HKU Business School for this invaluable opportunity. Standing on an international stage and representing our university has undoubtedly become one of the highlights of my college journey. This achievement wouldn’t have been possible without the unwavering support, guidance, and encouragement from everyone involved – Prof. Winnie Leung (Assistant Dean (Undergraduate)), Ms. Pipin Tasdyata (Case Competition Coach), Prof. Doyeon Kim (Faculty Advisor for TUBC2024), and my teammates. Thank you all for being part of this remarkable journey!

(by Miss Cheung Lok Ching, Joey)

 

As the team leader of Vinco Consulting, I was thrilled that we were given the opportunity to compete at the international level, representing HKU. Being my first International Case Competition, I was initially shocked by the scale of the event but was quickly intrigued by the number of people from different universities and the in-depth planning of the event itself. In the end, I am proud that as one of the youngest teams at the competition, my team was still able to perform and come out as 1st Runner-up.

(by Mr. Sy Mateo Rafael Roman)

 

Participating in the Thammasat Undergraduate Business Challenge 2024 was an enlightening experience that I had the honour to share with my fellow HKU Business School team members. Competing in a 28-hour case competition centred around Krungsri provided an intensive platform to apply our strategic skills, resulting in our team securing the 1st Runner-up position.

Our journey began with three rigorous training sessions that equipped us to tackle the complexities of the challenge effectively. The competition itself was a testament to our team’s resilience and collaborative spirit, as we worked tirelessly to devise innovative solutions for Krungsri.

Aside from the competition, we immersed ourselves in the rich culture of Bangkok. We delved into local culinary delights, tried our hand at Muay Thai, and enjoyed the relaxation of a traditional Thai massage. These experiences enriched our visit, providing a perfect balance between intense competition and cultural appreciation.

I extend my deepest gratitude to Thammasat Business School for organising such a prestigious event and to our hosts for their warm hospitality. Special thanks to HKU Business School for offering us this invaluable opportunity. The lessons learned and the friendships forged during this journey are experiences I will cherish.

(by Mr. Xia Yunchu, Kevin)

 

The competition was exceptionally well-organised, allowing me to engage with a truly international group of participants. I formed meaningful connections with diverse individuals, which provided me with unique insights and broadened my global perspective.

(by Mr. Xu Shu Ming Alex)

 

 

 

 

 

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港大經管學院領袖企業家講壇系列第二講 – 走進世界,奔向未來

港大經管學院很榮幸邀請到上海德龍鋼鐵集團有限公司董事長丁立國先生,參與學院於2024年11月6日舉辦的「港大經管學院領袖企業家講壇系列,並擔任主題演講嘉賓。丁先生以中國鋼鐵行業為基礎,與港大經管學院經濟學實務教授毛振華教授深入討論創業的心路歷程及出海的成功經驗,為與會者帶來寶貴的學習機會。

丁先生首先分享了創立德龍鋼鐵集團的經驗,闡述中國鋼鐵行業是最具國際競爭力的產業之一,具備「走出去」的優勢和實力。德龍鋼鐵集團經過30多年的發展,目前年產能規模高達3500萬噸、生產1000多個品種的產品,並獲得超過1000項授權專利。

然而,「出海」的道路並非繁花似錦。丁先生表示到印尼發展的過程面臨六大挑戰,包括項目融資、建設條件、員工培訓挑戰、文化差異、新冠疫情及頻繁的地震。幸好獲得各方支持,德龍歷經六年多的艱苦奮鬥,使印尼德信項目在發展區域經濟、滿足鋼材需求、帶動當地就業、促進文化融合、履行社會責任等方面發揮了重要作用。該項目更令德龍的印尼項目德信集團成為中國在海外投資建設規模最大的單體鋼鐵企業,引領印尼鋼鐵市場的規範發展,實現「買全球、賣全球」,成為共建「一帶一路」的鋼鐵明珠。

其後,丁先生寄語會眾:成功的路不會一帆風順。他強調在面對困難時應保持苦中作樂,以苦為樂的心態,並謹記企業家精神是企業的底座。在「走出去」的道路上,各位也要對新事物保持好奇心,還要守一不移,敢於嘗試和實踐。正因為「走進世界、奔向未來」的夢想與執著,他成功把德龍打造成一家跨企業、跨區域及跨國界的大型綜合企業集團。他表示,集團將於未來因地制宜發展新質生產力,加快科技創新、數字賦能、綠色鋼鐵和低碳循環經濟發展,致力打造精品化、數智化、綠色化、國際化的鋼鐵集團。

