Guohao Tang

Hunan University - College of Finance and Statistics

Associate Professor of Finance

Lushan Road (S), Yuelu District

Changsha, Hunan 410006

China

  • Hunan University - College of Finance and Statistics

SCHOLARLY PAPERS

20

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Top 7,815

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12,239

TOTAL CITATIONS
Rank 11,623

SSRN RANKINGS

Top 11,623

in Total Papers Citations

128

Ideas:
“  I am working on empirical asset pricing, cross-sectional returns, and Chinese stock market.  ”

  • Hunan University - College of Finance and Statistics

Scholarly Papers (20)

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1.

Investor Attention and Stock Returns

Number of pages: 52 Posted: 26 Jun 2018 Last Revised: 24 Aug 2020
Jian Chen, Guohao Tang, Jiaquan Yao and Guofu Zhou
Xiamen University - School of Economics, Hunan University - College of Finance and Statistics, Jinan University - Management School and Washington University in St. Louis - John M. Olin Business School
Downloads 3,781 (6,449)
Citation 88

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Investor Attention, Stock Return Predictability, Partial Least Square (PLS), Principal Component Analysis (PCA), Out-of-sample Forecast

2.

ChatGPT and Deepseek: Can They Predict the Stock Market and Macroeconomy?

Olin Business School Center for Finance & Accounting Research Paper No. 2023/18
Number of pages: 79 Posted: 20 Dec 2023 Last Revised: 30 Apr 2025
Jian Chen, Guohao Tang, Guofu Zhou and Wu Zhu
Xiamen University - School of Economics, Hunan University - College of Finance and Statistics, Washington University in St. Louis - John M. Olin Business School and Tsinghua University - School of Economics & Management
Downloads 2,829 (10,159)
Citation 7

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LLMs, ChatGPT, DeepSeek, Textual Analysis, Return Predictability

3.

Employee Sentiment and Stock Returns

Downloads 1,352 (32,320)
Citation 8

Employee Sentiment and Stock Returns

Journal of Economic Dynamics and Control, 2023
Number of pages: 53 Posted: 22 Jun 2020 Last Revised: 09 Mar 2023
Jian Chen, Guohao Tang, Jiaquan Yao and Guofu Zhou
Xiamen University - School of Economics, Hunan University - College of Finance and Statistics, Jinan University - Management School and Washington University in St. Louis - John M. Olin Business School
Downloads 1,181 (38,790)
Citation 8

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Employee Sentiment, Glassdoor, Return Predictability, Extrapolative Expectation

Employee Sentiment and Stock Returns

Number of pages: 55 Posted: 18 Oct 2022
Jian Chen, Guohao Tang, Jiaquan Yao and Guofu Zhou
Xiamen University - School of Economics, Hunan University - College of Finance and Statistics, Jinan University and Washington University in St. Louis - John M. Olin Business School
Downloads 171 (379,055)

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Employee Sentiment, Glassdoor, Return Predictability, Extrapolative Expectation

4.

Q-Theory, Mispricing, and Profitability Premium: Evidence from China

Asian Finance Association (AsianFA) 2017 Conference
Number of pages: 54 Posted: 04 Aug 2015 Last Revised: 17 Jan 2017
Fuwei Jiang, Xinlin Qi and Guohao Tang
Xiamen University, Industrial and Commercial Bank of China (ICBC), Global Market Dept. and Hunan University - College of Finance and Statistics
Downloads 628 (92,789)
Citation 21

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Profitability premium, Chinese stock market, Investment frictions, Q-theory, Mispricing

5.

A New Firm-level Investor Sentiment

Number of pages: 55 Posted: 28 Sep 2022 Last Revised: 22 Apr 2024
Guohao Tang, Yiyong Wu and Fuwei Jiang
Hunan University - College of Finance and Statistics, Hunan University - College of Finance and Statistics and Xiamen University
Downloads 482 (129,051)

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Firm-Level Sentiment, Speculative demand, Noise Trader

6.

