UM Students achieve top honors at the Greater Bay Area Cup financial mathematics modeling competition
澳大學子於「大灣區杯」金融數學建模競賽奪佳績

UM team stood out in the fourth “Greater Bay Area Cup” Guangdong-Hong Kong-Macau Financial Mathematics Modeling Competition held in 2023 and won the first prize among a total of 1,147 teams from domestic and international universities. The competition aims to foster innovative research in the application of mathematical modeling in finance, promote the integration of digital finance, digital currency, and smart finance with traditional financial investment, and encourage interdisciplinary innovation between mathematics and finance, nurturing and discovering innovative talents in financial technology with an international perspective.

The competition jointly organized by Guangdong Society of Industrial and Applied Mathematics, Guangdong-Hong Kong-Macau Center for Applied Mathematics, and others, Under the guidance of Prof Liu Zhi from the Department of Mathematics of the Faculty of Science and Technology (FST), a team of undergraduates students, comprised of Gong Jinqi from FST majoring in Statistics and Data Science, Wang Chen from the Faculty of Education majoring in Mathematics Education, and Choi Wan Ioi from FST majoring in Applied Mathematics, successfully won the first prize in the fierce competition. In the finals, they succeeded through two rounds of oral defenses, won the championship for Question B, and became the overall runners-up. With their innovative thinking, they were awarded the special prize – the Silver Medal for Innovation (with a winning rate of 0.17%). The other team consisting of Yang Yishu (majoring in SDS), Zhou Zijun (majoring in Economics) and Chen Zhaowei (majoring in Economics) also receives the third prize.

Gong Jinqi, as the only student representative to receive an award in the competition, was invited by the organizing committee to deliver an acceptance speech at the award ceremony and share the experience of the competition, promoting the talents and capabilities of students from UM, as well as expressing gratitude to Prof Liu Zhi, the team, family, and friends for their guidance and support. All three team members expressed that this competition not only enhanced their professional skills but also provided them with the skills of teamwork and innovative thinking. In the future, they will be motivated by this award to continuously improve and expand their professional knowledge, seek innovative breakthroughs, and contribute to the development of the University of Macau, the Guangdong-Hong Kong-Macao Greater Bay Area, and even the country.