Chin, Henry

Biography

Dr Henry Chin is Global Chief Operating Officer for CBRE’s Research team, responsible for the operational excellence of their global Research platform and ensuring their research strategies are differentiated from competitors and aligned with business plans. Dr Chin also holds a second global position as Head of Investor Thought Leadership across all regions, overseeing field research and econometric advisors.

As an experienced real estate strategist, Dr Chin regularly shares his insights with clients and journalists, and is a frequent presenter at key global and regional academic and industry conferences.

Dr Chin joined CBRE in 2014 as Head of Research, Asia Pacific, and was promoted to CBRE’s Asia Pacific Strategic Group, the board which oversees CBRE’s strategic direction in the region, in 2016. From 2019-2020 he also served as Head of Research, EMEA.

Before joining CBRE, Dr Chin was Head of Asia Pacific research and strategy at PGIM (previously known as Pramerica Real Estate Investors), Prudential Financials Inc., where he was responsible for leading the company’s Asia Pacific real estate investment strategy. He also spent several years with Deutsche Bank Group, where he had numerous roles ranging from global real estate strategist based in London to co-head of real estate for Asia Pacific for their private banking business. He began his career as lead Asian real estate analyst for DTZ.

Dr Chin is an adjunct professor in the School of Hotel and Tourism Management at The Chinese University of Hong Kong (CUHK) Business School, a visiting professor at Oxford Brookes University (UK) and an assistant professor at National Taipei University (Taiwan). He is also a member of the Investment Property Forum (IPF), Urban Land Institute (ULI), Asian Public Real Estate Association (APREA), Asia Non-listed Real Estate Vehicles (ANREV), International Council of Shopping Centres (ICSC), SFC Hong Kong, HKSI and UKSIP. He was served as a chairman of ANREV’s research committee from 2011 to 2014. He holds an Investment Management Certificate (IMC) in the UK.

Dr Chin has over 20 years of research experience in the Asia Pacific and Global real estate markets. He holds a BA in Land Economic and Administration from National Taipei University (Taiwan); an MSc in Real Estate from the University of Reading (UK) and a PhD in Real Estate Investment from Oxford Brookes University (UK).

Teaching Area

Real Estate

Biography

Dr Pang is the Chief Economist and Head of Research at JLL, Greater China. He leads a strong team of over 50 researchers across Greater China to provide market research, topical reports, thought leadership, client and media engagement, and support for business development efforts.

Dr Pang is also a member of JLL’s Global Research Leadership Team and APAC Research Management Team. He is a key participant in JLL’s global research effort to solidify the strong JLL brand globally by extending thought leadership through industry research.

He joined JLL from China Renaissance Securities, where he was the Chief Economist and Head of Macro and Strategy Research. Before that, Dr Pang was the equity strategist at HSBC Global Research and managed more than 20 research analysts. He ranked among the top three regional strategists in Asiamoney Brokers Poll.

Dr Pang is a columnist for Caixin, Caijing, Securities Times, 21st Century Business Herald, Economic Observer and Wen Wei Po. He is widely quoted and interviewed by domestic and overseas media outlets, such as Bloomberg, Dow Jones Newswire, Reuters, CNBC, BBC, CNN, Wall Street Journal, Financial Times, The New York Times, The Washington Post, CGTN, Xinhua News Agency, China News Service, People’s Daily, China Daily, Economic Daily and South China Morning Post.

Dr Pang holds a PhD degree in Economics from the University of Hong Kong, a MA degree in Sociology from the University of Chicago, an MSc degree in Economics from the Hong Kong University of Science and Technology as well as a Bachelor of Economics degree in Finance from the Renmin University of China.

Teaching Area

Real Estate

Law, Kody(羅其龍)

Biography

Professor Kody Law is an Assistant Professor of Finance at the Chinese University of Hong Kong (CUHK) Business School. He received Ph.D. in finance from the Cornell, an MS in Business Analytics from the University of California, San Diego and BBA from the University of California, Berkeley. His research interests include fintech, financial intermediation, real estate, and private equity.

Teaching Areas

Machine Learning
Data Analytics

Research Interests

Fintech
Financial Intermediation
Private Equity
Mortgages
Real Estate
Entrepreneurship

Liu, Chao(劉超)

Biography

Professor Chao Liu is an Assistant Professor of Finance at the Chinese University of Hong Kong (CUHK) Business School. He obtained his Ph.D. in Finance from Northwestern University’s Kellogg School of Management and holds a Master’s in Economics as well as a Bachelor’s degree in History and Economics (double major) from Peking University. His research interests include household finance, real estate, development economics, and economic history.

