معرفی
OU-YANG Hui serves as the Dean's Distinguished Chair Professor of Finance and Senior Associate Dean at Cheung Kong Graduate School of Business (CKGSB). With dual PhDs from UC Berkeley and Tulane University, he brings extensive academic expertise combined with significant industry experience from his roles as Managing Director at UBS, Lehman Brothers, and Nomura Securities where he led quantitative strategies teams.
His educational background includes:
- PhD in Finance, University of California, Berkeley
- PhD in Chemical Physics, Tulane University
- Postdoctoral Training in Chemical Physics, California Institute of Technology (under Nobel Laureate Rudy Marcus)
Professor Ou-Yang's research focuses on the development of asset pricing and corporate finance models, with particular expertise in Asset Pricing, Corporate Finance, Fixed Income, Integrated Models of Asset Pricing, Internet Finance, Moral Hazard, Quantitative Strategies and Research, and Risk Management. His work bridges theoretical finance with practical applications, often exploring how market participants process information and how this affects asset prices and trading strategies. A significant portion of his research examines the interaction between different types of market participants, information asymmetry, and how these factors influence market efficiency and price formation.
His extensive publication record demonstrates a consistent focus on understanding market dynamics through rigorous quantitative approaches. His work spans theoretical modeling, empirical analysis, and practical applications in both traditional and emerging financial markets. Professor Ou-Yang has made significant contributions to understanding portfolio delegation, strategic trading, differences of opinion among market participants, and the application of continuous-time models to financial problems. His more recent work has increasingly focused on Chinese financial markets and the unique challenges and opportunities presented by China's economic development and financial innovation.
Professor Ou-Yang has received numerous prestigious awards for his scholarly contributions:
- Barclays Global Investors/Michael Brennan Runner-Up Award for the best paper published in the Review of Financial Studies
- Outstanding Professor Award (Professor of the Year), Global Executive MBA, Fuqua Business School, Duke University (2004)
- The Society of Quantitative Analysts Award (2005 Western Finance Association Meetings)
- Third place award for the best paper at the 2004 China International Finance Association Meeting
With his extensive industry experience as a managing director at major financial institutions, Professor Ou-Yang brings practical insights to his academic work and teaching. He has developed various structured products and trading strategies during his industry career, including "Hedging and Outperforming Inflations in China, Hong Kong, Korea, Malaysia, Singapore and Thailand," "Asset Allocation using Macro Signals," and "Relative Value Commodity Strategies." His industry experience informs his research on practical financial problems and enhances his ability to mentor students interested in both academic and industry careers in finance.
While the text doesn't explicitly mention specific labs or research teams he leads at CKGSB, his role as Senior Associate Dean and Dean's Distinguished Chair Professor suggests he plays a significant leadership role in shaping the research direction of the finance faculty at CKGSB. His work on Chinese financial markets, internet finance, and the international expansion of Chinese companies indicates he likely oversees research initiatives focused on China's evolving financial landscape and its integration with global markets.
