Finance • Asset Pricing • Machine Learning
I am currently interested in developing AI-driven methods for investments and financial market dynamics.
- Associate Professor, SUFE since 2025
- Ph.D. in Finance, Swiss Finance Institute at EPFL
- Based in Shanghai, China
Image credit: Chinese Poetry Animation
Current Focus
Current work
Current projects include consumer credit and asset prices, large and deep factor models, evolutionary factor search, and language-model-based methods for alpha mining and executable option strategies.
Contact
Get in touch
Email: zhang.yuan@mail.shufe.edu.cn
Office: Yuxiu 305, Wudong Road 100, Yangpu District, Shanghai 200433, China
Selected Publications
Recent work
AlphaBench: Benchmarking Large Language Models in Formulaic Alpha Factor Mining
Haochen Luo, Ho Tin Ko, Jiandong Chen, David Sun, Yuan Zhang, and Chen Liu
International Conference on Learning Representations, 2026
An Intermediation-Based Model of Exchange Rates
Semyon Malamud, Andreas Schrimpf, and Yuan Zhang
Review of Financial Studies, 2025, 38(8), 2386-2433
Working Papers
Projects in progress
Consumer Credit and Asset Prices
with Semyon Malamud and Neng Wang
EFS: Evolutionary Factor Searching for Sparse Portfolio Optimization Using LLM
with Haochen Luo and Chen Liu
Large and Deep Factor Models
with Bryan Kelly, Boris Kuznetsov, Semyon Malamud, and Teng Andrea Xu
Teaching
Courses at SUFE
Current courses
Current teaching includes Investments and Asset Pricing Theory.
Student levels
Teaching spans bachelor, master, and doctoral programs, with a strong emphasis on quantitative finance and AI-based empirical asset pricing.