進入最後一部分,丁先生以《史記》的一句話作結:「順境的時候不妄自狂喜,逆境的時候不惶恐氣餒,安穩的時候不驕奢淫逸,危機的時候不恐懼害怕」,寄語會眾應擁抱大時代、培育國際視野,才不負韶華。

本次講壇涵蓋企業家精神、企業「出海」、及在大時代創業等話題,為與會者帶來豐富的思想洞見。我們相信丁先生的分享定能鼓勵更多企業「走進世界」,奔向輝煌未來。

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Professor Shuqing Luo Being Awarded the Case Awards 2024 Strategy and General Management trophy

Prof. Shuqing Luo and her co-author Prof. Guoli Chen won the Case Centre Awards and Competitions 2024 – Strategy and General Management category for their outstanding case “SHEIN vs Zara: Digital Transformation in the Fast-fashion Industry”. The case highlights how the Chinese apparel maker SHEIN has disrupted the fast-fashion industry, and explores how it can leverage its strengths while addressing challenges such as geopolitical risk and environmental impact.

The Asia Case Research Centre (“ACRC”) of HKU Business School is committed to the advancement of learning and teaching in business education and strives to promote leading management thinking through research on the latest practices in the Asia Pacific business environment.

As a major producer of quality business cases, ACRC boasts a repository of nearly 800 business case studies drawn from a vast range of industries and disciplinary areas, written mostly by HKU faculty members. Its cases are distributed globally through its own website as well as those of Harvard Business School Publishing, Ivey Publishing and The Case Centre.

Additionally, ACRC is the organiser of the world’s largest business case competition for undergraduates—the HSBC/HKU Asia Pacific Business Case Competition—providing some of the brightest minds of tomorrow with the skills to make valuable contributions to the global economy.

Congratulations to Prof. Shuqing Luo on this remarkable achievement!

About this winning case: https://www.thecasecentre.org/caseSpotlight/2024/SHEINvsZara

ACRC’s website: https://www.acrc.hku.hk/

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AMPB Alumni Homecoming 2024: A Celebration of Connections and Achievements

On September 13th, 2024, The University of Hong Kong played host to the highly anticipated AMPB Alumni Homecoming Party, bringing together an exceptional group of individuals from the Asset Management and Private Banking (AMPB) programme. With over 70 guests in attendance—including industry practitioners who have served as our adjunct professors, guest mentors and guest speakers, our AMPB alumni and faculty members.  The event was a vibrant celebration of professional achievements and enduring relationships.

The evening commenced with a warm and inspiring welcoming message by Prof. Anna Wong, Programme Director for Asset Management and Private Banking and Mr. Joseph H. L. Chan, JP, Under Secretary for Financial Services and the Treasury of the Hong Kong SAR Government.  Professor Wong highlighted AMPB’s inauguration ceremony was held in the same function room exactly 7 years ago.  Both speakers reflected on the immense growth of the AMPB community over the years, highlighting the programme’s pivotal role in shaping leaders for the ever-evolving financial landscape.

A key part of the event was the alumni sharing session, where graduates from various cohorts spoke about their career journeys, successes, and challenges. Each of them were asked to use one word to express their feelings about the AMPB programme, three words from them were “unexpected”, “grateful” and “transformative”.

The energy of the evening was further amplified by mini games designed to foster interaction among the participants, adding a fun and playful element to the occasion.

The event concluded with a mingling session between the alumni and guests.  The AMPB Alumni Homecoming 2024 was more than just a reunion; it was a celebration of the thriving community that continues to support one another in their personal and professional endeavors.

We look forward to seeing these connections continue to grow and strengthen, paving the way for future collaborations and successes within the AMPB community.

