Assistant Professor of Finance
School of Accounting and Finance,
The Hong Kong Polytechnic University
Email: hong.xiang@polyu.edu.hk
Publications
Noise Trading and Asset Pricing Factors [SSRN]
with Shiyang Huang, and Yang Song, Forthcoming at Management Science
Best Paper Award: 7th Annual FIRN Asset Pricing Meeting
The Smart Beta Mirage [SSRN]
with Shiyang Huang, and Yang Song, Forthcoming at Journal of Financial and Quantitative Analysis
Best Paper Award: Eastern Finance Association Annual Meeting 2021
Media: Bloomberg, Forbes, Institutional Money Magzine
A Frog in Every Pan: Information Discreteness and Lead-lag Returns Puzzles [SSRN]
with Shiyang Huang, Charles M.C. Lee, and Yang Song, 2022, Journal of Financial Economics, Volume 145
Psychological Barrier and Cross-firm Return Predictability [SSRN]
with Shiyang Huang, and Tse-Chun Lin, 2021, Journal of Financial Economics, Volume 142
Working Papers
Inefficient Information Intermediary and its Asset Pricing Implication: Evidence from the Corporate Bond Market [Download]
Economic Links from Bonds and Cross-Stock Return Predictability [SSRN]
with Jian Feng, Xiaolin Huo, Xin Liu, and Yifei Mao
Remeasuring Scale in Active Management [SSRN]
with Shiyang Huang, Xu Lu, and Yang Song
Variation in Put-Call Parity Violation and Option Returns [SSRN]
with Chun Liu, Tianyu Wang and Yintian Wang
Insider Trading and Anomalies
Draft available upon request
Reaching for Dividends, Price Pressure, and The Implications for Corporate Dividend Policy
with Shiyang Huang, and Dong Lou
Draft available upon request