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| Wednesday, 7 September 2011, 19:04 HKT/SGT | |
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Source: Quam Limited | |
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| All Profits Made In the Game & a Financial Sector Employment Contract as Rewards |
HONG KONG, Sept 7, 2011 - (ACN Newswire) - Quamnet.com, Hong Kong's pioneering financial website, which is a division of Quam Limited (HKEx: 00952), has launched the first "Joint University Real Money Investment Contest". Winners of the ground-breaking contest will not only be granted all profits made in the real money investment contest as financial scholarships, but also have a chance to secure an employment contract with a listed company in the financial industry.
Quamnet is dedicated to enhancing individual investors' investment knowledge and techniques by providing professional-quality, SFC-licensed investment advice and training. Quamnet's mission is to educate the public with fundamental investment principles, not techniques for speculating in the equity market. Quamnet will organize a series of career and investment talks by experienced financial experts and SFC-licensed analysts to share expert advice on how to develop a career in the finance and investment sector, as well as how to conduct equity research of companies listed on the Hong Kong stock market. The objective of the contest is to enrich students' knowledge and aid in both career development and professional investment approaches. By participating, individuals will perform as if they were fund managers managing funds from other investors. It will provide participants an effective real-life experience of all the investment analysis, psychological preparation and trading decisions through the real money investment contest.
Participating universities in the Joint University Real Money Investment Contest include the University of Hong Kong, the Chinese University of Hong Kong, City University of Hong Kong, the Hong Kong University of Science and Technology, Hong Kong Baptist University, Hong Kong Shue Yan University, Lingnan University, and the Hong Kong Polytechnic University. The contest will be conducted into two phases. The first phase is real-time simulation contest. Each participant will be given HK$100,000 virtual money for the competition. A public participant category has also been established in order to make the game even more exciting. The top nine performing participants from the universities and the best in the public category will enter into the second phase. At this phase, each participant will be offered HK$20,000 real cash as capital for final competition.
Participants in the second phase can utilize the HK$20,000 capital for real trading. The organizer will bare all losses and transaction fees within the HK$20,000. Profits generated by contestants in this real money phase of the contest will be granted to the students as cash scholarships. What's more, the most outstanding contestant in the second phase will have the chance to secure a paid employment contract in Quam for 3 months. The winner has the right to determine if he / she would accept the job offer. It would be treated as an internship for Year 1 and Year 2 students while it would be a trial period for a final year student.
Mr Chris Justice, the Managing Director of Quam (HK) Limited expressed, "We have recruited many outstanding fresh graduates from investment competitions like this in the past. They are energetic with sharp and strong market sense. They performed excellently in their real-life jobs and most of them have now become savvy fund managers. We hope that we can identify and help to develop even more high-quality talent for this industry that is a vital component of the economy of Hong Kong. Most importantly, the contest will offer students solid experience in real-life trading."
The contest is open for registration until 31 October, 2011. Please browse event.quamnet.com/realgame, and all on-campus promotional activities for details
Contact:
Mable Chan,
Project Manager of Quam (HK) Limited
Phone: +852 9339 4332
Fax: +852 2319 1676
May Lun,
Associate Director of Marketing of Quam (HK) Limited
Phone: +852 2217 2630
Fax: +852 2319 1676
E-mail: may.lun @ quamgroup.com
Topic: Awards
Source: Quam Limited
Sectors: Daily Finance
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From the Asia Corporate News Network
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