A gradient boosting decision tree approach for insider trading identification: An empirical model evaluation of China stock market

Insider trading is a kind of criminal behavior in stock market by using nonpublic information. In recent years, it has become the major illegal activity in China’s stock market. In this study, a combination approach of GBDT (Gradient Boosting Decision Tree) and DE (Differential Evolution) is proposed to identify insider trading activities by using data of relevant indicators. First, insider trading samples occurred from year 2007 to 2017 and corresponding non-insider trading samples are collected. Next, the proposed method is trained by the GBDT, and initial parameters of the GBDT are optimized by the DE. Finally, out-of-samples are classified by the trained GBDT–DE model and its performances are evaluated. The experiment results show that our proposed method performed the best for insider trading identification under time window length of ninety days, indicating the relevant indicators under 90-days time window length are relatively more useful. Additionally, under all three time window lengths, relative importance result shows that several indicators are consistently crucial for insider trading identification. Furthermore, the proposed approach significantly outperforms other benchmark methods, demonstrating that it could be applied as an intelligent system to improve identification accuracy and efficiency for insider trading regulation in China stock market.     

Electricity Production

Current data on net electricity production, as well as a breakdown of production by country. Updated on a monthly basis.     

Electricity Production

Current data on net electricity production, as well as a breakdown of production by country. Updated on a monthly basis.     

新世纪我国压铸业与国际接轨的思考

针对中国压铸行业的现状和存在的问题 ,以及当前的机遇和面临的挑战 ,论述了中国压铸工业进入 2 1世纪所面临的新形势及应采取的对策     

标识化语言的发展及在电子物流中的应用

重点阐述了XML技术的发展和对EDI技术的有效补充与改进，并展望基于XML技术的电子商务物流数据交换技术的发展前景。     

The impacts of a GTL plant on Brazil's oil products supply and refinery expansion

This paper assesses the impacts of a GTL plant on the expansion of Brazil's oil refining segment. The GTL plant (50,000 bpd) was sized to start up operations in 2015, producing diesel and naphtha through the indirect route (FT-synthesis). This plant will consume the non-associated natural gas production from the recent discoveries at the Santos Basin (around 419 Bm³), and the associated gas production from the Campos Basin. Both basins are located in the Southeast of Brazil, the most populated, rich and industrialized region of the country. Two different criteria for refinery expansion were simulated in order to meet oil product demand scenarios. Findings show that depending on the refinery expansion criteria considered GTL will play a fundamental hole to meet the oil product demand forecast to Brazil in the next 10 years.     

中国铜冶炼企业的竞争趋势及对策建议

文章分析了我国大型及中小型铜冶炼企业所面临竞争环境,提出了我国铜冶炼企业应采取的对策建议,即:联合进口原料;走大型企业联合之路,组建中国铜业集团;开发利用海外资源;加大国内资源勘探;继续进行技改、挖潜,提高企业竞争力等。     

改革组织结构实现科学管理

介绍了现代企业的组织结构的类型与阶段，提出可为国有企业改革可借鉴的经验。     

Asymmetric Regulation System Fit for Chinese Telecom Market

After the new round of restructuring of Chinese telecom sector,it's pressing to formulate and implement asymmetric regulation policies so as to shape an effectively competitive market structure in a relatively short term.This paper reviewed the asymmetric regulation policies and practices carried out in foreign telecom market,and then according to the specific situations of Chinese telecom market,proposed the principles and corresponding policies for establishing an asymmetric regulation system fit for Chin...     

锌电积的节电探讨

分析厂影响锌电积电能消耗的因素，提出了锌电积的节电对策与展望。