PhD Candidate in Finance

The University of Hong Kong

Email: hongxiang18@hku.hk

Research Interests: Empirical asset pricing (focusing on asset management, investor behavior, and their implications on asset pricing)

Research Papers

1. Inefficient Information Intermediary and its Asset Pricing Implication: Evidence from the Corporate Bond Market  [Download]

Job Market Paper

2. A Frog in Every Pan: Information Discreteness and Lead-lag Returns Puzzles  [SSRN]

with Shiyang Huang, Charles M.C. Lee, and Yang Song, 2021, Journal of Financial Economics, Forthcoming

3. Psychological Barrier and Cross-firm Return Predictability  [SSRN]

with Shiyang Huang, and Tse-Chun Lin, 2021, Journal of Financial Economics, Volume 142

4. Noise Trading and Asset Pricing Factors  [SSRN]

with Shiyang Huang, and Yang Song

Best Paper Award: 7th Annual FIRN Asset Pricing Meeting

Media: ETF.COM, CityWire

5. The Smart Beta Mirage  [SSRN]

with Shiyang Huang, and Yang Song

Best Paper Award: Eastern Finance Association Annual Meeting 2021

Media: Bloomberg, Forbes, Institutional Money Magzine

6. Reaching for Dividends, Price Pressure, and The Implications for Corporate Dividend Policy

with Shiyang Huang, and Dong Lou

Draft available upon request

7. Insider Trading and Anomalies

Draft available upon request

8. Option Pricing Uncertainty and Cross-section of Option Returns (Work-in-progress)

with Tianyu Wang and Yintian Wang

Draft available upon request

References

Shiyang Huang (Supervisor)

Associate Professor of Finance

HKU Business School, The University of Hong Kong

huangsy@hku.hk

Tse-Chun Lin

Professor of Finance and Area Head of Finance

HKU Business School, The University of Hong Kong

tsechunlin@hku.hk

Charles M.C. Lee 

Moghadam Family Professor and Professor of Accounting

Graduate School of Business, Stanford University

clee8@stanford.edu

Dong Lou

Associate Professor of Finance

Department of Finance, London School of Economics

d.lou@lse.ac.uk

Yang Song

Assistant Professor of Finance

Foster School of Business, University of Washington

songy18@uw.edu