Under an incomplete market, we develop a utility-based pricing model for equity and contingent convertible bond (CCB) while the straight bond is priced by an equilibrium pricing method. We derive the semi-closed-form solutions of the utility-based prices of equity and CCB and the explicit...

"This book addresses and compensates for the lack of poverty measurement research in China. With regard to the multi-dimensional measurement of poverty, it is clear that the situation of Chinese farmers is problematic in terms of five major aspects: sanitation facilities, health insurance,...

This article describes how machines are the new breed of traders as news sentiment arrivals drive the stock price change. Strategies are the technical approach to search for profit from event-based speculations. This paper revisits these topics in a novel way and first uncovers distinctive...

Clathrate hydrate is an attractive technology for cold storage applications. It offers a high cold storage density and elevates the phase change temperature compared to water. It offers better heat transfer properties and improved cyclic stability compared to eutectic salts. This paper reviews...

This study examines whether ESG affects capital occupation in supply chain and firm value using a dataset of Chinese-listed firms. We demonstrate that focal firm with better ESG performance extend their receivable periods to customers and has access to longer payable periods provided by...