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HKUST Appoints New Head of Finance

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Office of Public Affairs

TECHNOLOGY

Tel: (852) 358 63 16 Fax: (852) 358 0537

For Immediate Release 22 November 1994

HKUST Appoints New Head of Finance

A Hong Kong born finance specialist, Professor K.C. Chan, has been appointed Head of the Department of Finance at the Hong Kong University of Science and Technology in early August. Professor Ghan joined the Department as a Reader in 1993.

Best known for his research on the pricing of risky assets and the

performance of different stock market trading strategies, Professor Chan’s current research interests are in the efficiency of financial markets, the costs of trading and market making in different markets, and the correlation structure among stocks.

“I’d like to continue the very successful faculty recruitment the

Department has done so far,” Professor Chan says of his new appointment. “I would also like the Department to build stronger links with the business community, and to become a centre for financial research related to Hong Kong and other Asian markets.”

Prior to joining the HKUST faculty in 1993, he was Associate Professor of Finance and Director of the Finance PhD programme at Ohio State University.

Professor Chan received both his MBA and PhD in finance from the University of Chicago.

Note to Editors:

(Please direct enquiries to the Office of Public Affairs at 358 6320 or pager 1163388 call 2652)

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