Biography

Dr Cheng is currently the Associate Professor of the Department of Economics and Finance.  He also serves as the Associate Director and Thematic Research Theme Lead in financial markets of the Research Institute for Business.  Before joining the HSUHK, he worked in the financial community regarding market infrastructure development and regulatory framework.  He is a member of the MIT Technology Review Global Panel and participated in the Advanced Research Scholar Program of the Wharton School of the University of Pennsylvania.  His teaching areas comprise law and finance topics.

Research and Teaching Interests

• Financial analytics and Fintech, Regulatory and compliance, Market development

Intellectual Contributions (Publications, Conferences, Books, Book Chapters, etc.)

Selected Publications:
• Chui, D., Cheng, W.W., Chow, N., Li, L., (2020) “Eastern Halloween Effect: A Stochastic Dominance Approach, Journal of International Financial Markets, Institutions and Money
• Li, V., Cheng, W.W., Chui, D., (2020) :Why Spicy Measures Fails to Cool Down Hong Kong’s Housing Market?”, International Journal of Sustainable Real Estate and Construction Economics
• Cheong, T.S., Li, V., Cheng, W.W., (2020) “Distribution of Dynamics of China’s Regional Housing Price Disparity”, International Journal of Urban Sciences
• Cheng, W.W., Chow, N., Chui, D., Wong, W.K., (2019) “The Three Musketeers Relationships between Hong Kong, Shanghai and Shenzhen Before and After Shanghai-Hong Kong Stock Connect”, Sustainability
• Cheong, T.S., Cheng, W.W., Li, J., (2019) “Evolutionary Trend of Foreign Investment in China: A Combined Decomposition and Transactional Dynamics Approach”, The Singapore Economic Review
• Cheng, W.W., Yip, W.H., (2017) “China’s Macroeconomic Fundamentals on Stock Market Volatility: Evidence from Shanghai and Hong Kong”, Review of Pacific Basin Financial Markets and Policies
• Li., V., Cheng W.W., Cheong, T.S., (2017) “Home Purchase Restriction and Housing Price: A Distribution Dynamics Analysis”, Regional Science and Urban Economics
• Cheng, W.W., Young, A., (2015) “Lack of Legal Safeguards for Investor when Buying Financial Investment Products: The Need for Legal Reforms in Hong Kong”, Journal of International Banking Law and Regulation
• Yip, W.H., Cheng, W.W., So, R.W., (2015) “Information Transmission among US, China, and Hong Kong Stock Markets”, Journal of Business and Policy Research
• Cheng, W.W., (2014) “Corporate Insolvency: International Co-operations by United Kingdom Courts”, European Journal of Social Sciences
• Cheng, W.W., (2013) “The Impacts of Change in Currency Demand Function, Transmission Mechanism and Substitution Effect on Monetary Policy during the Process of RMB Internationalization”, Journal of Money, Investment and Banking
• Cheng, W.W. (2011) “International Insolvency: Reassess the European Community Regulation on Insolvency Proceedings”, European Journal of Social Sciences

Selected Conference Papers:
• “Pairs Trading with Crypto: Evidence from Bitcoin”, University of Economics, Prague, Czech Republic, 2019
• “Crypto-currency: Implication for Regulation Governance”, 39th International Academic Conference, Amsterdam, Netherlands, 2018
• “Financial Technology Transformation – Evidence from China’s Value Web”, University of London, UK, 2017
• “Financial Advisory Services Regulation in Hong Kong: The Need for Greater Regulatory Intervention”, The Corporate Law Teachers Association Conference, School of Law, Melbourne University, Australia, 2015
• “China Macroeconomic Fundamentals and Hong Kong Stock Market Volatility – A GARCH-MIDAS Analysis”, The 23rd Annual Conference on Pacific Basin Finance, Economics, Accounting and Management, Vietnam, 2015
• “An Empirical Analysis on Stock Market Integration between China and Hong Kong”, The 17th Eurasia Business and Economics Society Conference, Italy, 2015
• “Catfish Effect of Internet Finance on China’s Financial Reform”, The 4th Annual Conference on Management and Social Science, Singapore, 2014
• “Information Transmission among US, China and Hong Kong Stock Markets”, The 10th Asian Business Research Conference, Thailand, 2014
• “A comparative Research on Physical and Synthetic Replicated Exchange Traded Fund (ETF): An Empirical Study from Mainland China and Hong Kong”, The 9th Eurasia Business and Economics Society Conference, Italy, 2013
• “Impact of Split Share Structure Reform of China State-owned Enterprises on China’s Corporate Governance Development”, World Business and Economics Research Conference, New Zealand, 2011
• “Risk on Financial Derivative Contract – A Legal Aspect”, Shanghai International Conference on Social Science, Shanghai, 2011

Research Grants and Awards

• Inter-Institutional Development Scheme (IIDS), 2017, Principal Investigator Project Title: Fintech: Disruptive Innovation in Financial Services (UGC/IIDS14/B02/17)
• Faculty Development Scheme (FDS), 2016, Co-Investigator Project Title: The Evolutionary Trend of International Income Inequality: An Analysis of Decomposition and Transitional Dynamics (UGC/FDS14/B19/16)
• Quality Enhancement Support Scheme (QESS), 2015, Co-Investigator Project Title: Development of an Education and Research Center with Automatic Virtual Reality Platform for 3D Interactive Learning and Big Data Analytics (05-QESS-2015)
• Research Achievement Awards, School of Business, HSUHK (2015/16, 2016/17, 2017/18, 2018/19)
• Teaching Excellence Awards, School of Business, HSUHK (2014/15, 2015/16, 2016/17, 2017/18, 2018/19)

Business and Professional Engagement

• GIS Spatial Analysis for Financial Research and Business Application: University of California, Davis
• Textual and Sentiment Analysis: University of Oxford
• Crowdsourced Research Methodology in Humanities: University of Oxford
• Fintech and Future Commerce: Massachusetts Institute of Technology
• Focus Group Panel Member on Banking and Finance Industry, Vocational Training Council, HKSAR