Jiang, Griffin Wenxi(江文熙)
BA, MS (Renmin); PhD (Yale University)

Professor
Director, MSc Programme in Finance
Cheng Yu Tung Building
12 Chak Cheung Street
Shatin, N.T., Hong Kong
+852 3943 3732
wenxijiang@baf.cuhk.edu.hk
Biography
Prof. Wenxi (Griffin) Jiang is Professor of Finance at CUHK Business School, The Chinese University of Hong Kong. He graduated from Yale University with a PhD in Financial Economics in 2015. His research interests include financial institution, climate finance, investor behavior, and Chinese financial markets. His research papers appear at the Journal of Econometrics, The Journal of Finance, and the Review of Financial Studies. Prof. Jiang teaches “Financial Markets,” “China Finance,” and “Impact Investment” to undergraduate, master, and various executive program at CUHK. He is the recipient of the Faculty Teaching Excellence Award and Vice Chancellor’s Exemplary Teaching Award.
Teaching Area
Financial Markets
Chinese Financial Markets
Impact Investment
Research Interests
Asset Pricing
Financial Institutions
Investor Behaviour
Climate Finance
Chinese Financial Markets
- Selected Publications
- Darwin Choi, Wenxi Jiang, and Chao Zhang (2025), “Alpha Go Everywhere: Machine Learning and International Stock Returns,” Review of Asset Pricing Studies.
- Christopher Hansman, Harrison Hong, Wenxi Jiang, Jane Liu, Juanjuan Meng (2025), “Effects of Credit Expansions on Stock Market Booms and Busts,” Review of Financial Studies, 38.5 (2025): 1502–1544.
- Shiyang Huang, Wenxi Jiang, Xiaoxi Liu, and Xin Liu (2025), “Does Liquidity Management Induce Fragility in Treasury Prices? Evidence from Bond Mutual Funds,” Review of Financial Studies, 38.2 (2025): 337-380
- Wenxi Jiang (2024), “Leveraged Speculators and Asset Prices,” Review of Finance, 28.3 (2024): 769–804.
- Jinghan Cai, Jibao He, Wenxi Jiang, and Wei Xiong (2021), “The Whack-A-Mole Game: Tobin Taxes and Trading Frenzy,” Review of Financial Studies, 34.12 (2021): 5723–5755.
- Darwin Choi, Wenxi Jiang, and Zhenyu Gao (2019), “Attention to Global Warming,” Review of Financial Studies, 33.3, 1112–1145.
- Ting Chen, Zhenyu Gao, Jibao He, Wenxi Jiang, and Wei Xiong (2019), “Daily Price Limits and Destructive Market Behavior,” Journal of Econometrics, 208.1, 249-264.
- Harrison Hong, Wenxi Jiang, Na Wang, and Bin Zhao (2014), “Trading for Status,” Review of Financial Studies, 27(11), 3171-3212.
- Joseph Chen, Harrison Hong, Wenxi Jiang, and Jeffrey Kubik (2013), “Outsourcing Mutual Fund Management: Firm Boundaries, Incentives, and Performance,” Journal of Finance, 68(2), 523-558.
- Awards & Honours
- Asset Pricing Best Paper Award, China Finance Research Conference (CFRC), 2024
- Vice Chancellor’s Exemplary Teaching Award, The Chinese University of Hong Kong, 2023
- Best Paper Award, Renmin University School of Finance Alumni Forum, 2023
- CICF Best Paper Award, China International Conference in Finance, 2021
- Faculty Teaching Excellence Award, CUHK Business School, 2018, 2023
- Faculty Teaching Merit Award, CUHK Business School, 2023–2019, 2017, 2016