 

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新大航海時代,如何掌舵?| 香港大學經管學院全球CEO論壇

港大全球CEO課程二期班揚帆開課

所有偉大的征途都離不開精准前瞻的判斷,在古代大航海時代,航海家的判斷基于日月風雲、星圖羅盤,而在當今商業世界,企業領軍者的判斷有賴于滲透空氣的全球化資訊、抽絲剝繭的智者分析、發人深省的觀點交鋒。

“這場論壇節奏非常緊凑,沒有假大空。”“他們的觀點很不一樣,不一樣才有碰撞。”“這就是我們來香港真正想聽到的。”這些是首届香港大學經管學院全球CEO論壇後學員們最集中的反饋。此次論壇于10月18日在香港大學舉行,恰逢港大全球CEO課程二期班開課,彙聚了首期班與二期班全體學員。6小時的巔峰論壇集結16位頂級政商學界大咖,縱論古今,放眼全球。諸位學者嘉賓不懼觀點衝突,真實表達,爲企業家們呈現了一場真正的思想激蕩。

 

聽到不一樣的聲音,是一切的起點

蔡洪濱
港大經管學院院長、中國經濟研究所所長
經濟學講座教授

港大經管學院院長蔡洪濱教授以陸佑堂的歷史底蘊爲論壇拉開序幕。陸佑堂是香港大學最具象徵意義的禮堂之一,孫中山先生曾在這裏發表著名演說,激勵了一代代港大學子,而禮堂的名字是爲了紀念著名華人企業家、香港大學重要捐贈者,陸佑。

蔡洪濱教授將大家的思緒帶回十九世紀中葉,貧困的廣東少年陸佑離鄉背井,飄搖南洋,憑藉聰明才智和勤奮毅力,步步進階馬來西亞的錫礦大王、橡膠大王,最終成爲南洋最著名的企業家之一。他慷慨捐贈,反哺祖國,爲華人社會貢獻了巨大物質與精神能量。相比那個時代,如今的全球化趨勢使得許多過去幾十年才能積累的資源唾手可得,如果說陸佑當年是被迫出海,那現如今,出海已經成爲企業家們的積極選擇。

蔡洪濱院長强調,陸佑堂的存在,不僅是對陸佑個人成就的紀念,更是對所有華人企業家在全球化進程中不畏艱難、勇于探索的精神的肯定。它提醒我們,無論身處何地,面臨怎樣的挑戰,都應保持那份初心和勇氣,追尋自己的夢想。

 

王于漸
香港大學首席副校長、經濟學講座教授
黃乾亨黃英豪基金教授(政治經濟學)

王于漸教授爲同學們分享了《香港經濟轉型歷史》,從歷史脉絡中描摹出一段幾乎被人遺忘的香港歷史,幫助大家更深刻地理解香港文化及精神內核。這一場歷史溯源從1842年之前講起,將香港發展分爲五個階段。其中第三階段(1945-1970年),香港發揮人口優勢、利用國際市場,大力發展製造業,打造成“亞洲四小龍”之一。

王于漸教授指出,香港因爲英國殖民遺留,采用普通法,這對發展金融服務業有天然優勢,可以有效限制企業內部人士、國家、政府官員和政客對投資者徵用的程度,使得私有財産得到比較牢固的保護,尤其有利于知識産權的保護。

在全球化浪潮中,香港面臨諸多挑戰,其中最主要的問題是土地和人口。打造香港的人才庫是香港所有其他對外發展中最主要的一點,這爲有志于出海、走向國際化的內地企業家們打開了機遇之門。

陳志武
金融學講座教授、鄭裕彤基金教授(金融學)
香港大學量化歷史研究所所長、香港人文社會研究所所長
香港大學校董會成員

陳志武教授亦從歷史切入,回顧兩次讓香港獲益的古代大航海,其一是鮮爲人知的唐初至明初期間阿拉伯和波斯商人來華,帶動了香港的早期發展;其二是歐洲文化來華,帶動對外貿易。而如今的新大航海時代,中華文化、中國商人終于也能走出,促進商業發展。

陳志武教授重點分析了最近的經濟刺激政策,認爲當下的困境與2008年經濟危機不同,相應地,政策如想達到接近當年的救市效果,還需要更大的力度,更多元維度的考量,維護好消費者和投資者的信心,尤其是民營企業家的信心,國內加入經濟內循環行列。如此,中國經濟的未來發展將在新的大航海時代繼續騰飛。

陳啓宗
恒隆地産榮譽董事長

陳啓宗先生爲出海“敲響警鐘”,話鋒犀利,直言內地企業家缺乏出海經驗,對中美關係認知不足,風險評估不够。早在二十年前,他便預言在中國真正成功的不是海歸,而是本土企業家。十年前,他建議馬雲將阿裏巴巴帶回香港上市,這些在當時看來讓許多人費解的觀點正逐一被現實佐證。他大方分享自己家族的投資經歷,也曾試錯,也曾放手,最終才有了今天的全球布局。