Global Mispricing Matters

Number of pages: 76 Posted: 10 Mar 2023 Last Revised: 17 Apr 2023
Fuwei Jiang, Hongkui Liu, Guohao Tang and Jiasheng Yu
Xiamen University, Chinese Academy of Social Sciences (CASS) - Institute of Economics, Hunan University - College of Finance and Statistics and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 413 (154,911)

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Long-short anomaly portfolio return, International stock markets, Return predictability, Global mispricing, Sentiment

7.

Taming the Global Factor Zoo *

Number of pages: 56 Posted: 13 Dec 2024
Jian Chen, Yufeng Han, Guohao Tang and Yifeng Zhu
Xiamen University - School of Economics, University of North Carolina (UNC) at Charlotte - Finance, Hunan University - College of Finance and Statistics and School of Finance, Central University of Finance and Economics
Downloads 382 (169,610)

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JEL classifications: G12, G14 Global Factor Models, Machine Learning, International Asset Pricing, Anomalies

8.

Intangible Assets Aligned: In Search of Return Predictability

Number of pages: 90 Posted: 29 Sep 2020 Last Revised: 12 Jun 2023
Cunfei Liao, Fuwei Jiang, Fujing Jin and Guohao Tang
Nanjing University of Science and Technology - School of Economics and Management, Xiamen University, Beijing Jiaotong University, School of Economics and Management and Hunan University - College of Finance and Statistics
Downloads 374 (173,211)

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Intangible assets, I-SCORE, Partial least squares, Risk-based theory, Sentiment

9.

Firm Characteristics and Chinese Stocks

Number of pages: 41 Posted: 19 Jul 2018
Fuwei Jiang, Guohao Tang and Guofu Zhou
Xiamen University, Hunan University - College of Finance and Statistics and Washington University in St. Louis - John M. Olin Business School
Downloads 328 (200,009)
Citation 2

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Partial Least Square, Firm Characteristics, Systematic Factor, Chinese Stock Market

10.

Firm-level Investor Sentiment and Stock Returns *

Number of pages: 54 Posted: 07 Nov 2024
Yiyong Wu, Guohao Tang, Wentao Guo and Fuwei Jiang
Hunan University - College of Finance and Statistics, Hunan University - College of Finance and Statistics, Central University of Finance and Economics (CUFE) - Center for China Fiscal Development and Xiamen University
Downloads 252 (263,417)

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Firm-Level Sentiment, Speculative demand, Noise Trader

11.

Does U.S. Academic Research Destroy the Predictability of Global Stock Returns?

Number of pages: 48 Posted: 16 Jan 2024
Guohao Tang, Yuwei Xie and Lin Zhu
Hunan University - College of Finance and Statistics, Hunan University - School of Finance and Statistics and Guangdong University of Finance & Economics
Downloads 231 (287,130)

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Anomalies; Global stock markets; Publication effect; Mispricing

12.

From Macro to Micro: Sparse Macroeconomic Risks and the Cross-section of Stock Returns

Number of pages: 60 Posted: 13 May 2023 Last Revised: 22 Apr 2024
Lin Zhu, Fuwei Jiang, Guohao Tang and Fujing Jin
Guangdong University of Finance & Economics, Xiamen University, Hunan University - College of Finance and Statistics and Beijing Jiaotong University, School of Economics and Management
Downloads 207 (318,855)

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Sparse Macroeconomic Risks; Cross-sectional stock returns; Sparse PCA; Mispricing

13.

Smart Money or Chasing Stars: Evidence from Northbound Trading in China

Number of pages: 54 Posted: 05 May 2022 Last Revised: 31 Oct 2022
Cunfei Liao, Guohao Tang and Xiaoying (Cynthia) Xu
Nanjing University of Science and Technology - School of Economics and Management, Hunan University - College of Finance and Statistics and Central University of Finance and Economics (CUFE) - School of Finance
Downloads 155 (413,112)

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Abnormal holding value ratio, Stock Connect Mechanism, Chinese Stock Market, Firm Quality

14.