Teaching Areas

Corporate Finance

Research Interests

Household Finance
Real Estate
Development Economics

  • Grants
    • SFS Cavalcade North America PhD Student Grant, Society for Financial Studies, 2024
    • Kellogg Financial Institutions and Markets Research Center Research Grant, Kellogg Financial Institutions and Markets Research Center, 2021
  • Awards & Honours
    • Doctoral Fellowship, Northwestern University, 2018–2024
    • Award for Integrity, Peking University, 2016
    • China Economic Research Scholarship, National School of Development, 2016
    • Graduate Academic Scholarship, Peking University, 2015–2017
    • May Fourth Scholarship, Peking University, 2013

Wong, Nelson(黄志輝)

Biography

Professor Nelson Wong joined the School of Hotel and Tourism Management at CUHK Business School in the 2023-24 academic year. Before joining the School, Nelson was the Head of Research at Jones Lang LaSalle HKG, a property consultant firm, in 2019-23. In 2006-18, he was a Portfolio Manager at CBRE Clarion Securities’ Asia-Pacific research team, primarily responsible for the evaluation of listed real estate companies and taking part in asset allocation decisions. Prior to that, Nelson worked in various real estate research and analyst positions at Deutsche Bank, Morgan Stanley and Jones Lang LaSalle. His career in Hong Kong dated back to 1995-97 when he taught at the Economics Department at CUHK.

Teaching Areas

Real Estate Investment and Finance

  • Academic/Professional Services
    • Head of Research, JLL HKG 2019-2023
    • EPRA/NAREIT Asia Index sub-committee member 2014-2018
    • Portfolio Manager, Responsible Officer, CBRE Clarion Securities HKG 2006-2018

Su, Yang(蘇陽)

Biography

Prof. Su is an Assistant Professor of Finance at the Chinese University of Hong Kong Business School.

His main research interests include public finance, real estate, banking and Chinese financial markets. In his current research agenda, he focuses on municipal finance and the interactions between government financing behaviors, real estate market and the real economy. Prof. Su is also interested in the information and moral hazard issues in the banking industry.

Teaching Areas

Derivatives

Research Interests

Municipal Finance
Real Estate
Banking
Chinese Financial Markets

  • Awards & Honours
    • Bradley Fellowship, University of Chicago, 2023
    • Liew Fama-Miller Fellowship, University of Chicago, 2020&2019
    • Gold Medal in the 51 China Mathematics Olympics, China, 2010

Cheung, Leong(張亮)

Chapter Honoree_Leong Cheung

Biography

Professor Leong Cheung is currently the Chief Strategy Officer in the Exchange Fund Investment Office of the Hong Kong Monetary Authority. He was the Executive Director of Charities & Community at The Hong Kong Jockey Club (HKJC) from 2014 to 2022. In this capacity, he co-founded and served as the co-chair of the Hong Kong Chapter of the United Nations’ Sustainable Development Solutions Network.

Prior to joining the HKJC, Professor Cheung was the Operating Partner of Bain Capital. Before that, he was the Managing Director of Global Sourcing & Supply Chain at Esquel Group, the founder and CEO of an education focused internet venture, and a senior consultant at the Boston Consulting Group.

Professor Cheung is active in the community. He is the co-founder of RunOurCity, an innovative social enterprise with the aim of transforming life through running. He currently serves as the chairperson of the HKSAR Government’s Committee on Reduction of Salt and Sugar in Food. He is an Advisor of Our Hong Kong Foundation, former independent Director of Kerry Properties (HKSE 0683) and the Hong Kong Mortgage Corporation Limited. He was a Council and Court (Deputy Chairman) member of the Lingnan University.

Professor Cheung graduated from The Chinese University of Hong Kong with a Bachelor of Business Administration and obtained a Master of Business Administration from the Harvard Business School.

