Research Seminar

Seminar Coordinators: Prof. Wenxi JIANG and Prof. Yizhou XIAO

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Zhang, Hua

Chinese Name: 張華
Image:
Education: BEng (Tianjin); MBA, PhD (McGill)
Position:

Professor
Director, MSc Program in Finance (Part Time)

Department: Dept of Finance
Mailing Address: Room 1216, 12/F, Cheng Yu Tung Building, No.12, Chak Cheung Street, Shatin, N.T., Hong Kong
Telephone: (852) 3943 7760
Fax No.: (852) 2603 6586
Email Address: hzhang@cuhk.edu.hk
Biography:
Dr. ZHANG Hua is currently a professor and the director of the MSc Program in Finance (part-time) in the Department of Finance, the Chinese University of Hong Kong.  His main research interests are investments, capital markets, corporate finance, fixed income and derivative securities.  He has...

Dr. ZHANG Hua is currently a professor and the director of the MSc Program in Finance (part-time) in the Department of Finance, the Chinese University of Hong Kong.  His main research interests are investments, capital markets, corporate finance, fixed income and derivative securities.  He has published over 20 papers in finance and economics journals.  He received 5 best paper awards in international conferences.  He has served/is serving on editorial boards of five finance journals.  Prof. Zhang has extensive teaching experience at BBA, MBA, EMBA, MPhil/PhD as well as executive training programs.  He has been awarded eight the Faculty of Business Administration Teaching Awards.

Research Interest: Capital Markets; Corporate Finance; Derivative Securities
Academic Publications & Working Papers:
Title
Zhang, Hua, Choi, Siu-Kai, forthcoming, Trading Costs and Price Discovery . Review of Quantitative Finance and Accounting, Volume 34 No. 1
Zhang, Hua, Xu, Nianhang, Wu, Shinong, 2008, <附加承诺能有效传递公司价值的信号吗? -- 来自我国上市公司股权分置改革的证据. 《管理世界》, 142-151
Zhang, Hua, 2005, Share Price Performance Following Actual Share Repurchases . Journal of Banking and Finance, 29, 1887-1901
Yung, Hei Ming Haynes, Zhang, Hua, 2003, An Empirical Investigation of the GARCH Option Pricing Model: Hedging Performance . Journal of Futures Markets, 23(12), 1191-1207
Yung, Hei Ming Haynes, Zhang, Hua, Chow, Ying Foon, 2003, Expiration Day Effects: The Case of Hong Kong . Journal of Futures Markets, 23(1), 67-86
Zhang, Hua, 2002, Share Repurchases under Commercial Law 212-2 in Japan: Market Reaction and Actual Implementation . Pacific-Basin Finance Journal, 10, 287-305
Zhang, Hua, Duan, Jin-Chuan, 2001, Pricing the Hang Seng Index Options around the Asia Financial Crisis: The GARCH Approach . Journal of Banking and Finance, 25, 1989-2014
Zhang, Hua, 1999, Dynamics of the Short-Term Interest Rate after the 1979-1982 Monetary Experiment . Journal of Fixed Income, 9(3), 35-41
Zhang, Hua, Wu, Yangru, 1997, Do Interest Rates Follow Unit-Root Processes? - Evidence from Cross-Maturity Treasury-Bill Yields . Review of Quantitative Finance and Accounting, 8, 69-81
Zhang, Hua, Wu, Yangru, 1997, Forward Premiums as Unbiased Predictors of Future Currency Depreciation: A Nonparametric Analysis . Journal of International Money and Finance, 6(4), 609-23
Zhang, Hua, Wu, Yangru, 1996, Asymmetry in Forward Exchange Rate Bias: A Puzzling Result .Economics Letters, 50, 407-411
Zhang, Hua, Wu, Yangru, 1996, Mean Reversion in Interest Rates - New Evidence from a Panel of OECD Countries . Journal of Money, Credit and Banking, 28(4), 604-621
Zhang, Hua, Kryzanowski, Lawrence, Xu, Kuan, 1995, Determinants of the Decreasing Term Structure of Relative Yield Spreads for Taxable and Tax-Exempt Bonds . Applied Economics, 27
Zhang, Hua, Hung, Mao-Wei, 1995, Price Movements and Price Discovery in the Municipal Bond Index and the Index Futures Markets . Journal of Futures Markets, 15(3)
Research Grants:
TitleFundPeriod
Price Formation Dynamics in Hong Kong Equity Index Markets 香港股票指數與指數期貨市場的價格形成機制 Research Grants Council (Earmarked Grants)
01/01/2007 to 06/30/2009
A Study on Share Repurchases in Hong Kong 香港股票回購研究 Research Grants Council (Earmarked Grants)
12/15/2000 to 12/14/2002
Weak Moments in the Efficient Methods of Moments 有效矩分析方法的微矩問題 Research Grants Council (Earmarked Grants)
08/31/2000 to 08/30/2002