Conference Update 17 May 2022: The format of the conference is switched to purely virtual due to COVID-19 situation.
Note: The program refers to Beijing time (UTC /GMT +8). Check here for conversion to your local time.
PROGRAM SUMMARY
Saturday, July 2, 2022 | |
08:30-10:15 | Empirical Asset Pricing I |
Corporate Finance and Corporate Governance I | |
10:30-12:15 | Theoretical Asset Pricing |
Institutions | |
13:00-14:00 | Keynote Speech & Best Paper Awards |
14:15-16:00 | Banks |
中国热点:ESG (Chinese Session) | |
16:15-18:00 | Behavioral Finance |
Fintech I | |
Sunday, July 3, 2022 | |
08:30-10:15 | Macroeconomics and Monetary Policy |
Fintech II | |
10:30-12:15 | Empirical Asset Pricing II |
China Focus: Regulation and Policy | |
13:00-14:45 | Corporate Finance and Corporate Governance II |
资本市场与资产定价 (Chinese Session) | |
15:00-16:45 | 中国热点 (Chinese Session) |
PROGRAM DETAILS
Saturday, July 2, 2022, 08:30 - 10:15
Empirical Asset Pricing I
Session Chair: Zhan Shi, Tsinghua University
Foreign Discount in International Corporate Bonds
Zhe Geng, Shanghai Jiao Tong University
Knowledge is Power: A Field Experiment in the Chinese and US Stock Markets
Sonia Man Lai Wong, Lingnan University
Yuan Xue, Huazhong University of Science and Technology
Bohui Zhang, The Chinese University of Hong Kong, Shenzhen
Xiaofeng Zhao, Lingnan University
Can Active International Funds Exploit Profit Opportunities in Different Markets?
Wei Jiao, Rutgers University
Andrew Karolyi, Cornell University
David Ng, Cornell University
Discussants:
Hao Wang, Tsinghua University
Jiacai Li, University of Utah
Hongxun Ruan, Peking University
Saturday, July 2, 2022, 08:30 - 10:15
Corporate Finance and Corporate Governance I
Session Chair: Tao Shu, The Chinese University of Hong Kong
Director Exodus: The Economics of Voluntary Director Resignations
Messod Daniel Beneish, Indiana University
Kai Lu, University of Science and Technology of China
Zhengwei Wang, Tsinghua University
Jun Yang, Indiana University
Share Pledging in China: Funding Listed Firms or Funding Entrepreneurship?
Zhiguo He, University of Chicago
Bibo Liu, Tsinghua University
Feifei Zhu, Central University of Finance and Economics
Investing with the Government: A Field Experiment in China
Emanuele Colonnelli, University of Chicago
Bo Li, Tsinghua University
Ernest Liu, Princeton University
Discussants:
Fang Frank Yu, China Europe International Business School
Kasper Meisner Nielsen, Copenhagen Business School
Will Gornall, University of British Columbia
Saturday, July 2, 2022, 10:30 - 12:15
Theoretical Asset Pricing
Session Chair: Bing Han, University of Toronto
Technology Diffusion and Currency Risk Premia
Min Cui, T. Rowe Price
Ilias Filippou, Washington University in St. Louis
Siming Liu, Shanghai University of Finance and Economics
Information Sharing in Financial Markets
Itay Goldstein, University of Pennsylvania
Yan Xiong, The Hong Kong University of Science and Technology
Liyan Yang, University of Toronto
Circuit Breakers and Contagion
Hong Liu, Washington University in St. Louis
Xudong Zeng, Shanghai University of Finance and Economics
Discussants:
Zhengyang Jiang, Northwestern University
Dan Luo, Stanford University
Shiyang Huang, The University of Hong Kong
Saturday, July 2, 2022, 10:30 - 12:15
Institutions
Session Chair: Xiaoyun Yu, Shanghai Jiao Tong University
Fund Flows in the Shadow of Stock Trading Regulation
Xiang Kang, Goldman Sachs
David Xiaoyu Xu, University of Texas at Austin
Can Housing Booms Elevate Financing Costs of Financial Institutions?
