Prof. Haitian LU

PolyU Scholars Hub

Hong Kong Sustaintech Foundation Professor in Accounting and Finance, Director of Mainland Development Office

LL.B, LL.M, Ph. D

PolyU Scholars Hub

ORCID ID

SCOPUS ID

Biography

Prof. Haitian LU is Hong Kong Sustaintech Foundation Professor in Accounting and Finance, Director of Mainland Development Office and Co-Director of the Center for Economic Sustainability and Entrepreneurial Finance (CESEF) at the Hong Kong Polytechnic University (PolyU). Prof. Lu obtained his Ph.D in law from National University of Singapore, Master of Law from Liverpool University and Bachelor of Law from Nanjing University. During January to June 2016 he was visiting research professor at New York University Stern School of Business. Prof. Lu’s teaching and research interest centers on the FinTech, RegTech, SustainTech, ethics and regulatory framework in Hong Kong and mainland China. He is the author / co-author of the books Secured Finance Law in China and Hong Kong (2010 Cambridge University Press), Truths and Half Truths: China’s Socio-Economic Reforms 1978-2010 (2011 Chandos Publishing), and The Role of China in Global Dirty Industry Migration (2008 Chandos Publishing). Prof. Lu had secured and completed 20 interdisciplinary projects with total funding over HKD 20 million. He is a frequent speaker at prominent international conferences and has published widely in leading law, finance, economics and management journals.

Prof. LU contributes to the academic and professional society by serving as Associate Editor of Journal of Financial Stability (SSCI), Council Member of Chinese Financial Association of Hong Kong (HCFA), Chief-Consultant of Chinese FI Finance & Treasury Association of Hong Kong (CFFTA), Deputy Director of the ESG Committee of Chinese Asset Management Association of Hong Kong (CAMAHK), executive committee member of the Research Institute for Sustainable Urban Development (RISUD), management committee member of the Smart City Research Institute (SCRI) at PolyU. He also chairs the course management committee at PolyU’s Knowledge Transfer and Entrepreneurship Office. He was previously Associate Dean of PolyU Faculty of Business (2018-2020), and Associate Head of PolyU School of Accounting and Finance (2012-2017). He is the Vice-chairman of the Federation of Alumni Association of Chinese Colleges and Universities in Hong Kong (2018-present), Vice-chairman of Greater Bay Area Fintech Promotion Association Limited (2019-present) and Deputy-Director General of the Macau International Healthcare Think Tank (2019-). He was also the external subject reviewer for Tung Wah College, Chinese University of Hong Kong and Caritas Francis Hsu College; external expert member for PRC IQS Working Group of the Hong Kong Institute of Charted Secretaries (HKICS); external examiner for Hong Kong Institute of Chartered Public Accountant (HKICPA); judge panel member for the Best Corporate Governance Disclosure Award 2012-2017, and President of the Hong Kong Alumni Association of Nanjing University, etc. Prof. LU was awarded “Ten Outstanding New Hong Kong Youngsters” in 2020.

Education and Academic Qualifications

• Bachelor of Law, Nanjing University
• Master of Laws, The University of Liverpool
• Ph.D. in Law, National University of Singapore

Academic and Professional Experience

Hong Kong Sustaintech Foundation Professor in Accounting and Finance
Director of Mainland Development Office
Co-Director, Center for Economic Sustainability and Entrepreneurial Finance

Research Interests

Research Output

Monographs:

Ferdinand A. Gul, Lu H.T. 2011. Truths and Half Truths - China's Socio-Economic Reforms from 1979-2009, Chandos Publishing, Oxford, UK
Williams M., Lu H.T. and Ong C.A., 2010. Secured Finance Law in China and Hong Kong, Cambridge University Press
Lu H.T. 2008. The Role of China in Global Dirty Industry Migration, Oxford, UK: Chandos Publishing, Oxford

Book Chapters:

Lu H.T., Tan Y. (2012) “International Venture Capital Hotspot: China”, in Landström and Mason (Eds.) Handbook of Research on Venture Capital, Edward Elgar, UK
Simpson A.F., Lu H.T. and Huang H. (2010) “World Online Business Law: Hong Kong”, in Simpson A.F. and Kinsella N.S. (Eds.) World Online Business Law, Oxford University Press, UK

Journal Articles:

