Xinjie Wang

Southern University of Science and Technology

Associate Professor of Finance

1088 Xueyuan Blvd

Xili, Nanshan District

Shenzhen, Guangdong 518055

China

SCHOLARLY PAPERS

29

DOWNLOADS
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SSRN RANKINGS

Top 14,170

in Total Papers Downloads

6,568

SSRN CITATIONS
Rank 17,306

SSRN RANKINGS

Top 17,306

in Total Papers Citations

73

CROSSREF CITATIONS

9

Scholarly Papers (29)

1.

Geopolitical Risk and Investment

Journal of Money, Credit and Banking, Forthcoming
Number of pages: 59 Posted: 07 Jan 2019 Last Revised: 09 Jan 2023
Xinjie Wang, Yangru Wu and Weike Xu
Southern University of Science and Technology, Rutgers University, Newark - School of Business - Department of Finance & Economics and Clemson University - Department of Finance
Downloads 1,780 (18,565)
Citation 30

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geopolitical risk, uncertainty, corporate investment, irreversibility, convexity

2.

Funding Liquidity Shocks in a Quasi-Experiment: Evidence from the CDS Big Bang

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 45 Posted: 12 Feb 2016 Last Revised: 11 May 2020
Southern University of Science and Technology, Rutgers University, Newark - School of Business - Department of Finance & Economics, DePaul University and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 489 (110,187)
Citation 16

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funding liquidity, arbitrage, basis, CDS Big Bang, standardization, central clearing

The Causal Relationship between Social Media Sentiment and Stock Return: Experimental Evidence from an Online Message Forum

Economics Letters, Forthcoming
Number of pages: 23 Posted: 16 Feb 2022 Last Revised: 02 May 2022
Southern University of Science and Technology, Southern University of Science and Technology, Clemson University - Department of Finance and Renmin University of China - School of Finance
Downloads 290 (196,064)

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The Causal Relationship between Social Media Sentiment and Stock Return: Experimental Evidence from an Online Message Forum

Number of pages: 23 Posted: 09 Apr 2022
Southern University of Science and Technology, Southern University of Science and Technology, Clemson University - Department of Finance and Renmin University of China - School of Finance
Downloads 71 (614,952)

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sentiment, online message board, stock return

4.

The Role of Media in Mergers and Acquisitions

Journal of International Financial Markets, Institutions & Money, forthcoming
Number of pages: 41 Posted: 20 Sep 2019 Last Revised: 25 Jan 2021
Rose C. Liao, Xinjie Wang and Ge Wu
Rutgers University, Newark, School of Business-Newark, Department of Finance & Economics, Southern University of Science and Technology and University of Richmond
Downloads 293 (195,179)
Citation 7

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mergers, news, investor sentiment

5.

News Sentiment, Credit Spreads, and Information Asymmetry

North American Journal of Economics and Finance, Forthcoming
Number of pages: 50 Posted: 10 Aug 2018 Last Revised: 29 Feb 2020
Shanxiang Yang, Zhechen Liu and Xinjie Wang
West Virginia University - Department of Finance, Southern University of Science and Technology and Southern University of Science and Technology
Downloads 290 (197,271)
Citation 1

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credit default swap, credit risk, news sentiment

6.

Political Connections and Media Bias: Evidence from China

Number of pages: 64 Posted: 18 Nov 2020 Last Revised: 25 Oct 2023
Denis Schweizer, Xinjie Wang, Ge Wu and Aoran Zhang
Concordia University, Southern University of Science and Technology, University of Richmond and Toronto Metropolitan University (formerly Ryerson University)
Downloads 278 (205,941)
Citation 4

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China, political connections, local media bias, social cost

7.

Corporate Social Responsibility and the Term Structure of CDS Spreads

Journal of International Financial Markets, Institutions & Money, 74, 101406
Number of pages: 55 Posted: 18 Apr 2019 Last Revised: 16 Sep 2021
Feng Gao, Yubin Li, Xinjie Wang and Zhaodong Zhong
Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick, Harbin Institute of Technology, Shenzhen, Southern University of Science and Technology and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 269 (212,969)
Citation 5

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corporate social responsibility (CSR), credit default swap (CDS), term structure

8.

