Are Institutional Investors Taking Stock of Climate Change?

CUHK research shows investors are avoiding investing in high emission stocks due to growing environmental awareness and such actions have led public firms to reduce their carbon footprints. The researchers – Darwin Choi, Gao Zhengyu and Jiang Wenxi, all Associate Professors at CUHK Business School’s Department of Finance, found that investors have significantly reduced their investments in carbon-intensive stocks since around the time the financial sector began to become more aware of environmental issues ...

HKSAR Government publishes “Report on Hong Kong’s Business Environment: A Place with Unique Advantages and Unlimited Opportunities”

The Financial Secretary, Mr Paul Chan (left), accompanied by the Deputy Government Economist, Mr Adolph Leung (right), meets the media at the Central Government Offices, Tamar, today (September 27) on the release of "Report on Hong Kong's Business Environment: A Place with Unique Advantages and Unlimited Opportunities". The Hong Kong Special Administrative Region (HKSAR) Government … Continue reading HKSAR Government publishes “Report on Hong Kong’s Business Environment: A Place with Unique Advantages and Unlimited Opportunities”

HSFRC Latest Research: U Disappeared: How Index Funds Reshape Intraday Stock Market Dynamics

The U-shaped intraday pattern in stock liquidity, volume, and price volatility is one of the most well-known empirical patterns documented in the microstructure literature. For example, most previous studies found that intraday width of spreads for U.S. stocks are wider immediately after the open and right before the close. A research conducted by HSRFC member … Continue reading HSFRC Latest Research: U Disappeared: How Index Funds Reshape Intraday Stock Market Dynamics

观点|舒涛:技术统一是使用央行数字货币进行跨境支付的难点

为何新兴市场对数字货币的研究速度要快于发达国家?各国选择发展央行数字货币的不同路径又是出于何种考量?央行数字货币的发展是否会对虚拟货币产生冲击?香港中文大学(深圳)校长讲座教授 、深圳高等金融研究院副院长舒涛教授在接受凤凰卫视采访时分享了他的见解。

活动预告 | 待解决问题峰会:大数据与金融科技

在大数据和金融科技的推动下,全球正经历着一场前所未有、由大数据及金融科技驱动的工业革命。在金融行业转型发展的新时期,业界人士正面临着大量依据现行框架与方法难以解决的新问题。与此同时,由于现有研究评定以专著和学术刊物发表为主要标准,研究人员尚未完全接触及充分了解经济生活和金融市场中的真实问题。

Did a Stamp Duty Hike in China’s Stock Market Turn into Whack-A-Mole Game?

Research reveals China’s policy aimed at controlling trading frenzy in the stock market led to unexpected warrant market bubble by Jaymee Ng, Principal Writer, China Business Knowledge@CUHK This article is republished with permission by China Business Knowledge at Chinese University of Hong Kong Business School. You can access the original article here. China’s stock market has … Continue reading Did a Stamp Duty Hike in China’s Stock Market Turn into Whack-A-Mole Game?