Choi, Darwin(蔡達銘)

BS Econ, BS Eng (Penn); PhD (Yale University)

Associate Professor


Department of Finance

Room 1256, 12/F
Cheng Yu Tung Building
12 Chak Cheung Street
Shatin, N.T., Hong Kong

+852 3943 5301


Prof. Darwin Choi is an Associate Professor in the Department of Finance at The Chinese University of Hong Kong (CUHK) Business School. Before joining CUHK, he was an Assistant Professor of Finance at the Hong Kong University of Science and Technology (HKUST) from 2009 to 2016. He received his PhD degree in Finance from Yale University in 2009 and BS in Economics and BS in Engineering degrees from the University of Pennsylvania in 2004. Prof. Choi’s research interests include behavioural finance, mutual funds and hedge funds, climate finance, and labour, focusing on how market conditions and investor psychology influence capital allocations. His work has been published in the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Financial Markets, and Journal of Economic Behavior and Organization.

Teaching Areas

Options and Futures

Research Interests

Behavioural Finance
Mutual Funds and Hedge Funds
Climate Finance

  • Awards & Honours
    • Faculty Teaching Excellence Award, CUHK Business School, The Chinese University of Hong Kong, 2018-2019
    • Securities & Futures Institute Best Paper Award, Asian Finance Association International Conference 2012
    • The Franklin Prize for Teaching Excellence, HKUST Business School, 2012