The Announcement Effect of Cash Dividend Changes on Share Prices: An Empirical Analysis of China

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Exchange listing changes: volatility and liquidity effects in Taiwan

We examine the volatility, liquidity and returns effects on stocks that switch exchange listings from the ROSE to the TSE in Taiwan from 1992 to 2000. Switching Jims earn statistically positive returns before the transfer day and earn statistically negative returns after that day. We find evidence of improved liquidity, ownership dispersion and actual trading volume for such firms. The relative volatility of trading volume, compared against the firms ' own histories, and volatility of return also increase after a listing change. We show that increased trading volume and liquidity are associated with the abnormal returns around the transfer date. We find no evidence that the past earnings of firms significantly affect the abnormal returns realized in the post-listing period

Polymorphisms of EHF-ELF5 genomic region and its association with pediatric asthma in the Taiwanese population

BackgroundThe EHF and ELF5 genes, located on chromosome 11p and linked to asthma phenotypes, are high-potential candidate genes conferring asthma susceptibility. The purpose of this study was to investigate the genetic association among single nucleotide polymorphisms (SNPs) of EHF and ELF5, and their relationship with asthma in the Taiwanese population.MethodsWe selected and performed genotyping on 16 SNPs that encompass the genomic region of EHF and ELF5 in Taiwanese children with or without asthma. A total of 1983 children, 523 in the test group and 619 and 842 in two validation groups, were recruited for this study.ResultsThe SNP rs3910901, located in the 5′ upstream region of ELF5, was found to have a weak association (p = 0.043) with asthma in the odds ratio analysis. The genotype distribution was similar in all comparison groups, but the CC genotype was more frequent in asthma patients. Logistic regression adjusted allergy comorbidity showed obviously diluted association.ConclusionThe results indicated that SNP rs3910901 may have a minor impact on pediatric asthma in the Taiwanese population

The Establishment of Rapid Evaluating System for Surficial Inundations

Source: ICHE Conference Archive - https://mdi-de.baw.de/icheArchiv

VaR and the cross-section of expected stock returns: an emerging market evidence

In this paper we investigate the explanatory power of the market beta, firm size, and the book-to-market ratio, as well as Value-at-Risk regarding the cross-sectional expected stock returns in a less developed stock market – Taiwan's stock market. The main purpose is to examine whether the Value-at-Risk factor has marginal explanatory power related to the Fama-French three-factor model. The empirical results show that Value-at-Risk can account for the average stock returns at both 1% and 5% significance levels based on cross-sectional regression analysis. Moreover, from the perspective of the time series regression, the Value-at-Risk factor can also demonstrate the variation of the stock market, especially for the larger companies in the Taiwan stock market

On quantum backpropagation, information reuse, and cheating measurement collapse

The success of modern deep learning hinges on the ability to train neural networks at scale. Through clever reuse of intermediate information, backpropagation facilitates training through gradient computation at a total cost roughly proportional to running the function, rather than incurring an additional factor proportional to the number of parameters - which can now be in the trillions. Naively, one expects that quantum measurement collapse entirely rules out the reuse of quantum information as in backpropagation. But recent developments in shadow tomography, which assumes access to multiple copies of a quantum state, have challenged that notion. Here, we investigate whether parameterized quantum models can train as efficiently as classical neural networks. We show that achieving backpropagation scaling is impossible without access to multiple copies of a state. With this added ability, we introduce an algorithm with foundations in shadow tomography that matches backpropagation scaling in quantum resources while reducing classical auxiliary computational costs to open problems in shadow tomography. These results highlight the nuance of reusing quantum information for practical purposes and clarify the unique difficulties in training large quantum models, which could alter the course of quantum machine learning.Comment: 29 pages, 2 figure

Increased Risk for Entamoeba histolytica Infection and Invasive Amebiasis in HIV Seropositive Men Who Have Sex with Men in Taiwan

Entamoeba histolytica, morphologically identical to but genetically different from E. dispar and E. moshkovskii, is the causative agent of amebiasis. Recently there have been reports of increased risk for amebiasis among men who have sex with men (MSM) due to oral-anal sexual contact in several developed countries. In this longitudinal follow-up study, the incidence of amebiasis was determined among HIV-infected patients using serological and specific amebic antigen assays. DNA extracted from stool samples containing E. histolytica were analyzed by PCR, sequenced, and compared. Clinical manifestations and treatment response of invasive amebiasis in HIV-infected patients were reviewed. The results demonstrated that HIV-infected MSM were at significantly higher risk of amebiasis than patients from other risk groups. Clustering of E. histolytica isolates by sequencing analyses from geographically unrelated patients suggested person-to-person transmission. Despite immunosuppression, amebic liver abscesses and colitis responded favorably to metronidazole therapy. It is important to investigate in areas of high incidence of both amebiasis and HIV (sub-Saharan Africa) how generalizable these findings are