News

2023 SFI Annual Report

Release time:09 January 2024

Faculty

The pool of teachers at the School of Management and Economics (SME), The Chinese University of Hong Kong, Shenzhen (CUHK-Shenzhen) is expanding, with 25 new professors on board, increasing the total number of faculty members to 126. Among them, 19 specialize in operations management and information system, 22 in accounting, 14 in management, 27 in economics, 28 in finance, and 16 in marketing.

Total number of faculty members

The number of newly recruited teachers

Accounting: Deng Tian, Kim Hojoon, Li Mei, Tang Shibin, Yoon Joonsang, Zhi Weijia

Economics: Cao Yue, Dai Liang, Fang Yue, Hui Xitong, Yuan Huaiping, Zhang Wanchang

Finance: Chen Jingxuan, Li Yazhu, Ma Houning, Wang Wei, Xiao Han

Management: Baik Sooyun, Jiang Han, Pan Xinyue

Marketing: Han Ruobing, Huang Der-Wei

Information System & Operations Management: Guo Yutong, Liu Yidi, Zhang Hongzhe

They graduated from the world’s top universities, all with doctoral degrees from prestigious overseas universities. Among them, 70% graduated from schools in North America, 10%, Europe, and 20%, Asia.

They come from all corners of the world, including 105 from China (Hong Kong 14, Taiwan 2), United States 5, Brazil 1, South Korea 8, Netherlands 2, Canada 2, Malaysia 1, Thailand 1, Italy 1.

Academic Achievement

In 2023, SME witnessed 58 newly accepted papers, of which 24 papers were accepted by FT50 journals and 19 by UTD24 journals.

UTD24  (*Alphabetical order by author's last name)

Cao Jiyin

Lay Theories of Instrumental Relations: Explaining Individual Differences in Dispositional Similarity-Attraction

Academy of Management Journal

Dai Liang

Disclosure of Bank-Specific Information and the Stability of Financial Systems

Review of Financial Studies

Di Chenchen

Return Window Decision in A Distribution Channel

Production and Operations Management

Huang Der-Wei

Consumer Trust: Meta-analysis of 50 Years of Empirical Research

Journal of Consumer Research

Jiang Han

Social Embeddedness and Supply Chains: Doing Business with Friends vs. Making Friends in Business

Production and Operations Management

Jiang Yangzi

Geographic Virtual Pooling of Hospital Resources: Data-Driven Trade-off Between Waiting and Traveling

Manufacturing & Service Operations Management

Liu Yidi

Smart Natural Disaster Relief: Assisting Victims via AI in Lending

Information Systems Research

Consequences of China’s 2018 Online Lending Regulation and the Promise of PolicyTech

Information Systems Research

Ming Liu

The Sales Impacts of Traffic Acquisition Promotion in Live-Streaming Commerce

Production and Operations Management

Ren Qitian

Advertising and Content Creation on Digital Content Platforms

Marketing Science

Shi Duo

Quick Response Under Strategic Manufacturer

Manufacturing & Service Operations Management

Wang Jingqi

Patient Sensitivity to Emergency Department Waiting Time Announcements

Manufacturing & Service Operations Management

Cross-licensing in a Supply Chain with Asymmetric Manufacturers

Manufacturing & Service Operations Management

Zhang Chenglong

When Sharing Economy Meets Traditional Business: Coopetition Between Ride-Sharing Platforms and Car-Rental Firms

Information Systems Research

Zhang Hongzhe

Proactive Resource Request for Disaster Response: A Deep Learning-Based Optimization Model

Information Systems Research

Zhao Jianliang

Deterring the Gray Market: Product Diversion Detection via Learning Disentangled Representations of Multivariate Time Series

Journal on Computing

Zhang Qiang

Final Price Neglect in Multi-Product Promotions: How Non-Integrated Price Reductions Promote Higher-Priced Products

Journal of Consumer Research

Zhang Tianyu

Calling for Transparency: Evidence from a Field Experiment

Journal of Accounting and Economics

Zhang Yiming

Delay Information in Virtual Queues: A Large-Scale Field Experiment on a Major Ride-Sharing Platform

Management Science


FT50 (*Alphabetical order by author's last name)

Jiang Han

A Recombinant Framework of Technological Information Disclosure and Reward-Based Crowdfunding Performance of Technology Projects

Entrepreneurship Theory and Practice

Stepping Stone or Stumbling Block? Female Representation on Decision-Making Group of Venture Capital Firms and Funding of Woman-Led Businesses

Journal of Business Venturing

Wang Cong

Directors: Older and Wiser, or Too Old to Govern?

