Biography
Bochuan Dai serves as an Assistant Professor of Finance at Xiamen University Malaysia. His research focuses on corporate innovation, trading strategies, and LLM in finance analysis. In addition to academic research. Before joining XMUM, he worked as a Lecturer at Central South University Business School. He is also currently an adjunct research fellow at the Research Center for Global Trade and Industrial Competitiveness, Tsinghua University. Additionally, he is a member of the Financial Committee of the Beijing branch of the China Democratic League. He is active in the field of policy-making. His policy suggestions have been adopted multiple times by government departments such as the Beijing CPPCC and have been promoted nationwide.
Research Interest
Empirical Asset Pricing, Corporate Innovation, LLM in Financial Analysis
Educational Background
PhD (Finance), Massey University, New Zealand (2021)
BA 1st-Class Hons (Finance), Massey University, New Zealand (2016)
Visiting Scholar, University of Edinburgh, UK (2015)
BA (Finance), Massey University, New Zealand (2015)
Working Experience
Assistant Professor, School of Economics and Management, Xiamen University Malaysia, Malaysia (2025 - present)
Adjunct Research Fellow, Research Center for Global Trade and Industrial Competitiveness, Tsinghua University, China (2024 - present)
Lecturer, School of Business, Central South University, China (2023 - 2025)
Postdoctoral Research Fellow, School of Economics and Management, Tsinghua University, China (2021 - 2023)
Teaching and Research Assistant, School of Economics and Finance, Massey University, New Zealand (2017 - 2021)
Research Experience
Research Grants
Principal Investigator: Digital transformation and high-quality innovation among small and medium-sized enterprises: a study of measurement optimization and mechanism, Natural Science Foundation of Hunan Province, China (2025 - 2028)
Co-Investigator: Innovation in non-listed firms: the perspective from medium and small-sized enterprises, National Natural Science Foundation of China (2022 - 2026)
Co-Investigator: Automotive recall early warning and response strategies driven by multi-source defect information, National Natural Science Foundation of China (2024 - 2028)
Co-Investigator: Ways to establish a well-regulated, transparent, and open multi-Level bond Market System in China, Securities Association of China (2022 - 2023)
Conference Presentations
“Hidden costs of rumor clarification” (with Lu Wang and Bilal Hafeez), Annual Meeting of the Financial Management Committee of the Chinese Institute of Certified Public Accountants, Nanchang, November 2023
“Hidden costs of rumor clarification” (with Lu Wang and Bilal Hafeez), Tri-University Annual Conference, Xiamen, September 2023
“Intellectual property rights protection and firm innovation: evidence from half million firms in China” (with Zichao Ma and Tao Shen), The Summer Forum for Corporate Finance in China, Tianjin, July 2023
“Intellectual property rights protection and firm innovation: evidence from half million firms in China” (with Zichao Ma and Tao Shen), The Vietnam International Conference in Finance, Hanoi, July 2023
“Intellectual property rights protection and firm innovation: evidence from half million firms in China” (with Zichao Ma and Tao Shen), Asian Meeting of the Econometric Society, Beijing, June 2023
“Do Stop-loss Rules Add Value in International Equity Market Allocation?” (with Ben Marshall, Nhut Nguyen and Nuttawat Visaltanachoti), New Zealand Finance Colloquium, Auckland, February 2020
“Risk reduction using trailing stop‐loss rules” (with Ben Marshall, Nhut Nguyen and Nuttawat Visaltanachoti), New Zealand Finance Meeting, Auckland, December 2019
“Risk reduction using trailing stop-loss rules” (with Ben Marshall, Nhut Nguyen and Nuttawat Visaltanachoti), Australasian Finance and Banking Conference, Sydney, December 2019
Representative Publications
Dai, B., Ma, Z., & Shen, T.* (2025). Intellectual property rights protection and firm innovation: Evidence from half million firms in China. Journal of Comparative Economics.
Dai, B., Marshall, B. R., Nguyen, N. H., & Visaltanachoti, N. (2023). Lottery stocks and stop-loss rules. Global Finance Journal, 56, 100748.
Dai, B., Marshall, B. R., Nguyen, N. H., & Visaltanachoti, N. (2022). Do stop-loss rules add value in international equity market allocation?. Applied Economics, 54(14), 1584-1597.
Dai, B., Marshall, B. R., Nguyen, N. H., & Visaltanachoti, N. (2021). Risk reduction using trailing stop‐loss rules. International Review of Finance, 21(4), 1334-1352.
Honors / Awards
Best Paper Award in China Corporate Finance Summer Forum, 2023
Massey University Doctoral Scholarship, 2017
Massey Business School Dean’s List, 2016
Massey Business School Dean’s List, 2015