Jinfan Zhang

Chinese University of Hong Kong (Shenzhen)

Associate Professor

Shenzhen

China

SCHOLARLY PAPERS

22

DOWNLOADS
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Top 16,232

in Total Papers Downloads

5,700

SSRN CITATIONS
Rank 12,903

SSRN RANKINGS

Top 12,903

in Total Papers Citations

106

CROSSREF CITATIONS

10

Scholarly Papers (22)

1.

A Tale of Riskiness: The Real Effects of Share Pledging on the Chinese Stock Market

Number of pages: 64 Posted: 31 Aug 2018 Last Revised: 08 Apr 2022
Qingbin Meng, Xiaoran Ni and Jinfan Zhang
Renmin University of China - Finance Department, Xiamen University - School of Economics and Chinese University of Hong Kong (Shenzhen)
Downloads 873 (51,218)
Citation 10

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Share pledging; Risk-taking; Monitor; Creditor; Emerging Market

2.

Anticipated and Repeated Shocks in Liquid Markets

Number of pages: 38 Posted: 15 Aug 2010 Last Revised: 03 May 2013
Dong Lou, Hongjun Yan and Jinfan Zhang
London School of Economics & Political Science (LSE), DePaul University and Chinese University of Hong Kong (Shenzhen)
Downloads 839 (54,030)
Citation 57

Abstract:

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Liquidity, Capital mobility, Supply shocks, Treasury auctions

3.

Collateral-Motivated Financial Innovation

Number of pages: 50 Posted: 08 Mar 2012 Last Revised: 16 Aug 2014
Ji Shen, Hongjun Yan and Jinfan Zhang
London School of Economics & Political Science (LSE), DePaul University and Chinese University of Hong Kong (Shenzhen)
Downloads 484 (109,074)
Citation 14

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Financial Innovation, Collateral, Financial Intermediation, Leverage

4.

Global and Local Information Efficiency: An Examination of Samuelson’s Dictum

Number of pages: 39 Posted: 13 Feb 2017 Last Revised: 10 Mar 2023
Yaqing Xiao, Hongjun Yan and Jinfan Zhang
Capital University of Economics and Business, DePaul University and Chinese University of Hong Kong (Shenzhen)
Downloads 356 (155,243)
Citation 1

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Samuelson’s Dictum, sovereign bond, sovereign CDS, macro inefficiency.

5.

Superstition Everywhere

Number of pages: 49 Posted: 14 Mar 2022 Last Revised: 25 May 2023
Jinfan Zhang and Huancheng Du
Chinese University of Hong Kong (Shenzhen) and Central University of Finance and Economics
Downloads 291 (192,451)

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superstition, anchoring, ambiguity, overoptimism, overpricing, stock, bond, exchange rate, commodity, China

6.

A Global Version of Samuelson’s Dictum

forthcoming at the American Economic Review: Insights
Number of pages: 25 Posted: 23 Mar 2021 Last Revised: 29 Sep 2021
Yaqing Xiao, Hongjun Yan and Jinfan Zhang
Capital University of Economics and Business, DePaul University and Chinese University of Hong Kong (Shenzhen)
Downloads 290 (193,155)

Abstract:

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Samuelson’s Dictum, Sovereign CDS, Efficiency

7.

Is There Investment Value in Soft Dollar Arrangements? Evidence from Mutual Funds

Review of Financial Studies Forthcoming, 29th Annual Conference on Financial Economics & Accounting 2018
Number of pages: 58 Posted: 02 Aug 2018 Last Revised: 28 Oct 2022
Department of Finance, Ohio University, Miami University of Ohio - Richard T. Farmer School of Business Administration, Vanderbilt University - Finance, University of Delaware - Lerner College of Business and Economics and Chinese University of Hong Kong (Shenzhen)
Downloads 288 (195,236)
Citation 2

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Soft-dollar arrangements, broker commissions, mutual funds, sell-side research, industry knowledge, analyst coverage terminations

8.

Optimal Shadow Banking

Number of pages: 55 Posted: 20 Apr 2021 Last Revised: 07 Oct 2022
Zehao Liu, Ting Yang and Jinfan Zhang
School of Finance, Renmin University of China, North China University of Technology and Chinese University of Hong Kong (Shenzhen)
Downloads 262 (214,020)

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Shadow Banking, Information Production, Moral Hazard, Bank Regulation, Financial System in China

9.

Political Connection, Corporate Philanthropy and Efficiency: Evidence from China's Anti-Corruption Campaign

Journal of Comparative Economics, Forthcoming
Number of pages: 61 Posted: 18 Jan 2019 Last Revised: 29 Apr 2020
Yu Liu, Jinfan Zhang, Xiaoxue Zhao and Zhuoqun Hao
Fudan University - School of Economics, Chinese University of Hong Kong (Shenzhen), Wesleyan University and The Chinese University of Hong Kong, Shenzhen
Downloads 247 (226,904)
Citation 5

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Corporate donation, government subsidy, political connection, efficiency, China's anti-corruption campaign

10.

Finance Leases: In the Shadow of Banks

Chang, Jeffery (Jinfan), Ting Yang and Yanping Shi, 2022 Finance Leases: In the Shadow of Banks, Review of Finance, Volume 26, Issue 3, May 2022, 721–749.
Number of pages: 67 Posted: 29 Jan 2021 Last Revised: 30 Sep 2022
Jinfan Zhang, Ting Yang and Yanping Shi
Chinese University of Hong Kong (Shenzhen), North China University of Technology and University of International Business and Economics (UIBE) - School of International Trade and Economics
Downloads 237 (236,265)
Citation 1

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Finance Lease, Shadow Banking, Relationship Banking, Regulation Arbitrage

11.

