中國新能源汽車產業經過十餘年高速擴張，產銷量穩居全球首位，但結構性產能過剩日益突出。據高盛報告，2021至2025年間，行業產能利用率持續低於75%-80% 的國際健康線，中國產能長期 「超額覆蓋全球需求」。
5 Nov 2026
Prof. Wen ZHOU
管理及商業策略
Associate Professor
Associate Director, Asia Case Research Centre
3917 5665
KK 1225
Academic & Professional Qualification
- PhD in Economics, Duke University
- MA in Economics, Peking University
- BSc in Biology, University of Science & Technology of China
Biography
Dr. Wen Zhou is an Associate Professor in the group of Management and Strategy, HKU Business School. He received BS in biology from the University of Science and Technology of China, MA in economics from Peking University and PhD in economics from Duke University. He joined the University of Hong Kong in 2007 after working at the Hong Kong University of Science and Technology for several years.
Teaching
Dr. Zhou teaches Managerial Economics for MBA, IMBA, and EMBA.
Research Interest
Dr. Zhou is an economist working in the field of industrial organization. His research focuses on endogenous market structure in the presence of mergers, innovation, and international trade. He has also studied business strategies such as pricing and advertising.
Selected Publications
- “Creating a merger option to strategically prevent a merger among suppliers or customers”, with Lezhen Wu, Dingwei Gu and Zhiyong Yao, Naval Research Logistics, 2024, Vol. 71 No. 2, PP. 174-188. https://doi.org/10.1002/nav.22148
- “Sequential Mergers Under Incomplete Information”, with Jiajia Cong, Journal of Economics and Management Strategy, 2024, Vol. 33 No. 1, PP. 131-154. https://doi.org/10.1111/jems.12549
- “Proportional Fee vs. Unit Fee: Competition, Welfare, and Incentives”, with Dingwei Gu and Zhiyong Yao, Journal of Industrial Economics, 2022, Vol. 70, No. 4, pp. 999-1032. https://doi.org/10.1111/joie.12279
- “Inflexible Repositioning: Commitment in Competition and Uncertainty”, with Jiajia Cong, Management Science, 2020, Vol. 66, No. 9, pp. 4207-4225. https://doi.org/10.1287/mnsc.2019.3383
- “Vertical Integration and Disruptive Cross-market R&D”, with Ping Lin and Tianle Zhang, Journal of Economics and Management Strategy, 2020, Vol. 29, No. 1, pp. 51-73. https://doi.org/10.1111/jems.12328
- “When is Upstream Collusion Profitable?”, with Dingwei Gu, Zhiyong Yao, and Rangrang Bai, RAND Journal of Economics, 2019, Vol. 50, No. 2, pp. 326-341. https://doi.org/10.1111/1756-2171.12271
- “Entry, Reputation and Intellectual Property Rights Enforcement”, with Jiahua Che and Larry Qiu, Canadian Journal of Economics, 2014, Vol. 47, No. 4, pp. 1256-1281. https://doi.org/10.1111/caje.12104
