AIIFL serves as the umbrella for the research and academic activities of its Fellows (full-time academics drawn from the Faculty of Law and HKU generally) and its Honorary Fellows (academics and professionals from outside HKU who are associated with the Institute for a period of months or on an on-going basis).

The primary areas of research of AIIFL Fellows include financial institutions and markets, WTO/corporate and commercial law, and corporate insolvency and restructuring. Much of this work considers recent developments in Hong Kong, China, and Asia generally, often from a comparative perspective.

Much of the research undertaken by AIIFL Fellows is collaborative, jointly undertaken with other academics in Hong Kong and overseas. AIIFL also undertakes collaborative research projects on an institutional basis. Listed below are some on-going and recently completed collaborative projects.