Research

Western Finance Association Meeting (Scheduled), American Economics Association Meeting, NBER Conference on Big Data and Securities Markets, American Finance Association Meeting, China International Conference in Finance, Midwest Finance Association Meeting

Joint News, Attention Spillover, and Market Returns

Coauthors: Jun Tu, Li Guo, Yubo Tao, R&R Review of Financial Studies

SMU Finance Summer Camp, China International Conference in Finance, Financial Management Association Conference, Summer Meeting of the Econometric Society, Shanghai Financial Forefront Symposium

Retail Attention and Insider Trading

Coauthors: Sattar Mansi, Jianping Qi, and Han Shi, R&R Journal of Financial and Quantitative Analysis

Financial Management Association Asia Conference, World Finance Conference

Unleashing the Crowd: the Effect of Social Networks in Crowdfunding Markets

Coauthor: Linyi Zhang, R&R Management Science

Best Paper Award, 2021 International Conference on Smart Finance

China Meeting of the Econometric Society, Conference on Markets and Economies with Information Frictions, Asian Finance Association Meeting, Southwestern Finance Association Meeting, International Conference on Smart Finance, International Conference on Finance & Technology

Attention, Social Interaction, and Demand for Lottery-Like Stocks

Coauthors: Turan Bali, David Hirshleifer and Yi Tang

Featured in Financial Times (9 December 2021), Meme mania is reshaping US markets

American Finance Association Meeting, Miami Behavioral Finance Conference, China International Conference in Finance

Social Ties, Comovements, and Predictable Returns

Coauthors: Sheriden Titman, Muhammed Yonac and Dexin Zhou

Finalist, 2022 PanAgora Quantitative Research Institute Crowell Prize

NBER Behavioral Finance, Urban Economics Association Meeting, FSU Suntrust Conference, China International Conference in Finance, Financial Management Association Meeting, Midwest Finance Association Meeting, Eastern Finance Association Meeting, Conference on Financial Economics and Accounting

Esg-Linked Pay Around the World —Trends, Determinants, and Outcomes

Coauthors: Sonali Hazarika, Aditya Kashikar, Ailsa Röell and Shen Yao

Featured in UNPRI (17 June 2021), ESG-linked pay: What does the research say?

American Finance Association Meeting (scheduled), Annual Conference on Empirical Legal Studies (scheduled), American Economics Association Meeting, Financial Management Association Meeting, the Fifth Conference on CSR, the Economy and Financial Markets, Paris Financial Management Conference

Baruch's 2rd Annual Cross-College Faculty Research Symposium Research Award

Social Networks and Supply and Demand on Online Lending Marketplaces

Coauthors: Linda Allen, and Yu Shan

FMA Europe Best Paper Award Seminalist 2019

Conference on Fintech, Social Finance, and Financial Stability, China International Conference in Finance, Summer Institute of Finance, HKU FinTech conference, Sun Yat-Sen University International Finance Conference, FMA European Conference, Midwest Finance Association Meeting, Southwestern Finance Association Meeting, China International Risk Forum

Market Returns and a Tale of Two Types of Attention

Coauthors: Zhi Da, Jian Hua and Chih-Ching Hung

Featured in Alpha Architect (8/12/2021), "Relative sentiment and market returns"

American Finance Association Meetings, Midwest Finance Association Meeting, China International Conference in Finance, Northern Finance Association Meeting

ESG Investing and Stock Return Comovements

Coauthors: Marcin Kacperczyk, Jing Xie

2022 Conference on CSR, the Economy and Financial Markets, 2023 China Finance Review International & China International Risk Forum Joint Conference, 2023 Financial Management Association Meeting (scheduled)

Liquidity Shocks and Institutional Trading

Coauthors: Xi Dong and Karolina Krystyniak

European Finance Association Meeting, Financial Management Association Meeting, SFA Annual Meeting, China International Conference in Finance, Quadrant Behavioral Finance Conference

Face-to-Face or Face on Screen: Social Interactions and Mutual Fund Trading

Coauthors: Yi Dong, Lu Qiu, and Xinrong Xiao

China International Conference in Finance

CEO Incentives: Measurement, Determinants, and Impact on Performance

Coauthors: Ailsa Roell and Hongfei Tang

A Tale of Two Types of Anomalies: The Implication of Investor Attention for Price and Earnings Momentum

Coauthors: Kewei Hou and Wei Xiong

Winner of Q-Group Research Award

R2 and Price Inefficiency

Coauthors: Kewei Hou and Wei Xiong

Time to Digest and Volatility Dynamics

Coauthor: Wei Xiong