MBA Professional Forum on how overseas companies can thrive in China

The College of Business Master of Business Administration (MBA) programme invited Mr Wilfred Yiu, the Deputy Chief Executive Officer and Chief Operating Officer of the Beijing Gao Hua Securities, to discuss on the topic of “American firms doing business in China” at the MBA Professional Forum which was held on 14th April.

Mr Yiu has over 20 years’ experience working with an American investment bank. He is specialized in China financial market. With his professional knowledge in commodities exchange and trading, Mr Yiu shared insights on how American business could succeed in China market.

Mr Yiu observed that American firms tended to be more rigid and to abide by the rules and regulations when making business decisions, while Chinese appeared to be more flexible and placed high importance on the work relationship. Mr Yiu suggested students should be equipped with better understanding on the cultural differences between two places, so that business communication could be done effectively.

Mr Yiu also shared the challenges he encountered in the global financial crisis in 2008, and how he finally overcame the difficult situation. He ended the session by encouraging students to be optimistic and not to give up when enduring adversities.  

For details of the upcoming sessions in MBA Professional Forum, please click here.