2025
American Finance Association (AFA) PhD Student Poster Session, UK Women in Finance conference (Imperial College London), Financial Management & Accounting Research Conference (FMARC) Doctoral Colloquium, Finance and Accounting Annual Symposium (University of Westminster), Social and Sustainable Finance: Bridging Methods, Policy and Practice (Brunel University of London)†, Vietnam International Conference in Finance (VICIF)†, The University of Edinburgh Seminar†, University of Birmingham Seminar†, and University of Western Australia Seminar†
2024
Financial Management Association (FMA) Asia/Pacific Conference*, King’s Business School Symposium, Bangor University Seminar†, University of Huddersfield Seminar†, University of Basel Seminar†, Newcastle University Seminar†, University of Bradford Seminar†
2023
1st Annual Conference of the Financial Analytics Research Society (Journal of Economic Behavior & Organization Special Issue Conference)*†, Cultural Economics and Finance Conference (University of Zurich)
2022
Heriot-Watt University Seminar†, Loughborough University Seminar†, University of St Andrews Seminar†, King’s Business School Upgrade Viva, King’s Business School Symposium, BAFA SWAG Annual Accounting and Finance Conference (University of Bristol)
(* = discussant; † = presentation by co-author)
Prior to my PhD, I worked as a research assistant at the Survey and Research Center for China Household. I assisted in designing the 2021 China Household Finance Survey (CHFS) questionnaire and participated as an interviewer in the pilot survey.
Traditional Human Advisors and Robo-advisors: Substitutes or Complements? (in Chinese) (with Xiaomeng Lu and Weixing Wu)
管理世界 (Top Chinese Journal), 2023, 39(10), 74-98
Summary
Using novel survey data from 96,313 individual stock investors collected by 16 securities firms between 2018 and 2021, we identify complementary effects between human advisors and robo-advisors. Robo-advisors excel in improving investment performance by enhancing financial literacy and mitigating behavioral biases, whereas human advisors better address investors’ psychological needs by fostering trust, engagement, and more positive subjective return expectations.
Summary
The reports focus on changes in household assets, future financial expectations, and the impact of the COVID-19 pandemic on household decision-making.
2. Report on FinTech and Household Asset Allocation (in collaboration with Tencent Technology (Beijing) Co., Ltd.)
Summary
We find that the use of fintech significantly enhances household portfolio diversification. Among households that use fintech services, 26.1% hold two types of financial investment products—20.4 percentage points higher than non-users. Fintech users also tend to achieve higher Sharpe ratios in their financial portfolios, suggesting more efficient and better-optimized investment outcomes. Further analysis indicates that fintech improves households’ financial literacy, which in turn facilitates more effective asset allocation. The findings highlight the inclusive benefits of fintech, particularly for older, less educated, lower-income, and lower-wealth households.
3. Report on Investor Behavior Towards Stocks, Mutual Funds, and Futures (in collaboration with China Institute of Finance and Capital Markets)
Summary
We constructed a novel dataset based on online surveys conducted through brokerage, banking, and investment platforms, as well as in-depth interviews with financial advisors and investors. The dataset covers over 30,000 stock investors, 50,000 mutual fund investors, and 5,000 futures investors. We analyze investor characteristics, investment behavior, and emerging trends based on this dataset.
Program Committee Member, FMA Annual Meeting, 2025-ongoing
EFA Travel Grant, €400, European Finance Association, 2025
AFA Travel Grant, $800, American Finance Association, 2025
Student Opportunity Fund, £500, King’s College London, 2024
Doctoral Full Scholarship, King’s Business School, 2021–2025
The Best Dissertation Award (Top 1%, ranked 1st in AAFM), King’s Business School, 2020