Ruijing (Chandler) Yang

Welcome! I am an Assistant Professor in Finance at the University of Macau. My research focuses on empirical asset pricing, derivatives, and machine learning methods for financial prediction.

Employment

• 2025–Present: Assistant Professor in Finance, University of Macau
• 2024–2025: Postdoctoral Fellow, The Hong Kong Polytechnic University

Education

• Ph.D. in Finance, The Chinese University of Hong Kong, 2024
• M.Sc. in Finance, Nanyang Technological University, 2019
• B.Eng. in Civil Engineering, Southeast University, 2017

Selected Working Papers

• Forecasting Option Returns with News
  • Jie Cao, Bing Han, Gang Li, Ruijing Yang, and Xintong Zhan
• Media Coverage and Option Returns
  • Linjia Song and Ruijing Yang
• Aggregated Default Risk and Corporate Bond Returns
  • Linjia Song and Ruijing Yang
• The Role of Abnormal Stock Trading Volume in the Equity Option Market
  • Jie Cao, Bing Han, Gang Li, Ruijing Yang, and Xintong Zhan

Research Interests

• Empirical Asset Pricing: derivatives, return predictability, investments
• Machine Learning in Finance: textual analysis, large language models