The Effect of Economic and Political Uncertainty on Sovereign CDS Spreads

International Review of Economics and Finance, forthcoming
Number of pages: 37 Posted: 24 Jun 2019 Last Revised: 29 Jul 2023
Sun Yat-sen University (SYSU) - School of Business, Southern University of Science and Technology, Capital University of Economics and Business, Clemson University - Department of Finance and Chinese University of Hong Kong (Shenzhen)
Downloads 225 (248,297)
Citation 3

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Sovereign CDS Spread, Political Uncertainty, Economic Uncertainty

12.

The ‘Ex-Dividend Day’ Anomaly Under a Behavioral Dividend Clientele View: Evidence From China

Number of pages: 39 Posted: 21 Jul 2020 Last Revised: 22 Jul 2020
Huancheng Du, Xiaoran Ni and Jinfan Zhang
Central University of Finance and Economics, Xiamen University - School of Economics and Chinese University of Hong Kong (Shenzhen)
Downloads 196 (281,962)

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Ex-dividend day, cash dividend, dividend price, behavioral dividend clientele

13.

Ripples into Waves: Trade Networks, Economic Activity, and Asset Prices

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 52 Posted: 05 Oct 2021 Last Revised: 18 Oct 2021
Chinese University of Hong Kong (Shenzhen), Central University of Finance and Economics, London School of Economics & Political Science (LSE) and London School of Economics
Downloads 175 (312,001)

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Sovereign CDS, Return predictability, Trade networks, Limited attention, Information aggregation

14.

Does Stock Market Boost Firm Innovation? Evidence from Chinese Firms

Number of pages: 55 Posted: 09 Apr 2016
Hui He, Hanya Li and Jinfan Zhang
International Monetary Fund (IMF), Shanghai University of Finance and Economics and Chinese University of Hong Kong (Shenzhen)
Downloads 147 (361,495)

Abstract:

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Innovation, IPO, Capital market, Tobin's Q

15.

Issuance Overpricing of China's Corporate Debt Securities

NBER Working Paper No. w26815
Number of pages: 52 Posted: 09 Mar 2020 Last Revised: 09 Apr 2023
Yi Ding, Wei Xiong and Jinfan Zhang
Chinese University of Hong Kong, Shenzhen, Princeton University - Department of Economics and Chinese University of Hong Kong (Shenzhen)
Downloads 141 (373,623)

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16.

Under-reaction in the Sovereign CDS Market

Journal of Banking and Finance, Accepted
Number of pages: 43 Posted: 14 May 2019 Last Revised: 24 May 2021
Xinjie Wang, Yaqing Xiao, Hongjun Yan and Jinfan Zhang
Southern University of Science and Technology, Capital University of Economics and Business, DePaul University and Chinese University of Hong Kong (Shenzhen)
Downloads 139 (377,863)
Citation 1

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Underreaction, Macro information, Sovereign CDS, Predictability, Limits to arbitrage

17.

Public News and Market Liquidity: Evidence from the CDS Market

Number of pages: 41 Posted: 30 Dec 2019
Sun Yat-sen University (SYSU) - School of Business, Southern University of Science and Technology, West Virginia University - Department of Finance, Chinese University of Hong Kong (Shenzhen) and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 122 (417,807)

Abstract:

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credit default swap, liquidity, news coverage, news sentiment, institutional investors

18.

Famine and Young Leader Boom—China’s 1962-63 Phenomenon

Number of pages: 40 Posted: 22 Apr 2021
Jinfan Zhang and Pengcheng Liu
Chinese University of Hong Kong (Shenzhen) and affiliation not provided to SSRN
Downloads 101 (479,686)

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Famine, Meritocracy, Entrepreneur, Politician

19.

Rationality Test in the Housing Market: Project-level Evidence from China

Number of pages: 46 Posted: 20 Dec 2017 Last Revised: 13 Dec 2021
Yifan Chen, Zongxin Qian, Jianhua Gang and Jinfan Zhang
Pennsylvania State University, Renmin University of China - School of Finance, Renmin University of China and Chinese University of Hong Kong (Shenzhen)
Downloads 95 (499,431)

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Housing market, Heterogeneous panel, Returns decomposition, Aggregation bias

20.

Does the Stock Market Boost Firm Innovation?: Evidence from Chinese Firms

IMF Working Paper No. 17/147
Number of pages: 57 Posted: 09 Aug 2017
Hui He, Hanya Li and Jinfan Zhang
International Monetary Fund (IMF), Shanghai University of Finance and Economics and Chinese University of Hong Kong (Shenzhen)
Downloads 84 (539,333)

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China, People's Republic of, Asia and Pacific, China, Corporate governance, IPO, Innovation, Financial Constraint, State Ownership, Firm Behavior: Empirical Analysis, Innovation and Invention: Processes and Incentives, Asia including Middle East

21.

The Invisible Hand of the State in Privatization

Number of pages: 46 Posted: 22 Nov 2022 Last Revised: 10 Mar 2023
Jinfan Zhang and Yuzhe Zhang
Chinese University of Hong Kong (Shenzhen) and The Chinese University of Hong Kong, Shenzhen - School of Management and Economics
Downloads 59 (653,277)

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The Split Share Structure Reform, Privatization, Financial reform, China

22.

China's Financial Interlinkages and Implications for Inter-Agency Coordination

IMF Working Paper No. 16/181
Number of pages: 31 Posted: 09 Dec 2016
Min Liao, Tao Sun and Jinfan Zhang
International Monetary Fund (IMF), International Monetary Fund (IMF) and Chinese University of Hong Kong (Shenzhen)
Downloads 49 (711,164)

Abstract:

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Financial sector, China, Stock markets, Housing, Markets, Shadow banking, Financial institutions, Economic integration, Systemic risk assessment, financial landscape, risks, policy coordination