Born and raised in Hong Kong, Tsang Shu-ki holds a BA in Philosophy and Political Science from the University of Hong Kong, an MBA from the Chinese University of Hong Kong, and MA (Econ) and PhD degrees from the University of Manchester. Before joining the academia in the mid-1980s, he spent time as a credit analyst, a gold dealer, a treasury assistant and a bank economist.
His recent research interests cover currency board economics, monetary integration, and macro-econometric modelling of China and Hong Kong.
In the area of public service, Tsang is a member of the Economic Advisory Committee and the Energy Advisory Committee of the Hong Kong SAR Government. He serves as a director of the Exchange Fund Investment Limited (EFIL), a member of the Exchange Fund Advisory Committee Sub-Committee on Currency Board Operations, and an advisor to the Hong Kong Institute for Monetary Research. He is also a member of the Consumer Council and the chairperson of its Competition Policy Committee.