Kalok Chan

CUHK Business School

Professor

Hong Kong

SCHOLARLY PAPERS

41

DOWNLOADS
Rank 4,884

SSRN RANKINGS

Top 4,884

in Total Papers Downloads

16,863

TOTAL CITATIONS
Rank 3,750

SSRN RANKINGS

Top 3,750

in Total Papers Citations

429

Scholarly Papers (41)

1.

The Role of ESG Performance During Times of Financial Crisis: Evidence from COVID-19 in China

Number of pages: 9 Posted: 16 Jun 2020
National University of Singapore (NUS) - Sustainable & Green Finance Institute (SGFIN), CUHK Business School, The Hang Seng University of Hong Kong - Department of Economics and Finance and Xiaowei Wang
Downloads 1,359 (30,585)
Citation 90

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COVID-19, Pandemic, China, Environmental, Social and Governance (ESG)

2.

Trade Size, Order Imbalance, and the Volatility-Volume Relation

Number of pages: 39 Posted: 26 Jul 1999
Wai Ming Fong and Kalok Chan
The Chinese University of Hong Kong (CUHK) - Department of Finance and CUHK Business School
Downloads 1,319 (31,919)
Citation 8

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3.

The Informational Role of Stock and Option Volume

Number of pages: 39 Posted: 26 Jul 1999
Kalok Chan, Y. Peter Chung and Wai Ming Fong
CUHK Business School, University of California at Riverside and The Chinese University of Hong Kong (CUHK) - Department of Finance
Downloads 1,064 (43,588)
Citation 14

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4.

Information Asymmetry and Asset Prices: Evidence from the China Foreign Share Discount

Journal of Finance, Vol. 63, 2008
Number of pages: 54 Posted: 03 Aug 2003 Last Revised: 26 Jun 2008
CUHK Business School, Vrije Universiteit Amsterdam and Tsinghua University - School of Economics & Management
Downloads 1,060 (43,824)
Citation 59

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5.

Cross-Sectional Stock Return Predictability in China

Number of pages: 42 Posted: 11 Apr 2012
Nusret Cakici, Kalok Chan and Kudret Topyan
Fordham university, CUHK Business School and Manhattan College - Department of Economics and Finance
Downloads 968 (49,762)
Citation 11

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Chinese stock returns, Stock return predictors, Momentum, Stock Cheapness

6.

Stock Price Synchronicity and Analyst Coverage in Emerging Markets

Number of pages: 40 Posted: 04 Feb 2003
Allaudeen Hameed and Kalok Chan
National University of Singapore (NUS) - Department of Finance and CUHK Business School
Downloads 939 (51,845)
Citation 88

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Price Synchronicity, Security Analyst, Emerging Markets

7.

What Determines the Domestic Bias and Foreign Bias? Evidence from Equity Mutual Fund Allocations Worldwide

Number of pages: 51 Posted: 02 Aug 2004
Vicentiu Covrig, Lilian Ng and Kalok Chan
California State University, Northridge - Department of Finance, Financial Planning and Insurance, Schulich School of Business, York University and CUHK Business School
Downloads 938 (51,923)
Citation 14

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8.

Mutual Fund Herding and Dispersion of Analysts' Earnings Forecasts

Number of pages: 41 Posted: 02 Mar 2005
CUHK Business School, Nanyang Business School, Nanyang Technological University and MBS College of Business and Entrepreneurship
Downloads 890 (55,861)
Citation 14

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herding, forecast dispersion, mutual funds, analysts

9.

Stock Price Synchronicity and Liquidity

Number of pages: 38 Posted: 18 Mar 2008 Last Revised: 01 Jan 2013
Kalok Chan, Allaudeen Hameed and Wenjin Kang
CUHK Business School, National University of Singapore (NUS) - Department of Finance and Faculty of Business Administration, University of Macau
Downloads 836 (61,033)
Citation 19

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Liquidity, Price Synchronicity, adverse information risk

10.
Downloads 807 (63,787)
Citation 1

Limit Orders, Depth, and Volatility

Number of pages: 39 Posted: 28 Jul 1999
Hee-Joon Ahn, Kee-Hong Bae and Kalok Chan
Sookmyung Women's University - Division of Business Administration, York University - Schulich School of Business and CUHK Business School
Downloads 807 (62,810)
Citation 1

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Limit Orders, Depth, and Volatility

Posted: 25 Jan 2001
Kee-Hong Bae, Hee-Joon Ahn and Kalok Chan
York University - Schulich School of Business, Sookmyung Women's University - Division of Business Administration and CUHK Business School

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11.

