Research Interest
Behavioral Finance, Chinese Financial Market, Emerging Market,
Research Interest
Behavioral Finance, Chinese Financial Market, Emerging Market,
Publications
Financial History Review, forthcoming
(with Warren Bailey)
Firm-initiated Stock Trading Suspension During a Market Crash
Journal of Banking and Finance, 2025(177), 107473
(with Jennifer Huang, Donghui Shi, and Zhongzhi Song)
Housing Market Investability and Stock Market Participation
Economics Letter, 2025 (248), 112219
(with Huasheng Gao, Yiqing Lv, and Ning Zhu)
Do retail investors gamble more during lockdown?
International Review of Finance, 2024, 24(4): 572-603
(with Pantisa Pavabutr)
Unveiling investors' substitution behavior: Stock trading decisions in response to housing market dynamics
Journal of Corporate Finance, 2024(86), 102590
(with Yiqing Lv and Ning Zhu)
Corporate Actions and the Manipulation of Retail Investors in China: analysis of stock splits
Journal of Financial Economics, 2022, 145(3): 762-787
(with Sheridan Titman and Chishen Wei)
Does Good Luck Make People Overconfident? Evidence from a Natural Experiment in the Stock Market
Journal of Corporate Finance, 2021(68), 101933
(with Huasheng Gao and Donghui Shi)
Trading for Status
Review of Financial Studies, 2014, 27(11): 3171-3212
(with Harrison Hong, Wenxi Jiang, and Na Wang)
The Nelson–Siegel Model of the Term Structure of Option Implied Volatility and Volatility Components
Journal of Futures Markets, 2014, 34(8): S788-806S
(with Biao Guo and Qian Han)
高送转现象研究（Research on Stock Split）
上海证券交易所联合研究计划（Joint-Research Plan with Shanghai Stock Exchange）
http://www.sse.com.cn/aboutus/research/jointresearch/c/3990530.pdf
A股市场的风险性分析及国际对比（China A-Share Market Risk and International Comparison）(with Ning Zhu)
上海证券交易所联合研究计划（Joint-Research Plan with Shanghai Stock Exchange）
Working Paper
Information Transmission in Dealer Markets: Evidence from Chinese Block Trades
(With Donghui Shi, Sheridan Titman, and Chishen Wei)
Does Diversity Lead to Diverse Opinions?Evidence from Languages and Stock Markets
(with Yen-cheng Chang, Harrison Hong, Larissa Tieden and Na Wang)