Chow, Ying-foon

Biography

Prof. Ying-foon Chow is currently an Associate Professor of Finance at The Chinese University of Hong Kong, and Adjunct Professor of the Southwest Jiaotong University. Prof. Chow obtained his honours BSc, MA, and PhD from the University of Toronto. His areas of research include capital markets, derivatives markets, and financial institutions. He has published numerous articles in reputable internationally refereed journals, including Journal of Banking and Finance, Journal of Futures Markets, Journal of Quantitative and Financial Analysis and Journal of Real Estate Finance and Economics. Prof. Chow also has years of experience in teaching and training professionals of financial industry.

Research Interests

Investments
Financial Markets
Financial Econometrics

• Publications & Working Papers
  • Ying-foon Chow, T. K. Lam, and H. S. Yeung (2009), “Realised Volatility of Index Constituent Stocks in Hong Kong,” Mathematics and Computers in Simulation, 79, 2809-2818.
  • Ying-foon Chow, Ming Liu, and X. T. Fan (2008), “Broad-Market Return Persistence and Momentum Profits,” Mathematics and Computers in Simulation, 78, 181-188.
  • Ying-foon Chow, W. K. Wong, H. E. Thompson, and S. Wei (2006), “Do Winners Perform Better Than Losers? A Stochastic Dominance Approach,” Advances in Quantitative Analysis of Finance and Accounting, 4, 219-254.
  • Hei-ming Haynes Yung, Hua Zhang, and Ying-foon Chow (2003), “Expiration Day Effects: The Case of Hong Kong,” Journal of Futures Markets, 23(1), 67-86.
  • Ying-foon Chow and N. Wong (2003), “Property Value, User Cost, and Rent: An Investigation of the Residential Property Market in Hong Kong,” International Business and Economics Research Journal, 1, 9-17.
  • Ying-foon Chow and Ming Liu (2003), “The Value of Variable-Tenor Mortgage Feature in Hong Kong,” Pacific Basin Finance Journal, Vol. 11.
  • Ying-foon Chow, R. Chiang, and Ming Liu (2002), “Residential Mortgage Lending and Borrower Risk: The Relationship Between Mortgage Spreads and Individual Characteristics,” Journal of Real Estate Finance and Economics, Vol. 25.
  • Ying-foon Chow (2001), “Arbitrage, Risk Premium, and Cointegration Tests of the Efficiency of Futures Markets,” Journal of Business Finance and Accounting, 28, 693-713.
  • Ying-foon Chow, C. Huang, and Ming Liu (2000), “Valuation of Adjustable Rate Mortgages with Automatic Maturity Stretching,” Journal of Banking and Finance, 24, 1809-1829.
  • Ming Liu, Ying-foon Chow, and C. Huang (2000), “Valuation of the Variable Tenor Mortgage Loans,” Journal of Banking and Finance, 24, 1809-1829.
  • Ming Liu and Ying-foon Chow (1999), “Long Swing with Memory and Stock Market Fluctuation,” Journal of Financial and Quantitative Analysis, 34, 341-367.
  • Ying-foon Chow (1998), “Regime Switching and Cointegration Tests of the Efficiency of Futures Markets,” Journal of Futures Markets, 18, 871-901.

• Grants
  • Consultant Work for the Wealth Management Platform (WMP) of CITIC Ka Wah Bank Limited, CITIC Ka Wah Bank Limited, 2005
  • “Understanding the Variation of Housing Prices before and after the Asian Crisis (金融風暴前後的房地產價格差異研究)”, Earmarked Grants awarded by Research Grants Council, 2003-2005
  • “Efficient Estimation of Equity Risks (CAPM Beta) with Sorting on Multiple Instruments (多工具排序和股票風險的有效估計)”, Earmarked Grants awarded by Research Grants Council, 2003-2006
  • “The Impact of Internet on Competition – The Cases of Air Tickets and Stock Trading (互聯網對競爭的影響︰機票與股票)”, Earmarked Grants awarded by Research Grants Council, 2002-2005
  • “On the Development of a Wealth Management Platform”, awarded by CITIC Ka Wah Bank Limited, 2002
  • “Value Creation and Corporate Governance (價值創造與公司營治)”, Earmarked Grants awarded by Research Grants Council, 2001-2004
  • “A Study on Share Repurchases in Hong Kong (香港股票回購研究)”, Earmarked Grants awarded by Research Grants Council, 2000-2002
  • “Weak Moments in the Efficient Methods of Moments (有效矩分析方法的微矩問題)”, Earmarked Grants awarded by Research Grants Council, 2000-2002