Congratulations! CityU students excel in China National College Students Competition on Energy Economics

The final of the 12th China National College Students Competition on Energy Economics, hosted by Chinese Society of Optimization, Overall Planning and Economical Mathematics (CSOOPEM) and organized by its Low-Carbon Development Management Committee was recently held. Students from the Faculty of Finance (FOF) at City University of Macau (CityU) excelled in this competition, winning one national third prize, as well as one first prize and one third prize in the Guangdong-Hong Kong-Macao regional contest.
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Among them, CityU team composing FOF students Chen Haojie, Zhong Yixin, Pu Kexin and Li Yihao, supervised by Associate Professor Li Weiping, won the first prize in the Guangdong-Hong Kong-Macao regional contest and the national third prize with their work on “how does climate transition pressure reshape corporate supplier configuration strategies? Natural experimental evidence from climate-adaptive city pilots”. This research takes the climate-adaptive city pilot policy as a quasi-natural experiments, focusing on the adjustment of corporate supply chain strategies in the context of climate transition, and systematically analyzes the mechanisms on climate transition pressure affecting firms’ supplier configuration strategies. The research findings not only enrich the literature in climate economics and supply chain management but also provide important references for enterprises in formulating green transition strategies and enhancing supply chain resilience.
In addition, team composing the FOF students Sun Bingbing and Hou Xiaozhe, supervised by Assistant Professor Li Di, won the third prize in the Guangdong-Hong Kong-Macao regional contest with their work “hedging of new energy metals”. This research focuses the price volatility of clean metals against the backdrop of the rapid development of the new energy industry, using assets such as the US dollars, gold, crude oil, and green bonds as hedging tools, and systematically analyzing the hedging effectiveness of different assets across various market conditions. The findings provide valuable references for investors in asset allocation, risk management, and policy formulation.
In recent years, CityU FOF has placed great emphasis on cultivating students’ scientific research and innovation capabilities, encouraging them to participate in high-end academic competitions and scientific research practical activities. FOF adheres to a balance between theoretical teaching and practical innovation, and guides students to focus on national strategic needs and real-world issues in economic and social development, making new progress in field such as green finance, sustainable development and digital economy. These awards not only demonstrate the strong academic literacy and innovation of the students, but also highlight the Faculty’s impressive achievements in cultivating high-caliber finance talent with global vision, innovative awareness and research capability.
Source: Faculty of Finance