Quality Alchemist (品質煉金術師)

2025年1月17日星期五

COMP 5569 Guest talk for detecting fraud and money laundering activities

Dr. Walter Fung invited Mr. Tony Tse to share “Fraud, Money Laundering and Terrorist Financing – Implication for Society – Teaching and Research Opportunities” with his student in COMP 5569 – Fintech Regulation and Compliance on 17^th Jan 2025. We took a photo with Tony for memory.

Mr. Tony Tse has left the Police force and working for business as related to cryptocurrency. And tonight’s talk entitled “What is an effective automated detection system to detect fraud and money laundering activities.” Firstly, Mr. Tse briefed financial institutions which spent millions to incorporate automated detection system (ADS) to detect suspicious activities within accounts.

Then he introduced some practices such as transaction monitoring. Firstly we needed to understand clients’ portfolio. And then he briefed the history on use of legal persons and arrangements from 1980 to 2019. After 2019 COVID period, virtual banks were introduced.

After that we discussed large fund and fast movement between bank accounts and different locations (especially cross-border transaction). Dr. Walter Fung also gave comments on smurfing and structuring transactions.

“While an effective ADS should generate true positive alert, in reality many false-positive alert was generated.” Said by Tony. It included cash kitting / circular flow of fund and U turn transaction. Finally, he introduced some of the techniques used by criminals to bypass this automated detection system.

Loan Fraud / Bankruptcy Fraud were also discussed.

Lastly, he explained the mechanism of e-shopping fraud. Dr. Walter Fung developed this course is very useful and meaningful!

Reference

COMP, PolyU - https://www.polyu.edu.hk/comp/

2025年1月11日星期六

Advanced Class IV for I Ching (易經高班IV)–Lecture 6

Minda and I attended Prof. Pang’s (彭泓基教授) advanced class IV for I Ching (易經高班 IV) (6A class) the last lecture which was held on 11^th Jan 2025. The venue is Prof. Pang’s club house. We had breakfast in the Kowloon station and then took a photo in front of the Peacock sculpture.

In the beginning, Prof. Pang continued the logical reasoning of Eight Characters for Destiny (八字命理).

Today lecture was one hour early and very cool, many classmates attended online.

And then Prof. Pang reviewed Eight Characters for Destiny (八字命理) and Ten Gods (十神).

He explained how to use the relationship of five elements complement each other (五行相生相剋).

After that we employed the Eight Characters Apps to generate the fundamental horoscope (命盤).

We needed to consider your belongings (命主屬性) and the strength or weak of body (身強/身弱). Some basic rules were mentioned.

Finally, Prof. Pang further explained the relationship of five elements complement each other (五行相生相剋) using your belongings (命主屬性).

Then he calculated the level of affection power.

I also asked a question about Ten Gods (十神) in Day element (日元) based on Heavenly stem (天干) and he replied that depended on Moon and Year elements (月元和年元).

The next topic was Divination (佔卜) using chess and named “Lingqijing” (靈棋經).

Prof. Pang briefed the meaning of divination that gave indication to people.

There are 12 chesses with 4x UP, 4x MIDDLE and 4x LOW.

After throwing, count the face up one and search the “Lingqijing” to get the hexagram (卦).

Completed the last lecture, we had lunch together for coming Chinese New Year.

We had totally 20 classmates with Prof. Pang for lunch!

Reference:

彭泓基教授 - https://www.master-insight.com/author/penghongji/

屈機TV (屈基論) - https://www.youtube.com/@wgtvhk/playlists

2024

Advanced Class IV of “I Ching”:

20241102: Advanced Class IV for I Ching (易經高班IV)–Lecture 1 - https://qualityalchemist.blogspot.com/2024/11/advanced-class-iv-for-i-ching-ivlecture.html

20241115: Life Experience: Martial Arts, Qigong and Health Preservation (易學及道化講座: 生命的體驗-武術氣功與養生) - https://qualityalchemist.blogspot.com/2024/11/life-experience-martial-arts-qigong-and.html

20241116: Advanced Class IV for I Ching (易經高班IV)–Lecture 2 - https://qualityalchemist.blogspot.com/2024/11/advanced-class-iv-for-i-ching-ivlecture_16.html

20241130: Advanced Class IV for I Ching (易經高班IV)–Lecture 3 - https://qualityalchemist.blogspot.com/2024/11/advanced-class-iv-for-i-ching-ivlecture_30.html

20241214: Advanced Class IV for I Ching (易經高班IV)–Lecture 4 - https://qualityalchemist.blogspot.com/2024/12/advanced-class-iv-for-i-ching-ivlecture.html

20241229: I Ching Class Christmas Concert to Zhongshan (易經班-彭教授中山戌時音樂會) - https://qualityalchemist.blogspot.com/2024/12/i-ching-class-christmas-concert-to.html

20250104: Advanced Class IV for I Ching (易經高班IV)–Lecture 5 - https://qualityalchemist.blogspot.com/2025/01/advanced-class-iv-for-i-ching-ivlecture.html