Chatterjee S., Gu X., Hasan I., and Lu H.T. 2023. Ownership Structure and the Cost of Debt: Evidence from the Chinese Corporate Bond Market, Journal of Empirical Finance (accepted)
Ye F.F., You R.Y., Lu H.T., Han S.R., Yang L.H. 2023. The Classification Impact of Different Types of Environmental Regulation on Chinese Provincial Carbon Emission Efficiency. Sustainability 15(15), 12092
Ye F.F., Yang L.H., Uhomoibhi J., Liu J., Wang Y.M., Lu H.T. 2023. Evidential Reasoning Rule for Environmental Governance Cost Prediction with Considering Causal Relationship and Data Reliability. Soft Computing (IF=4.1) 27, 12309-12327
Ye F.F., Yang L.H., Wang Y.M., Lu H.T. 2023. A data-driven rule-based system for China's traffic accident prediction by considering the improvement of safety efficiency. Computers & Industrial Engineering (IF=7.18) 176, 108924
Ye F.F., Yang L.H., Lu H.T., and Wang Y.M. 2022. A Novel Data-Driven Decision Model based on Extended Belief Rule Base to Predict China’s Carbon Emissions, Journal of Environmental Management 318, 115547
Yang L.H., Ren T.Y., Ye F.F., Nicholl P., Wang Y.M., and Lu H.T., 2022. An Ensemble Extended Belief Rule Base Decision Model for Imbalanced Classification Problems. Knowledge-based Systems (IF=8.038) 242, 108410
Gu X., Hasan I., and Lu H.T., 2022. Institutions and Corporate Reputation: Evidence from Public Debt Markets. Journal of Business Ethics 183, 165–189
Hasan I., He Q., and Lu H.T. 2022. Social Capital, Trusting, and Trustworthiness: Evidence from Peer-to-Peer Lending. Journal of Financial and Quantitative Analysis 57(4) 1409-1453
Lu H.T., Wang B.Z., Wu Q., and Ye J. 2020. Fintech and the Future of Financial Service: A Literature Review and Research Agenda. China Accounting and Finance Review 22(3) 107-136
Lu H.T., Wang H.Z., Wang B. and Zhao T.Y. 2020. Does Social Capital Matter for Peer-to-Peer Lending? Empirical Evidence. Pacific Basin Finance Journal (SSCI) 61. 101338
Hasan I, He Q, and Lu H.T. 2020. The Impact of Social Capital on Economic Attitudes and Outcomes: A Literature Review and Chinese Evidence. Journal of International Money and Finance (SSCI) 18 102-162
Hasan, I., He, Q. and H. Lu (2019), Visiones actuales sobre el crédito peer-to-peer online: la evidencia de China (Current Views on Online Peer-to-Peer Lending: Evidence from China), Papeles de Economía Española, Vol. 162, pp. 27-47
Gu X., Hasan I, and Lu H.T. 2019. Corporate Misconduct and the Cost of Private Debt: Evidence from China. Comparative Economic Studies 61(3), 443-463
Chen S., Meng W. and Lu H.T. 2018. Patent As Quality Signal in Entrepreneurial Finance: A Look Beneath the Surface. Asia Pacific Journal of Financial Studies (SSCI) 47, 1-26
Xu X.Y., Meng W., and Lu H.T. 2018. 風險投資與企業創新:基於風險資本專利信號敏感度的視角. 管理評論 (CSSCI) Vol. 30, Issue 19, 58-72
Meng W., and Lu H.T. 2018. 風險投資與新三板掛牌企業股票流動性——基於高科技企業專利信號作用的考察. 經濟管理 (CSSCI) 3, 178-194
Chen Z.H., Tan Y., and Lu H.T. 2017. 企業專利信號與企業價值評估 — 基於風險投資機構的視角. 上海經濟研究 （CSSCI）10, 105-114
Lu H.T. and Lei Z. 2016.中國P2P網貸平台違約停業原因分析與監管建議. 清华金融评论 Vol 8, pp.95-100
Lu H.T. 2016. The Legalization of Corporate Social Responsibility: Hong Kong Experience of ESG Reporting. Asia Pacific Law Review 24 (2) 123-48 (SSCI)
Lu H.T., Pan H.B. and Zhang C.Y. 2015, Political Connectedness and Judicial Outcomes: Evidence from Chinese Corporate Lawsuits, Journal of Law and Economics 58 (4), 829-861
Fu J.J. and Lu H.T., 2014. Structural Changes in the Chinese Stock Market: A Review of Empirical Research. China Accounting and Finance Review 16(2), 39-65
Tan Y., Huang H., and Lu H.T., 2013, The Effect of Venture Capitalist Investment: Evidence from China’s Small and Medium Enterprise Board, Journal of Small Business Management 51(1), 138-57 (SSCI)
Lu H.T. 2011, State Channeling of Social Grievances: Theory and Evidence from China, Hong Kong Law Journal 41(2), 547-72 (SSCI)
Lu H.T., Tan Y., and Huang H., 2011, Why Do Venture Capital Firms Exist: A Rent Seeking Perspective and Chinese Evidence, Asia Pacific Journal of Management 28 (4) 1-16 (SSCI)
Lu H.T., Solt M.E., and Tan Y. 2010. Do foreign and local venture capitalists behave alike in transitional economies? Evidence from China, Journal of International Business and Economics 10(1), 68-84
Lu H.T., Huang H., and Deva S. 2009. Unraveling the Puzzle of Differing Rates of FDI and FVCI in India and China, Asian Journal of Comparative Law 4(1) 207-36
Tan Y., Lu H.T., and Gao D.S. 2009. 風險投資參與對中小企業板上市公司的影響 Securities Market Herald 證券市場導報 Vol 5 19-26. (CSSCI)
LU H.T., and Huang H., 2008. Dirty Industry Migration Globally and to China-An Empirical Study, International Review of Business Research Papers 4 (2), 27-51
Luo G., Tan Y., and Lu H.T. 2008. Value cognition of new technology-based firms: An exploratory research on Chinese technology entrepreneurs and venture capitalists. WiCOM 2008, p 4679279 (EI Compendex, EBSCOhost)
LU H.T., Tan Y., and Chen G.M. 2007. Venture Capital and the Law in China, Hong Kong Law Journal 37 (1), 229-271 (SSCI)
LU H.T. 2005. Corporate Social Responsibility in China, 2 U.S.-China Law Review 37-54
Lu H.T. 2004. An Exploration on the Women's Rights Universalism and Cultural Relativism, 18 Asian Women Study 123-138

