Ning Zhu is a Professor of Finance at the Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University. He is a Global leading expert on China's economy and financial system. Professor Ning Zhu is a faculty fellow at the Yale University and General Secretariat at the International Finance Forum. Previously, he was a chair professor at Tsinghua University and tenured professor of finance at University of California. He provides advising government agencies and corporations in the world and is frequently featured in global media. In addition to his academic research, Professor Zhu helps asset management companies in a wide range of capacities. He has published award-winning and best selling "China's Guaranteed Bubble" and "The Investors' Enemy". During his leave from the University of California in 2008-2010, he leads award-winning quantitative strategies and portfolio advisory teams at Lehman Brothers and Nomura.
Jingchi Liao, Cameron Peng, Ning Zhu, 2022, Extrapolative Bubbles and Trading Volume, The Review of Financial Studies
Conghui Hu, Yu-Jane Liu, Ning Zhu, 2021, Deleveraging Commonality, Journal of Financial Markets
Hu, Conghui, Yu-Jane Liu, and Ning Zhu, 2019, De-Leverage and Illiquidity Contagion, Journal of Banking & Finance
Chenjun Fang, and Ning Zhu, 2019, Name complexity, cognitive fluency, and asset prices, Review of Financial Economics
Chang, Matthew C., Chih‐Ling Tsai, Rebecca Chung‐Fern Wu, and Ning Zhu, 2018, Market Uncertainty and Market Orders in Futures Markets, Journal of Futures Markets
Liao, Li, Zhisheng Li, Weiqiang Zhang, and Ning Zhu, 2014, Exercise to Lose Money? Irrational Exercise Behavior from the Chinese Warrants Market, Journal of Futures Markets
Fan, Joseph P.H., Jun Huang, and Ning Zhu, 2013, Institutions, ownership structures, and distress resolution in China, Journal of Corporate Finance
Seasholes, Mark S. and Ning Zhu, 2013, Investing in What you Know: The Case of Individual Investors and Local Stocks, Journal of Investment Management
Liao, Li, Zhisheng Li, Weiqiang Zhang, and Ning Zhu, 2012, Does the location of stock exchange matter? A within-country analysis, Pacific-Basin Finance Journal
Zhu, Ning, 2011, Household Consumption and Personal Bankruptcy, Journal of Legal Studies
Luo, Wei, Yi Zhang, and Ning Zhu, 2011, Bank ownership and executive perquisites: New evidence from an emerging market, Journal of Corporate Finance
Li, Wenli, Michelle J. White, and Ning Zhu, 2011, Did Bankruptcy Reform Cause Mortgage Defaults to Rise?, American Economic Journal: Economic Policy
Seasholes, Mark S., and Ning Zhu, 2010, Individual Investors and Local Bias, The Journal of Finance
Liu, Yu-Jane, Chih-Ling Tsai, Ming-Chun Wang, and Ning Zhu, 2010, Prior Consequences and Subsequent Risk Taking: New Field Evidence from the Taiwan Futures Exchange, Management Science
Griffin, Paul A. and Ning Zhu, 2010, Accounting Rules? Stock Buybacks and Stock Options: Additional Evidence, Journal of Contemporary Accounting & Economics
White, Michelle J., and Ning Zhu, 2010, Saving your Home in Chapter 13 Bankruptcy, Journal of Legal Studies
Nicolodi, Gina, Liang Peng, and Ning Zhu, 2009, Do Individual Investors Learn from their Trading Experience?, Journal of Financial Markets
Lin, Xiaochi, Yi Zhang, and Ning Zhu, 2009, Does Bank Ownership Increase Firm Value? Evidence from China, Journal of International Money and Finance
Barber Brad, Terrance Odean, and Ning Zhu, 2009, Systematic Noise, Journal of Financial Markets
Working Papers1. Zhu, Ning, and Mark Seasholes, 2010, The Local Bias of Individual Investors.
2. Zhu, Ning, Ravi Dhar, and Dan Ariely, Why Individuals Favor Split Stocks.
3. Zhu, Ning, Ravi Dhar, William Goetzmann, and Shane Shepherd, The Impact of Clientele Change: Evidence from Stock Splits.
4. Zhu, Ning, Search Costs and Individual Choice between Direct and Delegated Portfolio Management.
5. Zhu, Ning, Mao-Wei Hung, Yu-Jane Liu, and Chia-Fen Tsai, Portfolio Choice and Background Risk: New Evidence from Taiwan.
6. Zhu, Ning, Li Liao, Zhisheng Li, Weiqiang Zhang, Security Supply and Bubble: a Natural Experiment from the Chinese Warrants Market.
7. Zhu, Ning, Yu-Jane Liu, and Yi-Tsung Lee, Is There Information in Insider Trading? New Evidence from Taiwan.
8. Zhu, Ning, and Arturo Bris, Momentum Profit, Contrarian Profit, and Short Sales around the World.
9. Zhu, Ning, Arturo Bris, and Douglas Baird, The Dynamics of Large and Small Chapter 11 Cases: An Empirical Study.
10. Zhu, Ning, and Christopher Malloy, Mutual Fund Choices and Investor Demographics.
11. Zhu, Ning, and Steven Strauss, Buy-Side Analysts, Sell-Side Analysts, and Equity Trading Businesses.