
The 2026 Five-Star Asia Pacific Workshop in Finance will be held at Singapore Management University from May 15 to 16, 2026. The Five-Star Asia Pacific Workshop aims to provide an open platform bringing together scholars from top research institutions in the Asia Pacific region. It extends the scope of the Five-Star Workshop in Finance in China, which has been organised for more than years, covering 10 leading universities and business schools in finance research in China.
This year, the Five-Star Asia Pacific Workshop will be co-organized by the Cheung Kong Graduate School of Business (CKGSB), National University of Singapore (NUS) Business School, Sim Kee Boon Institute for Financial Economics (SKBI) at Singapore Management University's Lee Kong Chian School of Business (LKCSB), PBC School of Finance at Tsinghua University (PBCSF), and the University of Toronto. Presenters are selected from the institutions listed above.
Date & Time:
15 May 2026 (Fri) | 9:00am - 5:30pm
16 May 2026 (Sat) | 9:00am - 2:00pm
Conference Style:
The workshop will adopt a seminar-style presentation/discussion to promote in-depth engagement of all participants.
Venue:
Singapore Management University
50 Stamford Road, Singapore 178899
Lee Kong Chian School of Business
Seminar Room 2-8
Day 1: May 15 (Friday) | |
9:00am | Registration & Welcome |
Session 1: AI and Machine Learning in FinanceChaired by Erica X.N. Li (CKGSB) | |
9:15am | Limits To (Machine) Learning, by Zhimin Chen (NTU), Bryan Kelly, and Semyon Malamud.![]() Zhimin Chen (NTU) |
10:00am | AI “Errors”, by Wenqian Huang, Albert J. Menkveld, and Shihao Yu (SMU). Shihao Yu (SMU) |
10:45am | Coffee Break |
11:15am | Asset Pricing Using KAN, by Peng Liu, Youyou Xu, Mengyu Wang, Hong Zhang (SMU).![]() Hong Zhang (SMU) |
12:00pm | Lunch & Keynote 1: Bank Regulation, Construction Financing, and the Supply of New Housing, by Sheridan Titman (UT Austin), Deheng Xu (CUHK), Yiyuan Zhang (UT Austin). 12:30pm-1:30pm Keynote Speech by Sheridan Titman (UT Austin) Chaired by Dashan Huang (SMU) |
Session 2: Sustainability and Green FinanceChaired by Hao Liang (SMU) | |
2:00pm | Environmental Disclosures in Global Supply Chains, by Christian Opp, Xingtan Zhang (CKGSB).![]() Xingtan Zhang (CKGSB) |
2:45pm | Decomposing Bond Greenium, by Zhan Shi, Qifei Zhu (NUS), Jiaqi Zhou. ![]()
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3:30pm | Coffee Break |
Session 3: Institutional Friction and Strategies Chaired by Hong Zhang, (SMU) | |
4:00pm | Partisan Hedge Funds, by Zilin Chen, Dashan Huang (SMU), Lin Sun, and Melvyn Teo (SMU). ![]()
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4:45pm | Yield Curve Arbitrage in the Credit Market, by Jiarui Deng, Zhan Shi (PBCSF), Jianfeng Yu.![]() Zhan Shi (PBCSF) |
Day 2: May 16 (Saturday) | |
Session 4: Macro-Finance and Real Economy LinksChaired by Qifei Zhu (NUS) | |
9:00am | Regional Financial Crisis, by Joseph Hoon, Chang Liu (NUS), Karsten Muller (NUS), Jonathan Payne, Zhongxi Zheng.![]() Chang Liu (NUS) |
9:45am | Frontier Talent and Stock Returns, by Erica X.N. Li (CKGSB), Ding Luo, and Shaojun Zhang.![]() Erica X.N. Li (CKGSB) |
10:30am | Coffee Break |
Session 5: Investor Preferences and InformationChaired by Zhan Shi (PBCSF) | |
11:00am | Informational Advantage of the Wealthy, by Sumit Agarwal (NUS), Longwei Cheng, Pulak Ghosh, and Poorya Kabir (NUS).![]() Poorya Kabir (NUS) |
11:45am | Nominal Price Preferences, Investor Welfare and Market Quality, by Allaudeen Hameed (NUS), Zhenghui Ni, Yuanyuan Pan (NUS).![]() Yuanyuan Pan (NUS) |
12:30pm | Lunch & Keynote 2: On The Drivers of Corporate Bond Lending. 1:00pm-2:00pm Keynote Speech by Amit Goyal (UNIL) ![]() Chaired by Hong Zhang (SMU) |
Feel free to contact us at skbi_conference [at] smu.edu.sg (skbi_conference[at]smu[dot]edu[dot]sg) if you have any enquiries regarding the conference or registration.

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