Effects of Short-Sale Constraints on Stock Prices and Trading Activity: Evidence from Hong Kong and Mainland China

Number of pages: 42 Posted: 16 Mar 2010 Last Revised: 02 Apr 2010
Kalok Chan, Hung Wan Kot and Zhishu Yang
CUHK Business School, The Chinese University of Hong Kong and Tsinghua University - School of Economics & Management
Downloads 766 (68,308)
Citation 14

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Short-sale constraints, overvaluation, trading activity, Hong Kong market, China A-share market

12.

The Informativeness of Domestic and Foreign Investors' Stock Trades: Evidence from the Perfectly Segmented Chinese Market

Journal of Financial Markets, Vol. 10, No. 4, 2007
Number of pages: 36 Posted: 06 Aug 2003 Last Revised: 14 Jun 2008
CUHK Business School, Vrije Universiteit Amsterdam and Tsinghua University - School of Economics & Management
Downloads 633 (87,317)
Citation 14

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13.

When the Tail Wags the Dog: Industry Leaders, Limited Attention and Spurious Cross-Industry Information Diffusion

The Management Science, Forthcoming
Number of pages: 54 Posted: 23 Feb 2007 Last Revised: 17 May 2013
The Chinese University of Hong Kong, CUHK Business School, Chinese University of Hong Kong, ABFER, CEPR, and ECGI and Manchester Accounting and Finance Group, Alliance Manchester Business School, University of Manchester
Downloads 601 (93,283)
Citation 7

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Category Learning, Industry Information Diffusion

14.

Cross-Border Equity Flows and Information Transmission: Evidence from Chinese Stock Markets

Number of pages: 57 Posted: 20 Apr 2020 Last Revised: 23 Mar 2022
Jiangze Bian, Kalok Chan, Bing Han and Donghui Shi
University of International Business and Economics (UIBE), CUHK Business School, University of Toronto, Rotman School of Management and Shanghai Stock Exchange
Downloads 459 (129,910)

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Market Integration, Cross-Border Equity Flows, Information Transmission, Shanghai -Hong Kong Stock Connect

What If Trading Location is Different from Business Location? Evidence from the Jardine Group

Number of pages: 38 Posted: 10 Dec 2001
Kalok Chan, Allaudeen Hameed and Sie Ting Lau
CUHK Business School, National University of Singapore (NUS) - Department of Finance and Nanyang Technological University (NTU) - Division of Banking & Finance
Downloads 445 (133,415)
Citation 23

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What If Trading Location is Different from Business Location? Evidence from the Jardine Group

Posted: 06 Aug 2003
Kalok Chan, Allaudeen Hameed and Sie Ting Lau
CUHK Business School, National University of Singapore (NUS) - Department of Finance and Nanyang Technological University (NTU) - Division of Banking & Finance

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16.

Investor Heterogeneity and Liquidity

Journal of Financial and Quantitative Analysis, Vol. 57, No. 7, 2022
Number of pages: 65 Posted: 10 Feb 2017 Last Revised: 28 Oct 2022
Kalok Chan, Si Cheng and Allaudeen Hameed
CUHK Business School, Syracuse University - Department of Finance and National University of Singapore (NUS) - Department of Finance
Downloads 402 (151,798)
Citation 4

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Liquidity, Volatility of Liquidity, Investor Heterogeneity, Illiquidity Premium

17.

Investibility and Return Volatility in Emerging Equity Markets

Number of pages: 36 Posted: 25 Jul 2003
Kee-Hong Bae, Kalok Chan and Angela Ng
York University - Schulich School of Business, CUHK Business School and Hong Kong University of Science & Technology (HKUST) - Department of Finance
Downloads 399 (153,043)
Citation 26

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18.

Why Investors do not Buy Cheaper Securities? Evidence from a Natural Experiment

Journal of Banking and Finance, Forthcoming
Number of pages: 48 Posted: 18 Mar 2010 Last Revised: 08 Feb 2019
Kalok Chan, Baolian Wang and Zhishu Yang
CUHK Business School, University of Florida - Department of Finance, Insurance and Real Estate and Tsinghua University - School of Economics & Management
Downloads 363 (170,616)
Citation 4

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A/B share prices, portfolio inertia, trading experience, trading performance

19.

