News
Our 2026 Issue 01 Newsletter is available now!
Dear All: Thank you for your continuous support to the Asia-Pacific Academy of Economics and Management (APAEM) at the University of Macau (UM). Please find our 2026 Issue 01 newsletter here for more ...
Prof. Rob Law, APAEM Deputy Director, visits Beijing and Tianjin universities for academic exchange
From April 1 to 8, 2026, Prof. Rob Law, Scholar of the University of Macau (UM) and Deputy Director of APAEM, was invited to undertake academic visits to universities in Beijing and Tianjin, aiming t ...
Prof. Cheris Wing Chi CHOW, Prof. Huiling HUANG, and Prof. Leona Shao-Zhi LI awarded FBA Outstanding Academic Awards 2025/2026
In order to recognize excellence in teaching, research and service, the University of Macau (UM)'s Faculty of Business Administration (FBA) recently presented the Outstanding Academic Awards 2025/202 ...
“APAEM Seminar Series: AI in the Pen: How Real-time AI Writing Guidance Shapes Online Reviews” Successfully Held
On March 27, 2026, the "APAEM Seminar Series: AI in the Pen: How Real-time AI Writing Guidance Shapes Online Reviews" was successfully held at the University of Macau. The event was organized by the ...
Prof. Zhe Ma co-authors article published in Law & Social Inquiry
Prof. Zhe MA, Assistant Professor in the Faculty of Law (FLL) at the University of Macau (UM) and a member of the Financial Innovation Team at APAEM, has co-authored an article titled “Regulating Arb ...
Events
FBA-APAEM Joint Seminar Series

“Candlestick-Based Spot Correlation Estimation”
Speaker: Prof. Qiyuan LI
Date and Time: 07/05/2026 (Thursday), 09:30 – 11:00
Venue: E22-G008
Celebrating the 45th Anniversary of the University of Macau: Smart Tourism Symposium 2026: Innovation and Impact

Date & Time: 8 May (Friday), 2026; 14:30 – 18:00
Venue: Theatre (G001), Student Activity Centre (E31), UM
Language: Mandarin (partially in English)
To register the event, please click here.
Selected Publications
| 1 | Bailey, W. B., Cao, X., Yang, Z., & Zhou, S. (2024). Who leads and who follows? The cross-border peer effect in investment by Chinese and US firms. Journal of International Economics, 147, 103875. |
| 2 | Chen, H., Fei, Y., & Yu, J. (2025). Multivariate Stochastic Volatility Models Based on Generalized Fisher Transformation. Journal of Econometrics, 251,106041. |
| 3 | Chen, M., Ren, J., & Zhao, J. (2024). The impact of corporate culture on stock price crash risk: a firm-level analysis. International Journal of Accounting & Information Management, 32(1), 1-18. |
| 4 | Chu, A. C., Liao, C. H., & Peretto, P. F. (2025). Dynamic effects of labor income taxation in an unequal Schumpeterian economy. European Economic Review, 178, 105071. |
| 5 | Ding, Y., Engle, R., Li, Y., & Zheng, X. (2025). Multiplicative factor model for volatility. Journal of Econometrics, 249, 105959. |
| 6 | Wang, Y., Guo, R., Song, M., & Law, R. (2025). Digital resurrection technology in destination promotion. Annals of Tourism Research, 110, 103888. |
| 7 | Wang, Z., & Du, L. (2025). Cross-Border Health Data Transfer for Scientific Research Purposes in China: Legislation, Practice, and Challenges. In International Transfers of Health Data: A Global Perspective Singapore: Springer Nature Singapore, 159-179 |
| 8 | Zhang, X., Zhang, X., Liang, S., Yang, Y., & Law, R. (2025). Why restaurants survive? A perspective of word-of-mouth dispersion. Tourism Management, 109, 105132. |