Li X.Y., Lu H.T. and Hasan I., 2020. The Promise and Pitfall of WealthTech: Evidence from Online Marketplace Lending, (GSU-RFS Fintech conference, under review by Review of Financial Studies) Available at SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3575260
Chen D.H., Jiang D.Q., Ljungqvist A., Lu H.T., and Zhou M.M. 2020. State Capitalism vs. Private Enterprise (AFA 2015, NBER Working Paper No. 20930, Revise and Resubmit to Journal of Finance) Available at SSRN: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2544246
Gu X., Hasan I., and Lu H.T., 2019. Corporate Reputation in Bond Market: Evidence from Lawsuits (ASSA 2017, FMA 2017, BoF 2017), under review by Journal of Accounting and Economics https://ssrn.com/abstract=2872705
Lei Z. and Lu H.T. 2020. Foreign Investment and Stock Price Informativeness: Evidence from the Shanghai (Shenzhen)–Hong Kong Stock Connect (Revise and Resubmit to Journal of Accounting, Auditing and Finance)
Cheng C.S., Huang H., Lei Z., and Lu H.T. 2020. District Court Stringency and Firm Restatement Policy (AsLEA 2016, AAA 2017, JAAF 2017, JIAR 2017, JCAE 2017, 5th International Conference on the Economic Analysis of Litigation 2018), under review by Management Science
Song W.L., Lu H.T. and Lei Z. 2020. Litigation Environments and Bank Lending: Evidence from the Courts (CELSA 2017; BoF 2017) under review by Journal of Financial Economics
Hasan I., He Q., Li X.Y., and Lu H.T. 2020. Are Two Heads Better than One? Wisdom of the Crowd in Loan Screening. Working Paper

Lu H.T., Han S.R., and Li R.X. 2023. “Future innovation of Hong Kong rests on strategic decisions”, South China Morning Post. August 8, 2023
Lu H.T., Han S.R., and Li R.X. 2023. “Hong Kong’s competitive edge in post-Covid talent competition”. Hong Kong Economic Journal · ejinsight. July 31, 2023
Lu H.T., Han S.R., and Zhu X.L. 2023. “How the city can help companies raise their standards in ESG”. South China Morning Post. July 27, 2023
Lu H.T., Han S.R., and Li R.X. 2023. “In the driverless car chase, Hong Kong must not lag behind”. South China Morning Post. April 29, 2023
Lu H.T., Han S.R., and Li R.X. 2023. “Confronted with AI, views in the global education sector are polarized”. Legal Daily · Legal Weekends. March 16, 2023
Lu H.T. and Han S.R. 2023. “Hong Kong must develop AI regulations informed by ethics”. South China Morning Post. February 19, 2023
Lu H.T. and Han S.R. 2023. “Tapping enthusiasm of youth key to Hong Kong’s Web3 future”. South China Morning Post. January 26, 2023
Lu H.T. 2023. “The Promises and Pitfalls of Wealthtech”. Hong Kong Economic Journal. January 25, 2023
Lu H.T. 2017. “Corporations must have a blueprint to ensure their performance, status, and identity enhances their reputations in the market” South China Morning Post. August 26, 2017
Lu H.T. 2016. “China summit signals a new phase”. China Daily. September 9, 2016