Chao Ma, Xiamen University
Shuoxun Zhang, Sichuan University
Does Bribery Pay? Evidence from Credit Ratings
Jess Cornaggia, Pennsylvania State University
Feifan Jiang, Industrial Securities
Jay Li, UNC Greensboro
Chenyu Shan, Shanghai University of Finance and Economics
Dragon Yongjun Tang, The University of Hong Kong
Discussants:
Allaudeen Hameed, National University of Singapore
Yiming Cao, Boston University
Tao Shu, The Chinese University of Hong Kong, Shenzhen
Saturday, July 2, 2022, 13:00 - 14:00
Keynote Speech & Best Paper Awards
13:00 - 13:10 Welcome Speech by Program Chair
Xuan Tian, Associate Dean and Chair Professor of Finance, PBC School of Finance, Tsinghua University
13:10 - 13:15 Best Paper Awards
Moderator: Xiaoyan Zhang, Associate Dean and Chair Professor of Finance, PBC School of Finance, Tsinghua University
13:15 - 14:00 Keynote Speech
Zhiguo He, Fuji Bank and Heller Professor of Finance, University of Chicago Booth School of Business
Saturday, July 2, 2022, 14:15 - 16:00
Banks
Session Chair: Jun "QJ" Qian, Fudan University
The Implicit Non-guarantee in the Chinese Banking System
Liyuan Liu, Tsinghua University
Xianshuang Wang, Tsinghua University
Zhen Zhou, Tsinghua University
Credit Tightening and Misallocation along the Supply Chains
Min Min, Shanghai University of Finance and Economics
Chenyu Shan, Shanghai University of Finance and Economics
Wenya Wang, Shanghai University of Finance and Economics
Collateral Constraint and China's Credit Boom in the Global Financial Crisis: Loan-Level Anatomy
Wei Li, East China Normal University
Suhua Tian, Fudan University
Yongqin Wang, Fudan University
Discussants:
Erica Xuewei Jiang, University of Southern California
Yi Huang, Fudan University
Michael Zheng Song, The Chinese University of Hong Kong
Saturday, July 2, 2022, 14:15 - 16:00
中国热点:ESG
分会议主席:鞠建东,清华大学
王浩,清华大学
刘敬哲,清华大学
张丽宏,清华大学
顾乃康,中山大学
邱奇唯,中山大学
陈黄庆,易方达基金管理有限公司
黄勇,中南财经政法大学
余宣颖,中南财经政法大学
高昊宇,中国人民大学
评论人:
李志生,中南财经政法大学
张劲帆,香港中文大学(深圳)
倪骁然,厦门大学
Saturday, July 2, 2022, 16:15 - 18:00
Behavioral Finance
Session Chair: Dong Lou, The London School of Economics and Political Science
Jinfan Zhang, The Chinese University of Hong Kong, Shenzhen
Huancheng Du, Central University of Finance and Economics
Conversations in the Market: Sentiment Contagion among Investors
Haoyang Liu, Federal Reserve Bank of New York
Pengfei Sui, The Chinese University of Hong Kong, Shenzhen
Hedging by Giving: Spiritual Insurance and Religious Donations
Yu-Jane Liu, Peking University
Juanjuan Meng, Peking University
Dalin Sheng, Tsinghua University
Yu Zhang, Peking University
Discussants:
Tse-Chun Lin, The University of Hong Kong
Weikai Li, Singapore Management University
Jianan Lu, University of Oxford
Saturday, July 2, 2022, 16:15 - 18:00
Fintech I
Session Chair: Wenlan Qian, National University of Singapore
Nowcasting Firms' Fundamentals: Evidence from the Cloud
Ran Chang, Shanghai Jiao Tong University
Zhi Da, University of Notre Dame
Evading Capital Controls via Cryptocurrencies: Evidence from the Blockchain
Maggie Hu, The Chinese University of Hong Kong
Adrian Lee, Deakin University
Talis Putnins, University of Technology Sydney
How Does BigTech Credit Affect Monetary Policy Transmission?
