Full-time Faculty
Hong Zhang

Hong Zhang

Professor Hong Zhang is currently the Phoenix Chair Professor of Finance at PBC School of Finance, Tsinghua University. Before joining PBCSF, he had worked at INSEAD since 2004 and visited Yale School of Management in 2010 and Cheung Kong Graduate School of Business (CKGSB) in 2010-2012. Professor Zhang is highly experienced in senior business education and case development (with eight cases in the Harvard case center). After joining PBCSF, he led the China Finance Case Center and had received several teaching awards for executive education (2016; 2017). He had also received the year of 2018 university teaching award from Tsinghua University.

Professor Zhang's research covers a broad range of topics, including investments, corporate finance, international finance, and institutions and culture. His recent work explores the influence of ESG, capital flows, and policy uncertainty on asset prices and corporate policies. His research is widely published in top finance journals such as the Journal of Finance, Review of Financial Studies, Journal of Financial Economics, Journal of Financial and Quantitative Analysis, and Review of Finance. His early work was cited by New York Times (May 18, 2003) and Financial Advisor Magazine (June 2004) as to "have solved a big problem for mutual fund rating systems."  His more recent work had also received the best paper awards from various academic conferences.

Professor Zhang received his Ph.D. in Financial Economics from Yale Unversity, School of Management, in December 2004.  Prior to studying finance, he studied physics in New York University and Fudan University. He won a national gold medal at the 8th Chinese Physics Olympics and was the national champion for the experiment part. He had also won the national first prize in the 1991 National High School Mathematics Competition.