Bulletin Autumn‧Winter 2006

News in Brief 61 Student Achievements Business Students Win International Local Challenge • Four undergraduate business students beat their opponents from top universities worldwide to win The International Business Challenge 2006 with their ‘Blue Ocean Strategy’. Founded by the Undergraduate Management Consulting Association, the participants of the event were requested to develop a marketing strategy to help Netcast HD, a newly developed internet-based entertainment network that delivers high-definition multimedia solutions, to promote itself and increase its market share. The CUHK team proposed a strategic management concept advising Netcast • Three Year 2 undergraduate students of theProfessionalAccountancyProgramme beat 100 students from nine Hong Kong and overseas universities towin theHong Kong Society Retirement Plan Research Competition organized by ET Business College on 9 December 2006. The winning team fromCUHK, Synergy, proposed a universal retirement plan and a reform in the long-term financing arrangement of health care. Their proposal addressed low-income seniors with huge medical expenses and little MPF savings. • A team of four Quantitative Finance (QFN) students became the champion of the University Investment Research Competition hosted by the Hong Kong Society of Financial Analysts Ltd. The competition, held between September to November 2006, required each participating team to conduct thorough investment research on a listed company. The CUHK team was assigned Lenovo Group Ltd. and they HD to develop innovative ideas for captur- ing untapped markets with huge potential. The CUHK team: (from left) Grace Chan, Winnie Yeung, Jacky Lui, and Raymond Hung The CUHK team: (from left) Li Ka Ying Tiffany, Tsang Wing Pong Vincent, and Ling Yin Wan Kitty The CUHK team: (from left) Vienna Lee, James Lam, Kristy Choy, Andy Yiu and the guest speaker Mr. David Webb (middle), independent non-executive director of the Hong Kong Exchanges and Clearing Limited had to submit a written research report and conduct a Powerpoint presentation to the judging panel within four weeks.