Yiping Huang, Peking University
Xiang Li, Halle Institute for Economic Research
Han Qiu, Bank for International Settlements
Changhua Yu, Peking University
Discussants:
Yizhou Xiao, The Chinese University of Hong Kong
Gloria Yang Yu, Singapore Management University
Jiayin Hu, Peking University
Sunday, July 3, 2022, 08:30 - 10:15
Macroeconomics and Monetary Policy
Session Chair: Ji Zhang, Tsinghua University
Dollar Reserves and U.S. Yields: Identifying the Price Impact of Official Flows
Rashad Ahmed, U.S. Department of the Treasury
Alessandro Rebucci, Johns Hopkins University
Growth Expectations around FOMC Announcements
Mikhail Bhatia, The Hong Kong University of Science and Technology
Kai Li, Peking University
Disintermediating the Federal Funds Market
Tsz-Nga Wong, Federal Reserve Bank of Richmond
Mengbo Zhang, Shanghai University of Finance and Economics
Discussants:
Chang Ma, Fudan University
Dun Jia, Peking University
Sylvia Xiaolin Xiao, Peking University
Sunday, July 3, 2022, 08:30 - 10:15
Fintech II
Session Chair: Mao Ye, University of Illinois at Urbana-Champaign
Mutual Risk Sharing and Fintech: The Case of Xiang Hu Bao
Hanming Fang, University of Pennsylvania
Xiao Qin, Shanghai Jiao Tong University
Wenfeng Wu, Shanghai Jiao Tong University
Tong Yu, University of Cincinnati
Cashless Payment and Financial Inclusion
Shumiao Ouyang, Princeton University
From Man vs. Machine to Man + Machine: The Art and AI of Stock Analyses
Sean Cao, University of Maryland
Wei Jiang, Emory University
Junbo Wang, Louisiana State University
Baozhong Yang, Georgia State University
Discussants:
Jinhui Bai, Washington State University
Xiaomeng Lu, Fudan University
Mark Huanliang Liu, University of Kentucky
Sunday, July 3, 2022, 10:30 - 12:15
Empirical Asset Pricing II
Session Chair: Kewei Hou, The Ohio State University
Are Foreign Investors Informed? Trading Experiences of Foreign Investors in China
Christian T. Lundblad, The University of North Carolina at Chapel Hill
Donghui Shi, Fudan University
Xiaoyan Zhang, Tsinghua University
Zijian Zhang, Tsinghua University
Hiding Behind the Window Blinds: Strategic Trading under Portfolio Partial Disclosure
Ron Kaniel, University of Rochester
Jie Li, Shanghai Jiao Tong University
Donghui Shi, Fudan University
Qi Zhang, Shanghai Jiao Tong University
Currency Risk Under Capital Controls
Xiang Fang, The University of Hong Kong
Sining Liu, The University of Hong Kong
Yang Liu, The University of Hong Kong
Discussants:
Ruichang Lu, Peking University
Lingling Zheng, Renmin University of China
Tianyu Wang, Tsinghua University
Sunday, July 3, 2022, 10:30 - 12:15
China Focus: Regulation and Policy
Session Chair: Yongxiang Wang, The Chinese University of Hong Kong, Shenzhen
Warren Bailey, Cornell University
Hui Ma, Tongji University
Rongli Yuan, Renmin University of China
Hong Zou, The University of Hong Kong
Laura Xiaolei Liu, Peking University
Qiao Liu, Peking University
Xiaoyu Liu, Peking University
Ni Zhu, Peking University
Tiered Intermediation in Business Groups and Targeted SMEs Support
Yu Shi, Massachusetts Institute of Technology
Robert Townsend, Massachusetts Institute of Technology
Wu Zhu, Tsinghua University
Discussants:
Jie (Jack) He, University of Georgia
Andrea Lu, The University of Melbourne
Bo Li, Tsinghua University
Sunday, July 3, 2022, 13:00 - 14:45
Corporate Finance and Corporate Governance II
Session Chair: Laura Xiaolei Liu, Peking University
Stock Market and Demand for Skill
Yao Lu, Tsinghua University
Liu Yang, University of Maryland
Yeqing Zhang, Central University of Finance and Economics
Climate Laws and Cross-border Mergers and Acquisitions
Tong Li, The University of Hong Kong
Dragon Yongjun Tang, The University of Hong Kong
Fei Xie, University of Delaware
Meng Miao, Renmin University of China
Wei Wang, Queen's University
Zhengyu Zuo, Renmin University of China
Discussants:
Yao Deng, University of Connecticut
Mai Li, Peking University
Hong Zhang, Tsinghua University
Sunday, July 3, 2022, 13:00-14:45
资本市场与资产定价
分会议主席:余剑峰,清华大学
陈宁,复旦大学
朱振梅,复旦大学
方军雄,浙江财经大学
陈国进,厦门大学
陈凌凌,厦门大学
刘元月,厦门大学
赵向琴,厦门大学
顾明,厦门大学
熊志涛,厦门大学
陈海强,厦门大学
评论人:
张伟强,清华大学
李洁,上海交通大学
周倜,南方科技大学
Sunday, July 3, 2022, 15:00-16:45
中国热点
分会议主席:张维,天津大学
罗党论,中山大学
江梓赫,中山大学
庄炘璇,中山大学
韩鹏飞,北京大学
李松楠,北京大学
刘冲,北京大学
董丰,清华大学
周基航,清华大学
贾彦东,中国人民银行
评论人:
陈卓,清华大学
潘越,厦门大学
向昊天,北京大学