How will US-China Tech Decoupling impact #MNCs and TECH #startups in #HongKong & #MainlandChina? #AMCHAM has organized a panel discussion today on this hot topic. Alex Capri #HinrichFoundation Dan Wang #GavekaiDragonomics and I were the panel speakers. Thanks for Margaret Loo David Chao AMCHAM.
We talked about the impact on global supply chain, feasibility of the #TechDecoupling, #semiconductor & #AI competitions, Chinese talents in the US, university collaboration, offshoring tech..
I have shared my views on how our HK startups can deal with this challenge. What did we learn from the 9 HK #unicorns?
1. Accelerate our biz to ASEAN & mainland China particularly the Greater Bay, not just HK
2. Set up an international team with leaders & staff in foreign countries
3. Look for partnership & investment from the companies in the just-born Hang Seng Internet and Information Technology Index #HSIII
4. Focus more on business model innovation as we have the market scale with lots of pain points
5. Speed up #DeepTech R&D with universities in HK and funding from the mainland
It is challenging time for our startups for sure. #Cyberport, #HKSTP & many ecosystem stakeholders are offering programs and fundings to our startups to overcome this challenging time. We shall overcome.
“Can traditional enterprises stay competitive in the Age of AI?” & “Can we stay ahead of the curve in the Age of AI?”. These are the two key questions that today’s business leaders, executives & professionals in traditional & even technology companies are asking themselves.
My #CUHK #BusinessSchool #APIB teammates & I have put together a 2 days executive education program “The Power Duo of AI and Big Data”. It aims to answer the 2 key questions above. Find out more here.
The format of the program is a combination of lectures, case studies, group discussion, demo and hands-on, fireside chats with top business executives and AI leaders from corporates, #startups & #SMEs.
“Keep #Learning” or “#Reskilling” is one of the smartest ways to spend our time under the #Covid19. Good news is that this program is supported by the HK government #RTTP scheme. Participants may apply for the funding support & will pay only 1/3 of the fee.
The schedule is set on Aug 19 and 20, 2020. Hopefully it can be delivered in our campus classroom but it is also ready for a hybrid mode of campus and online Zoom. See you there.
#AI #BigData #DigitalTransformation
Just completed teaching our #CUHK #MBA AI and Machine Learning Applications in #FinancialServices course tonight. I was impressed by our students’ final project presentations. The theme was how financial services incumbents or FinTech start-ups made use of AI and ML. Our students chose #Citi, #HangSengBank, #JD, #SenseTime and #WeChat for their group projects. Well done, teams.
I would like to thank all guest speakers Vivek Mohindra 默威克 Tim Leung George Lee Medhy Souidi and Jacob Wai 韋達人, LLM, MBA, FRM, FCMA, MHKCS to share their experience on how AI applied to #BankTech #WealthTech #InsurTech #PayTech #RegTech #LendTech. Special thank to Professor Kalok Chan to bring me this great opportunity to teach this program.
We have studied not just AI #technologies but also #BusinessModel and #Innovation of leaders like #Tencent #DBS #HSBC #MasterCard #KristalAI #Lemonade #Wealthfront #LendingClub #WeLab #Cuvva #CCB #PingAn #AntFinancial and more.
We have done this course twice already. Students of last cohort were great as well.
More students enrolled this year with a hybrid of classroom and Zoom participation. Keep positive and keep learning about #DigitalTransformation #FinTech, #AI, #BigData and #MachineLearning even under the #Covid19.
How do we bounce back from the #Covid19? #Digital leaders and experts from different domains will share their experience on how #DigitalTransformation can build #Resiliency for companies especially #SMB #SME to bounce back from this unprecedented #crisis. It will further strengthen SME’s knowledge on how to make use the #DBiz D-Biz Scheme from #ITB to seize business opportunities in #DigitalEconomy.
I will share a topic on #AI Resiliency. Will explore how AI #innovation and #technology empower companies and individuals to overcome chaos arisen and seize opportunities evolved. More importantly, how we better equip and prepare ourselves for current and future unforseeable challenges.
The webinar will be on Jul 7, 2020 from 2:30pm to 5pm. Please find out more from this link.
Thanks for Hong Kong Retail Technology Industry Association #RTIA Vincent So Henry Yeung and #ETNET #經濟通 See Salome Ada Chow of #HongKongEconomicTimes #HKET #經濟日報 Group and #香港中小型企業總商會 #HKGCSMB to organize this knowledge sharing webinar. See you there.
