Associate Professor in Finance
Programme Coordinator of MSc in Finance
  • Ph.D. in Finance, University of Hong Kong, Hong Kong, 2013
  • Assistant Professor in Finance, National Taiwan University, 2017-2018
  • Post-doc Fellow, University of Hong Kong, 2013-2017
  • Undergraduate Courses
    • Financial Modeling (FINC4009)
    • Graduation Project on Applied Finance (FINC4011)
    • Honours Project (HONR4000)
  • Graduate Courses
    • Research Method (FINC753)
    • Financial Risk Management (FINC7035)
  • Corporate Governance
  • Information Dynamics in Financial Markets
  • Corporate Finance
  • Short Selling
  • Option Trading
  1. Sandy Lai , Chen Lin , Xiaorong Ma (2023), RegTech Adoption and the Cost of Capital, Management Science, Forthcoming (ABS4*, FT50, UTD)
  2. Andreas Karathanasopoulos, Chia Chun Lo, Xiaorong Ma, Zhenjiang Qin (2021), Maintaining cost and ruin probability, Review of Quantitative Finance and Accounting, Vol 57, pages 759–793 (ABS3)
  3. Eric C. Chang, Tse-Chun Lin, Xiaorong Ma (2020), Governance Through Trading on Acquisitions of Public Firms, Journal of Corporate Finance , Volume 65, 101764 (ABS4)
  4. Adrian C. H. Lei, Xiaorong Ma, and Martin H. Y. Yick (2020), Callable Bull/Bear Contracts, Call Auction Sessions and Price Manipulations: Evidence from Hong Kong , Journal of Futures Markets , Volume 40, Issue 11, 1731-1750 (ABS3)
  5. Eric C. Chang, Tse-Chun Lin, Xiaorong Ma (2019), Does Short-selling Threat Discipline Managers in Mergers and Acquisitions Decisions?, Journal of Accounting and Economics , Volume 68, Issue 1, 101223 (ABS4*, FT50, UTD)
  1. Stock Price Crashes and Equity Lending Market Condition: Evidence from Lending Fees and Fee Risk with Eric C. Chang and Tse-Chun Lin, presented at The European Summer Symposium in Financial Markets (ESSFM) and FMA 2020 (Semi-finalist)
  2. The Tradeoff between Risk Sharing and Information Production in Financial Markets: Evidence from Stock Splits with Eric C. Chang and Tse-Chun Lin, presented at CICF, and World Finance & Banking Symposium
  1. The Effect of Stock Market Indexing on Option Market Quality with Eric C. Chang, Li Ge, and Tse-Chun Lin