Zongyuan Li, Ph.D.


Ph.D., Finance, University of Macau, Macau, China

M.Sc., Finance, ISCTE-IUL, Portugal

B.M., Forensic Medicine, Xi’an Jiaotong University, Shaanxi, China


Dr. Zongyuan Li received his doctoral degree from the University of Macau. Before joining the WKU in 2022, he was an assistant professor at the Dalian Maritime University, and a part-time Charted Financial Analyst (CFA) lecturer at the Golden Education.

His research interests lie primarily in the fields of banking risk management (e.g., liquidity risk, systemic risk, and credit risk) and real estate finance.

Personal Websites: https://sites.google.com/iscte-iul.pt/zongyuans-marketopia/home

Research Interest

  • Banking
  • Risk Management
  • Real Estate Finance

Teaching Courses

  • Financial Management
  • Financial Derivatives
  • Risk Management
  • Corporate Finance


Li, Zongyuan and Rose Neng Lai, (2022). International Borrowing and Bank Liquidity Risk, Journal of Financial Research, 45(1), 53-91. (ABS-3, ABDC-A).

Li, Jingya, Zongyuan Li and Minghua Liu, (2022). Bank Competition, Interest Rate Pass-Through and the Impact of the Global Financial Crisis: Evidence from Hong Kong and Macao, Chine Finance Review International (ABS-1, ABDC-C).

Li, Zongyuan and Rose Neng Lai, (2021). Not All Bank Liquidity Creation Boosts Prices – The Case of the US Housing Markets, International Real Estate Review, 24(1): 19-58. (ABDC-C).