Does Home Bias Affect Firm Value? Evidence from Holdings of Mutual Funds Worldwide

Number of pages: 37 Posted: 31 Mar 2007
Lilian Ng, Kalok Chan and Vicentiu Covrig
Schulich School of Business, York University, CUHK Business School and California State University, Northridge - Department of Finance, Financial Planning and Insurance
Downloads 353 (175,380)
Citation 2

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Home Bias, Mutual Funds, Cost of Capital, Firm Value, Risk Sharing

20.
Downloads 349 (177,487)
Citation 2

Do Behavioral Biases Affect Order Aggressiveness?

Asian Finance Association (AsianFA) 2015 Conference Paper, PBCSF-NIFR Research Paper No. 13-01
Number of pages: 61 Posted: 19 Aug 2013 Last Revised: 15 Sep 2018
Jiangze Bian, Kalok Chan, Donghui Shi and Hao Zhou
University of International Business and Economics (UIBE), CUHK Business School, Shanghai Stock Exchange and Tsinghua University - PBC School of Finance
Downloads 215 (289,924)
Citation 2

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Order submission, Order aggressiveness, Disposition effect

Do Behavioral Biases Affect Order Aggressiveness?

Review of Finance, forthcoming
Number of pages: 61 Posted: 03 Oct 2016 Last Revised: 10 Nov 2021
Jiangze Bian, Kalok Chan, Donghui Shi and Hao Zhou
University of International Business and Economics (UIBE), CUHK Business School, Shanghai Stock Exchange and Tsinghua University - PBC School of Finance
Downloads 134 (439,828)

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Order submission, Order aggressiveness, Disposition effect

21.

Why Foreign Investors Trade More Frequently?

Number of pages: 49 Posted: 17 Mar 2008
Kalok Chan and Vicentiu Covrig
CUHK Business School and California State University, Northridge - Department of Finance, Financial Planning and Insurance
Downloads 262 (239,875)

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Foreign turnover, Mutual Funds, Information Disclosure, Familiarity

22.

Does Option Trading Affect the Return Predictability of Short Selling Activity?

Number of pages: 39 Posted: 09 May 2014 Last Revised: 01 Dec 2016
CUHK Business School, The Chinese University of Hong Kong and Hong Kong Baptist University (HKBU)
Downloads 235 (267,232)

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Short Sale Constraints, Behavioral, Market Efficiency, Options

23.

Odd-Lot Trading Activity and Nominal Stock Price

Number of pages: 57 Posted: 08 Sep 2020 Last Revised: 05 Aug 2021
Kalok Chan and Jinming XIE
CUHK Business School and Department of Finance, Business School, TheChinese University of Hong Kong
Downloads 209 (298,884)

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Odd-lot trade, nominal stock price, stock splits, NBBO

24.

A Comprehensive Long-Term Analysis of S&P 500 Index Additions and Deletions

Journal of Banking and Finance, Vol. 37, 2013
Number of pages: 39 Posted: 15 Nov 2015
CUHK Business School, The Chinese University of Hong Kong and Hong Kong Baptist University
Downloads 209 (298,884)
Citation 3

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S&P 500 Index Revision, Long-run Performance, Operating Performance, Information Quality, Liquidity

25.

What Determines Mutual Funds' Trading in Foreign Stocks?

Number of pages: 40 Posted: 18 Mar 2009
Kalok Chan and Vicentiu Covrig
CUHK Business School and California State University, Northridge - Department of Finance, Financial Planning and Insurance
Downloads 174 (353,339)
Citation 1

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Churn Rate, Turnover, Mutual Funds, Trading, Information Disclosure, Familiarity

26.

All are Smart: Do Short Sellers Convey More Information than Option Investors?

Number of pages: 45 Posted: 18 Mar 2011
CUHK Business School, The Chinese University of Hong Kong and Hong Kong Baptist University (HKBU)
Downloads 168 (364,262)
Citation 1

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Short Sale Constraints, Price Discovery, Options, Derivatives

27.

Do Macroeconomics Matter to Chinese Stock Returns?

Number of pages: 39 Posted: 26 Dec 2018 Last Revised: 22 Jan 2024
Kalok Chan and Samuel Xin Liang
CUHK Business School and Tyndale University
Downloads 155 (390,328)

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RMB appreciation; GDP growth; momentum factor; return predictability

28.

A Retrospective Evaluation of the Pacific-Basin Finance Journal: 1993-2002

Dice Center Working Paper No. 2002-9
Number of pages: 35 Posted: 22 Nov 2003
CUHK Business School, Cornell University - SC Johnson College of Business and University of Hawaii at Manoa - Shidler College of Business
Downloads 147 (407,622)

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29.

