News & Stories

The 2025 Hong Kong Web3 Ideathon: Innovations Empowering the City, a dynamic educational initiative co-organized by the Center for Business and Social Analytics (CBSA) at the School of Business and Management of the Hong Kong University of Science and Technology (HKUST Business School), the Investor and Financial Education Council (IFEC), and Cyberport, has concluded with resounding success. The competition highlighted the creative potential of Hong Kong’s tertiary students in the fast-evolving Web3 landscape, drawing participation from 36 teams and over 150 students representing various local institutions.

The Hong Kong University of Science and Technology (HKUST) and Li & Fung, a member of Fung Group, jointly announced today the establishment of the HKUST Li & Fung Supply Chain Institute (the Institute), aimed at advancing research and practices in global supply chain management (SCM) innovation. The Institute brings together HKUST’s research excellence and Li & Fung’s industry expertise in supply chain management to drive real-world impact across the Greater Bay Area, Greater China, Asia, and globally, while contributing to Hong Kong’s development into a multinational supply chain management center — a strategic objective highlighted in the city’s latest Budget. It aims to reach these goals by engaging in collaborative research, developing business intelligence through industry research and policy studies, and fostering talent development through customized executive education and partnership programs.

In a collaborative effort to explore the potential of the Central Bank Digital Currencies (CBDCs), the School of Business and Management of The Hong Kong University of Science and Technology (HKUST Business School), in partnership with the Hong Kong Monetary Authority (HKMA) and the Hong Kong Institute for Monetary and Financial Research (HKIMR) under the Hong Kong Academy of Finance hosted today the International Conference on Central Bank Digital Currencies and Payment Systems.  Attended by participants from academia, central banks, financial institutions and fintech firms, this event brought together experts from international financial institutions, central banks, and universities across Asia, Europe, and North America to shed light on a wide range of critical CBDC-related topics, including policy implications, technological innovations, operational challenges and industry dynamics. 

A research team at the School of Business and Management of The Hong Kong University of Science and Technology (HKUST Business School) has developed InvestLM — Hong Kong's first open-source large language model (LLM) for financial generative AI (GenAI) applications, capable of generating investment-related, human-like responses comparable to those of well-known commercial chatbots, including OpenAI's ChatGPT. InvestLM’s model parameters[i] and the insights from its development process have been made publicly available to support industry practitioners and researchers in deploying LLM-related technology.

The collaboration represents the latest efforts of the academia and private sector in support of the exploration and experimentation of a CBDC in Hong Kong.

The project will enable industry stakeholders to better gauge near-term tourism outlook for pre-emptive policy and business planning.

Our non-local students' stories will equip younger readers with valuable insights into making the most of university life

From a terminal heart failure patient to a university student, mentor, and public speaker, HKUST’s third-year business management student Krishna JHANGIANI (KJ) has hardly had a conventional study journey. Recently recognized by the Dean of Students’ Office for his community service, KJ is the embodiment of resilience, and determined to innovate to give himself and others a new lease of life.  “It was like living in a bubble for 16 years and the bubble just popped,” KJ describes his near-death experience. From the massive smile that he is wearing, you would struggle to believe what he has been through.