Education
| 2018 | Ph.D., Finance, INSEAD, France and Singapore |
| 2012 | Bachelor of Science (with distinction) in Economics, Minor in English Literature, Beijing Foreign Studies University, China |
Current Position(s) Held
| Jul 2018 - Now | Assistant Professor of Finance Lee Kong Chian School of Business, Singapore Management University |
Awards, Recognition and Honors
- Winner of ANU-FIRN Banking & Financial Stability Meeting best paper award, 2025
- Winner of WRDS best conference paper award at EFMA, 2024
- Winner of Australian Stock Exchange PrIze for the best paper on Derivatives at AFBC, 2024
- SMU Most Promising Teacher Award Nomination, 2022
- Dean’s Teaching Honour List, 2021
- Runner-up in the 2019 Toronto FinTech Conference, 2019
Research Interests
- Digital Finance
- Financial Intermediation
Selective Research
1. “Do Bank CEOs Learn From Crisis Experiences?” , Journal of Financial Economics, 166, 104009
2. "Bank Competition amid Digital Disruption: Implications for Financial Inclusion", with Erica Xuewei Jiang, Jinyuan Zhang, Journal of Finance, 2026, Vol. 81(4), 1951-2004
3. “Flight to Bitcoin” with Yanlin Bao, Jinyuan Zhang, accepted at Management Science
4. "One Size Does Not Fit All: Contract Design in FinTech Lending", with Jianfeng Hu, Changcheng Song, accepted at Journal of Financial Economics
5. "Retail Option Trading and Market Quality: Evidence from High-Frequency Data", with James O′Donovan, Jinyuan Zhang
6. "Grand Theft Identity: The Privacy Costs of Digitalization", with Kenny Phua, Chishen Wei
7. The Economics of Financial Scams: Evidence from Initial Coin Offerings, with Kenny
Phua, Bo Sang, Chishen Wei