Idiosyncratic Skewness Preference or Measurement Error? Evidence from the Options Market

Number of pages: 30 Posted: 12 May 2018
Kalok Chan and Sophie Xiaoyan Ni
CUHK Business School and Hong Kong Baptist University (HKBU)
Downloads 141 (421,282)
Citation 1

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Options, Skewness Seeking, Measure Error

30.

Investor Participation and the Volatility-Volume Relation: Evidence from an Emerging Market

Emerging Markets Review, Forthcoming
Number of pages: 33 Posted: 19 Dec 2018 Last Revised: 08 Nov 2021
Jiangze Bian, Kalok Chan and Wai Ming Fong
University of International Business and Economics (UIBE), CUHK Business School and The Chinese University of Hong Kong (CUHK) - Department of Finance
Downloads 124 (466,041)
Citation 1

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Ownership Breadth, Volatility-Volume Relation

31.

Conditional Co-Skewness and Safe-Haven Currencies: A Regime Switching Approach

Journal of Empirical Finance, Forthcoming
Number of pages: 59 Posted: 27 Jun 2018
Kalok Chan, Jian Yang and Yinggang Zhou
CUHK Business School, University of Colorado at Denver - Business School and Department of Finance at School of Economics (SOE), and Wang Yanan Institute for Studies in Economics (WISE), Xiamen University
Downloads 89 (587,883)
Citation 8

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currency hedging; safe-haven currencies; conditional co-skewness; regime switching; international asset pricing

32.

The Relationship between Commodity Price and Currency Exchange Rate: Evidence from the Futures Markets

Commodity Prices and Markets, East Asia Seminar on Economics, Volume 20, pp. 47-71, 2011
Posted: 07 Apr 2016
Kalok Chan, Yiuman Tse and Michael Williams
CUHK Business School, University of Missouri at Saint Louis and Governors State University

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currency and commodity futures markets

33.

Can Contrarian Strategies Improve Momentum Profits

Journal of Investment Management, Vol. 4, No. 1, First Quarter 2006
Posted: 22 Apr 2006
Hung Wan Kot and Kalok Chan
The Chinese University of Hong Kong and CUHK Business School

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Price reversal, momentum strategies

34.

What Determines the Domestic Bias and Foreign Bias? Evidence from Mutual Fund Equity Allocations Worldwide

Posted: 13 Aug 2004
Vicentiu Covrig, Kalok Chan and Lilian Ng
California State University, Northridge - Department of Finance, Financial Planning and Insurance, CUHK Business School and Schulich School of Business, York University

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Home bias, mutual funds, institutional investors, diversification

35.

Free Float and Market Liquidity: A Study of Hong Kong Government Intervention

Posted: 08 Mar 2004
Kalok Chan, Yue-Cheong Chan and Wai Ming Fong
CUHK Business School, Hong Kong Polytechnic University - School of Accounting and Finance and The Chinese University of Hong Kong (CUHK) - Department of Finance

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36.

Profitability of Momentum Strategies in the International Equity Markets

Posted: 14 Sep 2000
CUHK Business School, National University of Singapore (NUS) - Department of Finance and Hong Kong Polytechnic University - School of Accounting and Finance

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37.

Return Volatility, Cross-Sectional Dispersion, and Trading Activity in the Equity and Futures Markets

Posted: 14 Sep 1999
W.P. Carey School of Business, CUHK Business School and University of Minnesota - Twin Cities - Carlson School of Management

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38.

Do the Profits from Technical Trading Rules Reflect Inefficiencies?

Posted: 10 Oct 1998
Hendrik Bessembinder and Kalok Chan
W.P. Carey School of Business and CUHK Business School

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39.

The Intraday Behavior of Bid-Ask Spreads for NYSE Stocks and Cboe Options

JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, September 1995
Posted: 25 Aug 1998
Kalok Chan, Y. Peter Chung and Herb Johnson
CUHK Business School, University of California at Riverside and University of California, Riverside (UCR) - Department of Finance and Management Science

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40.

Market Efficiency and the Returns to Technical Analysis

Financial Management, Vol 27, No 2
Posted: 21 Aug 1998
Hendrik Bessembinder and Kalok Chan
W.P. Carey School of Business and CUHK Business School

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41.

Bid-Ask Spread and Arbitrage Profitability: A Study of the Hong Kong Index Futures and Options Market

Posted: 12 Dec 1996
York University - Schulich School of Business, CUHK Business School and City University of Hong Kong (CityU) - Department of Economics & Finance

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