Teaching Areas

Strategy
Philanthropy

Research Interests

Philanthropy
ESG

  • Awards & Honours
    • Chapter Honoree, Beta Gamma Sigma CUHK Chapter, 2022
    • Honorary Fellowship, Lingnan University, 2019
  • Academic/Professional Services

    Professional/Public Services

    • Independent Non-Executive Director, Kerry Properties Limited, 2022-Present
    • Chairman, Committee on Reduction of Salt and Sugar in Food, 2020-Present
    • Non-Executive Director & Audit Committee Chairman, HKMC Annuity Limited, 2017-2022
    • Non-Executive Director, Hong Kong Mortgage Corporation Limited, 2016-2022
    • Member, Elderly Commission, 2015-2021
    • Member, Hong Kong Quality Migrant Admission Scheme Advisory Committee, Jul 2010-Jun 2016

    Community Services

    • Co-founder/Chairman, RunOurCity, 2021
    • Founding Director & Honorary Advisor, Social Venture Hong Kong, 2007-2021
    • Trustee, Esquel-Y.L.Yang Education Foundation, 2022-2013

    Academic Services

    • Adjunct Professor, Chinese University of Hong Kong, 2015-2020
    • Adjunct Professor, Chinese University of Hong Kong and Hong Kong Polytechnic University, 2014-2017
    • Deputy Chairman, Court of Lingnan University, Aug 2013-Aug 2014
    • Council & Court member, Lingnan University, Oct 2009-Aug 2014

Yang, Liuming(楊柳明)

Biography

Professor Liuming Yang is currently an Assistant Professor in Real Estate Finance at the School of Hotel and Tourism Management at The Chinese University of Hong Kong Business School. He received PhD in Business Administration from Georgia State University, MSc and BS in Finance from Wuhan University. His research focuses on Real Estate Finance, Household and Corporate Finance, Urban and Regional Economics, and Financial Technology.

Teaching Areas

Real Estate

Research Interests

Real Estate Finance
Household Finance
Behavioral Finance
Financial Intermediary

Fung, Kin-keung(馮建強)

Biography

Mr. Fung is currently Chairman of Greater China at Jones Lang LaSalle (JLL). He was previously the Chief Executive Officer for Greater China at JLL, where he was responsible for the strategic direction of a business with more than 20,000 employees in 16 corporate offices. He first joined JLL back in 1984, after graduating from the University of Aberdeen with a degree in Land Economics.

In 2003, he was appointed Head of Retail, overseeing the consultancy and marketing of retail premises across Hong Kong, Macau, and mainland China while also serving as Managing Director for Hong Kong. He chairs JLL’s Greater China Executive Leadership Committee. He is also a member of JLL’s Asia Pacific Executive Board.

In 2009, Mr. Fung was appointed to lead the Greater China business and has spent the last decade solidifying JLL’s leadership in China. Under his leadership, the company has opened six new offices across the region, developed new online businesses, and forged stronger relations with both large corporations as well as city government authorities.

Since 2019, he chairs JLL’s Greater China Executive Leadership Committee as CEO and serves as a member of JLL’s Asia Pacific Executive Board. Since then, he has spent the last decade solidifying JLL’s leadership in China.

Mr. Fung cares deeply about social issues and is a key stakeholder in JLL’s Building a Better Tomorrow programme, the firm’s global sustainability initiative. He also has a passion for education, serving as both a member of the Advisory Committee on Hotel and Tourism Management and as a mentor of the Undergraduate Mentorship Programme at the Chinese University of Hong Kong Business School.

Teaching Areas

Real Estate

Tsang, Desmond(曾德銘)

Biography

Professor Desmond Tsang is an Associate Professor of Real Estate at the School of Hotel and Tourism Management at CUHK Business School. He also serves as a Co-Director of the Centre for Hospitality and Real Estate Research. He obtained his PhD from University of California at Berkeley majoring in real estate and accounting. His research in real estate specialises in Real Estate Investment Trusts (REITs), Firm Location, and Chinese Real Estate Market. His research interests in accounting include Corporate Governance, Earnings Management, and Financial Reporting Fraud. Professor Tsang has published in top journals such as Management Science, Review of Accounting Studies, Real Estate Economics, Journal of Real Estate Research and Journal of Real Estate Finance and Economics. Professor Tsang teaches real estate at the undergraduate, masters, and doctoral levels at CUHK. Professor Tsang has provided extensive services to the academic profession and the industry. He was the president of both the Asian Real Estate Society (AsRES) and the Global Chinese Real Estate Congress (GCREC) for the term 2022-2023. He has hosted the AsRES-GCREC Joint International Real Estate Conference in 2023 and the Asian Association for Investors in Non-Listed Real Estate Vehicles (ANREV) Research Conference in 2024.

