SME Assistant Professor Wen Chen Wins 2019 Yihong Xia Best Paper Award

Dr. Wen Chen, Assistant Professor of the School of Management and Economics (SME), The Chinese University of Hong Kong, Shenzhen, has won the 2019 Yihong Xia Best Paper Award as the first author of  the paper titled “Dynamic Market Making and Asset Pricing” at the Annual Meeting of China International Conference in Finance (CICF).

The China International Conference in Finance (CICF) provides an open platform that brings worldwide scholars together to present current research and stimulate new development in finance. Over the years, CICF has grown to be one of the leading finance research conferences in the world. As the largest and best-quality academic finance conference in Asia, CICF is also known as one of the top four international finance conferences in the world together with WFA (Western Finance Association Annual Meeting), AFA (American Finance Association Annual Meeting,) and EFA (European Finance Association Annual Meeting).

The 14th Yihong Xia Best Paper Award was handed out along with three CICF awards and two XY Investments awards for best papers during the annual CICF. The Award honours the memory of Yihong Xia, formerly an Assistant Professor of Finance at the Wharton School and a distinguished young financial economist, and selects two best papers each year around the world with a rigorous review process. Dr. Chen's paper, together with “Financing Experimentation” by Professor Tong Liu of the University of Pennsylvania, stood out and won the honour in this year's conference.

Dr. Wen Chen received her Ph.D. in Finance from the University of Maryland, College Park in 2017. Prior to this, she received her B.S. and Ph.D. degrees in physics from the University of Science and Technology of China and the University of California, San Diego. Chen's papers have been published in academic journals such as the Proceedings of the National Academy of Sciences, Physical Review Letters, and Physical Review. Her current research areas are market microstructure and asset pricing, mainly related to asset liquidity, market microstructure invariance, and information asymmetry.