主要研究领域

中国资本市场，资产定价，科技与金融

主要学术成果

1. ``Firm-initiated Stock Trading Suspension During a Market Crash," with Jennifer Huang, Donghui Shi, and Bin Zhao,  Journal of Banking and Finance (2025), 177, 107473

2. ``Can Stock Trading Suspension Calm Down Investors During Market Crises?" with Weihua Chen, Jennifer Huang, and Donghui Shi, Journal of Financial Markets (2024), 71, 100934

3. ``Endogenous Asset Fire Sales and Bank Lending Incentives," Quarterly Journal of Finance (2020), 10(4), 2150002

4.  ``Investment Shocks and Asset Prices: An Investment-based Approach," with Lorenzo Garlappi, Journal of Financial and Quantitative Analysis (2020), 55(8), 2665--2699

5.  ``Capital Utilization, Market Power, and the Pricing of Investment Shocks," with Lorenzo Garlappi, Journal of Financial Economics (2017), 126(3), 447--470

6.  ``Can Investment Shocks Explain the Cross-Section of Equity Returns?" with Lorenzo Garlappi, Management Science (2017), 63(11), 3829--3848

7.  ``Asset Growth and Idiosyncratic Return Volatility," Review of Finance (2016), 20(3), 1235--1258