Lingling Zheng

Academic Position

• 2019 – Present
  Associate Professor of Finance, School of Business, Renmin University of China
• 2014 – 2019
  Assistant Professor of Finance, School of Business, Renmin University of China

Education

• 2009 – 2014 Imperial College London Ph.D. in Finance
• 2008 – 2009 Imperial College London MSc in Finance
• 2004 – 2008 Renmin University of China B.A. in Economics

Research Interests

Asset Pricing, Anomalies, Hedge Funds, Mutual Funds and Short Sellers

Courses

• Financial Management, Undergraduate
• Investments, Undergraduate
• Asset Pricing Theory, Ph.D.

Publications

Selected Acedemic Articles

1. Fundamental Analysis and the Cross-section of Stock Returns: A Data-mining Approach, with Sterling Yan, Review of Financial Studies, Volume 30, Issue 4, (2017), 1382–1423
2. Shorting Flows, Public Disclosure, and Market Efficiency, with Xue Wang and Sterling Yan, Journal of Financial Economics, Volume 135, Issue 1, (2020), 191-212
3. Financial Industry Affiliations and Hedge Fund Performance, with Sterling Yan, forthcoming in Management Science
4. Should Mutual Fund Investors Time Volatility?, with Feifei Wang and Sterling Yan, forthcoming in Financial Analysts Journal
5. Time-Series and Cross-Sectional Momentum in Anomaly Returns, with Feifei Wang and Sterling Yan, forthcoming in European Financial Management
6. Do Sophisticated Investors Follow Fundamental Analysis Strategies? Evidence from Hedge Funds and Mutual Funds, with Feifei Wang and Sterling Yan, forthcoming in the Review of Accounting Studies
7. Do Fund Managers Time Momentum? Evidence from Mutual Fund and Hedge Fund Returns, with Feifei Wang, forthcoming in the European Financial Management

Working Papers

• The Price Effect of Temporary Short-selling Bans: Theory and Evidence, with Haoshu Tian and Sterling Yan (R&R at Journal of Financial Markets)
• Real-time Machine Learning in the Cross-Section of Stock Returns: Evidence from Fundamental Signals, with Bin Li, Alberto Rossi, and Sterling Yan (R&R at Journal of Financial Economics)
• Institutional Trading, News, and Accounting Anomalies, with Feifei Wang and Sterling Yan (R&R at Journal of Accounting and Economics)
• Risk-taking Choice in Hedge Fund Tournaments, with Lei Ding and Filippos Papakonstantinou
• Macroeconomic Risk, Expected Market Return, and the Cross-Section of Stock Returns: A Data-mining Perspective, with Sterling Yan
• Why Do Institutional Investors Hold Their Own Companies’ Stocks? Superior Information, Conflict of Interests, or Familiarity, with Feifei Wang and Sterling Yan
• Arbitrage Asymmetry, Mispricing, and the Illiquidity Premium, with Feifei Wang

Competitive Research Grants

• Research Grant for Outstanding Young Scholars, The National Natural Science Foundation of China (2022-2025)
• Research Grant, The National Natural Science Foundation of China (2018-2021)
• Research Grant, Renmin University of China, 2014-2016

Honors and Awards

• Distinguished Research Award for Young Scholars, Ministry of Education of the People’s Republic of China, 2020
• Semi-finalist for best paper award in investments, FMA Annual Meetings, 2020 Distinguished Research Award, School of Business, Renmin University, 2019
• Semi-finalist for best paper award in investments, FMA Annual Meetings, 2018
• CQAsia Academic Competition, 2nd Prize, 2017
• Best paper award in Investments, 2017, FMA Latin America Conference