Zhigang Qiu

Renmin University of China

Professor of Finance

Room 810

Mingde Main Building, Renmin University of China

Beijing, Beijing 100872

China

  • Renmin University of China

SCHOLARLY PAPERS

20

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TOTAL CITATIONS
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Top 38,345

in Total Papers Citations

26

Scholarly Papers (20)

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1.

How does China’s Stock Market React to the Announcement of the COVID-19 Pandemic Lockdown?

Number of pages: 45 Posted: 08 May 2020 Last Revised: 26 May 2020
Xiaolin Huo and Zhigang Qiu
University of International Business and Economics (UIBE) and Renmin University of China
Downloads 435 (145,627)
Citation 10

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COVID-19, Pandemic Lockdown, China’s Stock Market, Overreaction

2.

State Ownership, Asset Prices, and Monetary Policy Transmission: A Tale of Two Sectors

Number of pages: 83 Posted: 23 Nov 2021 Last Revised: 03 Jan 2024
Frederico Belo, Dapeng Hao, Xiaoji Lin, Zhigang Qiu and Jincheng Tong
INSEAD, Tsinghua University - School of Social Sciences, University of Minnesota, Renmin University of China and University of Toronto
Downloads 354 (183,815)
Citation 1

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State ownership, monetary policy transmission, financial frictions, POE, SOE, risk premiums

3.

Institutionalization, Delegation, and Asset Prices

Journal of Economic Theory, Forthcoming
Number of pages: 69 Posted: 08 Aug 2018 Last Revised: 05 Feb 2020
Shiyang Huang, Zhigang Qiu and Liyan Yang
The University of Hong Kong - Faculty of Business and Economics, Renmin University of China and University of Toronto - Rotman School of Management
Downloads 310 (212,261)
Citation 3

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Institutionalization; delegation; information acquisition; agency problem; asset prices

4.

Sentiment Beta, and Asset Prices: Evidence from China

Number of pages: 40 Posted: 12 Oct 2021
Fengjiao Lin and Zhigang Qiu
School of Business, Ludong University and Renmin University of China
Downloads 264 (250,900)
Citation 1

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Sentiment Beta,Chinese Stock Market,Asset Pricing,Limit of Arbitrage

5.

Bond Default Matters in China: Evidence from Illiquidity Premium

Number of pages: 49 Posted: 02 Jun 2022
Haoyu Gao, Dapeng Hao, Calvin Dun Jia and Zhigang Qiu
Renmin University of China, Tsinghua University - School of Social Sciences, Peking University HSBC Business School and Renmin University of China
Downloads 249 (266,223)
Citation 2

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Default events, credit spread, illiquidity premium, flight-to-liquidity

6.

Equilibrium Informed Trading with Relative Performance Measurement

Downloads 228 (290,264)
Citation 2

Equilibrium Informed Trading with Relative Performance Measurement

Number of pages: 48 Posted: 04 Mar 2012 Last Revised: 26 Dec 2018
Zhigang Qiu
Renmin University of China
Downloads 155 (412,597)
Citation 2

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Relative performance measurement, Delegated portfolio management, rational expectations equilibrium

An Institutional REE Model with Relative Performance

Number of pages: 42 Posted: 22 Nov 2009 Last Revised: 29 Nov 2009
Zhigang Qiu
Renmin University of China
Downloads 73 (712,275)

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REE, relative performance, delegated portfolio management

7.

Pairs Trading Strategy and Connected Stocks: Evidence from China

Number of pages: 54 Posted: 24 Apr 2024
Fengjiao Lin and Zhigang Qiu
School of Business, Ludong University and Renmin University of China
Downloads 227 (291,485)

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Connected stocks, Pairs trading strategy, Chinese stock market

8.

Coreversal: The Booms and Busts of Arbitrage Activities in China

Number of pages: 42 Posted: 06 Jun 2022 Last Revised: 11 Feb 2023
Xin Liu, Zhigang Qiu, Luyao Shen and Weinan Zheng
University of Macau - Faculty of Business Administration, Renmin University of China, Renmin University of China - School of Finance and International School of Economics and Management, Capital University of Economics and Business
Downloads 170 (380,998)
Citation 1

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Coreversal; Arbitrage activities; Price overshoot; Market destabilization; Reversal

9.

Like a Moth to a Flame: Do Stock Market Bubbles Exacerbate Credit Risks of Peer-to-Peer Lending?

Number of pages: 58 Posted: 15 Sep 2021 Last Revised: 16 Jan 2023
Xin Liu, Xiaoran Ni, Zhigang Qiu and Kailun Zhang
University of Macau - Faculty of Business Administration, Xiamen University - School of Economics, Renmin University of China and The Chinese University of Hong Kong (CUHK) - CUHK Business School
Downloads 161 (399,406)
Citation 1

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Peer-to-peer lending; Credit risk; Retail investor; FinTech; Contagion

10.

