The Bauhinia Foundation Research Centre shares research reports, occasional papers and weekly analyses on topical matters and current affairs in a timely manner. Want to stay connected with us? Please enter your email address.
As the COVID-19 continues to weigh on the local economy, the youth unemployment rate has been soaring over the past year. Regardless of the economic uncertainty, the younger generation, whose sources of income and consumption patterns are different from the older generation, are more likely to face the challenge of saving money on a tight budget. In recent years, pocket money apps for children have gained popularity and some countries have introduced financial education to school curriculum. Can these ideas help Hong Kong young generation improve their financial literacy?
One of the main responsibilities of independent directors of listed companies is to ensure that decisions of the Board of Directors are made in the best interest of all shareholders. However, the existing independent director system has been criticised as being a 'flower vase'. This article analyses opinions of industry practitioners to shed light on the improvement of the system.
Hong Kong enterprises often claim that a lack of digital talent hampers digital transformation. However, with the rise of low-code and no-code development platforms in foreign countries, people can now develop applications with low or even no code. This article explores the impact of these platforms on the programming industry, business operations, and the atmosphere of learning programming for all.
Hong Kong's tourism industry development has already undergone a bottleneck long before the epidemic. Unless there is a breakthrough innovation, the industry will lose its competitiveness gradually. To step forward, Hong Kong should review its position as a ‘shoppers’ paradise’.
Online influencers, also known as KOLs, have become a magnet for advertisers in recent years. However, some KOLs promote products through sharing so-called ‘user experience’ with followers, concealing the fact that they got paid or sponsored. Some countries like the United Kingdom, the United States and South Korea have strengthened regulations of influencers’ endorsement. Should Hong Kong follow suit?
Affected by the continuous COVID-19 pandemic, schools had to suspend face-to-face classes on and off, which disrupted the learning progress of students citywide. The Hong Kong Examinations and Assessment Authority (HKEAA) has thus decided to make special arrangements in the coming Diploma of Secondary Education Examination (DSE). In the U.K., public exams were cancelled due to the pandemic and the exam authority used algorithm to estimate students’ grades. Unfortunately, nearly 40% results were downgraded and sparked a storm of protests. What can the HKEAA learn from the U.K.’s experience?