Purpose: To introduce the Securities Law of the People's Republic of China (the “Securities Law 2019”) revised on 28 December 2019, and provide a detailed analysis on its key implications to the securities regulatory regime and market activities, especially securities issuance and trading...

type="main" <title type="main">ABSTRACT</title> <p>Contingent capital (CC), which aims to internalize the costs of too-big-to-fail in the capital structure of large banks, has been under intense debate by policy makers and academics. We show that CC with a market trigger, in which direct stakeholders are unable to choose...</p>

Community detection in the social networks is one of the most important tasks of social computing. Highly relevant researches indicate that the social network generally contains both an overlapping and hierarchical structure. This paper introduces an efficient and functional community detection...