Skip to content Skip to main navigation

About FBE

Building on
a Century of Excellence

Academic Staff


Dr. Yan XU


Associate Professor

[ Personal Website ]

2859 7037
Dr. Yan XU

Hidden Script

[Do not edit or remove this area]
There are 3 sections for "Publications" with 'More...':
1st Section Name: [Selected Publications]
- List the 10 latest publications in this section
2nd Section Name [ 'blank' ] <Delete this Section if no content>
- List the remaining older publications
3rd Section Name [ 'blank' ] <Delete this Section if no content>
- With function to show 'More...' and the edit link to personal homepage


Dr. Yan XU received his Ph.D. from the University of South Carolina in 2007.  Yan joined The University of Hong Kong (HKU) as an Associate Professor of Finance in 2013.  Prior to joining HKU, Yan had worked as a quantitative research analyst in State Street Global Advisors and had been an Assistant Professor of Finance in the University of Rhode Island from 2008 to 2013.

Yan’s main research interests are in international financial markets, empirical asset pricing, applied time-series analysis, financial development and economic growth.  His research was published in academic journals such as Journal of Financial Economics, Review of Financial Studies, and Journal of Financial and Quantitative Analysis

Currently Yan teaches Derivatives and International Financial Management at the undergraduate level.  For more details of his research and teaching, please visit webpage:

Areas of Interest

  • International Financial Markets
  • Empirical Asset Pricing
  • Applied Time-Series Analysis
  • Financial Development and Economic Growth


  • Ph.D., University of South Carolina


  • “Improving Mean Variance Optimization through Sparse Hedging Restrictions,”
    (with Shingo Goto), Journal of Financial and Quantitative Analysis, 50, Dec 2015, pp. 1415-1441.
  • “Financial Development and Innovation: Cross Country Evidence”,
    (with Po-Hsuan Hsu and Xuan Tian), Journal of Financial Economics, 112, 1 April 2014, pp. 16-135
  • “The Asset Growth Effect: Insights from International Stock Markets,”
    (with Akiko Watanabe, Tong Yao, and Tong Yu), Journal of Financial Economics, 108, May 2013, pp. 529-563.
  • “Strategic Disclosure And Stock Returns: Theory And Evidence From U.S. Cross-Listing,”
    (with Shingo Goto and Masahiro Watanabe), Review of Financial Studies, 22, April 2009, pp. 1585-1620.

For a full and up-to-date profile, please visit


Office Room 929, KK Leung Building
Tel. (852) 2859 7037

Back to top

Back to top

Join FBE Mailing List

* Required Field


  • Fill in all required fields *.
  • Please make sure all the above personal data is correct and you are strongly encouraged to notify the Faculty of Business and Economics of The University of Hong Kong via email: if there are any changes in your contact information.

Personal Data Collection

The Faculty of Business and Economics will send you information related to the Faculty including news, event updates, newsletters and/or promotional information through the personal data which you have provided. The Faculty will keep all personal data strictly confidential and will not provide contacts in any form to a third party. If you do not wish to receive information from the Faculty, please contact