Associate Professor in Finance
  • Ph.D. in Finance, The University of Hong Kong, Hong Kong SAR, China (2018)
  • B.A. in Economics, Tsinghua University, Beijing, China (2012)
  • Associate Professor, University of Macau (2024-present)
  • Visiting Research Fellow, University of Bath (2023-present)
  • Associate Professor, Renmin University of China (2022-2024)
  • Assistant Professor, Renmin University of China (2020-2022)
  • Assistant Professor, University of Bath (2018-2020)
  • Distinguished Yong Scholar, Renmin University of China (2020-2024)
  • Winner of the Best Paper Award in Investment, FMA Annual Meeting (2022)
  • Winner of the Best Paper Award, 9th China Investment Annual Conference (2021)
  • Winner of the Best Paper Award, The 28th SFM conference (2020)
  • Outstanding Research Postgraduate Student, The University of Hong Kong (2018)
  • Semifinalist for the Best Paper Award, FMA Annual Meeting (2022)
  • Semifinalist for the Best Paper Award, FMA Annual Meeting (2021)
  • Semifinalist for the Best Paper Award, International Young Finance Scholars’ Conference (2021)
  • Undergraduate Courses at Renmin University of China
    • Financial Engineering (2022-2024)
    • Strategic Financial Decisions (2022)
  • Graduate Courses at Renmin University of China
    • Derivatives (2021-2024)
    • Empirical Analysis in Finance (2021-2024)
    • Empirical Asset Pricing (2020-2022)
    • Financial Econometrics (2020)
  • Undergraduate Courses at University of Bath
    • Strategic Financial Decisions (2018-2020)
    • Financial Market – Derivatives (2018-2020)
  • National Natural Science Foundation of China (Project ID: 72303226; principal investigator), 2024-2026
  • The Special Funds of the National Natural Science Foundation of China (Project ID: 72341027; co-investigator), 2024
  • The Key Program of National Natural Science Foundation of China (Project ID: 72233003; co-investigator), 2023-2027
  • Empirical Asset Pricing
  • Institutional Investors
  • Behavioral Finance
  1. Shiyang Huang, Wenxi Jiang, Xiaoxi Liu, and Xin Liu (2024), Does Liquidity Management Induce Fragility in Treasury Prices: Evidence from Bond Mutual Funds, Review of Financial Studies, forthcoming (ABS4*, FT50, UTD24)
  2. Shiyang Huang, Xin Liu, Dong Lou, Christopher Polk (2024), The Booms and Busts of Beta Arbitrage, Management Science, Volume 70, Issue 8, 5367-5385 (ABS4*, FT50, UTD24)
  3. Tse-Chun Lin and Xin Liu (2018), Skewness, Individual Investor Preference, and the Cross-Section of Stock Returns, Review of Finance, Volume 22, Issue 5, 1841–1876 (ABS4, FT50)
  4. Dingwei Gu, Xin Liu, Hanwen Sun, and Huainan Zhao (2021), Strategic Insider Trading: Disguising Order Flows to Escape Trading Competition, Journal of Corporate Finance, Volume 67, 101891 (ABS4)
  5. Xin Liu, Xiaoran Ni, Zhigang Qiu, Wang Xiang, and Kailun Zhang (2024), Like a Moth to a Flame: Do Stock Market Bubbles Exacerbate Credit Risks of Peer-to-Peer Lending?, European Financial Management, forthcoming (ABS3)
  6. Xiaolin Huo, Xin Liu, Zhigang Qiu, and Sijie Yang (2023), Unpredicted Costly Dividends and Temporary Short Squeezes, European Financial Management, Volume 29, Issue 5, 1553-1575 (ABS3)
  7. Xiaolin Huo, Xin Liu, and Weinan Zheng (2023), The Term Structure of Mutual Fund Herding, European Financial Management, Volume 29, Issue 3, 901-929 (ABS3)
  8. Xin Liu, Zhigang Qiu, Luyao Shen, and Weinan Zheng (2023), Coreversal: The Booms and Busts of Arbitrage Activities in China, Journal of Empirical Finance, Volume 71, 51-65 (ABS3)
  9. Yihan Li, Xin Liu, and Vesa Pursiainen (2022), Analyst Incentives and Stock Return Synchronicity: Evidence from MiFID II, Financial Analysts Journal, Volume 78, Issue 4, 77-97 (ABS3)
  10. Xin Liu (2021), Diversification in Lottery-Like Features and Portfolio Pricing Discounts: Evidence from Closed-end Funds, Journal of Empirical Finance, Volume 62, 1-11 (ABS3)
  11. Xin Liu, Chengxi Yin, and Weinan Zheng (2021), The Invisible Burden, Journal of Financial Markets, Volume 52, 100561 (ABS3)
  12. Shiyang Huang, Xin Liu, and Chengxi Yin (2019), Investor Target Prices, Journal of Empirical Finance, Volume 54, 39-57 (ABS3)