It has been a year since I taught my favorite subject for #CUHK #MBA – Applications of #AI & #MachineLearning in #FinancialServices. I remember how engaged my MBA students like Daniel Lee Carmen Pan Olivia Saha & others were to learn about the subject. They did a few group projects on #PingAn #WeBank #DBS #HKEx impressively. Appreciate all guest speakers Wing Cheung Tim Chan, MBA, FLMI, Bianca Ho, Jacob Wai 韋達人, LLM, MBA, FRM, CMA, MHKCS & Tim Leung to share their practical experience. My students loved this part very much.
A new cohort will start next week. Thanks for Grace Liang‘s & her team’s support to make it happened under the #Covid19. We received great interest & enrollment for this class. Will share the latest AI #innovations on #WealthTech #LendTech #BankTech #PayTech #InsurTech #RegTech & #MarketIntelligence. Again I have invited seasoned #FinTech, AI & #BigData #entrepreneurs & innovators from incumbents & #startups to share their experience. Thanks in advance for Vivek Mohindra 默威克 #KristalAI, Medhy Souidi #DBS, Tim Leung #Tencent, Jacob Wai 韋達人, LLM, MBA, FRM, CMA, MHKCS #Fitch, George Lee #Mastercard & Calvin Cheng, CFA #Wizpresso.
Look forward to another great learning journey with my #CUHKMBA students & guest speakers on AI in financial services.
Digital Leadership Training Series:
The Power Duo of AI & Big Data
Artificial Intelligence (AI) is only possible with big data, because we need a tremendous amount of data to “teach” or “train” AI systems. As its name suggests, AI has a form of intelligence of its own. It figures out which rules to follow based on the data that we feed them.
WHAT IS THE POWER DUO OF AI & BIG DATA?
An AI application doesn’t just do what it’s been programmed to do. AI can go further than that. It responds to changing information and makes adjustment based on what it learns as it goes along. AI differs from supercomputers and other systems with powerful computing capabilities in one important way. AI systems are capable of not just computing, but actual learning — machine learning. The more data you give these machine learning networks and the more computational capability you give them, the better the result becomes because the results of previous machine-learning exercises can be fed back into the algorithms.
Macao has been cultivating the Specialised Finance for the last few years. With the new government administration on board, a few exciting Financial Services initiatives are being explored and will soon be launched. AI is inevitably one of the key FinTech areas that Macao needs to support the Macao CE’s vision to transform Macao into a Digital Macao.
I am going to deliver a webinar on AI for Financial Services for the Faculty of Finance, the City University of Macau on May 14, 2020. Financial institutions and Financial Technologies (FinTech) startups are using AI and Machine Learning methods to assess credit quality, to price and market insurance contracts, and to automate client interaction. Some of these companies are optimising scarce capital with AI and machine learning techniques, as well as back-testing models and analysing the market impact of trading large positions. Financial services companies are using these technologies for regulatory compliance, surveillance, data quality assessment, and fraud detection. I will explore more on the webinar.
Here are more information for the webinar: https://lnkd.in/g6YArVm
Contact me if you would like to know more about Macao and explore more opportunities in Macao.
Industrialists, Bankers, Retailers & Entrepreneurs joined hands to share how to deal with and bounce back from the Coronavirus / Covid19. I joined 2 online forums as panel speakers today with the same theme i.e. how to bound back from the downturn due to the Pandemic. The 1st one focused on retailers while the 2nd one was on industrialists, startups & entrepreneurs.
I had a fruitful discussion with Chow Tai Fook’s Kent Wong & Quentin Wong and HKMA’s Dr. Victor Lee on the impact of AI, Platform, Gamification and more on the retail industry. I also learned a lot from YaTa’s Susanna Wong, Fortress’ Clarice Au, and HKRMA’s Mary Suen. Susanna made a great point. She said, “2 things that we must invest”. 1st is engagement with colleagues & 2nd is technology. These investments were well justified & paid off as it helped them overcome this challenging period. The 3 leaders also shared about the unprecedented challenges on Logistics, Agility, Staff Skills, Customer Expectation & how to deal with them. Excellent sharing.
I also had an insightful exchange with FHKI’s Dr. Daniel Yip, Startup Council’s Jason Chiu & Bryant Chan, and HSBC’s Daniel Chan on opportunities & challenges for startups & opportunities in HK, GBA, SEA & Reindustrialization. Stay tuned for the upcoming DemoFest.