- “Multiproduct Firms and Scope Adjustment in Globalization”, with Larry Qiu, Journal of International Economics, 2013, Vol. 91, No. 1, pp. 142-153. https://doi.org/10.1016/j.jinteco.2013.04.006
- “The Effects of Competition on the R&D Portfolios of Multiproduct Firms”, with Ping Lin, International Journal of Industrial Organization, 2013, Vol. 31, No. 1, pp. 83-91. https://doi.org/10.1016/j.ijindorg.2012.11.003
- “Endogenous Horizontal Mergers under Cost Uncertainty”, International Journal of Industrial Organization, 2008, Vol. 26, No. 4, pp. 903-912. https://doi.org/10.1016/j.ijindorg.2006.10.010
- “Large is Beautiful: Horizontal Mergers for Better Exploitation of Production Shocks”, Journal of Industrial Economics, 2008, Vol. 56, No. 1, pp. 68-93. https://doi.org/10.1111/j.1467-6451.2008.00333.x
- “Merger Waves: A Model of Endogenous Mergers”, with Larry Qiu, RAND Journal of Economics, 2007, Vol. 38, No. 1, pp. 214-226. https://doi.org/10.1111/j.1756-2171.2007.tb00052.x
- “International Mergers: Incentives and Welfare”, with Larry Qiu, Journal of International Economics, 2006, Vol. 68, No. 1, pp. 38-58. https://doi.org/10.1016/j.jinteco.2004.12.005
- “The Choice of Commercial Breaks in Television Programs: The Number, Length, and Timing”, Journal of Industrial Economics, 2004, Vol. 52, No. 3, pp. 315-326. https://doi.org/10.1111/j.0022-1821.2004.00228.x
Recent Publications
5Nov
20Aug
香港的汽油價格，近年來高踞世界首位。以2026年3月為例，香港各油站公布的無鉛汽油價格高達每升4.06美元，較排名第二的馬拉維高出約42%。即使扣除每升約0.77美元的稅費，香港油價仍高於所有其他國家的含稅價格。
20 Aug 2026
8Jan
香港在2024年上半年的致命工業意外較前一年為多。主要涉及建造業和製造業的事故大多與有害物質、墮落物件等因素有關。有意見認為，面對趕工的壓力，業界往往忽視安全措施，若能加強安全措施，大部分意外皆可避免。
8 Jan 2025
教學人員
8Jan
香港在2024年上半年的致命工業意外較前一年為多。主要涉及建造業和製造業的事故大多與有害物質、墮落物件等因素有關。有意見認為，面對趕工的壓力，業界往往忽視安全措施，若能加強安全措施，大部分意外皆可避免。
8 Jan 2025
教學人員
10Apr
香港車用燃油的價格全球最高，而且各油公司調整零售價時總是「加快減慢」，更常常同時加價。例如在2023年的6次加價，5次由加德士率先加價，一次由蜆殼帶頭，其餘幾家在一兩天内跟隨，最後所有牌價都完全相同。
10 Apr 2024
教學人員
10Apr
香港車用燃油的價格全球最高，而且各油公司調整零售價時總是「加快減慢」，更常常同時加價。例如在2023年的6次加價，5次由加德士率先加價，一次由蜆殼帶頭，其餘幾家在一兩天内跟隨，最後所有牌價都完全相同。
10 Apr 2024
教學人員
3Jan
最近上映的電影《奧本海默》，講述原子彈之父奧本海默（J. Robert Oppenheimer）在原子彈研發成功之後，如何因為反戰立場和曾經的左傾活動而遭受迫害。 其實，這不僅是他個人的悲劇，更是全體人類共同的悲劇。 核武的發明、擴散和競賽，讓這個世界變得極不安全。 俄羅斯對烏克蘭軍事行動受挫之際，就曾多次暗示迫不得已時會使用核武。
3 Jan 2024
教學人員
3Jan
最近上映的電影《奧本海默》，講述原子彈之父奧本海默（J. Robert Oppenheimer）在原子彈研發成功之後，如何因為反戰立場和曾經的左傾活動而遭受迫害。 其實，這不僅是他個人的悲劇，更是全體人類共同的悲劇。 核武的發明、擴散和競賽，讓這個世界變得極不安全。 俄羅斯對烏克蘭軍事行動受挫之際，就曾多次暗示迫不得已時會使用核武。
3 Jan 2024
教學人員
13Dec
近日香港超市售賣的新鮮豬腩肉每500克90元（港元．下同），遠超深圳市21元的售價。香港的鮮肉完全從內地進口，沒有進出口關稅，為什麼會這麼貴？
13 Dec 2023
教學人員
13Dec
近日香港超市售賣的新鮮豬腩肉每500克90元（港元．下同），遠超深圳市21元的售價。香港的鮮肉完全從內地進口，沒有進出口關稅，為什麼會這麼貴？
13 Dec 2023
教學人員