Press Release

Dr. Shiyang Huang, Associate Professor of HKU Business School, is awarded “Outstanding Young Researcher Award (OYRA) 2020-21” by The University of Hong Kong (HKU). This annual award by HKU gives recognition to young researchers under 40-year-old who are demonstrating extremely high-quality research.

Dr. Huang joined HKU Business School after receiving his Ph.D. degree in finance from the London School of Economics and Political Science in 2015. He has devoted his dedication and efforts over the years in researches focusing on financial economics and financial markets. He has published a number of research papers in top academic journals including The Review of Financial Studies, Journal of Financial Economics, Management Science and Journal of Economic Theory.

Dr. Huang said, “In the past few years, I have been working on the areas of information market, information inefficiency, and investor trading behaviour. My research can help better understand the causes and consequences of financial market inefficiencies. For instance, one of my published papers studies how industry ETFs facilitate informed trading by helping investors hedge industry risk and better trade on firm-specific information. The other published paper helps understand the economic consequence of the increasing pre-IPO investments by public market institutional investors on venture capitalists.  I am also collaborating with Bank of England to understand how different institutional investors contribute to the financial instability in UK government bond market. In one of our collaborated projects, we focus on the government bond crisis during the COVID-19 pandemic of 2020 and uncover an unintended consequence the US dollar’s global prominence on the UK government bond market.”

The Outstanding Young Researcher Award (OYRA) is one of the awards under the HKU Excellence Awards. These annual Awards are a salute to the exceptional and inspirational accomplishments of HKU colleagues and a celebration of the diverse range of disciplines and specialisations at the University.