SHI, Chuan

Education

Ph.D., Massachusetts Institute of Technology, 2012
- Department of Mechanical Engineering
- Doctoral Thesis: Efficient Buffer Design Algorithms for Production Line Profit Maximization
- Committee Members: Dr. Stanley Gershwin (advisor), Dr. Stephen Graves, Dr. Brian Anthony
- Minor: Finance
M.Eng., Tsinghua University, 2007
- Department of Precision Instruments and Mechanology
- Graduate with the highest honors (top 2%)
- Outstanding master’s thesis
- Thesis: Study on the Look-Ahead Function Based Motion Control Algorithm for Continuous Micro Line Trajectories
- Advisor: Dr. Peiqing Ye
B.Eng., Tsinghua University, 2005
- Department of Precision Instruments and Mechanology
- Graduate with honors (top 10%)

Academic Experience

Professor of Practice in Financial Engineering
The Chinese University of Hong Kong, Shenzhen, School of Data Science, 08/2024 - present

Industry Experience

Co-founder and Chief Data Scientist
Beijing Liangxin Investment Management Co. Ltd., 09/2015 - present
- Advanced time-series and cross-sectional data analysis using statistical modeling and machine learning.
- Quantitative strategy development leadership.
- Risk control expertise.
Senior Member of Technical Staff
Oracle America, Inc., Redwood Shores, CA, 01/2012 - 02/2016
- Customer requirement analysis.
- Data warehouse design.
- Cross-functional collaboration.
- Global team coordination and client interaction.
Data Quality Analyst (Internship)
Citigroup, Inc., Boston, MA, 06/2011 - 09/2011, 11/2011 - 01/2012
- Data quality enhancement.
- Advanced data profiling and cleansing.
Modeling & Simulation Analyst (Internship)
Procter & Gamble, Cincinnati, OH, 06/2010 - 08/2010
- Production line optimization via advanced modeling and simulation techniques.
- Development of simulation test protocol.

Professional Service

Editorial board of Computers in Industry

Teaching/Mentoring Experience

DDA3600 Factor Investing, CUHK(SZ)
- Instructor, Fall 2024
STA4020 Statistical Modeling in Financial Markets, CUHK(SZ)
- Instructor, Fall 2024
2.853/4 Intro to Manufacturing Systems, MIT
- Teaching Assistant, Fall 2007, 2009, 2010, and 2011
Industry advisor for the Master of Finance program, Nanjing University

Guest Lectures/Invited Talks

Lectures on advance in asset pricing/factor investing at universities
- Fudan University, Nanjing University, Peking University, Renmin University of China, Shanghai Advanced Institute of Finance, Tianjin University
Lectures on quantitative investment at universities
- Central University of Finance and Economics, Nanjing University, Peking University, Peking University HSBC Business School, Shanghai University, Southwestern University of Finance and Economics, Tsinghua University
Lectures on advances in asset pricing/factor investing for institutional investors
- Bank of Communications Schroder Fund, Bosera Asset Management, China Asset Management, China Merchants Fund, China Southern Asset Management, E Fund Management, Everbright Pramerica Fund, Fullgoal Fund Management, Hua’an Fund Management, Hwabao WP Fund, ICBC Credit Suisse Asset Management, Penghua Fund Management, Taikang Asset
Talks at sell-side strategy conferences and for industry associations
- CITIC Futures, CFA Beijing Association, COFCO Futures, Haitong Securities, Huachuang Securities, Kaiyuan Securities, Northeast Securities, SDIC Essence Futures, Western Securities

Referee for Journals

Annals of Operations Research, Computers in Industry, IIE Transactions, European Journal of Operational Research, INFORMS Journal on Computing, Information Systems and e-Business Management, International Journal of Advanced Manufacturing Technology, International Journal of Computer Integrated Manufacturing, International Journal of Management Science (Omega), International Journal of Production Economics, International Journal of Production Research, International Journal of Physical Distribution & Logistics Management, Journal of Intelligent Manufacturing, Journal of Optimization Theory and Applications, Journal of the Operational Research Society, OR Spectrum, Probability in the Engineering and Informational Sciences, 管理科学学报

Books

Zhang, M. X., T. Lu, and C. Shi (forthcoming). Navigating the Factor Zoo: The Science of Quantitative Investing. Routledge
Wang, X. and C. Shi (2022). Machine Learing and Asset Pricing (in Chinese). Publishing House of Electronics Industry
- Chinese Title: 《机器学习与资产定价》
- This book is the Chinese translation of Nagel, S. (2021). Machine Learning in Asset Pricing. Princeton University Press.
Shi, C., Y. Liu, and X. Lian (2020). Factor Investing: Methodology and Practice (in Chinese). Publishing House of Electronics Industry
- Chinese Title: 《因子投资：方法与实践》