Journal of Financial and Quantitative Analysis

Xiao Fenglong

Wolves at the door to the unknown: Innovation search and hedge fund activism

Research Policy

Zhang Rongrong

Beyond the Feeling Individual: Insights from Sociology on Emotions and Embeddedness

Journal of Management Studies


Other International Top Journal (*Alphabetical order by author's last name)

Huang Kanyuan

Sharing names and information: Incidental similarities between CEOs and analysts can lead to favoritism in information disclosure

PNAS

Jia Jianmin

Emergency communications after earthquake reveal social network backbone of important ties

PNAS Nexus

Wu Tao

Examining the generalizability of research findings from archival data

PNAS

SME received five grants from the National Natural Science Foundation of China (NSFC) in 2023. Jia Jianmin was acknowledged by NSFC Key Program; Chen Qihui was acknowledged by NSFC General Program; three professors, namely Lin Wei, Lin Wenlian and Zhang lingyi received grants from NSFC’s Youth Science Fund.

SME won 1 grant from Guangdong Province in 2023. Lin Wei was acknowledged by NSFC General Program of Guangdong Province.

Honors and Qualifications

SME professors crowned many awards in 2023

Xiong Wei

Fellowship of the World Econometric Society

Selected as one of the "2023 List of the World's Leading Scientists"

Ai Chunrong

Selected as one of the "2022 Chinese Highly Cited Scholars Annual List"

Zhao Jianliang

Selected as one of the "2023 List of the World's Leading Scientists"

Liu Bin

Awarded "2023 China Society for Information Economics Innovation Achievement Award".

2022 Program Performance Evaluation by the Department of Management Science, NSFC - "Award of Exceptional Merit"

Hung Iris

“Creative thinking facilitates perspective taking” was awarded "The 22nd Outstanding Achievement Award of Philosophy and Social Science in Zhejiang Province"

Li Dan

“Does High Frequency Market Manipulation Harm Market Quality?” was awarded "Outstanding Paper Award at the 18th Asia Pacific International Conference on Financial Markets"

Liu Hongqi

“Investor Memory and Biased Beliefs: Evidence from the Field” was awarded " Behavioral Finance Best Paper Award at the 2023 China Financial Research Conference"

Wang Xiaoqiao

“Do Consumers Bear the Cost of Environmental Regulation? Evidence from NOx Budget Trading Program” was awarded  "Industrial Securities Excellent Paper Award at 7th China Finance and Accounting Conference"

Zhang Rongrong

Won the Best Reviewer Award by Management and Organization Review

Zou Wenli

“Digital Resilience to COVID-19: Evidence From The Medical Aesthetics Industry” was awarded "The 7th International Summit on Marketing Science and Innovation (MSI) 2023 Outstanding Paper Award"

Ren Qitian

Awarded the Title of “Outstanding Teacher in Shenzhen 2023”

Wang Jingqi

Awarded the “Youth Scientific Research Award 2022”

Lee Sung Kwan

Awarded the “CUHK-Shenzhen Award for Ethics in Teaching 2023”

Academic Events

Organized 37 Academic Events & High Profile Forums

The 8th Global Wealth & Asset Management and Quantitative Investment Forum

China Data Talent Development and Application Forum

The Sixth China Marketing Summit

CUHK-Shenzhen Forum of Asian Accounting Scholars 2023

International Biodiversity Finance Conference

The Greater Bay Area Chief Economist Forum 2023

The 2023 Global Sustainable Development Conference

The Greater Bay Area Entrepreneurs Forum 2023

The 5th PHBS-CUHKSZ Economics and Finance Workshop

The NBER Conference on the Chinese Economy

The 14th Journal of Financial Research Forum

SME held a total of 161 seminars

2023 Seminar & Brownbag

Accounting

Economics

Finance

Information System

Management

Marketing

Operations

Management

Total

28

38

30

18

17

19

11

161

The institutions of speakers span four continents, with over 50% from North America

North America 86, Asia 68, Europe 6, Oceania 1

In addition, SME and SFI held 6 sessions of Distinguished Lecture Series themed on global economic hotspots and invited influential industrial leaders, experts from decision-making departments and other well-known scholars to share their in-depth opinions. The event had 1.73 million online viewers and received overwhelming social response.

Think-tank Construction

4 Horizontal Commissioned Topics

On Hong Kong-Shenzhen Cross-border Factor Flows and Cross-border Financial Cooperation

(Commissioned by: Political Research Office of Shenzhen Municipal Party Committee, Hong Kong Chief Executive's Policy Group)

High-quality Development of the Financial Sector in the Greater Bay Area

(Commissioned by: Propaganda Department of Guangdong Provincial Party Committee, Guangdong Southern Finance and Economics Holding Co., Ltd.)

