CFA Institute Research Challenge – Hong Kong Local Final 2023-24

Being hosted locally for the 20th consecutive year, the “CFA Institute Research Challenge” is a global competition designed to promote best practices in research among the next generation of analysts through hands-on mentoring and intensive training in company analysis. The Challenge is intended to complement university curriculum by simulating the real-world experience of an equity analyst.

Of the 23 participating teams of students from universities in Hong Kong and Macau, the top five finalist teams attended the Local Final Presentation on 17 February 2024 and presented their analysis and recommendations to our professional panel of judges, followed by a Career Panel sharing by seasoned industry practitioners on career development in the financial sectors. The event was successfully concluded, and we are pleased to announce the results as follows:

Champion Team: The Hong Kong University of Science and Technology (Team A)

1st Runner-up Team: The Chinese University of Hong Kong (Team B)

2nd Runner-up Team: The Chinese University of Hong Kong (Team A)

The Champion Team will represent Hong Kong in the Sub-Regional Round of the competition. We wish them every success and a remarkable experience!

2023 Participation












CFA Societies


Local Challenges




Sponsors & Supporting Organizations of Research Challenge – Hong Kong Local Final 2023-2024

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Timeline for the Research Challenge – Hong Kong, Regional and Global Finals 2023-2024

CFA Institute Research Challenge – How does it work?

Local-level competitions are organized and judged by CFA Institute society members and volunteers who function as local hosts. CFA Society Hong Kong has been the local host since 2005. 

The Society will work with universities in Hong Kong and Macau to assemble teams of three to five undergraduate and/or graduate students. Teams research and analyze a designated publicly-traded company; prepare a written report on the company that supports a buy, sell, or hold recommendation; receive advice and support from a faculty advisor and an industry mentor; and present and defend their findings to a panel of industry experts.

View the Official Rules

Benefits of Participation

Receive in-depth training in equity analysis, research report writing, and presentation skills

Receive hands-on mentoring

Develop your resume / CV

Network with industry professionals and peers from other universities, paving the way for career opportunities

Elevate your university’s reputation on a global scale

Contributions from Industry Professionals

By joining as a mentor, grader, or judge, you play a key role in promoting the highest standards of ethics, education, and professional excellence both for the students and, ultimately, for the Society. It provides an excellent opportunity to offer guidance, direction, suggestions, and feedback to student teams participating in the challenge.

Please stay tuned for further announcements.

Sponsorship Opportunity

Sponsors’ involvement is crucial for the success of the competition.

Please email us at or +852 2521 2543.