Regular biography
Professor Charles Quanwei Cao is the Yang Ju Mei Professor of Finance and Chairman of the Department of Finance at the Chinese University of Hong Kong (CUHK) Business School. He holds a BS from Peking University, MS from University of Kentucky, and PhD from University of Chicago’s Graduate School of Business. His research interests include FinTech, cryptocurrencies, hedge funds, mutual funds, derivative securities markets, and market microstructure. His work has been published in journals such as the Journal of Finance, Review of Financial Studies, and Journal of Financial Economics. He has also served as an editor or associate editor for several academic journals.
Scholar-generated biography
Charles Cao is a scholar whose research focuses on Investments, hedge funds and mutual funds, derivative securities, market microstructure, and credit risk. His work explores the empirical performance of alternative option pricing models, the informational content of option volume, and the dynamic relationship between mutual fund flows and market return volatility. Cao also investigates the impact of hedge funds on market liquidity and stock price formation, as well as the role of order placement strategies in limit order book markets. His research contributes to understanding the pricing and hedging of long-term options and the informational content of credit default swap valuations.