Next Steps


HKUST Business School Faculty Team


is Associate Professor at HKUST. He received his Bachelor of Science, Master of Science, and Ph.D. degrees in Economics from the University of Copenhagen.  Professor Nielsen previously taught at The Chinese University of Hong Kong and Copenhagen Business School, and has been a visiting scholar at Stern School of Business at New York University.

Professor Nielsen’s research interests are corporate governance, entrepreneurial finance, family business, and household finance.  His research has featured in international newspapers and magazines including Business Week, Financial Times, Harvard Business Review, International Herald Tribune, The Economist, The Times of India, and Wall Street Journal.

On his area of expertise Professor Nielsen has served as an external advisor, consultant, and lecturer to government agencies and companies in China, Denmark, and Hong Kong.


Professor Jialin Yu is Associate Professor of Finance at the Hong Kong University of Science and Technology. Before joining HKUST, he was an associate professor at the Graduate School of Business at Columbia University. He has been a visiting associate professor at Princeton University. He holds Ph.D. degree in Economics from Princeton University, and bachelor degree in Economics from Fudan University.


Professor Yus research focuses on investments, behavioral finance, and Asian financial markets. His research articles have been published in the American Economic Review, Journal of Finance, Journal of Financial Economics, among others. His research was cited in the scientific background of the 2013 Nobel Prize in Economic Sciences. His research has received grants and awards from Morgan Stanley, KPMG, Hong Kong government, among others. He has received recognition of excellent teaching and honor in MBA teaching from HKUST.



is Professor of Finance at HKUST. He is also Distinguished Emeritus Professor of Finance at HEC Paris, ranked No. 1 business school in Europe by the Financial Times. He holds an Engineer degree from Polytechnique in Paris and a PhD from MIT. He was on the faculty of the Stanford Business School before joining HEC. He has been a visiting professor at the University of California at Berkeley, UCLA, Université de Genève, University of New South Wales and Todai (University of Tokyo).


He is a former President of the European Finance Association and Director of the American Finance Association. He has written seven books, five in France and two in the USA, including Global Investments, the leading textbook in the field formerly titled International Investments, and translated into Japanese and Chinese. The sixth edition of Global Investments, coauthored by Dennis McLeavey of the CFA Institute, has been used for all three levels of the CFA examination.  He has published some fifty articles in leading finance and economics journals.. He also serves on the board of editors of several major finance journals in America, Europe and Asia.


Professor Solnik has served on the Council for Education and Research of the CFA Institute and on its Research Foundation. He has received many prizes, including two Graham & Dodd Awards for Excellence by the Financial Analysts Journal, The "Finance Award of the Year" at the 1998 Interlaken Finance Symposium, and the Nicholas Molodovsky Award, presented by the CFA Institute Board of Governors on May 22, 1999. "This award is given periodically only to those individuals who have made outstanding contributions of such significance as to change the direction of the profession and to raise it to higher standards of accomplishment". He is a Knight in the Order of the Legion of Honor.


Professor Solnik is a frequent keynote speaker to professional conferences organized by institutional investors, asset managers and consultants. His expertise has been called upon by many pension funds, foundations and central banks, in Europe, the USA and Asia, to assist them in structuring their asset management efforts. Among others, he advised the pension plans of Royal Dutch/Shell and Calsters, and the Nobel Foundation. He has also advised numerous asset management companies worldwide. He sat on the investment committee of UBS Global Asset Management. Since 2004, he is one of the four members of the Investment Management Advisory Council of Zurich Insurance Group, a major global insurer managing a portfolio over US$200 billion.  He is investment advisor to EDF, a large European utility firm. He serves, or has served, on the board of directors of listed companies (bank, asset manager and security firm), mutual funds, exchange traded funds and hedge funds.


is Professor of Finance at HKUST. He received his Master in Business Administration from the University of Delhi and a Doctor of Philosophy in Finance from the University of Pittsburgh where he was a Research Fellow at the ‘Center for the Study of Contracts and the Structure of Enterprise’.

Professor Goyal’s research interests are in empirical corporate finance, with an emphasis on capital structure and corporate governance. His research papers have been published in the Journal of Finance, Journal of Financial Economics, Journal of Business, Journal of Financial Intermediation, Finance Research Letters, Journal of Corporate Finance and the Pacific Basin Finance Journal. He has extensive teaching experience and won numerous teaching awards including the Michael G. Gale Gold Medal for Distinguished teaching, the Franklin Prize for teaching excellence and the best MBA core teacher award.


is Associate Professor of Business Education at HKUST and the Project Director for the HKUST-NYU Stern MSc in Global Finance.  She received her MSc in Business Management from HEC and Masters in International Law from La Sorbonne.


Professor Lafon-Vinais is a seasoned market professional with over 20 years of banking and capital markets experience. Her extensive experience included loan syndications and assets sales (par and distressed debt), money markets, debt capital markets (including derivatives structured products distribution) and structured, trade and project in all the major financial markets in Europe, North America and Asia


A loans and syndications specialist, Professor Lafon-Vinais developed the secondary market for loans at First Chicago in London and was involved in the development of the EMTN market at its inception. She arranged and syndicated plain vanilla and structured transactions in Europe, the US and Asia for sovereign, public and corporate entities including the Kingdom of Spain, Republic of Ireland, ICO, ARCO Chemicals, Sinopec, COSCO, Cathay Pacific, FECSA, Endesa, Motorola and numerous financial institutions.


is a professor teaching at HKUST and the managing partner of XL Partners. He has predicted the 2008 financial crisis, the 2009 market turnaround, and the major macro events afterwards. He has also predicted the quant debacle in 2008, momentum reversal in 2009, and recommended effective remedies. He has worked for Acadian Asset Management and State Street Global Advisors as portfolio manager and senior researcher, spoken at various industry events, taught at various top ranked MBA programs, and been invited to consult with CIC, Value Partners, and other organizations and individuals. He has published in top academic and practitioner journals and won various research awards from academic and practitioner associations. Professor Li has a M.A. in Economics from Tulane and a Ph.D. in finance from Vanderbilt.