
Education
Hong Kong University of Science and Technology Ph.D. in Business Administration Jul. 2014
Renmin University of China M.A. in Finance Jun. 2007
Renmin University of China B.A. in Finance Jul. 2005
Employment
Peking University HSBC Business School, Tenured Associate Professor, February 2026 — Present
Peking University HSBC Business School, Assistant Professor of Accounting, August 2022 — January 2026
Peking University HSBC Business School, Visiting Assistant Professor, December 2021 – July 2022
The Chinese University of Hong Kong, Assistant Professor of Accounting, July 2014—July 2021
Honors and Awards
2018 Best Paper Award, China Financial Research Conference
2023-2024 Peking University HSBC Business School Excellent Faculty Award
Publications
1. Capital-Market Consequences of Asymmetric Output-Price Rigidities, 2020, Journal of Monetary Economics, Vol 114, p. 221-239.
2. Anticompetitive Effects of Common Ownership: The Case of Paragraph IV Generic Entry (with Joseph Gerakos), 2020, AEA Papers and Proceedings, Vol 110, p. 569-572.
3. Horizontal Shareholdings and Paragraph IV Generic Entry in the U.S. Pharmaceutical Industry, 2021, The Antitrust Bulletin, Vol 66(1), p.100-112.
4. Undisclosed Material Inflation Risk (with Yaniv Konchitchki), 2023, Journal of Monetary Economics, Vol 140 (Supplement), p. S82-S100.
5. Price Rigidities and the Value of Public Information (with Lifeng Gu), 2024, Journal of Accounting Research, Vol 62 (1), p. 137-179.
6. Accounting Standards and Antidumping Investigations (with Stephen Teng Sun and Shang-Jin Wei), 2025, Journal of Accounting and Economics, Vol 80 (2-3), p. 101810.
7. Punish One, Teach A Hundred: The Sobering Effect of Punishment on the Unpunished (with Francesco D'Acunto and Michael Weber), 2025, Management Science, Forthcoming.