陳啓宗先生認爲內地企業家正面臨兩難,“出去也不是,不出去也不是”。但至少,出海的前提應是足够瞭解海外政治經濟、市場、風險,主動出擊,而非迫于市場環境進行選擇。世界正發生巨變,俄烏戰爭導致石油政治、結構性通貨膨脹等問題,其中蘊含未來真正的風險和機遇。

 

圓桌對話:出海,還是不出海

圓桌環節主持人王峰先生直擊重點,問出了很多同學關心的市場問題。嘉賓們從各自角度觀察9月底到現在的市場反應,幷提出對明年的經濟展望和對企業出海的建議。

李彤
中銀香港(控股)有限公司副總裁

李彤女士認爲,中國近期政策傳遞出較强的穩健和擴張的積極信號。

關于國家對于地方債化解的舉措,李彤女士持積極樂觀態度。和其他另外兩位嘉賓觀點不同,出海方面,她表示,東南亞與中國互爲最大貿易夥伴,中國與東南亞地緣相近,經濟相互依存度高,東南亞是中國企業出海的首選地。

孟羽
香港中國金融協會主席

孟羽主席認爲,中央高層重視幷直接面對經濟問題,作爲銀行從業者,在最近股市表現中能够感受到政策的根本性變化。他指出,化解當前通貨緊縮風險的核心是有效解决房地産問題。對于需求端的刺激,他更傾向于進行稅收結構調整而非購物券發放。

基于美元降息步伐,孟羽主席對明年的經濟形勢,持謹慎樂觀態度。他强調中資企業出海是趨勢,建議將國際總部設在香港作爲出海的橋頭堡。但每個企業需明確出海目的,根據自身情况决定是否出海。

邢自强
摩根士丹利中國首席經濟學家董事總經理

邢自强先生指出,當前的經濟决策框架是走出通縮,而非短期托個底。需要千鈞之力,不能半途而廢。

當前已經出爐了第一輪政策組合,但力度上不足以完全擺脫通縮。第二輪更有力的刺激與改革組合拳,更值得期待。

决策層已認識到通縮嚴重性,但關于應對力度、發力方向,仍存在一定的思維定勢。當前政策在試錯中逐步推出。但未來,社會感知指數的變化,叠加外部環境風險,或有助于凝聚共識,推動更大力度和更精准的政策,他建議實施“新三大工程”,即充實社保福利,鼓勵生育上升至國策和中央幫助房地産收儲改爲保障房。

 

心系全球,中國企業新格局

本次論壇下午場暨第四届香港大學中國經濟季度論壇,由港大經管學院和香港大學中國經濟研究所共同主辦,持續輸出獨到見解與觀點交鋒。

劉會平
香港貿易發展局副總裁

劉會平先生爲大家簡單介紹了香港貿易發展局的構成及主要業務。香港背靠祖國、連通世界,面對當前的地緣政治變局和經濟挑戰,劉會平先生用“6個D”分享了新機遇和新方向:Diversification(多元化)、Digitalization(數字化)、Domestic(內銷市場)、Deal Making(促成交易)、Design & Disruptive(設計與顛覆性創新)、De-carbonalization/ESG(碳中和與環境、社會和公司治理)。

毛振華
港大經管學院實務教授
中誠信國際首席經濟學家

毛振華教授堅定鼓勵中國企業加入出海熱潮,“中國企業正在進行波瀾壯闊的偉大行動”,而他本人的分享也爲下午場論壇掀起第一波高潮。

毛振華教授指出,中國企業出海主要有四種模式:産能出海、供應鏈出海、資本出海、企業家出海。企業家應該正確認識企業出海與資本輸出的關係,資本輸出是開放經濟體發展到⼀定階段的必然結果。企業出海不僅是形勢所迫,更應是主動所爲,不是資本外逃,而是中國資本輸出,形成跨國公司的必由之路。

他認爲當前中國企業出海⾯臨著國內供需失衡⽭盾仍存、部分⾏業産能過剩,國內行業投資回報率下降對企業造成過大壓力等挑戰,在全球産業鏈重構、⼤國博弈加劇、地緣政治衝突上升背景下,企業出海有助于規避貿易壁壘,鞏固供應鏈優勢。對于中國企業出海,社會要鼓勵、政府要支持、企業要行動、企業家要下决心,形成未來中國經濟的新格局、中國企業家的新格局、華人的新格局。

