Professor Zheng Jianming of the University of International Business and Economics visited School of Economics and Management and gave a lecture titled “Information Mining and Asset Pricing” at Room 507, Building 31 in the afternoon of May 27, 2017. academic report. Ms. Yu Haiyan of MPAcc center served as the host, and SEM faculties and students attended the lecture.
Professor Zheng Jianming is a professor and doctoral supervisor of the Department of Financial Management of the International Business School of the University of International Business and Economics. His main research areas are corporate finance and capital markets, shadow banking, exchange rates, and FDI. In recent years, he has presided over several national-level projects and published more than 60 papers in high-quality journals such as China Soft Science, Financial Research, Accounting Research, and International Trade Issues.
At the lecture, Prof. Zheng elaborated on four main aspects: the formation mechanism and model evolution of asset pricing, information and asset prices, accounting information and asset pricing, information mining literature and case studies. He pointed out that we need to first look through the patterns and predict the trend before controlling the trend. He then introduced a three-tiered model of corporate analysis, namely financial analysis is branches and leaves, business analysis is the trunk, while corporate governance and team are the soil and roots. In analyzing a company, it is necessary to combine financial data with business, corporate governance and other factors on the basis of understanding the company’s history. Prof. Zheng also introduced the two ways of information mining.
