2025 China Financial Research Conference

Asset Pricing Best Paper Award

The Green Value of BigTech Credit

Dan Su, Cheung Kong Graduate School of Business

Peng Wang, Sun Yat-Sen University

Xinyi Wang, Peking University

Xiaoyun Yu, Shanghai Jiao Tong University

2025 China Financial Research Conference

Corporate Finance Best Paper Award

Not All Capital Gains are Consumed Equally

Guodong Chen, New York University Shanghai

Xiaomeng Lu, Fudan University

Yiqing Lü, New York University Shanghai

Michaela Pagel, Washington University

2025 China Financial Research Conference

JBF Financial Intermediation Best Paper Award

The International Spillover of Monetary Policy Shock: New Evidence from Nighttime Light

Kaiji Chen, Emory University and Federal Reserve Bank

Qichao Wang, The Hong Kong University of Science and Technology

Juanyi Xu, The Hong Kong University of Science and Technology

Jingbo Yao, The Hong Kong University of Science and Technology

2025 China Financial Research Conference

China Financial Research Network (CFRN) Young Scholar Best Paper Award in Chinese

中国上市公司变相股权融资和减持套现：关于可转债发行的研究

张劲帆，香港中文大学（深圳）

张宇哲，香港中文大学（深圳）