 

邱達根
香港立法會議員
香港資訊科技聯會會長

邱達根議員就一帶一路香港的定位進行分享,硬基建的一帶一路時代已經過去,未來一帶一路是軟基建時代,而軟基建時代,支持建設開放型世界經濟的過程中,有很多是香港可以參與其中的。

他表示香港未來的定位,就像金庸寫的小說,要學一套新的武功,必須把老的武功完全忘掉,忘掉從前過去香港的身份定位,未來是否實用且合適,是要反思的點。香港的故事,從來就是中國故事的一部分,如果沒有中國故事的發展,香港不會有今天這個樣子。

香港在“一帶一路”中的角色應轉變爲軟技術出海的推動者和標準制定者,利用其在國際標準、科技合作、金融服務和貿易合規等方面的優勢,幫助內地企業實現産品出海,幷提升國際競爭力。

 

圓桌對話:Yes or No?
中國經濟現狀和政策熱點問題

圓桌對話
中國經濟現狀和政策熱點問題

下午論壇的圓桌環節由港大經管學院院長蔡洪濱教授擔任主持人,他展現出深厚的學術功底和對經濟現象的敏銳洞察力,引導話題層層深入,主持風格犀利直接,以簡單的“Yes or No”提問,促成了嘉賓的真實表達和觀點碰撞,展開一場優質、精彩、高效的圓桌對話。

五位圓桌嘉賓就蔡洪濱教授的第一個問題達成共識,一致認爲9月底到現在,中國决策層對經濟判斷出現轉變,政策出現拐點。而對緊接其後的問題——9月底至今發布的一系列組合政策能否真正實現穩定經濟的目標、未來政策走勢會不會實現市場預期,嘉賓們各抒己見。

孫明春
香港中國金融協會副主席

對此,孫明春先生給出了肯定回答。他表示儘管政策中未給出具體的數字和規模,導致很多人認爲信息不足,但他認爲這一政策是開放的,因此市場的大小和規模需要市場參與者自行判斷和猜測。考慮到未來的持續政策輸出,他認爲長期是可以實現目標的。

嚴力耘先生表示從市場反應、社會心理、企業家心理的角度來看,預期想要實現的話需要更大的政策力度。楊德龍先生認爲關鍵要重塑企業家的信心,同時落實市場化、法治化的原則。

毛振華
港大經管學院實務教授
中誠信國際首席經濟學家

其他嘉賓則提出了不同觀點,毛振華教授指出央行行長的表達清晰明瞭,但其他政策數據相對模糊,因此對于組合政策能否真正實現穩定經濟的目的,他認爲政策力度還有待加强。

嚴力耘
高盛(亞洲)有限責任公司
資産及財富管理部 董事總經理

嚴力耘先生表示從市場反應、社會心理、企業家心理的角度來看,預期想要實現的話需要更大的政策力度。關于未來一兩個月內資本市場的發展趨勢,他指出短期市場波動難以預測,但供需平衡下市場方向不明。聖誕節期間基金經理休假,市場或更趨平衡,預計年底前變化有限。

楊德龍
前海開源基金管理有限公司董事總經理
首席經濟學家

楊德龍先生認爲政策能否真正實現穩定經濟的目標,關鍵要重塑企業家的信心,同時落實市場化、法制化的原則。他表示資本市場未來一段時間更樂觀,因爲經濟數據將好轉,而資本市場主要反映未來預期。當前市盈率低,估值上升會帶來上漲,且政策逐步落地將增强信心。年底前市場可能有第二波上漲,反映政策影響,若明年上市公司盈利大漲,則可能出現大牛市。

曲天石
彭博亞洲高級經濟學家

曲天石先生對幾位嘉賓的觀點高度贊同,年底這個時間點,資本市場的發展趨勢,他認爲會略高于今天的點位。

毛振華教授最後總結道,本次會議成功探討了出海問題與中國企業發展思考,聚焦當前中國經濟主要問題,在蔡洪濱院長的主持和各位嘉賓的精彩回答中,展示了經濟學界和經濟界對當前形勢的看法和判斷,既有現實分析也有政策期待,活動非常精彩。期待港大全球CEO課程的同學們在港大學習生活順利。

 

港大全球CEO課程首期班學員
上海榮利紡織品有限公司董事長 何學忠

嘉賓真誠,論壇精彩,在座CEO學員們聽完全天內容仍不覺疲倦,踴躍提問。何學忠同學提問,爲什麽通縮對宏觀經濟會造成這麽大的風險和流動性陷阱?

