4th HKU Summer Finance Conference

Hong Kong | May 14-15, 2026

The 4th HKU Summer Finance Conference brings together leading scholars to present and discuss cutting-edge research in finance, corporate governance, and sustainability.

May 14–15, 2026 · The University of Hong Kong

May 14, 2026 – Day 1

Time Programme
09:00 – 09:15 Registration
09:15 – 09:25 Welcome and Opening Remarks
Session 1 – Chair: Stefan Ruenzi (University of Mannheim)
09:25 – 10:05 Shaojun Zhang (The University of British Columbia / The Ohio State University)
Beyond Brown: Oil Shocks and Carbon Premium
10:05 – 10:45 Maxime Couvert (The University of Hong Kong)
The AI Proxy Advisor
10:45 – 11:05 Break
11:05 – 11:45 Yang Song (University of Washington)
Same Dollar, Different Impact: Investor Flows are Not Equally Price-Moving
11:45 – 12:25 Hannes Wagner (Bocconi University and ECGI)
Controlled Firms, Preferences, and Carbon Emissions
12:25 – 13:45 Lunch
Session 2 – Chair: Ekaterina Volkova (The University of Melbourne)
13:45 – 14:00 Alminas Zaldokas (National University of Singapore and ECGI)
Geopolitical Pressure, Consumer Demand, and Corporate Responses
14:00 – 14:15 Julian Nowag (The University of Hong Kong)
Antitrust and ESG in Finance: Risks, Possibilities, and Political Pushback
14:15 – 14:30 Denis Sosyura (Arizona State University and ECGI)
The Liberal Tilt of Financial Regulators
14:30 – 14:45 Elvira Sojli (University of New South Wales)
Goods, Services and Bundling in Firms
14:45 – 15:05 Break
Session 3 – Best Working Paper
15:05 – 15:10 Best Working Paper Award Announcement
15:10 – 15:50 Best Working Paper Award Presentation 1
15:50 – 16:30 Best Working Paper Award Presentation 2
16:30 – 16:50 Break
Session 4 – Chair: Jianfeng Hu (Singapore Management University)
16:50 – 17:05 Gloria Yu (Singapore Management University)
One Size Does Not Fit All: Contract Design in FinTech Lending
17:05 – 17:20 Yizhou Xiao (The Chinese University of Hong Kong)
Designing Index Provision
17:20 – 17:35 Jaewon Choi (Seoul National University)
De-biasing Retail Structured Products: A Field Experiment on Nudge Interventions
18:00 Dinner

May 15, 2026 – Day 2

Time Programme
09:00 – 09:15 Coffee Reception
Session 5 – Chair: Vidhan Goyal (The Hong Kong University of Science and Technology)
09:15 – 09:55 Guojun He (The University of Hong Kong)
Market vs. Planning: Emission Abatement under Incomplete Information and with Local Externalities
09:55 – 10:35 Alan Kwan (The University of Hong Kong)
The Longs and Shorts of Hedge Funds
10:35 – 11:15 Alexandra Niessen-Ruenzi (University of Mannheim and ECGI)
The Motherhood Penalty in the Mutual Fund Industry
11:15 – 11:45 Break
Session 6 – Chair: Tianyue Ruan (National University of Singapore)
11:45 – 12:00 Fangzhou Lu (The University of Hong Kong)
From Faces to Finance: AI Measurement of Promotion Pressure and Health Costs in Public Office
12:00 – 12:15 Arkodipta Sarkar (National University of Singapore)
Economic Opportunity Costs: Banking Access and Educational (Dis)Investment
12:15 – 12:30 Mingzhu Tai (The University of Hong Kong)
Technology-Driven Human Capital Risk and Household Financial Decisions
12:30 – 12:45 Jian Zhang (The University of Hong Kong)
A Tale of Two Zoos: Machine Learning Insights on Fifteen Million Retail Investors
12:45 – 14:30 Lunch
Session 7 – Chair: Lai Wei (Lingnan University)
14:30 – 15:10 Ran Duchin (Boston College)
Interlocked Benchmarking: How Do Directors Evaluate CEOs Across Multiple Boards?
15:10 – 15:50 Jarrad Harford (University of Washington and ECGI)
The Value of Corporate Patent Utilization
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