Hong Kong University of Science and Technology, ranked 20th, is Asia's highest placed school.

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It may not have the ring of Harvard Business School, but Hong Kong University of Science and Technology's M.

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"Other countries are old and rich, " said Albert Park, a professor at Hong Kong University of Science and Technology and another survey leader.

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Only a quarter of migrant workers in the cities were covered by pensions in 2010, compared with four-fifths of locals, according to Albert Park of the Hong Kong University of Science and Technology.

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Migrants without an urban hukou spend 30% less than otherwise similar urban residents, according to research by Binkai Chen of the Central University of Finance and Economics, Ming Lu of Fudan University and Ninghua Zhong of Hong Kong University of Science and Technology.

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The FT's number one-ranked EMBA is taught jointly by Northwestern University's Kellogg School of Management and Hong Kong's University of Science and Technology.

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One Nobel laureate, Merton Miller, has given his backing to an idea that first surfaced at Hong Kong's University of Science and Technology.

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"Broadly speaking, his place in history is going to be a positive one, " said Brian Bridges, a political science professor at Hong Kong's Lingnan University who specializes in politics and foreign policies of the two Koreas.

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