The Impact of Institutional Innovation and Macro Policies on Industrial Development in the Greater Bay Area

(Commissioned by: Essence Securities)

Pengshan District Subject Cooperation Project

(Commissioned by: United Front Work Department of Shenzhen Pingshan District Party Committee)

21 Policy Research Reports

The Mission of Shenzhen-Hong Kong Cooperation - Globalization of Layout

Building a Global Science and Technology Innovation Highland, a Shenzhen-Hong Kong Territorial Innovation System Should Be Constructed

Cracking the Ethical Governance Priorities of Fintech with System Construction and Implementation of Main Responsibilities" "Promoting the Deep Integration of the Greater Bay Area with the Mechanism of "Cross-border Dual Headquarter""

Innovation of Hong Kong's Offshore RMB Products Based on Stable Coin, Blockchain and Smart Contracts" "Hong Kong Should Transform from a Traditional Trade Center to an International Trade Center for Innovation and Technology"

Complementarity and Matching of Market Mechanisms and Macro Policies in Real Estate Markets Ethical Governance of Artificial Intelligence in the Generative Al Era

The Healthy Competition between Macroeconomic Policies of China and the United States

Giving Full Play to Hong Kong's Role in Assisting the Development of Outer Circular Economy Economic Situation and Policy Recommendations in the Face of Risk Shocks

Activating the Potential of "Dua

l Headquarters" in Shenzhen and Hong Kong through "Enterprise Link, Park Link and Service Link" "Four Policy Focus Points to Rapidly Change Market Expectations"

Consolidating and Enhancing Hong Kong's Status as a Trade Center

Interpretation of the Development Plan of Shenzhen Loop Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone cum Seminar on Innovation of Shenzhen-Hong Kong Cross-border "Dual Headquarters"

Mechanism: Experts' Views and Policy Recommendations

Research Report on High-Quality Economic Development of Pengshan District, Shenzhen: Stimulating the Potential of Cooperation between Pengshan and Hong Kong with the Innovative Mechanism of Cross-border "Dual Headquarter".

Dual Headquarters Connecting the Double Cycle

Key Factors for Further Progress of RMB Internationalization

Synthesis of Important Points from Guest Speeches at the 2023 Guangdong-Hong Kong-Macao Greater Bay Area Entrepreneurs' Forum Report on Global Ethical Governance of Artificial Intelligence

The Transformation and Strategic Value of Hong Kong's International Trade Center

2 Case Studies

Silicon Valley Bank Bankruptcy Fiasco

The Fall of Credit Suisse - UBS Acquisition of Credit Suisse

10 Books / Research Report Published

China’s Governance in Change: 2011-2021 – Xiao Geng, Andrew Sheng

The Unintelligible China: Theory and Practice in a Changing Landscape – Xiao Geng, Andrew Sheng

ESG Ratings for China’s Urban Development – Zhang Bohui, Wu Haifeng

China Securities Industry ESG Golden Bull Award Ranking – Zhang Bohui, Wu Haifeng

Report of Mutual Funds in China 2023 – Cao Quanwei, Chen Zhuo, Shu Tao

Report of Hedge Funds in China 2023 – Cao Quanwei, Chen Zhuo, Shu Tao

China Internship Recruitment Research Report 2023 – Zhang Bohui, Wei Li, Wang Hang, Bao Qian, Shen Peiyi

Carbon Rating Report of China’s 100 Overseas Listed Companies – Zhang Bohui, Wu Haifeng

China Data Job Recruitment Research Report 2023 – Zhang Bohui, Wei Li, Wang Hang, Bao Qian, Shen Peiyi

Research Report on ESG Investment Development in Capital Management Industry 2023 – Zhang Bohui

VoxChina: 28 Academic Papers Introductions / 24 Academic Short Videos

The total number of clicks and plays on all platforms exceeded 1,600,000 times

7 Issues of Economic Situation Analysis and Policy Outlook of the U.S

Talent Cultivation

A total of 845 new postgraduate students were enrolled in 2023;

Full-time postgraduate students: 525 (MSc in Economics 73; MSc in Accounting 109; MSc in Finance 98; MSc in Marketing 77, MSc in Data Science 66, MSc in Information Management and Business Analytics 102)

Part-time postgraduate students: 320 (MSc in Finance 75; MSc in Business Management 117; Finance EMBA 128)

Discipline Development

Postgraduate

The MSc in Data Science Continues to Top QS Master’s in Business Analytics Ranking in China (Business Analytics)

97 master's and doctoral programmes were evaluated by an external evaluator, EE, and the report showed that all of them met the standards of the same programmes of the top international universities.

