Xiaolu Hu

RMIT University - School of Economics, Finance and Marketing

Lecturer

Level 12, 239 Bourke Street

Melbourne, Victoria 3000

Australia

SCHOLARLY PAPERS

10

DOWNLOADS

724

SSRN CITATIONS

8

CROSSREF CITATIONS

0

Ideas:
“  I am currently working on topics related to the Chinese bond market, credit rating industry behavior and empirical asset pricing.  ”

Scholarly Papers (10)

1.

Understanding Credit Risk for Chinese Companies using Machine Learning: A Default-Based Approach

NYU Stern School of Business Forthcoming
Number of pages: 76 Posted: 23 Nov 2020 Last Revised: 12 Mar 2021
Edward I. Altman, Xiaolu Hu and Jing Yu
New York University (NYU) - Salomon Center, RMIT University - School of Economics, Finance and Marketing and The University of Sydney
Downloads 147 (242,811)

Abstract:

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Default risk; Chinese bond market; Z-score; Distress risk premium

2.

Information Asymmetry and Credit Rating: A Quasi-Natural Experiment from China

Asian Finance Association (AsianFA) 2018 Conference, Journal of Banking and Finance, Vol. 106, 2019
Number of pages: 1 Posted: 28 Sep 2017 Last Revised: 17 Mar 2020
RMIT University - School of Economics, Finance and Marketing, Macquarie University, Macquarie University and Macquarie University
Downloads 133 (262,774)
Citation 5

Abstract:

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Credit ratings; Information asymmetry; Rating quality; Investor-pay model; Public utility model

3.

A Factor Model of Company Relative Valuation

Number of pages: 63 Posted: 19 Feb 2021
Xiaolu Hu, Malick O. Sy and Liuren Wu
RMIT University - School of Economics, Finance and Marketing, RMIT University - School of Economics, Finance and Marketing and City University of New York, CUNY Baruch College - Zicklin School of Business
Downloads 122 (280,340)

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Company valuation; factor model; valuation factors; relative value ratio; market pricing of valuation factors; value investing; factor returns; market timing of financing decisions

4.

Dynamic Optimality of Airline Fuel Cost Hedging

Baruch College Zicklin School of Business Research Paper No. 2019-11-01
Number of pages: 71 Posted: 27 Nov 2019 Last Revised: 16 Dec 2019
Xiaolu Hu, Malick O. Sy and Liuren Wu
RMIT University - School of Economics, Finance and Marketing, RMIT University - School of Economics, Finance and Marketing and City University of New York, CUNY Baruch College - Zicklin School of Business
Downloads 115 (292,324)

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hedging dynamic optimality; crude futures; supply shocks; demand shocks; airline industry; optimal fuel cost hedging

5.

Foreign Ownership in Chinese Credit Ratings Industry: Information Revelation or Certification?

Journal of Banking and Finance, Vol. 118, 2020
Number of pages: 19 Posted: 14 Jan 2019 Last Revised: 24 Jul 2020
Xiaolu Hu, Jing Shi, Lafang Wang and Jing Yu
RMIT University - School of Economics, Finance and Marketing, Macquarie University, Hunan University and The University of Sydney
Downloads 83 (361,448)
Citation 3

Abstract:

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Credit rating; Foreign ownership; Chinese debt market

6.

Intra-industry Spill-Over: Evidence from Chinese Bond Default

Number of pages: 54 Posted: 07 Dec 2019
Xiaolu Hu, Leslie Luo, Vivian Xu and Jiang Li
RMIT University - School of Economics, Finance and Marketing, University of Melbourne, University of Melbourne and Beijing Shenghuadingxin Investment Company. LTD
Downloads 75 (383,282)

Abstract:

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Intra-industry; Spill-over; Contagion; Chinese debt market; Default

7.

Who watches the Auctioneer? Supervising primary bond markets to reduce agency costs

Number of pages: 67 Posted: 19 Apr 2021 Last Revised: 20 Jul 2021
Macquarie University, RMIT University - School of Economics, Finance and Marketing, Macquarie University and Beijing Shenghuadingxin Investment Company. LTD
Downloads 25 (593,640)

Abstract:

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Auction; Bonds; China; Primary Markets; Underwriter Manipulation

8.

Rating shopping: evidence from the Chinese corporate debt security market

Chang, Z., Hu, X., Pan, Z. and Shi, J., 2020. Rating shopping: evidence from the Chinese corporate debt security market. Accounting & Finance.
Number of pages: 28 Posted: 27 Jul 2018 Last Revised: 17 Dec 2020
Zhang Chang, Xiaolu Hu, Zheyao Pan and Jing Shi
Jiangxi University of Finance and Economics - School of Finance, RMIT University - School of Economics, Finance and Marketing, Macquarie University and Macquarie University
Downloads 23 (606,907)

Abstract:

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Business relationship; Credit rating agencies; Rating shopping

9.

Locational Effects and the Cost of Corporate Bonds: The Role of Information

Accounting & Finance, Vol. 59, pp. 1977-2016, 2019
Number of pages: 40 Posted: 19 Mar 2020
Shandong University of Finance and Economics, RMIT University - School of Economics, Finance and Marketing, Macquarie University, Macquarie University and Zhongnan University of Economics and Law - School of Accounting
Downloads 1 (776,775)
Citation 1
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Bond yield spreads, Firm location, Geographic peer effects, Information environment

10.

Learning from SARS: Return and Volatility Connectedness in COVID-19

Finance Research Letters, Vol. 41, 2021
Posted: 28 Jun 2021
RMIT University, Australia, Massey University, Albany campus, RMIT University - School of Economics, Finance and Marketing and RMIT University - School of Economics, Finance and Marketing

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COVID-19; SARS 2003; Spillover; Volatility connectedness; Return connectedness