Biography
Honghui Chen is a professor of finance at the University of Central Florida. He received his Ph.D. in finance from the Pamplin College of Business at Virginia Tech in 1999. His research focuses on market seasonality, short sales, and market microstructure. He has published in the Journal of Finance, the Journal of Financial and Quantatitive Analysis, the Journal of Financial Research, and the Financial Analysts Journal, among others. His research has been quoted in the New York Times, Baron’s, and Forbes. Prior to joining UCF, he taught at the University of Baltimore for four years. If you are interested in his research or teaching, please check out his vita.
Curriculum Vitae
Areas of Interests
- Research: Investments (Market Anomalies, Short Sales, Mutual Fund Performance).
- Teaching: Investments, Portfolio Management, International Finance.
Education
- Ph.D., Finance, Virginia Tech, Blacksburg, VA.
- M.S., Statistics, Virginia Tech, Blacksburg, VA.
- B.S., Operations Research, Fudan University, China.
Professional Experience
- Associate Professor of Finance, University of Central Florida, Orlando, FL, 2008-Present
- Assistant Professor of Finance, University of Central Florida, Orlando, FL, 2003-2008.
- Assistant Professor of Finance, University of Baltimore, Baltimore, MD, 1999-2003.
Selected Publications
- Chen, Honghui, Hemang Desai, and Srinivasan Krishnamurthy, 2013, “A First Look at Mutual Funds that Use Short Sales”. Journal of Financial and Quantitative Analysis 48 (3), 761-787.
- Chen, Honghui, David H. Downs, and Gary A. Patterson, 2012, “The Information Content of REIT Short Interest: Investment Focus and Heterogeneous Beliefs”, Real Estate Economics 40 (2), 249-283.
- Chen, Honghui, Hoang Huy Nguyen, and Vijay Singal, 2011, “The Information Content of Stock Splits”, Journal of Banking and Finance 35 (9), 2454-2467.
- Chen, Honghui, Gregory Noronha, and Vijay Singal, 2006, “Index Changes and Losses to Index Fund Investors”, Financial Analysts Journal 62 (4), 31-47.
- Chen, Honghui, and Vijay Singal, 2004, “All Things Considered, Taxes Drive the January Effect”, with Vijay Singal, Journal of Financial Research 27 (3), 351-372. (JFR 2004 Best Paper Award)
- Chen, Honghui, Gregory Noronha, and Vijay Singal, 2004, “The Price Response to S&P 500 Index Additions and Deletions: Evidence of Asymmetry and a New Explanation”, Journal of Finance 59 (4), 1901-1929.
- Chen, Honghui, and Vijay Singal, 2003, “A December Effect with Tax-Gain Selling?”, Financial Analysts Journal 59 (4), 78-90.
- Chen, Honghui, and Vijay Singal, 2003, “Role of Speculative Short Sales in Price Formation: Case of the Weekend Effect”, Journal of Finance 58, 2003, 685-705.
Working Papers
- Chen, Honghui, Vijay Singal, and Robert Whitelaw. “Comovement and Momentum”
- Chen, Honghui, and Hoang Huy Nguyen“The Information Contents of Breadth of Ownership”.
Professional Service
- Ad hoc referee, Journal of Business, Journal of Financial Markets, Financial Analysts Journal, Journal of Financial Research, European Journal of Finance, Journal of Banking and Finance, Financial Review, International Review of Economics and Finance, Quarterly Review of Economics and Finance, and Applied Financial Economics.
- Program committee member, FMA 2004, 2005, 2006, 2007 and SFA 2004, 2005.
Research Grant
- 2006 Research grant from the Real Estate Research Institute for “The Short Interest Market for Publicly Traded Real Estate”, with David H Downs, and Gary A Patterson.
Honors
- Recipent, Research Incentive Award, University of Central Florida, 2012.
- Recipient, Excellence in Undergraduate Teaching, College of Business Administration, University of Central Florida, 2012.
- Recipient, Teaching Incentive Program Award, University of Central Florida, 2010.
- Recipient, Excellence in Undergraduate Teaching, College of Business Administration, University of Central Florida, 2008.
- Recipient, Outstanding Paper Award, “All Things Considered, Taxes Drive the January Effect”, Journal of Financial Research, 2004.
- Recipient, Black and Decker Research Award, Merrick School of Business, University of Baltimore, 2003.
- Recipient, Dean James Teaching Award, Merrick School of Business, University of Baltimore, 2002.
- Recipient, Tiger Team Award for exemplary contribution to the Global Business Programs, Merrick School of Business, University of Baltimore, 2001.
- Recipient, Boyd Harshbarger Award in Recognition of Superior Achievements in the First Year of Graduate Studies in Statistics, Virginia Tech, 1993.
Research and Publications
-
A First Look at Mutual Funds that Use Short Sales
Chen, Honghui, Hemang Desai, and Srinivasan Krishnamurthy, 2013, “A First Look at Mutual Funds that Use Short Sales”. Journal of Financial and Quantitative Analysis 48 (3), 761-787.
-
The Information Content of REIT Short Interest: Investment Focus and Heterogeneous Beliefs
Chen, Honghui, David H. Downs, and Gary A. Patterson, 2012, “The Information Content of REIT Short Interest: Investment Focus and Heterogeneous Beliefs”, Real Estate Economics 40 (2), 249-283.
-
The Information Content of Stock Splits
Chen, Honghui, Hoang Huy Nguyen, and Vijay Singal, 2011, “The Information Content of Stock Splits”, Journal of Banking and Finance 35 (9), 2454-2467.
-
Index Changes and Losses to Index Fund Investors
Chen, Honghui, Gregory Noronha, and Vijay Singal, 2006, “Index Changes and Losses to Index Fund Investors”, Financial Analysts Journal 62 (4), 31-47.