Kuong, John Chi-fong（鄺梓楓）

Biography

Professor John Kuong is an Associate Professor of Finance (with tenure) at CUHK Business School since 2024. Prior to CUHK Business School, he was an assistant professor at INSEAD, teaching Corporate Financial Policy in the MBA programme, and Research Topics in Corporate Finance and Corporate Finance Theory in the PhD programme. John has obtained a PhD in Finance from the London School of Economics, an MSc in Financial Economics from the Toulouse School of Economics, and a BBA from the University of Macau. He has also completed a PhD research internship at the International Monetary Fund in Washington D.C. His main area of research is banking and corporate finance. His recent research investigates the fragility of the modern collateral-based banking system, the design of central clearing, and frictions in non-bank financial intermediation.

Teaching Areas

Corporate Finance
Capital Markets
Banking

Research Interests

Corporate Finance
Financial Intermediation
Information Economics
Market Microstructure

• Publications & Working Papers
  • Sergei Glebkin and John Kuong (2023), “When Large Traders Create Noise,” Journal of Financial Economics, 150(2), 103709.
  • John Kuong and Vincent Maurin (2023), “The Design of a Central Counterparty,” Journal of Financial and Quantitative Analysis, First View, pp. 1-43.
  • John Kuong (2021), “Self-fulfilling Fire Sales: Fragility of Collateralized Short-term Debt Markets,” The Review of Financial Studies, 34(6), 2910-2948.
  • Sergei Glebkin, Naveen Gondhi, and John Kuong (2021), “Funding Constraints and Informational Efficiency,” The Review of Financial Studies, 34(9), 4269-4322.
  • John Kuong and Jing Zeng (2021), “Securitization and Optimal Foreclosure,” Journal of Financial Intermediation, 48, 100885.

  Working papers

  • John Kuong and Max Bruche, “Dealer Funding and Market Liquidity.”
  • John Kuong, James O’Donovan, and Jinyuan Zhang, “Monetary Policy and Fragility in Corporate Bond Mutual Funds.”

• Awards & Honours
  • INSEAD Dean’s Commendation for Excellence in MBA Teaching, 2020
  • SIX Best Paper Award at SGF conference, 2019
  • Winner of Best Paper Awards in CSEF 2nd conference on “Bank Performance, Financial Stability and the Real Economy” at Capri, 2015
  • Winner of Deutsche Bank Prize in Financial Risk Management and Regulation, 2014

• Academic/Professional Services
  • Member, Finance Theory Group, since 2015
  • Research Affiliate , CEPR, since January 2021