Bulletin No. 1, 2015

22   Chinese University Bulletin No. 1, 2015 Ms. Chen Wai-wai Vivien is the chairman and managing director of Nan Fung Group as well as the founder and president of her own foundation, The Chen Wai Wai Vivien Foundation Limited. Ms. Chen is a staunch supporter of CUHK. Through her own foundation and The D. H. Chen Foundation, she has made substantial donations to support the development of Shaw College and Lee Woo Sing College, as well as numerous research projects and educational activities in Chinese medicine, mood disorders, eating disorders and therapeutic physical mental exercise. The University conferred upon Ms. Chen the degree of Doctor of Social Science, honoris causa , for her remarkable contributions to the economic development of Hong Kong and the community. Dr. Joseph Koo is a respected composer and music director of Cantopop. Over the past few decades, Dr. Koo has composed over 1,200 songs, many of which became Cantopop classics. His works changed the Hong Kong music scene in the 1970s, when popular music was dominated by adaptations of foreign songs. Dr. Koo was made a Member of the Most Excellent Order of the British Empire and was also awarded the Bronze Bauhinia Star by the HKSAR Government. The University conferred upon Dr. Koo the degree of Doctor of Social Science, honoris causa , for his influence on Cantopop and his contributions to the Hong Kong music industry. Renowned economist Prof. Lawrence Juen-yee Lau is Ralph and Claire Landau Professor of Economics of the Institute of Global Economics and Finance at CUHK. Professor Lau developed one of the first econometric models of China in 1966. Serving as Vice-Chancellor of CUHK from 2004 to 2010, he made notable contributions to the University, including the establishment of five new Colleges to accommodate an additional 3,000 undergraduate students as the University reverted to a four-year curriculum. He also led the University in formulating a 10-year Strategic Plan and identified five academic areas for focused research investment. In recognition of his academic achievements in economics and important contributions to CUHK, the University conferred upon Professor Lau the degree of Doctor of Laws, honoris causa . Prof. Robert C. Merton is currently the School of Management Distinguished Professor of Finance at the MIT Sloan School of Management, University Professor Emeritus at Harvard University and Resident Scientist at Dimensional Holdings, Inc. Professor Merton received the Nobel Prize in Economic Sciences in 1997 for a new method to determine the value of derivatives. His research focuses on finance theory including lifecycle finance, optimal intertemporal portfolio selection, capital asset pricing, pricing of options, risky corporate debt, and loan guarantees. The University conferred upon Professor Merton the degree of Doctor of Science, honoris causa , in recognition of his significant contributions in the field of economic sciences and finance.