20250111: Advanced Class IV for I Ching (易經高班IV)–Lecture 6 - https://qualityalchemist.blogspot.com/2025/01/advanced-class-iv-for-i-ching-ivlecture_11.html

Advanced Class III of “I Ching”:

20240706: Advanced Class III for I Ching (易經高班III)–Lecture 1 - https://qualityalchemist.blogspot.com/2024/07/advanced-class-iii-for-i-ching.html

20240713: HKSB Tomorrow Will Be Better Midsummer Concert (⾹港盲⼈輔導會明天會更好仲夏⾳樂會) - https://qualityalchemist.blogspot.com/2024/07/hksb-tomorrow-will-be-better-midsummer.html

20240720: Advanced Class III for I Ching (易經高班III)–Lecture 2 - https://qualityalchemist.blogspot.com/2024/07/advanced-class-iii-for-i-ching_20.html

20240703: Advanced Class III for I Ching (易經高班III)–Lecture 3 - https://qualityalchemist.blogspot.com/2024/08/advanced-class-iii-for-i-ching.html

20240818: Advanced Class III for I Ching (易經高班III)–Lecture 4 - https://qualityalchemist.blogspot.com/2024/08/advanced-class-iii-for-i-ching_18.html

20240824: Advanced Class III for I Ching (易經高班III)–Lecture 5 - https://qualityalchemist.blogspot.com/2024/08/advanced-class-iii-for-i-ching_24.html

20240914: Advanced Class III for I Ching (易經高班III)–Lecture 6 - https://qualityalchemist.blogspot.com/2024/09/advanced-class-iii-for-i-ching.html

Advanced Class II of “I Ching”:

20240224: Advanced Class II for I Ching (易經高班II)–Lecture 1 - https://qualityalchemist.blogspot.com/2024/02/advanced-class-ii-for-i-ching-iilecture.html

20240223: Chinese Wisdom and Calligraphy Grammar (中華智慧與書法文法) - https://qualityalchemist.blogspot.com/2024/02/chinese-wisdom-and-calligraphy-grammar.html

20240309: Advanced Class II for I Ching (易經高班II)–Lecture 2 - https://qualityalchemist.blogspot.com/2024/03/advanced-class-ii-for-i-ching-iilecture.html

20240323: Advanced Class II for I Ching (易經高班II)–Lecture 3 - https://qualityalchemist.blogspot.com/2024/03/advanced-class-ii-for-i-ching-iilecture_23.html

20240406: Advanced Class II for I Ching (易經高班II)–Lecture 4 - https://qualityalchemist.blogspot.com/2024/04/advanced-class-ii-for-i-ching-iilecture.html

20240420: Advanced Class II for I Ching (易經高班II)–Lecture 5 - https://qualityalchemist.blogspot.com/2024/04/advanced-class-ii-for-i-ching-iilecture_20.html

20240504: Advanced Class II for I Ching (易經高班II)–Lecture 6 - https://qualityalchemist.blogspot.com/2024/05/advanced-class-ii-for-i-ching-iilecture.html

20240616: I Ching Advanced Class II Graduation Trip (易經高班II畢業之旅) - https://qualityalchemist.blogspot.com/2024/06/i-ching-advanced-class-ii-graduation.html

2023

Advanced Class of “I Ching”:

20231007: Advanced Class for I Ching (易經高班) – Lecture 1 - https://qualityalchemist.blogspot.com/2023/10/advanced-class-for-i-ching-lecture-1.html

20231021: Advanced Class for I Ching (易經高班)–Lecture 2 - https://qualityalchemist.blogspot.com/2023/10/advanced-class-for-i-ching-lecture-2.html

20231104: Advanced Class for I Ching (易經高班) – Lecture 3 -https://qualityalchemist.blogspot.com/2023/11/advanced-class-for-i-ching-lecture-3.html

20231125: Advanced Class for I Ching (易經高班) – Lecture 4 - https://qualityalchemist.blogspot.com/2023/11/advanced-class-for-i-ching-lecture-4.html

20231202: Advanced Class for I Ching (易經高班) – Lecture 5 - https://qualityalchemist.blogspot.com/2023/12/advanced-class-for-i-ching-lecture-5.html

20231216: Advanced Class for I Ching (易經高班) – Lecture 6 - https://qualityalchemist.blogspot.com/2023/12/advanced-class-for-i-ching-lecture-6.html

20231227: I Ching Class Christmas Trip to Zhongshan (易經班聖誕中山之旅) - https://qualityalchemist.blogspot.com/2023/12/i-ching-class-christmas-trip-to.html

Intermediate Class of “I Ching”:

20230603: Intermediate Class for I Ching (易經中班) – Lecture 1 - https://qualityalchemist.blogspot.com/2023/06/intermediate-class-for-i-ching-lecture-1.html

20230610: Intermediate Class for I Ching (易經中班) – Lecture 2 - https://qualityalchemist.blogspot.com/2023/06/intermediate-class-for-i-ching-lecture-2.html

20230615: 閱讀彭泓基教授著作的心得 - https://qualityalchemist.blogspot.com/2023/06/blog-post.html

