Assistant Professor of Finance
  School of Business
​  Hong Kong Baptist University
  
​  [email protected]
​  (852) 3411-5218
  CV    
  Official Website    
​
​  Research Interests
  Empirical Asset Pricing, Behavioral Finance, Big Data

Publications

• Proximity to the 52-week High and the Risk-return Trade-off

             with Xingyu Chen, Zilin Chen, Jun Tu, and Luying Wang
             Journal of Economic and Dynamics Control, 185, 2026

• Partisan Conflict and Corporate Credit Spreads: The Role of Political Connection              

             Journal of Corporate Finance, 84, 2024

• Presidential Job Approval Rating and the Cross-Section of Stock Returns

             with Zilin Chen, Zhi Da and Dashan Huang  
             Journal of Financial Economics, 147, 106 -131, 2023. PEAR Index

• Are Disagreements Agreeable? Evidence from Information Aggregation 

             with Dashan Huang, and Jiangyuan Li
​             Journal of Financial Economics, 141, 83-101, 2021. PLS Disagreement Index; Appendix

• Time-series Momentum: Is It There?

             with Dashan Huang, Jiangyuan Li, and Guofu Zhou
             Journal of Financial Economics, 135, 774 - 794, 2020. MATLAB code; Python code; Appendix 

Working papers

• Presidential Cycles in PEAD (with Zhi Da and Ming Zeng)

             CICF 2025, Annual Conference of the Asia-Pacific Association of Derivatives 2025, RAPS/RCFS Europe Conference in Cambridge  2025,
                 EUROFIDAI-ESSEC Paris December Finance Meeting  2025

• Money Talks: Lending Relationships and Corporate Political Ideology (with Sumit Agarwal, Sibo Liu and Mark Yan)

                 CICF 2026, FMA 2023, Hawaii Accounting Research Conference (HARC) 2024

• Factor MAX and Predictable Factor Returns (with Ming Zeng)

             Australasian Finance and Banking Conference 2025, Sydney Banking and Financial Stability Conference 2025, New Zealand Finance Meeting 2025

• Equity and Bond Comovements: A Machine Learning Perspective (with Jiangyuan Li, Jinqiang Yang and Wei Zhou)

             China International Risk Forum (CIRF) 2024, China Fintech Research Conference (CFTRC) 2025

• Lottery Preference and Factor Investing in the Chinese Market

​             CFRN Young Financial Scholars Annual Conference at Tsinghua University 2024