The Boundary of Open Data: Implications for Financial Market and Real Efficiency

Number of pages: 62 Posted: 03 Nov 2023
Zhigang Qiu and Ziyue Wang
Renmin University of China and Renmin University of China - School of Finance
Downloads 135 (461,559)

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Open data boundary, Learning from prices, Price informativeness, Real efficiency

11.

Data Sales, Asset Prices and Competition in Product Market

Number of pages: 62 Posted: 13 Feb 2023
Zhigang Qiu, Luyao Shen and Ziyue Wang
Renmin University of China, Renmin University of China - School of Finance and Renmin University of China - School of Finance
Downloads 133 (467,273)

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Alternative data, Data sales, Learning from prices, Price informativeness, Real efficiency

12.

How Financial Influencers Rise: Performance Following and Social Transmission Bias

Number of pages: 65 Posted: 06 Jun 2024 Last Revised: 22 May 2025
Shixiang Cao, Zhigang Qiu, Xinyi Shao and Ke Song
Renmin University of China - School of Finance, Renmin University of China, Renmin University of China - School of Finance and Renmin University of China
Downloads 132 (470,083)

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13.

Government Intervention through Informed Trading in Financial Markets

Journal of Economic Dynamics and Control, Vol. 141, No. 8, 2022
Number of pages: 35 Posted: 10 Jun 2021 Last Revised: 30 Nov 2022
Shao'an Huang, Zhigang Qiu, Gaowang Wang and Xiaodan Wang
Shandong University, Renmin University of China, Shandong University and Shandong University - Center for Economic Research
Downloads 132 (470,083)
Citation 1

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government intervention; trading; price stability; price efficiency

14.

Cranes Among Chickens: The General-Attention-Grabbing Effect of Daily Price Limits in China’s Stock Market

Number of pages: 42 Posted: 15 Apr 2022
Fengjiao Lin, Zhigang Qiu and Weinan Zheng
School of Business, Ludong University, Renmin University of China and International School of Economics and Management, Capital University of Economics and Business
Downloads 118 (513,067)
Citation 4

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Chinese Stock Market, Daily Price Limits, General-Attention-Grabbing Effect

15.

What can Individual Investors Learn from Posting? Evidence from a Fintech Platform in China

Number of pages: 51 Posted: 15 Apr 2024 Last Revised: 28 May 2024
Shixiang Cao, Zhigang Qiu, Luyao Shen and Ke Song
Renmin University of China - School of Finance, Renmin University of China, Renmin University of China - School of Finance and Renmin University of China
Downloads 107 (552,171)

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Online Posts; Individual Mutual Fund Investors; Trading behavior; Fintech; Social Learning

16.

Return Seasonality and Investor Structure: A Tale of Twin Markets in China

Number of pages: 50 Posted: 27 Dec 2022
Dongxu Chen, Yue Dai and Zhigang Qiu
Renmin University of China, School of Finance, Renmin University of China and Renmin University of China
Downloads 103 (567,901)

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Return seasonality, investor structure, China’s stock market, twin market, stock connect program

17.

Information Asymmetry, Non-Learnable Payoff and the Cost of Capital

Number of pages: 43 Posted: 08 Jul 2021
Zhigang Qiu and Weinan Zheng
Renmin University of China and International School of Economics and Management, Capital University of Economics and Business
Downloads 84 (647,281)

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Information Asymmetry, Non-Learnable Payoff, Price Informativeness, Cost of Capital

18.

Sentiment Matters for Institution-Driven Comovement: Evidence from China

Number of pages: 40 Posted: 24 Oct 2022
Fengjiao Lin, Zhigang Qiu and Weinan Zheng
School of Business, Ludong University, Renmin University of China and International School of Economics and Management, Capital University of Economics and Business
Downloads 64 (753,357)

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Chinese Stock Market, Fund Common Ownership, Comovement, Investor Sentiment

19.

Safety First or Lottery First: A Mental Accounting Based Right Tail Reversal in China

Number of pages: 73 Posted: 18 Feb 2025
Fengjiao Lin and Zhigang Qiu
School of Business, Ludong University and Renmin University of China
Downloads 53 (828,680)

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Left-tail risk, Right-tail bonus, Mental accounts, Chinese stock market, Investor behaviors

20.

Can Capital Market Liberalization Attenuate Return Seasonality? A Tale of Twin Market in China

Number of pages: 31 Posted: 30 Oct 2023
Yue Dai, Zhigang Qiu, fanjia yang and Cheng Zeng
School of Finance, Renmin University of China, Renmin University of China, Central University of Finance and Economics and Renmin University of China - School of Finance
Downloads 44 (902,727)

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market liberalization, return seasonality, arbitrage anomaly, Chinese cross-listed stock