Practitioners, Regulators and Researchers Discuss Big Data and FinTech Challenges at Asia’s First Summit of Unsolved Problems
Hosted by The Chinese University of Hong Kong (CUHK) Business School’s Hong Kong-Shenzhen Finance Research Centre, The Summit of Unsolved Problems (SOUP) was held on 7 May 2021 at CUHK Business School, Shenzhen Finance Institute and online simultaneously.
The first of its kind in Asia, the SOUP provides a remarkable platform for researchers, regulators and practitioners to have in-depth, secure, and confidential/private sessions to jointly address challenging business issues. It allows original ideas and academic expertise of researchers to meet unsolved problems in industries, with an ultimate goal to help firms solve business problems and researchers generate real social impact.
In the morning, an open session was held where researchers, practitioners and regulators discussed key economic issues in the Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area). Prof. Lin Zhou, Dean of CUHK Business School and Choh-Ming Li Professor of Economics, as well as Prof. Wei Xiong, Academic Dean of the School of Management and Economics at CUHK-Shenzhen, and Academic Director of Shenzhen Finance Institute, jointly welcomed guests and distinguished speakers to join the Summit. Prof. Michael Zhang, Co-Director of Hong Kong-Shenzhen Finance Research Centre and Associate Dean (Innovation and Impact) at CUHK Business School, introduced the Hong Kong-Shenzhen Finance Research Centre and its recent research projects and developments. Closed-door sessions were organised in the afternoon where researchers had private meetings with practitioners to discuss specific questions facing in their business operations and explore potential opportunities for collaborations. Among the large number of questions submitted by practitioners, the SOUP committee cherrypicked 13 of them that were pressing, interesting and important for further studies.
Themed “Big Data and Financial Technology,” the Summit was attended by over 200 guests from Hong Kong and Shenzhen online and offline, including prominent speakers Mr. Nelson Chow, Chief Fintech Officer of The Hong Kong Monetary Authority; Dr. Wong Chun Hong, President of The Hong Kong Real Property Federation; Prof. Tao Shu, Co-Director of Hong Kong-Shenzhen Finance Research Centre, Associate Director of Shenzhen Finance Institute, Presidential Chair Professor of CUHK-Shenzhen, and Director of Government Big Data Lab, Shenzhen Research Institute of Big Data; Prof. Chunrong Ai, Presidential Chair Professor of CUHK-Shenzhen and Co-director of FEMBA/EDP Programme, Shenzhen Finance Institute; Mr. Andrew Xu, Global Vice President of General Manager of Customer Engagement & Experience, Greater China, SAP; and Dr. Gong Chen, CEO and Co-Founder of Shenzhen MileBot Robotics Co., Ltd.