With the continuous development of digital technology, digital finance and traditional inclusive finance are further integrated to form a new model of digital inclusive finance, which alleviates the financial exclusion in rural areas and brings opportunities and challenges to the revitalization and development...

CATL, as a provider of power batteries, is now regarded at the top of the world. It is not only a company in hot business that responds to carbon neutralization policy but also a high-value stocks concerned by investors. However, it is now faced with fierce market competition and many uncertainties....

The modern technology is developing at a high speed in recent years, therefore, the research and development investment has become an essential factor for firms to attract consumers, gain more market power and increase profits. However, the large amount of investment expenditure may have negative impacts...

With rapid technological advances and economic development, more and more consumers in China participate in online shopping, which has become a habit in people’s lives. Among all the marketing strategies that various online shopping platforms have adopted, the ultimate Double 11 shopping festival on...

Under the guidance of China's reform and opening-up and the background of today's economic globalization, opening to the outside world has become one of China’s economic development priorities. For eastern China with the highest opening degree, cities’ actual use of foreign direct investment...

Due to the rise of globalization and social competition, Chinese students are more likely to suffer from psychological problems in recent years. The Chinese government has required that students need to take mental tests each year. However, there are many deficiencies in the current test form and social...

The impact of COVID-19 on supply chains across the country is significant, and this has led to the funding, employment issues and shutdown for small and micro-enterprises particularly. However, it also provides opportunities for small and micro enterprises to reorganize their business structures or transformation,...

Corporate M&A transactions have been studied from many perspectives, such as executives’ status and their cognitive bias such as the anchoring effect, which is easily overlooked but has a broad impact. Inevitably, during the M&A process, decision-makers are subject to cognitive biases such as...

This paper is an example of CATL, whose share price has recently experienced significant volatility. From there, we explore the link between accounting statements and stock prices. We have applied a stock return model to explore the relevance of five factors to the company. Meanwhile, the main sources...

With the rapid development of Internet technology, the E-commerce platform is driven. Online shopping has gradually become an indispensable part of people's lives. At the same time, the Internet pushed the development of online reviews. Some data show that consumers pay the most attention to the...

A blind box is today's young people are willing to pay money to buy entertainment products. Blind box originating in Japan, is the trend of the culture surrounding products, early blind box for animation derivatives and subculture of derivatives, in recent years the blind box of cooperation with...

With the rapid evolution of digitalization, intellectualization and networking, intelligent manufacturing has become an important direction of global manufacturing reform. Countries around the world have continuously issued a number of policies to provide strategic support and cultivate their own international...

This paper studies the mitigating effect of supply chain finance on SMEs’ financing constraints using data of GEM-listed companies from 2013 to 2020 for empirical analysis. Furthermore, SMEs are grouped based on their regions, and the quality of information disclosed to investigate the differences in...

This article mainly analyses the impact of the Russian-Ukrainian war on the energy industry at this stage. This article is written in the background from the Russian invasion of Ukraine on 24 February 2022, and the current political situation and its subsequent impact on the future of oil trade is variable....

In recent years, the cases of financial fraud within China’s listed companies in the U.S. have increased. Financial fraud usually fails to reflect the normal profitability of enterprises and harms the interests of small and medium investors, disturbing the normal operation of the market as a result....

In recent years, along with the continuous development of empirical research methods, there has been a proliferation of studies surrounding the relationship between investor sentiment and stock returns in recent years. Under the field of behavioral finance, research on investor sentiment is also a keen...

Contemporarily, the novel coronavirus continues to mutate, and the epidemic has recurred repeatedly. Boeing’s economic trends were highlighted considering COVID-19's impact on the airline industry. We utilized financial accounting and BCG matrix to analyze the past operating, investing, and financing...

The purpose of this thesis is to explore the characteristics of copyright legal protection system between the United Kingdom and the United States. Through case analysis, comparative study, and empirical re-search, this thesis analyses the application, scope, restrictions, and privileges of copyright...

The carbon footprint size of agricultural ecosystems in Shaanxi Province was evaluated using the input-output approach and the statistical data of agricultural output as well as agricultural modernization in Shaanxi Province from 2000 to 2019, then the characteristics and reasons for variations in its...

In present-day market, the consumption frequency and consumption desire of the young generation have increasingly exerted more prominent impacts, thus more products tend to prioritize the youngsters’ demands and style in their design and concept. In this regard, this paper starts from the popular brands...