孫明春先生表示通縮反映信心,從學術角度來說容易産生債務通縮的陷阱;毛振華教授指出,通縮對經濟的破壞力是非常大的,其核心的反映就是在于供求不平衡的這個問題。

港大全球CEO課程二期班學員
澳大利亞融僑金融集團董事長 葉方

葉方同學專程從澳大利亞回國參加本次課程,他想瞭解就當前香港在世界經濟格局的地位而言,有意在香港落地發展的企業家可以抓住哪些機遇?

毛振華教授認爲,香港背靠祖國,面向世界,在國內外市場都具有無可替代的地位,尤其在産權和人權保護上優勢顯著。儘管面臨挑戰,但香港擁有廣泛的金融基礎設施和大陸作爲經濟腹地,長期來看,其地位難以被新加坡等地替代。此外,香港作爲中轉站和觀察哨的獨特地位也使其具有高度靈活性。

 

遇智者,交朋友,幸福翻倍

伴隨著論壇的余溫,港大全球CEO課程首期班和二期班同學們歡聚一堂,共同參與了開學晚宴。本次晚宴堪稱首期班與二期班聯袂演繹的首次慶典盛宴,熱烈的氛圍與積極的互動,爲兩個班級之間搭建了一座堅實的橋梁,促進了知識與資源的共享。

蔡洪濱
港大經管學院院長、中國經濟研究所所長
經濟學講座教授

陳百里
香港特區政府商務及經濟發展局副局長

港大經管學院蔡洪濱院長和香港特區政府商務及經濟發展局副局長陳百里博士分別致辭,對港大全球CEO課程的同學們表示熱烈歡迎,希望同學們堅持終身學習,携手共進。

惠笙(上海)健康管理有限公司董事長趙飈作爲港大全球CEO首期班學員代表發言表示,對于港大全球CEO課程,同學們從有點關心到非常關心,再到天天開心,從上課到回家,和優秀的師資團隊學習交流,受益匪淺。希望同學們在港大不忘初心,砥礪前行。

筆克環球服務有限公司區域董事長林秋偉作爲二期班學員代表發言,他作爲新加坡人加入港大全球CEO,認爲這個課程契合數字化、全球化的時代趨勢。相信在這裏能够學到跨領域跨學科的商業知識和人生經驗,和港大全球CEO課程的同學們一起看星辰大海。

美國黑石集團高級合夥人及大中華區主席、港大經管學院高管教育客座教授張利平先生爲同學們簡要分享了對于外資及中國資本市場的看法。他表示從個人角度非常看好中國的中長期發展,長期經濟基本面穩定下來後,後期有望回升。

此次晚宴不僅是一次簡單的聚餐,更是港大全球CEO課程精神的延續與深化。我們期待與全球企業家們携手共進,在新大航海的征途中,共同探索未知,挑戰極限,書寫屬￿這個時代的傳奇商業篇章。

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NHH International Case Competition 2024

We are thrilled to announce that our students have won the Champion in the NHH International Case Competition 2024!

NHH International Case Competition is an annual international undergraduate case competition hosted by Norwegian School of Economics in Bergen, Norway. 15 teams from top business schools around the globe were invited to tackle real-life business issue posed by the case company – DNV.

The competition consisted of a 5-hour seeding case and 24-hour case. Our students have demonstrated exceptional presentation skills, creativity, and teamwork and bring home the Champion. Congratulations!

More about the competition: https://www.nhhicc.com/

 

Champion

Mr. Duangthip Wee, BBA(IBGM), Year 2
Miss Law Lok Yee Nori, BEcon&Fin, Year 2
Miss Lo Nikkia, BSc(MAT), Year2
Mr. Ng Tsz Nam, BBA(BA), Year 2

Faculty Advisor:

Prof. Winnie Leung

Case Competition Coach:
Ms. Pinto Rasika Tasdyata (Pipin)

 

Student Sharing:

In September, my team had the amazing opportunity to represent HKU Business School in the prestigious NHH International Case Competition in Bergen, Norway. It was an incredible journey filled with learning, collaboration, tourism, laughter, and amazing food, alongside 14 other top Business School teams around the globe.

