China Finance Review International: Volume 6 Issue 4

Securitization of longevity risk – survivor swap perspective

Xiaopeng Zou, Zihan Ye, Qiuzi Zhang

The purpose of this paper is to present a clear path to securitize the longevity risk with two distinct swaps in order to inspire a new Chinese life market.

The impact of the reputation of underwriter and sponsoring representative on IPO underwriting fees

Chao Chen, Xinrong Wang

The purpose of this paper is to analyze the effect of the reputation of underwriters and sponsoring representatives on initial public offering (IPO) underwriting fees, and further…

Dynamical evolution of trading behavior on anti-coordination game in complex networks

Yue-tang Bian, Lu Xu, Jin-Sheng Li, Xia-qun Liu

The purpose of this paper is to explore the evolvement of investors’ behavior in stock market dynamically on the basis of non-cooperative strategy applied by investors in complex…

Determinants of different types of bank liquidity: evidence from BRICS countries

Muhammad Umar, Gang Sun

The purpose of this paper is to explore the determinants of three different types of bank liquidity: funding liquidity, liquidity creation, and stock liquidity in emerging markets.

Double-sided moral hazard, information screening and the optimal contract

Jin Xue, Yiwen Fei

In the practice of venture capital investment, the venture capital will not only claim the share of the enterprise’s future output, but also a certain amount of fixed income. The…