The Role of the Media in Hedge Fund Activism: Evidence from a Natural Experiment

Number of pages: 64 Posted: 21 May 2020 Last Revised: 08 Jun 2023
Xinjie Wang, Ge Wu and Bohui Zhang
Southern University of Science and Technology, University of Richmond and The Chinese University of Hong Kong, Shenzhen
Downloads 244 (234,462)
Citation 1

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hedge fund activism, governance, media, sentiment

9.

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 235 (244,301)
Citation 3

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Sovereign CDS Spread, Political Uncertainty, Economic Uncertainty

10.

Measuring Misleading Information in IPO Prospectuses

Review of Quantitative Finance and Accounting, forthcoming
Number of pages: 42 Posted: 07 Nov 2020 Last Revised: 24 Feb 2021
Wenbo Ma, Xinjie Wang, Yuan Wang and Ge Wu
Southern University of Science and Technology, Southern University of Science and Technology, Concordia University, Quebec and University of Richmond
Downloads 195 (289,341)

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IPO Prospectus, Misleading Information, China

11.

Economic Policy Uncertainty, CDS Spreads, and CDS Liquidity Provision

Journal of Futures Markets, Forthcoming
Number of pages: 45 Posted: 26 Sep 2017 Last Revised: 11 Jan 2023
Xinjie Wang, Weike Xu and Zhaodong Zhong
Southern University of Science and Technology, Clemson University - Department of Finance and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 189 (297,560)
Citation 4

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Policy uncertainty, Credit default swap, Liquidity provision, Market depth

12.

The COVID-19 Pandemic and Sovereign Credit Risk

China Finance Review International, Forthcoming
Number of pages: 30 Posted: 22 Jan 2021 Last Revised: 29 Apr 2021
Wei-Fong Pan, Xinjie Wang, Ge Wu and Weike Xu
Sun Yat-sen University (SYSU) - School of Business, Southern University of Science and Technology, University of Richmond and Clemson University - Department of Finance
Downloads 187 (300,356)

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13.

Debt Maturity, Leverage, and Political Uncertainty

North American Journal of Economics and Finance, Forthcoming
Number of pages: 53 Posted: 16 Dec 2018 Last Revised: 26 Apr 2019
Wei-Fong Pan, Xinjie Wang and Shanxiang Yang
Sun Yat-sen University (SYSU) - School of Business, Southern University of Science and Technology and West Virginia University - Department of Finance
Downloads 169 (328,318)
Citation 5

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Debt maturity structure, leverage, political uncertainty

14.

Post-Crisis Regulations, Market Making, and Liquidity in Over-the-Counter Markets

Journal of Banking and Finance, Forthcoming
Number of pages: 50 Posted: 19 Jan 2019 Last Revised: 03 Nov 2021
Xinjie Wang and Zhaodong Zhong
Southern University of Science and Technology and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 167 (331,798)

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Regulation, Basel III, capital requirement, liquidity, order rejection rate, price impact

15.

Does the FOMC Cycle Affect Credit Risk?

Financial Management, forthcoming
Number of pages: 45 Posted: 05 Feb 2020 Last Revised: 12 May 2021
The University of Hong Kong - Faculty of Business and Economics, Harbin Institute of Technology, Shenzhen, Southern University of Science and Technology and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 164 (336,975)

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FOMC, credit default swap, cycle, Fed, monetary policy

16.

Measuring Economic Uncertainty in China

Emerging Markets Finance and Trade, forthcoming
Number of pages: 61 Posted: 29 Aug 2019 Last Revised: 06 Jan 2021
Wei-Fong Pan, Xinjie Wang and Shixuan Wang
Sun Yat-sen University (SYSU) - School of Business, Southern University of Science and Technology and University of Reading - Department of Economics
Downloads 156 (351,596)

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economic uncertainty, China, newspaper, Granger causality, nonlinear causality

17.

Informed Trading and Variations in Trading Volume and Liquidity: Evidence from Index CDSs

Number of pages: 60 Posted: 16 Jun 2020 Last Revised: 11 Jan 2023
Pennsylvania State University - University Park - Department of Finance, Southern University of Science and Technology, Clemson University - Department of Finance and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 142 (379,350)
Citation 2

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informed trading, index CDSs, intraday trading pattern, trading costs, COVID-19

18.

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
Southern University of Science and Technology, Capital University of Economics and Business, DePaul University and Chinese University of Hong Kong (Shenzhen)
Downloads 139 (385,699)
Citation 1

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

19.