We started off the week with a 5-hour seeding case challenge for Highsoft, where we focused on new marketing strategies to win over the Chinese market. We pitched our strategy of adding HighChart Plugin into Salesforce 360, which tapped into the growing demand for data visualization in CRM systems within the Chinese market. Winning this round in our group was such an encouraging start!

Moving on, the main event was the 24-hour case challenge for DNV, which focused on how they can drive digital transformation and increase their recurring revenue. We developed two key strategies: first, we proposed a maritime emissions pooling platform that enables trading of emissions reduction credits, helping clients adapt to new regulations. Secondly, we introduced an EMT simulation technology designed to enhance the safety and control of large power grids through advanced simulations. I’m incredibly proud that our hard work paid off, and we won this case as well!

I want to express my heartfelt gratitude to Norwegian School of Economics (NHH) for organising such a fantastic event, and to thank the host, NHHS Case Club for making the whole process extremely smooth and enjoyable. Additionally, a special thanks to HKU Business School again for giving us this special opportunity to compete in this amazing event.

This competition taught me so much about collaboration and creative problem-solving. I’m truly grateful for the new insights and friendships I gained along the way.

Thanks to everyone who made this journey possible and my first trip to Europe extremely memorable!

(by Mr. Duangthip Wee)

 

Thank you, HKU Business School, for the opportunity to embark on this unforgettable NHH International Case Competition (NHH ICC) experience.

In Norway, I connected with students from business and economics schools worldwide, witnessed the serene beauty of the fjord cruise, and explored Bergen’s city streets whilst savouring a myriad of delicious delights, including reindeer hotdogs, pastries, fishcakes, salmon, gelato ice cream, and more!

The rigorous 24-hour case cracking tested us mentally and physically. However, it was a source of immense pride upon devising innovative and feasible digital solutions that were appreciated by our case company, DNV.

Upon winning the championship title, one of my next most memorable experiences was indulging in fine dining atop Fløyen mountain alongside the CFO and senior business development managers of DNV, where I gained further valuable insights into the energy industry.

Throughout this journey, our coach, Pipin Tasdyata, and our dedicated team, NAWN consulting, supported each other, I could not imagine my NHH ICC experience without them.

(by Miss Law Lok Yee Nori)

 

The week at NHH International Case Competition has been an unforgettable rollercoaster of emotions. From the excitement of exploring a new Nordic city and the exhaustion of our 24-hour case competition, to the nervous anticipation of pitching on a global stage with a livestream, every moment was extraordinary on its own. Meeting like-minded peers from Norway, the Netherlands, Canada, the Philippines and beyond was an incredible cultural exchange that forged new friendships across the globe. Thank you, HKU Business School, along with our professors, coaches and staff for bringing this opportunity to life for us!

Being able to enjoy this experience in Bergen with my team NAWN Consulting, and our beloved coach, Pipin Tasdyata, has been a dream come true, and will remain as one of the most memorable university moments. Grateful to have my team for all the hard work and joy throughout the journey!

(by Miss Lo Nikkia)

 

My journey at the NHH International Case Competition in Norway was nothing but remarkable. I am incredibly grateful to HKU Business School for providing such a unique opportunity, which allowed me to meet talented students from business and economics schools around the globe.

We had to accomplish an intense 24-hour case competition, which pushed us to our limits. As I was ill during the entire event, it certainly tested both my mental and physical endurance. Yet, my team, NAWN Consulting, as well as team coach, Pipin, supported me in all unwavering ways. It felt rewarding when we were ready to present our innovative digital solutions that resonated with our case company, DNV.

Winning the championship was a highlight, as we had the rare opportunity to present in front of DNV’s CFO and senior managers. Dining with them on top of the Fløyen mountain was unforgettable, as we received valuable insights as well as personal experiences in DNV, which deepened my understanding of this vital sector.

Bergen’s breathtaking beauty, with its stunning fjords and clear skies, created a perfect backdrop for our journey. I will always cherish the moments spent gazing at the Norwegian sunset, shimmering in pink and orange the evening before our case competition.

This journey was a whirlwind of emotions and experiences, from exploring a new city to the thrill of pitching on a global stage. The friendships formed during this cultural exchange will last a lifetime. Thank you to everyone who made this dream come true; it will forever remain a cherished memory in my university life.

(by Mr. Ng Tsz Nam, Anson)

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