Skip links

SCOM Talk Show ep26: Professor KC Chan

“The only constant in life is change. Stop thinking that the previous generation had a better life than this generation. It is more important to seize opportunities that you currently have and look at uncertainty in a positive light, then you will gain more opportunities in future.”

The School of Communication (SCOM) presents to you the latest episode of SCOM Talk Show (恒傳感言). Professor KC Chan, former Secretary for Financial Services and the Treasury, shares his points of view on cryptos and virtual banking, which are the two hot topics in the financial industry in recent years. He sees cryptos as merely theorising since the transaction cost is extremely high without governments or central banks acting as intermediaries to maintain their stability. Regarding virtual banks, Professor Chan reckons that there is no need for people to mythicise them, as they just function as traditional banks except that they do not have physical branches. What do you think about these? Let’s watch Professor Chan’s sharing now!