Associate Professor
Department of Finance
Academic Director of MSc in Finance
Zhanhui CHEN
陳展輝
陳展輝
PhD in Finance
Texas A & M University, 2011
PhD in Quantitative Economics
Tsinghua University, 2004
Research Interest
- Asset pricing
- Capital markets
- Macrofinance
- Investments
- Market efficiency anomalies
Publications
2024 7
Managing Weather Risk with a Neural Network-Based Index Insurance
Article
Learning the Stochastic Discount Factor
Conference paper
Learning the Stochastic Discount Factor
Conference paper
Learning the Stochastic Discount Factor
Conference paper
Learning the Stochastic Discount Factor
Conference paper
Learning the Stochastic Discount Factor
Conference paper
Transition Risk under Capital Misallocation: The Deployment of Solar Power Plants in China
Conference paper
2023 1
Longevity Shocks and Corporate Debt Markets
Conference paper
2022 5
Inferring Stock Duration Around FOMC Surprises: Estimates and Implications
Article
Local gender imbalance and corporate risk-taking
Article
Debt Market Responses to Longevity Shocks
Conference paper
Life Expectancy and Corporate Debt Markets
Conference paper
Life Expectancy and Corporate Debt Markets
Conference paper
2021 4
Risk aversion sensitive real business cycles
Article
Debt Market Responses to Longevity Shocks
Conference paper
Debt Market Responses to Longevity Shocks
Conference paper
Decoding the pricing of uncertainty shocks
Conference paper
2020 1
Liquidity and Mispricing: Decomposing Disagreement
Conference paper
2019 2
In search of preference shock risks: Evidence from longevity risks and momentum profits
Article
Liquidity and Mispricing: Decomposing Disagreement
Conference paper
2016 1
Time-to-produce, inventory, and asset prices
Article
2012 1
Does idiosyncratic volatility proxy for risk exposure?
Article
Conference paper 1
Conference paper 1
Conference paper 1
2016 1
Time-to-produce, inventory, and asset prices
Article
2012 1
Does idiosyncratic volatility proxy for risk exposure?
Article
Teaching Assignment
| FINA5210 | Investment Analysis |
| FINA7900D | Doctoral Seminar: Empirical Asset Pricing |
| IMBA6920B | Project on Current Issues |
| IMBA5570 | Strategic Investment |
| SBMT3200U | Corporate Project |
| DBAP5410 | Asset Allocation and Portfolio Analysis |
| IMBA5340 | Investment Analysis |
| SBMT3200U | Corporate Project |
| FINA5210 | Investment Analysis |
| FINA7900D | Doctoral Seminar: Empirical Asset Pricing |
| GFIN6980 | Integrative Project in Global Finance |
| IMBA5340 | Investment Analysis |
Research Postgraduate (RPG) Supervision
From January 2021 to December 2024 (As of 21 November 2024)
Current RPGs
Doctor of Philosophy
-
CHU, Zhuang
Finance
Graduated RPGs
Master of Philosophy
-
LI, Zitong
Finance( Completed in 2024 )
Projects
From January 2022 to December 2024
-
Empowering Hong Kong Finance with A Quantum Algorithm Platform
以量子算法平臺賦能香港金融 Participating
Research Impact Fund
Project Team (HKUST)- LI Yingying (Lead)
- CHEN Zhanhui
- GUO Yike
- SHAO Qiming
2024 - -
Carbon pricing: Price informativeness and strategic interactions among stakeholders
碳定價：碳價格信息含量與利益相關者的策略互動 Leading
RGC - General Research Fund
Project Team (HKUST)- CHEN Zhanhui (Lead)
2024 - -
Life Insurers and Corporate Bond Liquidity
壽險公司與企業債券市場流動性 Leading
RGC - General Research Fund
Project Team (HKUST)- CHEN Zhanhui (Lead)
2023 - -
Developing Hong Kong as a Global Green Finance Centre
發展香港成為全球的綠色金融中心 Participating
RGC - Theme-based Research Scheme
Project Team (HKUST)- ZHANG Chu (Lead)
- CHAN Keith
- CHEN Zhanhui
- CHENG Jack Chin Pang
- CHOI Darwin
- DELINA Laurence Laurencio
- FUNG Jimmy Chi Hung
- HUANG Allen Hao
- HUI Kai Lung
- IM Eun Soon
- LAU Alexis Kai Hon
- LI Yingying
- LOH Kung Wai Christine
- MUKHERJEE Abhiroop
- PANAYOTOV George Kamenov
- PARK Albert Francis
- SHI Xiaoming
- STEUER Benjamin
- TAM Kar Yan
- ZALDOKAS Alminas
2022 - -
Equity Investment Dynamics of Duration-Sensitive Long-Term Investors
久期敏感型長期投資者的股權投資研究 Leading
RGC - General Research Fund
Project Team (HKUST)- CHEN Zhanhui (Lead)
2020 - 2023