In July 2019, the 10th Summer Institute of Finance Conference (SIF), hosted by Shanghai Advanced Institute of Finance (SAIF), Shanghai Jiao Tong University (SJTU), was held in Ningbo. Nearly 50 scholars, professors and researchers from top universities and financial institutions from all over the world gathered in Ningbo to discuss cutting-edge topics of financial research.
Prof. Nengjiu Ju, Professor of Finance at SAIF, served as Chairman of the Conference. Prof. Kewei Hou, Distinguished Professor at SAIF and Professor of Finance at the Max M. Fisher College of Business at Ohio State University, acted as Chairman of the Paper Review Committee. Prof. Hong Yan, Associate Dean and Professor of Finance at SAIF and Associate Director of China Academy of Financial Research (CAFR); Prof. Harold Zhang, Distinguished Professor of Finance at SAIF and Professor of Finance at Naveen Jindal School of Management at the University of Texas at Dallas; Prof. Peter L. Mitchelson, Distinguished Professor of Finance at SAIF and Professor at University of Toronto Rotman School of Management; Prof. Liyan Yang, SIT Investment Professor of Investment Strategy; and Prof. Songnan Chen, Professor at SAIF, attended the seminar.
The event received 277 qualified submissions from all over the world, of which 12 papers were shortlisted. The event covered six topics, namely “Uncertainties”, “News Analysis”, “Banking System and Bank Run”, “Private Sector”, “P2P Lending”, and “Financial Market Anomalies”.
During the day and a half event, the professors and doctorate candidates presented and reviewed the papers. Institutions represented included: University of Lausanne, IMD; Erasmus University in Rotterdam; Rutgers University Business School; Stockholm School of Economics; University of Toronto; University of Texas at Dallas; Indiana University; Ohio State University Fischer School of Business; Tsinghua University; University of International Business and Economics; Nanjing University; Zhejiang University; Central University of Finance and Economics; Fudan University; Hong Kong University; Hong Kong University of Science and Technology; National University of Singapore; SAIF; and other Asian institutions.
Twelve professors and scholars shared their latest findings at the seminar, ranging from: the financial intermediary asset pricing model, the premium that increases uncertainty, the impact of TV commercials on real-time investor behaviors, the news dynamics to institutionalization, the licensing and asset pricing, and the dynamic model of banking system. They also explored whether the private sector can learn from the stock market, the valuation of mutual funds on private companies, and the analysis on social interactions and P2P loans. One of the papers discussed 231 abnormal performance patterns in China's A-share market.
During the event, the scholars and professors made suggestions and conducted in-depth discussions on the issues of interest with the presenters and reviewers. The atmosphere at the site was warm and inspiring.
