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KC Chan

From Alfawiki
Chan Ka Keung Ceajer
Born (1957-02-10) February 10, 1957 (age 69)
Hong Kong
Other namesKC Chan
Occupation(s)Economist, politician, academic
Known forSecretary for Financial Services and the Treasury (Hong Kong)
Notable work"Global financial markets and the risk premium on U.S. equity", "An exploratory investigation of the firm size effect"

Chan Ka Keung Ceajer (, born 10 February 1957), widely recognized as KC Chan, is an economist and politician from Hong Kong who formerly held the position of Secretary for Financial Services and the Treasury. In this role, he also served as the ex officio chairman of the Kowloon-Canton Railway Corporation and was an ex officio board member of Hong Kong International Theme Parks. After concluding his government tenure in 2017, Chan returned to the Hong Kong University of Science and Technology and currently leads WeLab Bank, a digital banking institution based in Hong Kong.

Education

Chan completed his undergraduate studies in economics at Wesleyan University. He then pursued advanced degrees at the University of Chicago, earning both an MBA and a PhD specializing in finance.

Career

Before entering public office, Chan spent nine years teaching at the Max M. Fisher College of Business at Ohio State University. In 1993, he was appointed Dean of the HKUST Business School and took on the role of Professor of Finance at the Hong Kong University of Science and Technology.

His public service experience includes chairing the Consumer Council, serving as a director on the board of the Hong Kong Futures Exchange, and participating as a member of the Exchange Fund Advisory Committee.

On 1 July 2007, under Chief Executive Donald Tsang’s administration, Chan was named Secretary for Financial Services and the Treasury. During his tenure, he addressed significant issues such as:

  • Steering Hong Kong through the 2008 global financial turmoil while preserving market confidence.
  • Introducing regulatory enhancements to boost market stability and comply with global best practices.
  • Establishing Hong Kong as an offshore Renminbi (RMB) hub by creating necessary infrastructure and regulatory measures.
  • Advancing financial connectivity with Mainland China within the “One Country, Two Systems” framework, including projects like the Hong Kong-Shanghai Stock Connect.
  • Fostering fintech development amid rapid technological progress, while safeguarding cybersecurity and protecting investors.

List of publications

  • Chan, K.C., Karolyi, G.A. & Stulz, R.M., "Global financial markets and the risk premium on U.S. equity", Journal of Financial Economics 32 (2), 1992, pp. 137–167
  • Chan, K.C., Chen, N. & Hsieh, D.A., "An exploratory investigation of the firm size effect", Journal of Financial Economics 14 (3), 1985, pp. 451–47

External links