20230617: Intermediate Class for I Ching (易經中班) – Lecture 3 - https://qualityalchemist.blogspot.com/2023/06/intermediate-class-for-i-ching-lecture-3.html 20230624: Intermediate Class for I Ching (易經中班) – Lecture 4 - https://qualityalchemist.blogspot.com/2023/06/intermediate-class-for-i-ching-lecture-4.html

20230629: Ritual and Music Education as well as Chinese and Western Culture(禮樂教化與中西文化) - https://qualityalchemist.blogspot.com/2023/06/ritual-and-music-education-as-well-as.html 20230708: Intermediate Class for I Ching (易經中班) – Lecture 5 - https://qualityalchemist.blogspot.com/2023/07/intermediate-class-for-i-ching-lecture-5.html

20230709: Wudang Health Exercises (武當養⽣功) - https://qualityalchemist.blogspot.com/2023/07/wudang-health-exercises.html

20230715: Intermediate Class for I Ching (易經中班) – Lecture 6 - https://qualityalchemist.blogspot.com/2023/07/intermediate-class-for-i-ching-lecture-6.html

20230907: I Ching Intermediate Classmate Dinner (易經中班同學聚餐) - https://qualityalchemist.blogspot.com/2023/09/i-ching-intermediate-classmate-dinner.html

20230914: Music Seminar on “How to train children to have feelings for their country and family” (如何培訓孩子的家國情懷音樂講座) - https://qualityalchemist.blogspot.com/2023/09/music-seminar-on-how-to-train-children.html

Introductory Class of “I Ching”:

20230325: I Ching and the Wisdom of Life (易經與人生智慧) - https://qualityalchemist.blogspot.com/2023/03/i-ching-and-wisdom-of-life.html

20230401: I Ching and the Wisdom of Life II (易經與人生智慧) - https://qualityalchemist.blogspot.com/2023/04/i-ching-and-wisdom-of-life-ii.html

20230415: I Ching and the Wisdom of Life III (易經與人生智慧) - https://qualityalchemist.blogspot.com/2023/04/i-ching-and-wisdom-of-life-iii.html

20230422: I Ching and the Wisdom of Life IV (易經與人生智慧) - https://qualityalchemist.blogspot.com/2023/04/i-ching-and-wisdom-of-life-iv.html

20230525: I Ching Classmate Dinner and Introduction to Extenics (易經同學聚餐和可拓學導論) - https://qualityalchemist.blogspot.com/2023/05/i-ching-classmate-dinner-and.html

2025年1月7日星期二

COMP Retreat 2025 cum Sharing Talk “Bridging Academia & Society”

It is my pleasure to participate COMP retreat 2025 from 6 to 7 Jan 2025. We took a photo in front of the hotel.

(Left: Prof. Andy Chun, Dr. Zackary Sin, Prof. Ken Yiu, Dr. Richard Lui, Dr. Kevin Yuen, Dr. Raymond Pang, Dr. Jeff Tang, Dr. Hongcheng Xie and I)

In the beginning, Prof. Li Qing (Head of COMP) gave opening speech.

Then different professors responded to different topics sharing to us.

Most of COMP staffs attended the retreat.

Teaching staffs joined together to discuss different topics.

Completed the morning session, we had lunch together and I selfies with Prof. Andy Chun, Dr. Walter Fung, Dr. Kevin Yuen, Dr. Raymond Pang and Dr. Richard Lui.

After lunch, we walked around the hotel and saw AsiaWorld Expo.

A discussion session took place in the afternoon, then all representatives shared the summary of our thoughts.

Finally, we had dinner together.

Prof. Henry Chan sing some songs for PolyU and COMP for us.

In the evening, all my teaching colleagues celebrated my renewal and drank champagne.

In the second day of retreat, I summarized Prof. Andy Chun’s talk named “Bridging Academia and Society: Leveraging AI for Impact – A Personal Journey”. Firstly, he briefed three key assessment criteria for RAE 2026 including Research output (65%), Impact (20%) and Environment (15%). He pointed out impact can be assessed by reach and significance.

Then Prof. Chun briefed his background and shared his projects including but not limited to HK’s first AI system in airport (1993), City Polytechnic (1994), MTR (1995, 2004, 2013, 2017), Airport Authority (1998), Hospital Authority, Café De Coral (2000), Olympics volunteer rostering (2007), etc.

The project of MTR system in 2017 was named the Top 10 Highest-Impact AI system over the past 30 years by the Association for the Advancement of Artificial Intelligence (AAAI).

Finally, he shared his experience to bridging Academia and Society through six key points below.

1. Theory vs Practice (Consultancy study, Prototype, Technology transfer & Turnkey system)

2. Your Value Proposition (Your niche, personal brand, unique offering)

3. Build up Success Stories (Start with commercial research projects)

4. Market Yourself (Give talks at industry conference & contact companies proactively)

5. Give back to it Community (Join professional and industry organization, e.g. HKCS)

6. Network, Network, Network (Conferences & events, LinkedIn presence)

Lastly, Prof. Andy Chun introduced MTR Research Funding Scheme 2025 to us and he quoted Kurt Lewin statement as conclusion that is “No research without action, No action without research.”