Digital currency, as a new form of currency, has a substantial impact on the evolution of currency. Due to its cheaper transaction costs, faster transaction speeds, and improved security level, the digital currency has become a significant part of the currency issue. In addition, compared with traditional...

2019 is known as the first year of the live commerce, the rapid development of live commerce not only attracted many brands to cooperate with the platform, but also to stimulate consumer spending behavior, and the development of the social economy, which not only popular with goods star Li Jiaqi, but...

Digital currencies, led by the digital renminbi, as an important representative of sovereign digital currencies of major countries, have played an important role in many scenarios and have had a profound impact on the internationalization of the renminbi. Through its multiple advantages in international...

The 19th Party Congress pointed out the principal decision to build Digital China and promote the development of rural revitalization with the digital economy. With the gradual progress of the construction of digital China, China's villages will encounter various problems and dilemmas in using the...

During the “Golden Week” of the Spring Festival in 2020, the catering industry suffered losses due to the impact of Covid-19. Many catering enterprises, especially small and medium-sized catering enterprises, are facing severe cash flow pressure, which has led to bankruptcy. In this regard, in order...

The integration of two explanatory mechanisms of insufficient adjustment and selective accessibility has become a research hotspot in recent years as a result of in-depth research on the psychological mechanism of the anchoring effect. Attitude change theory and metacognition model provide a new perspective...

This paper investigates the current situation and characteristics of China's live-streaming sale market, adopting literature research on the factors influencing consumer behavior in live-streaming shopping and consumer behavior of different age groups, based on which the relationship between different...

A bilateral investment treaty is a treaty between two countries to promote and protect the two-way investment. With the continuous and in-depth upgrade of “the Belt and Road”, the requirements for bilateral investment treaties are also increasing. The existing bilateral investment treaties under “the...

With the continuous development of globalization, the global circulation of finance has gradually become the main feature of globalization. This paper first makes a preliminary discussion on the meaning, characteristics and performance of financial globalization; then reviews the history of the development...

The importance of Ping An Bank in the Chinese stock market is obvious, and does the smallness of investors have an impact on its stock market? Based on heterogeneous autoregressive theory, I collected the close price of Ping An Bank stock market from January 2019 to March 2022, which will be divided...

While financial derivatives are a necessary hedge in today's financial markets, they also carry substantial risks. There has been a steady stream of cases of significant losses incurred by companies investing in derivative financial instruments around the world. The highly leveraged nature of derivatives...

In this research, XGBoost algorithm was used to choose stocks. The stock data was downloaded from Yahoo Finance. The volumes, the differences of open price and close price, the differences of high price and low price, the adjusted close prices of the previous three days were considered as factors. Based...

As people's incomes and technology improve, online games and metaverse concepts have become more mainstream and accepted. The purpose of this study was to analyze the impact of Microsoft's acquisition of Activision Blizzard on Microsoft itself and discuss the changes it will bring to society....

Artificial intelligence is widely used in many ways, and people are also applying the technology to the pricing of insurance contracts. This article will apply common algorithms like the big data analysis of artificial intelligence to the predetermined incidence calculations in insurance pricing and...

The outbreak of COVID-2019 brought about an economic crisis that swept the world. Until now, we entered the phase of normalization of the epidemic, but the unchanged circulation of people still limits our economic development. The impact of the epidemic was far-reaching, and until now, China's economy...

As a cutting-edge financial technology (fintech), artificial intelligence (AI) has been incorporated into financial services, thereby facilitating the innovation of financial services. However, extant research has failed to explore users’ resistance to AI-based fintech innovation. Accordingly, this paper...

Forecasting the price of one certain asset is always a research hotspot in the financial area. This paper studies which of SVM model and ARIMA model is more suitable for short-term stock forecasting. This paper use SVM model and ARIMA model to predict the stocks of Tesla, Apple, Meta and Amazon, respectively....

Stock prediction has long had a high profile among investors under the incentives of profit maximization. However, as a result of the instability and chaos of the financial stock market, predicting stock prices is challenging. To address this problem, the discrete wavelet transformation (DWT) is applied...

The climate crisis is a severe environmental issue currently faced by all mankind. Carbon dioxide emissions caused by household energy consumption are playing an increasingly dominant role. Personal carbon trading is a market mechanism targeted at consumers for carbon emission reduction, aiming to promote...

Internet develops in a rapid way and the advertising industry also has changed these years. Companies have to adapt to the new market circumstance and seek new strategies to maximize the rerun of advertising. This paper collects various advertising strategies and vital factors, and screens out the key...

