We construct a two-period Kyle model to investigate how a financial online influencer manipulates the stock market. Given that an online influencer usually has many loyal fans, he firstly places a random order in the market and transmits the order signal to his fans, and then engages in...

With the development of China's rapid economic development, China's energy consumption is increasing. There has always been an objective contradiction between economic development and environmental pollution control. Green finance, as a capital investment for environmental pollution treatment...