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Hong Kong Baptist University (HKBU)
HKBU students win CFA Global Investment Research Challenge
Championship
浸大學生為港爭光
勇奪投資分析比賽全球總冠軍
Four students from the School of Business scooped the global championship over four competing teams from USA and Europe, in the Global Investment Research Challenge held in New York, USA on 1 May. The HKBU winners were invited to preside over the closing bell of the NASDAQ trading day on 2 May.
More than 300 students from 80 universities worldwide participated in the competition, which was introduced by CFA Institute. The event was spread over more than seven months with several rounds of local and regional competitions. The HKBU team was: Sophia Zhang (Accountancy and Law, Year 3); Andy Chau (Finance and Decision Sciences, Year 3); Amy Lee (Finance and Decision Sciences, Year 3); and Angela Yuen (Marketing, Year 3). In pursuing the global championship, the team had first swept championships in the Greater China region, and then in the Asia Pacific region.
Commending the students’ outstanding achievement, Professor Ng Ching-fai, President and Vice-Chancellor said, “Upholding the whole person education, HKBU always encourages its students to enrich their experiences by participating in international competitions. Our students’ excellent performance is not only a victory for HKBU and strong testament to our University’s contribution in nurturing financial talents, but it is also a victory for Hong Kong and its status as an international financial centre.”
Professor Simon Ho, Dean of School of Business, said, “Over the past several months, the participating team has put into practice the knowledge acquired at HKBU. They drew their investment conclusions through dedicated fundamental research and data analysis, which reflects that successful investment is not about luck but lots of hard work. HKBU students’ success proves that their investment analysis has reached international standard.”
HKBU team extends their gratitude to their advisors from the School of Business, in particular Dr. Alexander Fung, Assistant Professor of Finance and Decision Sciences. Andy Chau, President of the HKBU’s Student Investment Club said, “Our sincere gratitude goes to HKBU for setting up the Investment Club which gives us invaluable hands-on experience in investment. With academic knowledge as our backup, we can flexibly put into practice what we have learnt.”
During the competition, participating teams were required to analyse the buy (sell) rating of an assigned public traded company. HKBU team analysed the future development of China Mobile Limited (CML), specifically exploring the possible impact on CML posed by the restructuring of China’s telecommunication industry.
The Global Investment Research Challenge was introduced in 2007 by CFA Institute. It aims to promote best practices in research among the next generation of analysts. Defeating teams from six local universities and three Mainland universities in November last year, the HKBU team won the championship in Greater China. It then scooped the Asia Pacific championship, which was held last month. Representing the Asia Pacific region, the veteran HKBU team then shined brightest in the international arena winning the global championship.
工商管理學院四名學生於本月一日在美國紐約舉行的全球投資分析比賽中，擊敗歐美大學的代表隊伍，勇奪全球總冠軍，勝出的同學並獲邀主持本月二日美國納斯達克市場的收市敲鐘儀式。
賽事由「CFA協會」主辦，今年吸引了全球三百多名來自八十間大學的學生參加，賽事歷時七個多月，經過多輪的初賽和決賽。浸大代表隊成員包括會計及法律系三年級張文蔚、財務及決策學系三年級周文泰和李麗兒，以及市場學系三年級袁麗鈴，他們先後贏得大中華區、亞太區比賽冠軍，再進入總決賽。
校長吳清輝教授嘉許學生的殊榮，他說：「浸大實踐全人教育，鼓勵學生衝出香港，參加國際賽事汲取經驗。同學今次能在賽事中摘冠，不單為浸大歷史寫下光輝的一頁，更進一步印證香港作為國際金融中心的地位，和浸大對培訓金融業人才的貢獻。」
工商管理學院院長何順文教授說：「參賽同學過去半年來，將課堂的知識學以致用，透過認真的資料搜集和理性的數據分析，得出投資結論，足以證明投資分析這門學問必須下苦功，不能單靠僥倖。同學的成功證明他們的投資分析已達國際水平。」
身兼學生組織投資學會會長的周文泰感謝顧問導師的支持，特別是財務及決策學系助理教授馮國華博士的指導。周文泰說：「我們很珍惜浸大為學生成立投資學會，給予我們實際的投資經驗，使我們能靈活應用學術知識，令我們的投資有理據支持。」
比賽要求各隊伍分析一所上市公司的股價，本校商管隊伍所分析的對象是「中國移動有限公司」。他們要計算出中國電訊業重組對整個中國電訊業，以及對業界龍頭公司「中國移動」的影響。
這項全球投資分析比賽由CFA協會於2007年開始舉辦，旨在培育未來的財經分析員。浸大學生於去年十一月，擊敗六間本地大學和三間內地大學，奪得大中華區冠軍，今年四月於亞太區決賽中再度稱冠，取得代表亞太區參加在紐約舉行的總決賽的資格。