Teaching Area

Real Estate

Research Interests

Real Estate Investment Trusts (REITs)
Firm Location
Chinese Real Estate Market
Corporate Governance
Earnings Management
Financial Reporting Fraud

  • Grants
    • Alrov Institute of Real Estate Research, with Maggie Hu and Wayne Wan, $NIS 30,000, 2021-2022
    • CPA Canada – CAAA Financial Accounting, Assurance & Tax Research Grant, with Ming Liu and Jingjing Zhang, $CDN 6,200, 2019-2021
    • CICA/CAAA Research Grant, with Jing Zhang, $CDN 6,500, 2012-2015
    • Li Ka Shing Foundation Faculty Exchange Awards, $CDN 10,000, 2015
    • FQRSC Research Grant, $CDN 36,256, 2010-2013
    • Real Property Association of Canada (RealPac) Research Grant, with Steve Fortin, $CDN 10,000, 2006
  • Awards & Honours

    Research

    • Best Paper Award (First Class), AsRES-GCREC Joint International Real Estate Conference, 2023
    • Academy of Finance Best in Track Award in Real Estate, Academy of Finance Conference, 2021
    • Journal of Real Estate Portfolio Management Red Pen Award (for excellence in the review of articles), American Real Estate Society (ARES) Meeting, 2018
    • Best Paper Award on Innovative Thinking Out of the Box, American Real Estate Society (ARES) Meeting, 2017
    • Aareal Award of Excellence in Real Estate Research, Real Estate Management Institute and Aareal Bank AG, 2015
    • Homer Hoyt/ Weimer School of Advanced Studies in Real Estate and Land Economics Post-Doctoral Honoree, 2015
    • Best Paper Award on Real Estate Investment Trusts, American Real Estate Society (ARES) Meeting, 2013
    • Best Paper Award, Global Chinese Real Estate Congress (GCREC) Conference, 2011
    • Best Paper Award, Asian Real Estate Society (AsRES) Annual Meeting, 2010
    • Best Paper Award, Global Chinese Real Estate Congress (GCREC) Conference, 2010
    • Best Research Paper Award on REIT Analysis, National Association of Real Estate Investment Trusts (NAREIT) and Baruch College (CUNY), 2009
    • Best Paper Award by a New Faculty, American Accounting Association (AAA) Northeast Regional Meeting, 2007

    Teaching

    • Faculty Teaching Merit Award, CUHK, 2021-2022
    • Nominee, BCom Teaching Award for Excellence in Core Teaching, McGill University, 2021
    • Master of Management in Finance (MMF) Teaching Award, McGill University, 2019
    • Desautels Faculty of Management Distinguished Teaching Award, McGill University, 2018
    • RSM Richter Accounting Teaching Fellow, McGill University, 2014-2016
    • Nominee, Principal’s Prize for Excellence in Teaching – Associate Professor (University-Level), McGill University, 2013
    • Management Undergraduate Society’s Professor of the Year Award for implications of students’ lives, McGill University, 2012
    • Desautels Faculty of Management Distinguished Teaching Award, McGill University, 2010
    • Nominee, Principal’s Prize for Excellence in Teaching – Assistant Professor (University-Level), McGill University, 2009
  • Academic/Professional Services

    Academic Organisations

    • President, Asian Real Estate Society (AsRES), 2022-2023
    • President, Global Chinese Real Estate Congress (GCREC), 2022-2023
    • Board of director, International Real Estate Society (IRES), 2022-2025
    • Board of director, Asian Real Estate Society (AsRES), 2018-2025
    • Board of director, Global Chinese Real Estate Congress (GCREC), 2012-present

    Associate Editor

    • Journal of Financial Research, 2018-2023
    • International Real Estate Review, 2020-2023
    • Asia-Pacific Journal of Accounting and Economics, 2013-2025

    Guest Editor (Special Issue: Real Estate & COVID-19)

    • Journal of Risk and Financial Management, 2020-2022

    Editorial Board Member

    • Journal of Real Estate Literature, 2023-present
    • Journal of Real Estate Portfolio Management, 2016-2018
    • Journal of Real Estate (in Chinese), 2013-2016