Book Chapter Contributions

Chapter 6: Critical Data Elements: Identification, Validation, and Assessment
In: R. Jugulum. Competing with Data Quality: Relevance and Importance in Industry, Wiley 2014
Chapter 7: Prioritization of Critical Data Elements (Funnel Approach)
In: R. Jugulum. Competing with Data Quality: Relevance and Importance in Industry, Wiley 2014

Selected Papers

A segmentation approach for solving buffer allocation problems in large production systems

Shi, C. and S. B. Gershwin (2016). A segmentation approach for solving buffer allocation problems in large production systems. International Journal of Production Research 54(20), 6121-6141

Part sojourn time distribution in a two-machine line

Shi, C. and S. B. Gershwin (2016). Part sojourn time distribution in a two-machine line. European Journal of Operational Research 248(1), 146-158.

Improving financial services data quality - A Citigroup practice

Shi, C., C. H. Heien, J. R. Talburt, R. A. Granese, D. W. Gray, R. Jugulum, R. Ramachandran, J. Singh, J. Hamilton, and H. I. Joyce (2015). Improving financial services data quality - A Citigroup practice. International Journal of Lean Six Sigma 6(2), 98-110

Working Papers

A composite four-factor model in China
(with X. Lian), 2021, SSRN 3928587
Refined book-to-market ratio and the cross-section of stock returns in China
(with X. Lian and Y. Liu), 2019
Lead time distribution of three-machine two-buffer lines with unreliable machines and finite buffers (with S. B. Gershwin), 2016, MIT Operations Research Center Working paper

Refereed Conference Publications

The additive property in long line optimization
(with S. B. Gershwin), IFAC Conference on Manufacturing Modeling, Management and Control, Saint Petersburg, Russia, July 19-21, 2013
Qualitative behavior of average buffer levels
(with S. B. Gershwin), The 9th International Conference on Stochastic Models of Manufacturing and Service Operations, Kloster Seeon, Germany, May 25-30, 2013
Part waiting time distribution in a two-machine line
(with S. B. Gershwin), The 14th IFCA Symposium on Information Control Problems in Manufacturing (INCOM 2012), Bucharest, Romania, May 23-25, 2012
The segmentation method for long line optimization
(with S. B. Gershwin), The 8th International Conference on Stochastic Models of Manufacturing and Service Operations, Kusadasi, Turkey, May 28-Jan 2, 2011
An efficient buffer design algorithm for production line profit maximization
(with S. B. Gershwin) The 13th IFCA Symposium on Information Control Problems in Manufacturing (INCOM 2009), Moscow, Russia, June 3-5, 2009
The look-ahead based adaptive motion control for high-speed machining of complicated contours, (with P. Ye, Q. Lv, and K. Yang), IEEE International Symposium on Assembly and Manufacturing, Ann Arbor, MI, July 22-25, 2007
The recycling model of the printed circuit board and its economy evaluation
(with Q. Niu, D. Xiang, X. Liu, and G. Duan), IEEE International Symposium on Electronics and the Environment, Orlando, FL, May 7-10, 2007

Honors/Awards

Recipient of the Outstanding Contribution Award on the 40th Anniversary of the Publishing House of the Electronics Industry, 08/2022
Winner of the Best Paper Prizes (10 out of 382 papers) of the 2013 IFAC Conference on Manufacturing Modelling, Management and Control, 05/2013
Winner of the Best Paper Prize for Track D: Design of Reconfigurable Manufacturing Systems of INCOM 2012, 05/2012
Full Member of Sigma Xi (nominated by MIT professors), 06/2011
Certified Information Management Professional specializing in Data Quality, 07/2011
Graduate with Highest Honors for Master’s Degree, Tsinghua University, 07/2007
Outstanding Master’s Thesis, Tsinghua University, 07/2007
Graduate with Honors for Bachelor’s Degree, Tsinghua University, 07/2005
The Second Place Prize in the 6th Creative Machine Design Contest, Tsinghua University, 10/2004
National Scholarship of China, 12/2004
Academic Excellence Scholarship, Tsinghua University, 12/2003
Academic Excellence Scholarship, Tsinghua University, 12/2002

References

Will provide upon request.