With the global spread of COVID-19, countries, enterprises, and individuals face severe challenges. Sustainable development has been widely concerned, and the importance of integrating environmental, social, and corporate governance (ESG) into investment decision-making has gradually become prominent....

China's environmental problems are becoming more prominent, and energy issues face new challenges, while new energy sources are gaining more and more recognition in the industry. The Southwest region is rich in clean energy and a critical research area for clean energy (especially hydropower resources)....

The issue of local government debt is related to national politics, economic security and social stability and development. At present, there are some problems and risks in the structure and scale of Harbin's debt exposure, which are mainly manifested in unreasonable economic policies and imperfect...

The paper is to explore the current research status of the use of fitness APP and clarify the influencing factors on using fitness APP。With the development of social economy and the improvement of material living standard, people pay more and more attention to physical health, which accelerates the development...

In order to cope with global climate change and achieve the goal of sustainable development, low-carbon economy has become a new economic development trend. Carbon emissions, as an important indicator of the level of low-carbon economy, are affected by many factors. Therefore, this paper first analyzes...

This article examines the how Apple Store employs the endowment effect to enhance their profits. While touching is proved to be able to enhance people’s psychological ownership and further contributes to higher evaluations, We hypothesized that endowment effect could be either activated or enhanced after...

Owing to an unfortunate oversight during the production process this proceedings was initially published with incorrect volume number 662, this has now been corrected to volume 225.

As globalization proceeds, there is a trend that Multinational Enterprises (MNEs) are increasingly expanding to the international market. MNEs can gain monopoly powers because local enterprises have less competitive advantages and lack antitrust solutions. The U.S. was a pioneer in the legal regulation...

Customer satisfaction is a factor managers should focus on if companies want to be competitive in today's competitive environment. In today's era of popular shopping, customer feedback on the company's products is very important, which is beneficial to the company's bottom line. Customers...

This paper provides an overview of the literature that investigates on the influence of tangible assets or collateral on capital structure. Previous studies suggest a consistent conclusion that leverage ratio is positively affected by tangible assets. The trade-off theory can well explain the actual...

Nowadays, the option is an indispensable financial tool in the current financial market. Moreover, the Asian option, as one of the most famous and widely used exotic options, plays a significant role in it. This paper aims to propose a new type of Asian option, which is jointly designed by the authors...

China's market economy is developing an extraordinary speed. At the same time, China is also actively adjusting its economic system to meet the needs of future economic development. The goal is to enable China to continue to be a leader in global economic growth. Because the sustainable development...

Since the COVID-19 appeared in 2019, the price of gold futures has been quite different from the past. We analyzed the supply and demand of gold futures during the epidemic and found some of the reasons for the rise in gold futures prices. Besides, we expect to use the ARIMA to model the COMEX gold futures...

Probability theory is an important mathematical branch to study the law of random phenomena. Its application widely exists in our life. As a typical random experiment of classical probability model, lottery is an excellent material for the study of probability theory. Similarly, the study of various...

Mathematical models can be used to solve every single problem that exists in the world. The practical application of these problems is short in resource matching from the social-economic perspective field. In the real world, mathematical models can save a life and assist in economic growth, policymaking,...

On December 31st, 2009, right towards the end of the Global Financial Crisis, an important acquisition took place in the entertainment industry. Walt Disney Studios officially announced the acquisition of Marvel Studios. The purpose of this study is to explore the impact of the acquisition on Disney...

With the support of national policies, China's software industry is developing at a sustained and high speed. An accurate grasp of investment opportunities in the software industry requires the state to have a correct understanding of the intrinsic value of listed companies. In this paper, literature...

Speeding is a universal and detrimental problem in many countries, leading to casualties and enormous social costs. Intervention and prevention of speeding are essential, including using the framing effect. The framing effect denotes the effect of rephrasing the problem that individuals face. It triggers...

Science and technology innovation group, which consists of technology innovation and knowledge innovation, plays an important role of national developing industry. With the rapid development of Chinese industry since the 21st century, higher and more urgent requirements for Chinese industrial scientific...

This paper examines Market timing ability in China's fund of mutual funds placements. We study the Treynor-Mauzy-Busse Model, which evaluate the market return timing and volatility timing at the same time. We use China's fund of funds data and compare empirical results of Treynor-Mauzy Model,...

