The Fung family’s philanthropic spirit drives academic excellence at CUHK Business School

The event was graced by the presence of Mr Tony Fung, the generous donor of the Fung King Hey Memorial Professorship in Finance, established in memory of his late father, Mr Fung King Hey, alongside his numerous other contributions to CUHK. Taking business education close to his heart and carrying on the philanthropic legacy of his late father, Mr Fung has been a longstanding supporter of the School. Sharing his vision behind the benevolent endeavour, he said, “I hope that this professorship would serve as a beacon of excellence in finance research and education, empowering future business leaders who are poised to contribute to the betterment of our society.”

In the vote of thanks, Professor Rocky Tuan, CUHK Vice-Chancellor and President, expressed his deep gratitude to Mr Fung and his family for their unwavering support for the development of CUHK over the years. He said, “Their generous donations have significantly enhanced our campus facilities, academic programmes and innovative research initiatives, opening up numerous opportunities for the University to pursue excellence in education, research and innovation with purpose and responsibility.”

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Professor Rocky Tuan, CUHK Vice-Chancellor and President, expressed deepest gratitude to Mr Fung and his family for their steadfast commitment to the development of CUHK over the years

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Professor Zhou Lin, dean of CUHK Business School, commended Professor Shu for his exceptional achievements and invaluable contributions to the field of finance

Professor Zhou Lin, dean of CUHK Business School, also extended heartfelt gratitude to Mr Fung for his generosity and support to the School. He commended Professor Shu for his remarkable achievements and invaluable contributions to the field of finance and said, “I am confident that Professor Shu will continue his endeavours in advancing research and nurturing business leaders in the field of finance, contributing to the future development of Hong Kong, the Greater Bay Area and beyond.”

The inaugural lecture, themed “Frictions and Biases in the Financial Markets”, delved into the concept of information asymmetry, a major friction within financial markets. Professor Shu explained the consequences of behavioural biases on economic agents within the financial world. He also expressed his heartfelt appreciation for the unwavering support of his family, academic and administrative colleagues, and the School. The full record of the lecture is available here.

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Professor Shu presented an inaugural lecture with the theme of "Frictions and Biases in the Financial Markets"

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Professor Shu presented an inaugural lecture with the theme of "Frictions and Biases in the Financial Markets"

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Professor Shu presented an inaugural lecture with the theme of "Frictions and Biases in the Financial Markets"