Biographical Notes
Acknowledgments
Preface

Introduction

1. Household Savings in Hong Kong: A Statistical Analysis
Che-cheong Poon & Tai-Yuen Hon
Introduction
Data and methodology
Results and discussion
Conclusion
References

2. Lucky 13? Does The Singapore Equities Market Move in 13-year Cycles?
Wing-Keung Wong & Lanz Chan
Introduction
Double-vision?
Analysis of cycle
Support from spectrum analysis
Lesson from US stock market
Should we follow cycles in investment?
Discussion
Appendix
References

3. Hedging Hong Kong Stock Sectors with Gold: Multivariate Asymmetric GARCH Approach
Tao Chen & Kai-Yin Woo
Introduntion
Data
Methodology
Emprical results
Conclusion
References

4. Cointegration of the Indian Market with Other National Stock Markets after Financial Tsunami
Hui-Hui Xu, Kai-Yin Woo & Suet-Ching Chak
Introduction
Literature review
Research methodology
Data
Emprical results
Summary
Discussion
References

5. Behavioural Study of Financial Derivatives Investments in Hong Kong
Tai-Yuen Hon, Paul Shum & Wing-Kwong Au
Introduction
Literature review
Research questions and hypotheses
Data and method
Results
Conclusion
References

6. The Discrepancy between the Total Value of Monetary Transactions and GDP in China
Che-cheong Poon & Kai-Yin Woo
Introduction
Theoretical background and formula derivation Applying the Fisher’s exchange equation
Synthesizing Fisher’s equation and Cambridge cash balance equation
Major factors contributing to the discrepancy between the total value of monetary transactions and GDP in China
Conclusion
References

Kai-Yin Woo

Hong Kong Shue Yan University, Hong Kong.

Kai-Yin Woo is working at the Department of Economics and Finance of Hong Kong Shue Yan University. His research interests include economics of finance and applied econometrics. He has published papers in Economics Letters, Applied Economics, Economic Modelling, Journal of Macroeconomics, Journal of Housing Research, Applied Economics Letters, The Chinese Economy, etc.

Wing-Keung Wong 

Asia University, Taiwan.

Professor WONG, Wing-Keung obtained his Ph.D. from the University of Wisconsin-Madison, the USA with a major in Business Statistics (Statistics and Finance) and obtained his Bachelor degree from the Chinese University of Hong Kong, Hong Kong, with a major in Mathematics and a double minor in Economics and Statistics. Currently, he is a Chair Professor at the Department of Finance, Asia University. He was a Full Professor at the Department of Economics, Hong Kong Baptist University, and Deputy Director at Risk Management Institute, National University of Singapore. He appears in “Who’s Who in the World” and gets Albert Nelson Marquis Lifetime Achievement Award. 2017, Marquis Who’s Who. His Erdos number is 3. He is ranked top 1% by Social Science Research Network and in the list of top Taiwan economists and Asian economists and top economists by RePEc. He has published more than three hundred papers including papers published in some top journals. He has more than 11500 citations in Google Scholar, more than 9800 citations in Researchgate, and more than 4500 citations in Scopus. His h-index is 59, (40 since 2017) and i10-index is 230, (209 since 2017) by Google Scholar citation in December 2021. He is in the list of top (2nd, 0.8%) Taiwan economists (counted publications last 10 years), top (3rd, 1.2%)  Taiwan economists, (39th, 0.5) Asian economists (counted publications last 10 years), (44th, 0.6%) Asian economists, (459th, 0.7%) [World] authors [in Economics in last 10 years] and (1011th, 1.6%) [World] authors [in Economics], top (211st, 0.33%) in Number of Works, top (162nd, 0.25%) in Number of Distinct Works, top (759th, 1.2%) in Number of Distinct Works, Weighted by Number of Authors, top (37th, 0.06%) in Number of Journal Pages, top (229th, 0.36%) in Number of Journal Pages, Weighted by Number of Authors, top (515th, 0.80%) in Number of Abstract Views in RePEc Services over the past 12 months, top (852th, 1.3%) in Record of graduates, top (110th, 0.2%) in Closeness measure in co-authorship network, top (15th, 0.02%) in Betweenness measure in co-authorship network by RePEc in Feb 2022. I have 37 items ranked within 15%, 31 items ranked within 10%, 19 items ranked within 5%, 17 items ranked within 3%, 17 items ranked within 2%, and 11 items are within 1% among all Economists registered in RePEc in February 2022. He has been serving international academies, Government, society, and universities, providing consultancy to several Government departments and corporations, and giving lectures and seminars to several universities. For example, he has been serving as editor, guest leading editor, advisor, associate editor for some international journals, appointed as an advisor/member of various international associations/institutes, serving as a referee for many journals/conferences, supervising solely or jointly several overseas graduate students, appointed as an external reviewer and external examiner by other universities, and invited by many universities/institutions to present papers or conduct seminars. He has published more than four hundred papers including papers published in journals ranked as A* in ABDC, Q1 in SJR Quartile, Q1 in JCR, and 4 in AJG and including papers published in Contemporary Accounting Research, Annals of Applied Probability, Scientific Report, Mathematical Finance, European Journal of Operational Research, Journal of Business and Economic Statistics,  Economic Theory, Journal of Empirical Finance, Journal of Financial Markets, Journal of Economic Behavior and Organization, Economics Letters, Econometrics Journal, Quantitative Finance, Economic Inquiry, Energy Economics, Statistics and Probability Letters, Journal of Risk, Journal of Operational Research Society, Journal of Financial Econometrics, Journal of Forecasting, Journal of International Financial Markets, Institutions & Money, Transport Policy, Personality and Individual Differences, Journal of Time Series Analysis, Applied Economics, Journal of Multinational Financial Management, Journal of Behavioral Finance, Pacific-Basin Finance Journal, Annals of Finance, IMA Journal of Management Mathematics, Accounting & Finance, Economic Modelling, Energy Policy, Applied Mathematics Letters, Journal of International Consumer Marketing, Statistical Papers, International Review of Financial Analysis, Current Issues in Method and Practice, International Review of Economics & Finance, Studies in Nonlinear Dynamics and Econometrics, Current Issues in Tourism, Finance Research Letters, PLOS ONE, Physica A: Statistical Mechanics and its Applications, International Journal of Production Research, Resources Policy, World Economy, Emerging Markets Review, Econometrics and Statistics, Fractals, etc.