Extrapolation beyond Peers: An Asset Pricing Perspective

Number of pages: 47 Posted: 15 Oct 2022 Last Revised: 14 Jul 2023
Guohao Tang, Yiyong Wu and Guanyu Lou
Hunan University - College of Finance and Statistics, Hunan University - College of Finance and Statistics and Hunan University - School of Finance and Statistics
Downloads 153 (417,655)
Citation 1

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Biased belief, Market Beta, Industry Beta, Extrapolative Expectation

15.

Media Abnormal Tone and Cross-Section of Stock Returns: Evidence from China

Accounting and Finance, forthcoming
Number of pages: 46 Posted: 20 Oct 2022 Last Revised: 27 Mar 2024
Lu Yan, Yong Ma, Chang-Shuai Li and Guohao Tang
Hunan University - School of Finance and Statistics, Hunan University - School of Finance and Statistics, Hunan University - School of Finance and Statistics and Hunan University - College of Finance and Statistics
Downloads 147 (431,580)

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Media abnormal tone, Mispricing, Firm abnormal performance, Overreaction, Media following suit

16.

Macro Tail Risk and Stock Returns

Downloads 132 (473,748)

Macro Tail Risk and Stock Returns

Number of pages: 50 Posted: 09 Jan 2025
Jian Chen, Xiaowei Li, Yangshu Liu and Guohao Tang
Xiamen University - School of Economics, Wenzhou Business College, Xiamen University - School of Management and Hunan University - College of Finance and Statistics
Downloads 94 (615,453)

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Macro Tail Risk, Return Predictability, Out-of-sample, Partial Least Squares (PLS)

Macro Tail Risk and Stock Returns

Number of pages: 57 Posted: 08 Apr 2025
Jian Chen, Xiaowei Li, Yangshu Liu and Guohao Tang
Xiamen University - School of Economics, Wenzhou Business College, Xiamen University - School of Management and Hunan University - College of Finance and Statistics
Downloads 38 (986,044)

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Macro Tail Risk, Return Predictability, Out-Of-Sample, Partial Least Squares (PLS)

17.

Aggregate Liquidity Premium and Cross-Sectional Returns: Evidence from China

Economic Modelling, Vol. 104, 2021
Number of pages: 43 Posted: 12 Nov 2020 Last Revised: 21 Sep 2021
Cunfei Liao, Qianlin Luo and Guohao Tang
Nanjing University of Science and Technology - School of Economics and Management, affiliation not provided to SSRN and Hunan University - College of Finance and Statistics
Downloads 112 (534,642)
Citation 1

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Aggregate Liquidity Premium, Information Aggregation, Partial Least Squares, Mispricing, New-Factor Model

18.

Does Generative AI Impact Stock Price Crash Risk? Evidence from China

Number of pages: 17 Posted: 08 Oct 2024
Yiyong Wu, Min Tian and Guohao Tang
Hunan University - College of Finance and Statistics, Hunan University of Technology and Business and Hunan University - College of Finance and Statistics
Downloads 105 (560,976)

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LLMs, Stock price crash, Chinese financial market, Generative artificial intelligence

19.

Price Limits and Overreacted Trading: Evidence from China

Number of pages: 37 Posted: 24 Dec 2022 Last Revised: 15 Nov 2024
ZhaoXiang Zeng and Guohao Tang
Hunan University and Hunan University - College of Finance and Statistics
Downloads 101 (577,033)

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Price Limits Hitting Effect, Investor Attention, Overreacted Trading

20.

Does Generative Ai Impact Stock Price Crash Risk? Evidence from China

Number of pages: 19 Posted: 19 Sep 2024
Yiyong Wu, Min Tian and Guohao Tang
Hunan University, Hunan University of Technology and Business and Hunan University - College of Finance and Statistics
Downloads 75 (697,646)

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Generative artificial intelligence, LLMs, Stock price crash, Chinese financial market