CityU International Finance Conference 2026

June 19–20, 2026 | City University of Hong Kong

Venue: 14-222, Level 14, Lau Ming Wai Academic Building (LAU)

June 18 (Thursday): Pre-Conference Event

18:00–21:00 | Pre-Conference Dinner (Invitation Only)

📍 Deng G Sichuan (412-413, 4/F, K11 MUSEA, 18 Salisbury Rd, Tsim Sha Tsui)

• 17:40–18:00: Meet at the ground floor of Lau Ming Wai Academic Building to board the bus.

• 18:00: Bus departs for the restaurant.

June 19 (Friday): Theme: Asset Pricing

08:30–09:00 | Registration

09:00–09:10 | Opening Speech

• Professor SIA Choon Ling, Associate Dean (Research and Faculty), City University of Hong Kong

09:10–10:40 | Session A: Dynamic Models

Session Chair: Briana Chang (The Hong Kong University of Science and Technology) 

1. Using Asset Prices to Measure the Long-run Impact of Monetary Policy

   • Hengjie Ai (University of Wisconsin-Madison)

   • Leitao Fu (University of Wisconsin-Madison)

   • Discussant: Alexandre Jeanneret (UNSW Business School)

2. Demand Elasticity in Dynamic Asset Pricing

   • Zhiguo He (Stanford University & NBER)

   • Peter Kondor (London School of Economics & CEPR)

   • Jessica Shi Li (University of Chicago/Harvard Business School)

   • Discussant: Yu Li (SAIF, Shanghai Jiao Tong University)

10:40–11:00 | Tea Break

11:00–12:30 | Session B: Investor Attention

Session Chair: Junbo Wang (City University of Hong Kong)  

1. Shades of Attention and Stock Price Dynamics

   • Liyun Chen (UNSW Business School)

   • Alexandre Jeanneret (UNSW Business School)

   • Diego Garcia (University of Colorado at Boulder)

   • Benjamin Loos (UNSW Business School)

   • Discussant: Albert Wang (Auburn University)

2. Investor Attention and Mutual Fund Performance

   • George O. Aragon (W. P. Carey School of Business,  Arizona State University)

   • Yuri Tserlukevich (W. P. Carey School of Business,  Arizona State University)

   • Jonathan Keen (W. P. Carey School of Business,  Arizona State University)

   • Michael Wymbs (Hyundai Capital America)

   • Discussant: Weikai Li (City University of Hong Kong)

12:45–14:30 | Lunch

📍 Faculty Lounge, 9/F, Bank of China (Hong Kong) Complex, CityU

14:45–15:45 | Keynote Speech

Moderator: Kalok Chan (City University of Hong Kong) 

• A Financial Brain Scan of the LLM

  • Hui Chen (Massachusetts Institute of Technology)

15:50–17:20 | Session C: New Trends in Finance

Session Chair: Bohui Zhang (The Chinese University of Hong Kong, Shenzhen)

1. Can LLMs Discover Novel Economic Theories?

   • Alejandro Lopez-Lira (University of Florida)

   • Sina Seyfi (Aalto University, School of Business)

   • Yuehua Tang (University of Florida)

   • Discussant: Wei Jiang (The Hong Kong University of Science and Technology)

2. Active ETFs from Mutual Funds: Competing for Investor Flows

   • Linda Du (Tepper School of Business, Carnegie Mellon University)

   • Laura Starks (McCombs School of Business, University of Texas at Austin)

   • Mindy Z. Xiaolan (McCombs School of Business, University of Texas at Austin)

   • Discussant: James O'Donovan (City University of Hong Kong)

17:20–17:40 | Tea Break

18:00–20:30 | Dinner (Invitation Only)

📍 Jasmine Restaurant (LG2-40, Festival Walk, 80 Tat Chee Avenue, Kowloon Tong)

• 17:40–18:00: Walk to the restaurant from Lau Ming Wai Academic Building.

June 20 (Saturday): Theme: Corporate Finance

08:30–09:00 | Registration

09:10–10:40 | Session A: ESG

Session Chair: Qianqian Huang (City University of Hong Kong)

1. Disagreeing on DEI: Investor Responses to Anti-DEI Legislations

   • Hoa Briscoe-Tran (Monash University)

   • Stephan Siegel (University of Washington)

   • Discussant: Yaxuan Qi (City University of Hong Kong)

2. Financially Constrained Carbon Management

   • Cecilia Bustamante (University of Maryland)

   • Francesca Zucchi (European Central Bank)

   • Discussant: Zhimin Chen (Nanyang Technological University)

10:40–11:00 | Tea Break

11:00–12:30 | Session B: Structural Models

Session Chair: Ling Cen (Chinese University of Hong Kong)

1. The Blessing of Persistent Misvaluation

   • Zhiyao Chen (City University of Hong Kong)

   • Wenyu Wang (Kelley School of Business, Indiana University)

   • Discussant: Di Li (Peking University HSBC Business School)

2. Financing or Producing Innovation? The Allocation of Scientific Human Capital

   • Yuchen Chen (Gies College of Business, UIUC)

   • Can Huang (Gies College of Business, UIUC)

   • Xuelai Li (Imperial College London)

   • Discussant: Xiaoyong Fu (University of Hong Kong)

12:45–14:30 | Lunch

📍 Faculty Lounge, 9/F, Bank of China (Hong Kong) Complex, CityU

14:45–15:45 | Keynote Speech

Moderator: Zhiyao Chen (City University of Hong Kong)

• Fragmentation of Shareholder Power

  • Andrey Malenko (Boston College)

15:50–17:20 | Session C: Political Ideology and Corporate Behaviour

Session Chair: Xiaoyun Yu (SAIF, Shanghai Jiao Tong University)

1. When Science and Technology Collide with Politics: Patent Examiner Political Ideology and Green Innovation

   • Tao Shu (The Chinese University of Hong Kong, Shenzhen & ABFER)

   • Fei Xie (University of Delaware & ECGI)

   • Song Zhang (University of Delaware）

   • Wenrui Zhang (Colorado State University)

   • Discussant: Hoa Briscoe-Tran (Monash University)

2. Trickle-Down Ideology: How CEO Politics Shape the Workforce

   • Elisabeth Kempf (Harvard Business School & CEPR & NBER)

   • Margarita Tsoutsoura (Washington University in St. Louis & CEPR & ECGI & NBER)

   • Qiping Xu (Gies College of Business, UIUC)

   • Discussant: Zhanbing Xiao (City University of Hong Kong)

17:20–17:30 | Closing Remarks

• Professor Xu Han, Department Head

17:30–17:50 | Break

18:30–21:00 | Dinner (Invitation Only)

📍 Deng G Sichuan (412-413, 4/F, K11 MUSEA, 18 Salisbury Rd, Tsim Sha Tsui)

• 17:40–18:00: Board bus at Lau Ming Wai Academic Building.

• 18:00: Bus departs for the restaurant.

Format for Each Paper

• Presentation: 25 minutes

• Discussion: 15 minutes

• Floor Q&A: 5 minutes