1）Zhang, W*., Li, B., Liew, A. W. C., Roca, E., & Singh, T. (2023). Predicting the returns of the US real estate investment trust market: Evidence from the group method of data handling neural network. Financial Innovation, 9(1), 1-33.

2）Zhang, W*., Li, B., & Roca, E. (2024). Moments and momentum in the returns of securitized real estate: A cross-country study of risk factors driving real estate investment trusts before and during COVID-19. Heliyon, 9(8).

3）Zhang, W*., Li, B., Singh, T., Liew, A. W. C., & Roca, E. (2025). Optimal REIT portfolio selection using machine learning. Journal of Alternative Finance，2(1), 45-68.

4）Working paper: Zhang, W*., Li., X, Zeng., J & Li, B. (2025). Exploring the relationship between house prices and the development of the REIT in China, Financial Innovation (完成第一轮修改，已返回编辑社)

5）Working paper: Zhang, W*., Li., X, Zeng., J & Li, B. (2025). Machine learning and Financial modeling for REIT valuation and mortgage risk: Integrating sentiment analysis and stress testing. The Review of Financial Studies. (于7月投稿，正在第一轮审稿中)

Machine Learning, Stock Selection and Portfolio Optimization with Special Reference to REITs

1）Zhang, W*., Li, B., Liew, A. W. C., Roca, E., & Singh, T. (2022). Predicting the returns of the US real estate investment trust market: Evidence from the group method of data handling neural network. 2022 Accounting & Finance Association of Australia and New Zealand Doctoral Symposium, 2-5 July, Melbourn, Australia.

2）Zhang, W*., Li, B., Singh, T., Liew, A. W. C., & Roca, E. (2023). Exploring the relationship between house prices and the development of the REIT in China. 2023 Accounting & Finance Association of Australia and New Zealand Doctoral Symposium, 2-4 July, Gold Coast, Australia.

3）Li, J., Li, B., Su, J & Zhang, W.* (2025). Semi-Coskewness asset pricing model. 2025 Accounting & Finance Association of Australia and New Zealand Doctoral Symposium,, Gold Coast, Australia.