‘Peak Carbon Dioxide Emission’ and ‘Carbon Neutrality’ are the carbon emission reduction targets set by China to deal with major climate problems caused by the rise of global greenhouse gases. This paper takes carbon finance markets as the research object and selects the daily data of carbon trading...

Due to the rise of the Internet in today's society, more consumers will choose to buy goods on the Internet. This has also led to the expansion of online celebrity marketing. With the development of Internet celebrity marketing, it will not only bring benefits to the society, but also bring disadvantages....

As a result of the COVID-19 outbreak, various countries and regions have engaged in a degree of continued segregation and blocking policies that have forced people to use as many digital financial platforms as possible. In this context, The topic of how to use and develop digital inclusive finance to...

The trade friction combined with the COVID-19 epidemic has made a great impact on the stability of the global industrial chain. Great importance has been attached to the safety and controllability of the industrial chain by all countries. With a relatively strong industrial base and national leading...

The wave of the Internet has promoted the rapid development of video websites in China. Bilibili has created a unique community atmosphere and formed a loyal user group with its anime culture, bullet-screen interaction, and extensive participation in high-quality video creation. But its marketing strategy...

The aim of this paper is to illustrate and summarize the role of framing effect under the COVID-19 pandemic with regards to three applications: vaccine promotion, general restrictive policy proposed by governments, and guidelines for older adults. Current studies for this issue are mostly about the effect...

For oil companies, commodity price risk is an issue that cannot be ignored, and it is particularly important to hedge their price risk in the spot market and develop a reasonable strategic plan. This paper takes Chevron Corporation, a US oil giant, as an example, and analyzes how it uses financial derivatives...

The essay mainly focuses on the Anchoring effect and it discusses how the anchor functions in real life. To begin with, the term Anchoring is defined and many related types of research are cited to show that anchoring has important uses in our lives. Then, four different types of anchors are provided,...

The economy has grown tremendously since the completion of the Guangdong-Hong Kong-Macao Greater Bay Area, which maynot be detached from the central and local governments’ economic policy direction. This study analyses the Greater Bay Area's economic leading policies and recommends a route for future...

Milk provides humans with nutrients that the body needs, such as calcium. It also enables the host to have higher levels of short-chain fatty acids, thus providing a major source of energy for the host's body. Lactase helps humans to break down large molecules of lactose into smaller molecules of...

The issue of labour’s right to health has been widely concerned and discussed at home and abroad, but there are still many problems in the legislative protection of labour’s right to health in China. This paper aims to solve the problem about how to optimize and improve the protection mechanism of labourers’...

As silver futures appear and are widely traded, it has brought both opportunities and challenges to the market. Many scholars hold the belief that the spot market affects the futures market, and the futures market reacts to the spot market as well. The relationship between them is complex. Taking the...

After World War II, international financial and trading system were established with corporations from different parts of the world. At the same time, science and technology promote more rapid development of productive forces; the third scientific and technological revolution began. Developed countries...

The issue of child labor is one of the issues that legal developments have always made it difficult to solve completely. As the world's economies develop and laws develop, many regions are well able to address child labor through legal constraints. In some regions, such as Africa, the use of child...

This research aims to understand the ongoing process of the New Oriental’s transformation. Using extensive secondary research and text mining as a primary approach to collect information about New Oriental’s history and future plan of transformation. PEST analysis is used as an extensive tool to take...

Digital transformation is recognized as an increasingly essential facilitator to improve the efficiency and performance of organizations through utilizing digital technologies to impel organizational change, especially after the occurrence of pandemic. While companies and governments are heavily investing...

Although it has long been agreed that traditional economic theory assumes rational behavior, at one time there was considerable disagreement over the meaning of the word “rational”. To many, the word suggested an outdated psychology, lightening-fast calculation, hedonistic motivation, and other presumably...

At present, the research summarized of sunk cost effect almost all come from the cost of money. The behavioral sunk cost effect caused by time or effort has not attracted the attention of researchers until recent years, but the research in this aspect is just starting, and the few research conclusions...

In this paper the focus is on the use of correlation to find the relationship between exchange rates and crude oil prices in the Chinese market. And in finding a negative correlation between the two the data relating to the Euro was also collected for comparison. Ultimately, however, it was found that...

With the development of the Internet, fans establish contacts through online platforms, and gradually form a fan culture. With the development of culture and the expansion of groups, the influence of the fan economy on the market has gradually expanded, and it has gradually affected other traditional...

