Working Experience
Associate Professor, SOE and WISE, Xiamen University, Nov 2018-present
Assistant Professor, SOE and WISE, Xiamen University, Sept 2016-Oct 2018
Assistant Professor, Renmin University of China, Sept 2012-Aug 2016
Education
Ph.D. in Finance, Rutgers University, U.S.A, 2012
B.S. in Economics, University of Science and Technology of China, P.R. China , 2004
Research interests
Empirical asset pricing, Empirical corporate finance, Chinese capital markets, Fintech
English publication:
1. Limits of Arbitrage and Idiosyncratic Volatility: Evidence from China Stock Market (with Wenjin Kang and Bu Xu), Journal of Banking and Finance 86, 2018, 240-258.
2. Distress Risk, Investor Sophistication and Accrual Anomaly, Journal of Accounting, Auditing and Finance 35, 2020, 79-105. (sole author)
3. Invisible Hand and Helping Hand: Private Placement of Public Equity in China (with G. Nathan Dong and Hua He), Journal of Corporate Finance 61, 2020, 101400.
4. The Role of Analysts: An Examination of the Idiosyncratic Volatility Anomaly in the Chinese Stock Market (with George J. Jiang and Bu Xu), Journal of Empirical Finance 52, 2019, 237-254.
5. Accruals and Momentum (with Yangru Wu), Journal of Financial Research 43, 2020，63-93.
6. Economic Policy Uncertainty and Momentum( with Minxing Sun, Yangru Wu and Weike Xu), Financial Management 50，2021, 237-259.
7. Too much to learn? The (Un)intended consequences of RegTech development on mergers and acquisitions( with Dongxu Li and Xiaoran Ni), Journal of Corporate Finance 76, 2022, 102276.
Chinese publication:
1. 巴菲特的阿尔法---来自中国股票市场的实证研究(与胡熠合作)，管理世界, 2018(8): 41-54.
2. 资本市场国际影响力提升效应研究---来自A股纳入明晟(MSCI)新兴市场指数的证据（与倪骁然合作)，金融研究, 2020(5): 189-206.
3. 杠杆投资者融资交易行为模式研究--- 来自A股市场的经验证据（与康文津合作)，金融研究, 2021(7): 154-171.
杠杆交易影响上市公司决策:大数据情景下的研究, 国家自然科学基金面上项目(72273115)，2023-2026.
交易价格限制对股票定价效率的影响研究：注册制试点的视角, 教育部青年基金项目（21YJC790038), 2021-2023.
中国股票市场的融资融券交易对盈余管理的影响研究,国家社会科学基金一般项目(17BGL076), 2017-2020,已结题.