Tai-Yuen Hon

Hong Kong Shue Yan University, Hong Kong.

Tai-Yuen Hon was an Academic Assistant/Lecturer/Senior Lecturer/Assistant Professor in the Department of Economics and Finance (formerly known as the Department of Economics) of Hong Kong Shue Yan University from 1993 to 2016 and is a Research Affiliate at the Business, Economic and Public Policy Research Centre of this University. He obtained his PhD in Business Administration from the Bulacan State University, and Master of Arts in Money, Banking and Finance from the University of Sheffield. He has published papers in Asian Profile, International Journal of Financial Management, International Journal of Humanities and Social Science, Journal of Emerging Issues in Economics, Finance and Banking, International Journal of Banking, Risk and Insurance, Journal of Risk and Financial Management, Journal of Economics Bibliography, Journal of Economics Library, Journal of Economics and Political Economy, Journal of Social and Administrative Sciences, Journal of Economic and Social Thought, Turkish Economic Review, Journal of Family and Economic Issues, International Journal of Revenue Management, Advances in Decision Sciences. He has also published a book ‘Monetarism and Behavioural Finance’.

Wing-Kwong Au

Hong Kong Shue Yan University, Hong Kong.

Wing-Kwong Au has been working at the Department of Social Work of Hong Kong Shue Yan University since 1990s. He is an Associate Professor / Director of China Liaison Office of the University; the Fellow of the University of Liverpool and the Registered Social Worker of Social Workers Registration Board, Hong Kong. He obtained his MPhil and Ph.D from the University of Liverpool and Master of Arts in Social Work from the University of Wales,. Bangor in the United Kingdom. His research interests include elderly services; community development; employment; social services in China (PRC); children and marginal youth; finance and youth. He has published the reports on Hidden Youth Drug Abusers; Die in Exhaustion and the Labour Compensation in Hong Kong; the Interventions of the Marginal Youth Behavioural Pattern; Positive Life of Young People in Eastern District of Hong Kong, and a conference paper in Young Night Drifters’ Social Workers and Health. He has also published two books “Eastern District Positive Life project 15th Anniversary: A Book of Reflections” and “The Interventions of the Marginal Youth Behavioural Pattern”. A survey report on “Children’s life in COVID19” is forthcoming. His current project is a book chapter in “Finance and Youth”.