科研成果：
[1] Zhihui Lv, He Xin, Wing-Keung Wong*(2026), Spillovers or Common Shocks? Factor-Adjusted Evidence on the Systemic Role of Green Finance,Research in International Business and Finance, Accepted in principle. （中科院二区Top）
[2] Zhihui Lv, He Xin, Wing-Keung Wong*(2026). From Mean to Machine Learning: Evolution and Econometric Synthesis Review of Granger Causality Methods. Asia-Pacific Financial Markets : 1-41.
[3]哈高帆，刘佳，吕智慧*，小学数学5C合作探究课堂过程模型的建构与关联结构检验，教育进展，2026, 16(9).DOI:10.12677/ae.2026.161992.
[4] Liu, Zhijun, Hu, Jiang, Bai, Zhidong, Zhihui Lv (2026). Asymptotic distributions of four linear hypothesis test statistics under a generalized spiked model. Journal of Multivariate Analysis, 105668.
[5] Zhihui Lv, Chun-Kei Tsang, Niklas F. Wagner, Wing-Keung Wong* (2023). What is an optimal allocation in Hong Kong stock, real estate, and money markets: an individual asset, efficient frontier portfolios, or a naive portfolio? Is this a new financial anomaly?. Emerging Markets Finance and Trade, 59(5):1554-1571.
[6] Wing-Keung Wong, Tsun Se Cheong, David Chui, Zhihui Lv*, João Paulo Vieito (2023). New trading strategy in investment and a new anomaly: A study of the hedge funds from emerging and developed markets. Heliyon, 9(12): e22486.
[7] Zhihui Lv, Amanda M. Y. Chu, Wing-Keung Wong*, Thomas C. Chiang (2021). The maximum-return-and-minimum-volatility effect: evidence from choosing risky and riskless assets to form a portfolio. Risk Management, 23: 97-122.
[8] Zhihui Lv, Amanda M.Y. Chu, Michael McAleer, Wing-Keung Wong* (2019). Modelling economic growth, carbon emissions and fossil fuel consumption in China: cointegration and multivariate causality. International Journal of Environmental Research and Public Health, 16(21): 4176.
[9] Rangan Gupta, Zhihui Lv*, Wing-Keung Wong (2019). Macroeconomic shocks and changing dynamics of the U.S. REITs sector. Sustainability, 11(10): 2776.
[10] Amanda M. Y. Chu, Zhihui Lv, Niklas F. Wagner*, Wing-Keung Wong (2020). Linear and nonlinear growth determinants: the case of Mongolia and its connection to China. Emerging Markets Review, 43: 100693.（中科院一区Top）
[11] Zhidong Bai, Yongchang Hui*, Dandan Jiang, Zhihui Lv, Wing-Keung Wong, Shurong Zheng (2018). A new test of multivariate nonlinear causality. PLoS ONE, 13(1): e0185155.
[12] Oguzhan Cepni, Rangan Gupta*, Zhihui Lv (2020). Threshold effects of inequality on economic growth in the US states: the role of human capital to physical capital ratio. Applied Economics Letters, 27(19): 1546-1551.
[13] Yan Liu, Zhidong Bai*, Hua Li*, Jiang Hu, Zhihui Lv, Shurong Zheng (2022). RDS free CLT for spiked eigenvalues of high-dimensional covariance matrices. Statistics undefinedamp; Probability Letters, 187: 109501.
主持科研项目：
[1] 广东省区域联合基金，2022-2025，10万，在研，主持；
[2] 广州市基础研究计划基础与应用基础研究项目，2022-2024，5万，结项，主持；
[3] 广东省普通高校特色创新项目，2022-2024年，5万，结项，主持；
[4] 广东外语外贸大学引进人才科研启动项目，2021-2025，5万，在研，主持。
