Risk assessment across industries is paramount for ensuring a robust and sustainable economy. While previous studies have relied heavily on official statistics for their accuracy, they often lag behind real-time developments. Addressing this gap, our research endeavors to integrate market microstructure theory with AI technologies to refine industry risk predictions. This paper presents an approach to analyzing industry trends leveraging real-time stock market data and generative small language models (SLMs). By enhancing the timeliness of risk assessments and delving into the influence of non-traditional factors such as market sentiment and investor behavior, we strive to develop a more holistic and dynamic risk assessment model. One of the key challenges lies in the inherent noise in raw data, which can compromise the precision of statistical analyses. Moreover, textual data about industry analysis necessitates a deeper understanding facilitated by pre-trained language models. To tackle these issues, we propose a dual-pronged approach to industry trend analysis: explicit and implicit analysis. For explicit analysis, we employ a hierarchical data analysis methodology that spans the industry and individual listed company levels. This strategic breakdown helps mitigate the impact of data noise, ensuring a more accurate portrayal of industry dynamics. In parallel, we introduce implicit analysis, where we pre-train an SML to interpret industry trends within the context of current news events. This approach leverages the extensive knowledge embedded in the pre-training corpus, enabling a nuanced understanding of industry trends and their underlying drivers. Experimental results based on our proposed methodology demonstrate its effectiveness in delivering robust industry trend analyses, underscoring its potential to revolutionize risk assessment practices across industries.
Unveiling the Potential of Sentiment: Can Large Language Models Predict Chinese Stock Price Movements?
International Digital Economy Academy (IDEA)（国际数字经济学院（IDEA））；The Hong Kong University of Science and Technology (Guangzhou)（香港科技大学（广州））；Data Science and Analytics Thrust, The Hong Kong University of Science and Technology (Guangzhou)（香港科技大学（广州）数据科学与分析学域）；Financial Technology Thrust, The Hong Kong University of Science and Technology (Guangzhou)（香港科技大学（广州）金融科技学域）
Removing Non-Stationary Knowledge From Pre-Trained Language Models for Entity-Level Sentiment Classification in Finance
Underwood International College, Yonsei University（延世大学安德伍德国际学院）；NCSOFT；KB Kookmin Bank（KB国民银行）；College of Business & Economics, Chung-Ang University（中央大学工商经济学院）
FinXABSA: Explainable Finance through Aspect-Based Sentiment Analysis
Asian Institute of Digital Finance（亚洲数字金融学院）；National University of Singapore（新加坡国立大学）；School of Computer Science and Engineering（计算机科学与工程学院）；Nanyang Technological University（南洋理工大学）；Institute of High Performance Computing (IHPC)（高性能计算研究所）；Agency for Science, Technology and Research (A*STAR)（新加坡科技研究局）；College of Design & Engineering（设计与工程学院）
Beyond Sentiment: Structured Information Extraction from Financial News
School of ASEE, Beihang University（北京航空航天大学ASEE学院）；School of BME, Beihang University（北京航空航天大学生物医学工程学院）；CAIR and CECS, VinUniversity（VinUniversity CAIR与CECS机构）
Aspect-Level Obfuscated Sentiment in Thai Financial Disclosures and Its Impact on Abnormal Returns
Department of Linguistics, Faculty of Arts, Chulalongkorn University（语言学系，艺术学院，朱拉隆梭大学）；Sasin Graduate Institute of Business Administration, Chulalongkorn University（工商管理研究生院，朱拉隆梭大学）
