News and Events

News & Events

5 Sep 2018 "Does the Weighted Voting Rights (WVR) Structure Create Value for Shareholders in the Long Run?" Read more
4 Sep 2018 "Credit Rating Agencies and Accounting Frauds" Read more
18 Apr 2018 Our Students won the Nominated Case Award in 2017 Global Contest for the Best China-Focused Cases Read more
1 Jan 2018 AF Newsletter 2017 Read more

Seminar

25 Feb 2018 TVB Big Big Chanenl Kids Talk: 小智慧 大理財︰用利是錢 教孩子 點理財 Read more

Events

"FinTech Credit, Financial Inclusion and Entrepreneurial Growth"
by Prof. Harald Hau, University of Geneva

 

Date   28 Jun 2018 (Thu)
Time   2:00pm - 3:30pm
Venue   Rm M714, 7/F, Li Ka Shing Tower, PolyU
     
Abstract  

Ant Financial provides automated credit lines to more than a million firms trading on Alibaba’s Taobao e-commerce platform. Monthly credit records show how FinTech mitigates local credit supply frictions in China’s segmented credit market and extends the “frontier” of credit availability to vendors with a low credit score. We use a discontinuity in the credit decision algorithm to document that a firm’s credit approval and first-time online credit use boosts firm development in terms of sales and transaction growth. These findings reveal the scope of China’s credit market frictions and the benefits of new credit technologies in improving credit markets.

 

All are welcome!

 

Public Lecture

 

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