Hosted locally for the 22nd consecutive year, the CFA Institute Research Challenge Hong Kong Local Final 2025-2026 concluded successfully on 7 February 2026. This year, a record-high 32 university teams participated, with the top five finalists presenting their in-depth research and investment recommendations to a distinguished panel of industry judges. We are pleased to announce the results:
Champion Team: The Hong Kong University of Science and Technology (HKUST) Team C
1st Runner-up Team: The Hong Kong University of Science and Technology (HKUST) Team B
2nd Runner-up Team: The Hong Kong Polytechnic University (PolyU) Team B
“Tiger Brokers Presents: Star Presenter” Award: Armelle Davasse of The Hong Kong University of Science and Technology (HKUST) Team C
The Champion and 1st Runner-up teams will proudly represent Hong Kong in the upcoming Sub-regional Round. We wish them every success ahead!
Sponsors & Supporting Organizations of Research Challenge – Hong Kong Local Final 2025-2026
Timeline for the Research Challenge – Hong Kong, Regional and Global Finals 2025-2026
2025 Participation
7000
+
Students
2500
+
Volunteers
1100
+
Universities
150
+
CFA Societies
120
+
Local Challenges
100
+
Countries
Photo Gallery
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
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 info@cfahk.org or +852 2521 2543.