Dr LEE Wai Choi (李煒才博士)
FRM
PhD (Shanghai University of Finance and Economics)
MSc (Finance) (CUHK)
MEcon (HKU)
PGDE (CUHK)
BBA (Applied Economics) (HKBU)
BRS (Pontifical Urbaniana University)

Senior Lecturer
Associate Programme Director of BBA-ECON Programme
Department of Economics and Finance

Tel : (852) 3963 5419
Email :
wclee@hsu.edu.hk


Dr LEE is a Senior Lecturer in the Department of Economics and Finance in The Hang Seng University of Hong Kong. He received his B.B.A. in Applied Economics from Hong Kong Baptist University, M. Econ. from the University of Hong Kong, M.Sc. in Finance from the Chinese University of Hong Kong, and Ph.D. in Finance from the Shanghai University of Finance and Economics. Besides, he received professional training in computable general equilibrium (CGE) model in Purdue University, the USA, and Victoria University, Australia. He is a certified financial risk manager (FRM).He teaches various economics and finance courses at the undergraduate level and postgraduate level. His general research interests are to discover the principles behind puzzling economic and financial phenomena. He has published a few peer‐reviewed articles in Asian Economic Papers, Financial Innovation, Journal of the Asia Pacific Economy, Singapore Economic Review, and one book on DSE Economics.

Research and Teaching InterestsIntellectual Contributions (Publications, Conferences, Books, Book Chapters, etc.)
TopResearch and Teaching Interests
Financial mathematics, institutional reforms, nudge
TopIntellectual Contributions (Publications, Conferences, Books, Book Chapters, etc.)
Peer-reviewed articles:
  • Lee, W. C., Shen, J., Cheong, T. S., & Wojewodzki, M. (2021). Detecting conflicts of interest in credit rating changes: A distribution dynamics approach. Financial Innovation, 7, 1-23.
  • Fu, J., Yu, X., Koo, C. K., & Lee, W. C. (2021). The adverse effects of economic policy uncertainty on the indemnificatory housing market in China. Singapore Economic Review, 66, 1337-1353.
  • Lee, W. C., Cheong, T. S., Wu, Y., & Wu, J. (2019). The impacts of financial development, urbanization, and globalization on income inequality: A regression-based decomposition approach. Asian Economic Papers, 18(2), 126-141.
  • Zhuang, D., Lee, W. C., Cheong, T. S., Wu, H., & Peng, B. (2019). Revisiting income inequality in rural China: A decomposition by regression approach. Journal of the Asia Pacific Economy, 24(2), 452-467.
Conferences:
  • Lee, W.C. & Shum, W.Y. (2023). “The Impacts of Climate Change on the Global Economy - A Computable General Equilibrium Analysis”. Academy of International Business Asia Pacific Regional Conference, Bangkok, Thailand.
  • Lee, W.C. (2020). “Detecting Conflicts of Interest in Credit Rating Changes: A Distribution Dynamics Approach”. 2020 AIBSEAR Hong Kong Conference, The Hang Seng University of Hong Kong, Hong Kong.
  • Lee, W.C. (2020). “Detecting Conflicts of Interest in Credit Rating Changes: A Distribution Dynamics Approach”. Recent Advances in International Trade, Finance, Business and Regional Cooperation 2020, Chu Hai College of Higher Education, Hong Kong.
  • Lee, W.C. (2019). “A Comparative Study on Credit-Rating Adjustment Produced by Investor-Paid Agency and Issuer-Paid Agency: An Innovative Approach of Distribution Dynamics”. 2019 International Conference on Industry, Business and Social Sciences, Osaka, Japan.
  • Lee, W.C. (2017). “The Impact of Financial Development on Income Inequity in Rural China: A Decomposition by Regression Analysis”. The 29th Annual Conference of Chinese Economics Society Australia (CESA), The University of Western Australia, Australia.
  • Lee, W.C. (2016). “Cyclical Nature of Initial Public Offering Activity in Hong Kong”. The 28th Annual Conference of Chinese Economics Society Australia (CESA), James Cook University, Australia.
Book:
  • Lee, W. C. (2013). Essentials of DSE economics 1: Microeconomics. Hung Fung Book Company