In 2021, China took steps to build a new development pattern of the bond market and achieved new results in promoting the high-quality development, making a good start to the 14th Five-Year Plan period. Under the leadership and guidance of competent authorities, China Central Depository &...

Evidence from the U.S. and Europe suggests that current risk assessment tools used by researchers and financial professionals to determine individuals’ risk tolerance and provide suitable portfolio recommendations may be flawed due to “mis”perceptions of risk. Limited research has examined...