Student Achievement

Two students of MSc in Data Science programme published ten papers in international conferences/journals

Chenliang Li / Master's Candidate

Co-authored paper: Understanding Expertise through Demonstrations: A MaximumLikelihood Framework for Offline Inverse

Conference on Neural lnfor-mation Processing System (NeurlPS), the top international conference in the field of machine learning and computational neuroscience.

Co-authored paper: A Bayesian Approach to Robust Inverse Reinforcement Learning

Conference on Robot Learning, an international conference in the field of robotics and machine learning.

Zhiyou Zhao / Master's Degree Candidate

Co-authored paper: LCP Former: Towards Effective 3D Point Cloud Analysis viaLocal Context Propagation in Transformers

IEEE Transactions on Circuits and Sys-tems for Video Technology, IEEE's top academic journal in the field of video technology.

Co-authored paper: NerVE: Neural Volumetric Edges for Parametric Curve Ex-traction from Point Cloud

CVPR2023, the top conference in computer vision and pattern recognition under IEEE.

Honors

He Xiaofeng│Master of Science in Management Programme

Awarded "Shenzhen May 1st Labor Medal 2023".

Jiang Shuaiyu│Master of Science in Finance Programme

Gold Medal for Oral Presentation in the Liberal Arts Category of the First Graduate Research Forum of the Graduate School of The Chinese University of Hong Kong, Shenzhen

Jiang Shuangyuan│Master of Science in Finance Programme

Women's Singles Champion and Mixed Doubles Champion of the 7th Freshmen Cup Table Tennis Competition of The Chinese University of Hong Kong, Shenzhen

Guangsheng Liu | Master of Science in Economics Programme

The Chinese University of Hong Kong, Shenzhen 2022-23 "Outstanding Student Leader Award"

Liu Hang | Master of Science in Economics Programme

The Chinese University of Hong Kong, Shenzhen "President's Award for Outstanding Master's Degree"
2023

Tang Long | Master of Science in Marketing Programme

Awarded "Best Debater of the Whole Competition" in the 11th Shenzhen Universities and Colleges Young Students Debate Invitational Competition

Wang Hanlin│Master of Science in Finance Programme

The Chinese University of Hong Kong, Shenzhen "President's Award for Outstanding Master's Degree" in 2023

Meng-Yuan Wang | Master of Science in Management Programme

Winner of the "Top Prize - Winner Award" of the 2nd National Disruptive Technology Innovation Competition

Yanan Wang | Master of Science in Information Management and Business Analytics Programme

Awarded "Outstanding Team Award" in the Bay Area (Shenzhen) Fintech Summer Camp

Yukun Wu and Xingye Qi | Master of Science in Accounting Programme

Winner of the Third Prize of the "Nine Harness Cup" University FICC Simulation Training Competition 2023

Xiong Yuyin | Master of Science in Management Programme

Awarded "Shenzhen May 1st Labor Medal 2023"

Yu Miao and Shi Kaifu | Master of Science in Marketing Programme

Third Runner-up of the 7th Freshman Cup Volleyball Competition of The Chinese University of Hong Kong, Shenzhen in September 2023

Zeng Jingran | Master of Science in Economics Programme

Awarded Fifth Place in Men's Doubles of the 26th China University Tennis Championships (Finals)

Further Education and Employment

2022 graduates from SFI feature:1. Overall employment rate is 98.2%, ranking first among well-known domestic universities.2. 92.4% of the graduates were employed with an average annual salary of RMB287,000, maximum of up to RMB663,000 in a broader range of destinations for more diversified posts in extensive fields. The graduates had more diverse choices of cities. Nearly 60% chose to work in the Guangdong-Hong Kong-Macao Greater Bay Area, 26.4%, in Beijing and Shanghai, and 15%, in new first-tier cities.3. 5% of the graduates chose to continue their education, of which 13 would study Ph.D. programmes in well-known universities at home and abroad. Since December 2022, graduates of CUHK-Shenzhen can apply for Immigration Arrangements for Non-local Graduates (IANG) visa to work in Hong Kong. Seven graduates chose to work in Hong Kong.
The power of SFI alumni continues to grow

Total number of alumni reached 2,042 (including 545 alumni in the Class of 2023)SFI-CDC Organized and supported 10 alumni networking events and related outreach efforts in 2023 (including collaboration with the MSc in Finance programme, SME-CDC, and SME Alumni Affairs) ; participated in alumni events with approximately 700 attendees.