Dealer Inventory, Pricing, and Liquidity in the OTC Derivatives Markets: Evidence from Index CDSs

Journal of Financial Markets, Forthcoming
Number of pages: 40 Posted: 21 Dec 2018 Last Revised: 10 Dec 2020
Xinjie Wang and Zhaodong Zhong
Southern University of Science and Technology and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 131 (404,081)

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Inventory, CDS Spread, Liquidity, Index CDS, Dealer, Index Basis, Bid-Ask Spread

20.

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 125 (418,676)

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

21.

The Co-Movements of Credit Default Swap Spreads in China

Emerging Markets Finance and Trade
Number of pages: 33 Posted: 27 Apr 2022 Last Revised: 16 Nov 2022
Xiaoxuan Wang, Xinjie Wang and Suyang Zhao
Southern University of Science and Technology, Southern University of Science and Technology and Southern University of Science and Technology
Downloads 112 (454,600)

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systemic risk, credit default swap, China, principal component analysis

22.

Does Venture-Backed Innovation Support Carbon Neutrality?

China Finance Review International, Forthcoming
Number of pages: 20 Posted: 18 Jan 2023 Last Revised: 02 Oct 2023
Shenzhen University - College of Economics, Shenzhen University, University of North Georgia, Southern University of Science and Technology and Clemson University - Department of Finance
Downloads 88 (534,783)

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venture capital, carbon neutrality, clean technology

23.

Air Pollution and Media Slant: Evidence from Chinese Corporate News

Emerging Markets Finance and Trade, Forthcoming
Number of pages: 33 Posted: 24 May 2021 Last Revised: 29 Nov 2021
Xinjie Wang, Ge Wu, Zhiqiang Xiang and Megan Zhang
Southern University of Science and Technology, University of Richmond, Southern University of Science and Technology and University of Houston
Downloads 88 (534,783)
Citation 1

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air pollution, media slant, China

24.

The Co-Movements of Stock, Bond, and CDS Illiquidity Before, During and After the Global Financial Crisis

Journal of Financial Research, Forthcoming
Number of pages: 56 Posted: 28 Dec 2018 Last Revised: 12 Oct 2020
Xinjie Wang, Yangru Wu and Zhaodong Zhong
Southern University of Science and Technology, Rutgers University, Newark - School of Business - Department of Finance & Economics and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 85 (546,269)

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25.

Market Liquidity in a Natural Experiment: Evidence from CDS Standard Coupons

Journal of Financial and Quantitative Analysis, forthcoming
Number of pages: 48 Posted: 03 Mar 2023 Last Revised: 12 Dec 2023
Xinjie Wang, Ge Wu and Zhaodong Zhong
Southern University of Science and Technology, University of Richmond and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick
Downloads 65 (634,722)

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credit default swap, bid-ask spread, standard coupon, funding cost, search cost

26.

Expressed Sentiment on Social Media During the COVID-19 Pandemic: Evidence from the Lockdown in Shanghai

Number of pages: 25 Posted: 23 Jun 2023
Southern University of Science and Technology, The University of Hong Kong - Faculty of Business and Economics, Southern University of Science and Technology, Southern University of Science and Technology and Southern University of Science and Technology
Downloads 60 (660,781)
Citation 6

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expressed sentiment, COVID-19, lockdown, social media

27.

How Does the Creditor Conflict Affect Bond IPO Underpricing?

Journal of Finance and Data Science, Forthcoming
Number of pages: 46 Posted: 17 Mar 2021 Last Revised: 10 Apr 2021
Xinjie Wang, Yuan Wang and Xueying Zhang
Southern University of Science and Technology, Concordia University, Quebec and ShanDong University of Finance and Economics
Downloads 41 (779,536)
Citation 1

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bond, IPO underpricing

28.

The Inconsistency between Model R2 and Portfolio Sharpe Ratio: A Perspective from Imbalanced Learning

Number of pages: 55 Posted: 15 Apr 2024
Xinjie Wang and Suyang Zhao
Southern University of Science and Technology and Southern University of Science and Technology
Downloads 26 (902,800)

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29.

Biases in CDS Spreads after the CDS Big Bang

Journal of Fixed Income, Forthcoming
Posted: 05 Feb 2020 Last Revised: 27 Feb 2020
Xinjie Wang, Hongjun Yan and Zhaodong Zhong
Southern University of Science and Technology, DePaul University and Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick

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ISDA standard CDS model, CDS spread, bias, upfront payment, fixed coupon, term structure