HKU won the Championship of the 12th HSBC/HKU Asia Pacific Business Case Competition
Mr Peter Wong (the fifth from the left, front row), Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited and Professor Terry Au (the forth from the left, front row), Vice-President and Pro-Vice-Chancellor (Academic Staffing and Resources), The University of Hong Kong with the university teams at the HSBC/HKU Asia Pacific Business Case Competition prize presentation ceremony.
A team of Faculty of Business and Economics undergraduate students from The University of Hong Kong (HKU) came out top among 24 competing teams in the world’s largest business case competition jointly presented by HSBC and HKU.
Speaking at the prize presentation ceremony of the 12th HSBC/HKU Asia Pacific Business Case Competition (“The Competition”) held on 6 June, Mr Peter Wong, Deputy Chairman and Chief Executive, The Hongkong and Shanghai Banking Corporation Limited, told the students to keep an open mind and think globally.
“The future is about connectivity. It is about people coming together and markets opening. The Greater Bay Area’s integration and the Belt and Road Initiative are key drivers of this direction – they will serve the world as global super-connectors. The people, connections and the flow of ideas is how we make these initiatives a success. The best international talent is needed to connect the world and solve business, environmental and social challenges. At HSBC, the culture of a globally connected community is part of our DNA, and that is why we has been supporting this competition, which connects Asia to the rest of the world.”
Professor Hongbin Cai, Dean of Faculty of Business and Economics, HKU, said, “It is a pleasure to see some of the brightest business leaders of tomorrow at the 12th edition of this unique competition. Throughout the week, students have had the opportunity to interact with their peers and seasoned business executives from around the world. We are confident that the skills, knowledge and networks gained during their stay will benefit them and the society in the years to come!”
The Competition, which is organised by Asia Case Research Centre (ACRC), Faculty of Business and Economics, HKU, took place in Hong Kong from 31 May to 6 June, brought together 24 teams from universities globally and more than 60 senior HSBC executives and international business leaders who volunteered as judges. Since 2008, it has attracted over 130,000 university students to participate. The Competition aims to bridge the gap between the real business world and the classroom by challenging students to apply problem-solving, analysis and presentation skills to an actual business situation.
During four rounds of intense competition, the teams demonstrated their understanding of business strategies by achieving creative management solutions. They also participated in team-building and training sessions. Top teams of this year were the 12 titleholders representing HSBC local competitions in Bangladesh, Hong Kong, India, Indonesia, Mainland China (North and South), Malaysia, Mauritius, Taiwan, Thailand, Vietnam and France, as well as other invited universities from Canada, Korea, Lebanon, Macau, New Zealand, the Philippines, Serbia, Singapore, Sri Lanka and the USA.
Mr Peter Wong (middle) and Professor Terry Au (the third from the left) present the Championship Award to the winning team from HKU, coached by the advisor Mr. Albert Fung .
The HKU team members are:
Yizhen Qian, BBA(IBGM), Year 2
Jovy Mok, BBA(IBGM), Year 2
Neha Kumar, BBA(IBGM), Year 2
Jane Lee, BBA(IBGM), Year 2