Under the goal of “carbon peak” and “carbon neutralization”, China began to attach great importance to the transformation of energy, and new energy enterprises have become key development enterprises. Technological innovation is the key to the development of new energy enterprises, but the low economic...

In order to analyze the development status of Hilton in the post epidemic era and what strategies can be carried out, I collected the relevant data of Hilton from 2016 to 2020 and predicted the data in the next five years, not just a simple prediction, but also guided the decision-making through the...

Financial derivatives are essential hedging tools in modern financial markets. Since the 1990s, China's over-the-counter derivatives market has developed rapidly, occupying an important position in the world and playing an important role in economic and financial development. However, the open development...

Using the information transmitted by users on social media to mine the various applications of SMM(social media marking) in the market has the advantages of low cost and high efficiency. The rise of social media in recent years has shown tremendous research and practical value. This paper systematically...

This paper takes the three provinces, and one city in the Yangtze River Delta region as the study target, the inter-provincial panel data of the three provinces and one city in the Yangtze River Delta region from 2011 to 2020 are selected, and actualizes a positive study on how green finance (G-Finance)...

Although market fluctuations may aid investors in making better trading decisions, psychological variables such as the anchoring effect can also have an impact. The anchoring effect is one of the most effective cognitive heuristics. The impact of the anchoring effect on investor performance and capabilities...

With the explosive popularity of blind boxes in China, more and more companies have started to develop the ‘blind box +’ business. Nowadays, the market has shown a phenomenon of “everything can be sold in a blind box” and blind box products gradually grow to the peak of consumption with some problems...

Internet companies have been scrambling to grab the market since the craze of the metaverse began. To compete for the lead, Byte Dance invested heavily in VR in the past years and acquired Pico on August 29, 2021. This paper investigated the effect of the conglomerate acquisition on the acquirer. The...

The stock market, as the main financing channel for listed companies and the most accessible wealth creation opportunity for investors, has always attracted attention from all walks of life. With the evolution of the technology, deep learning has started to play a very important role in forecasting stock...

The stock market is riddled with uncertainty and risks, taking one fallacious decision could lead to huge loss. Therefore, stock market prediction is of great interest to many stock investors. The paper adopts four machine learning models including Decision Tree Regression, Linear Regression, Random...

The Walt Disney Company holds a significant commercial position around the globe. It is well-known not just in the amusement park sector, but also for its accomplishments in film and television production. This paper was mainly focused on the impact of the acquisition of Disney Company and 21st Century...

This article illustrates the premium selling strategy and its performance in Chinese option market. Analyzing the advantages and disadvantages of strategy application. This work will show the performance of traditional option strategy in Chinese market, whether it is effective or not. We choose options...

In a market economy, the balance between demand and supply will be realized through the spontaneous adjustment of the “invisible hand” of price, thus realizing the optimal allocation of resources. But sometimes, due to “market failure”, relying on the market alone cannot achieve the optimal allocation...

Green finance is an important focus of financial services to the real economy. It will help China achieve the goal of carbon peak and carbon neutral as soon as possible, and promote the overall green transformation of China's economic and social development. This paper analyzes the development status...

The report to the 19th CPC National Congress put "innovation" as the key word, and the congress agreed on that innovation is the most significant driving In 2014, the government issued relevant opinions on ESOP with positive response of listed enterprises. Based on difference-in-difference...

Smartphones have become an essential tool and a common product since the 2010s. Despite being a type of electronics, its rather shorter life-cycle and more frequent upgrades makes its marketing a valuable topic to research on. This study provides two particular angle, which are digital ecosystem and...

With the growth of equity pledge scale, enterprises are constantly exploring risk resolution methods. After the revision of the company law in 2018, the conditions for share repurchase were gradually relaxed, and the number of listed companies announcing the implementation of share repurchase increased...

It is of great theoretical and practical significance to study the tourism photography motivation of female groups and its impact on tourism behavior. Taking female tourists in Xiamen as the survey object, this paper studied their tourism photography motivation, and explored the impact of tourism photography...

Over the past several decades of reform and opening up, the people's lives have been greatly improved. People have raised higher requirements for the quantity and type of public goods and the quality of public services, and issues concerning people's livelihood such as medical care, employment,...

With the rapid economic development, China's environmental problems are becoming more and more serious, and it is urgent to transition to green economic development. As a responsible major country, China is making vigorous efforts to strike a balance between economy and ecology. This paper will...