5th Floor, West Tower, World Financial Centre
1 Dong San Huan Middle Road
Chaoyang District, Beijing 100020, China
Tel: +86 10 5081 5880
Email: qpeng.19@saif.sjtu.edu.cn
Advisor: Jun Pan
Research Interests: Asset Pricing, U.S. Treasury Bonds, Monetary Policy, Chinese Stock Market
Job Market Paper: The Pre-FOMC Drift and the Secular Decline in Long-term Interest Rates
Introduction: I am a seventh-year Ph.D. student at SAIF. My research focuses on asset pricing, U.S. Treasury bonds, monetary policy, and the Chinese stock market. I have a strong passion for conducting empirical research to understand the intersection of asset pricing, macro-finance, and political policy, with a central focus on how financial markets anticipate and price the uncertainty associated with market-moving events such as Federal Open Market Committee (FOMC) meetings in the U.S. and top government meetings in China.
CV Personal Website
Email: ndye.20@saif.sjtu.edu.cn
Advisor: Chun Chang, Yongxiang Wang, Xiaoyun Yu
Research Interests: Corporate Finance, Organizational and Political Economics, Finance and Development
Job Market Paper: Judicial Constraints and Expropriation Risk in Local Government Procurement Contracts: A Capital Market-Based Inference
Introduction:
My research lies at the intersection of Corporate Finance, Organizational and Political Economics. I seek to understand how institutional frictions, arising from political incentives, judicial structures, and financial intermediation, shape firm behavior and economic development in emerging markets, particularly China.
I study how political and judicial frictions influence firm behavior and capital markets, how incentive misalignments within China’s multi-layered government distort policy implementation, and how frictions in financial intermediation affect resource allocation, industrial structure, and long-term growth. Collectively, my work aims to shed light on the institutional foundations of China’s economic transformation and the broader link between finance, governance, and development.
Email: xjzheng.20@saif.sjtu.edu.cn
Advisor: Feng Li
Research Interests: Artificial Intelligence, FinTech, Behavioral Finance, Asset Pricing
Introduction: Xingjian Zheng is a sixth-year Ph.D. candidate at the Shanghai Advanced Institute of Finance (SAIF). He was a visiting PhD student at Harvard Business School, sponsored by the China Scholarship Council (CSC). His working papers on AI and behavioral decision-making have been accepted for presentation at over twenty top international conferences, including the AEA, AFA poster, ABFER poster, CICF, SFS Cavalcade, and the NAWM Econometric Society. Additionally, his research on deep learning and asset pricing has been published in the Journal of Management Science in China, a top-tier domestic journal. Xingjian has served as a discussant for multiple international conferences and as a reviewer for international journals. He is a recipient of several awards and grants, such as the National Scholarship, Academic Excellence Scholarship, Outstanding Teaching Assistant Award, and an AFA Travel Grant. In his spare time, he is a fitness coach and a huge fan for powerlifting.
CV
PhD

211 West Huaihai Road
Shanghai 200030, China
Tel: +86 21 6293 3500
9th Floor, Building T6, Hongqiao Hui
990 Shenchang Road
Shanghai 201106, China
3rd Floor, Building D, Chenfeng Building
800 Tongpu Road
Shanghai 200062, China
5th Floor, West Tower, World Financial Centre
1 Dong San Huan Middle Road
Chaoyang District, Beijing 100020, China
Tel: +86 10 5081 5880
1203 Tower 7, One Shenzhen Bay
Nanshan District, Shenzhen 518000, China
Tel: +86 755 8663 8815
© Shanghai Advanced Institute of Finance All Rights Reserved.

Top