Guang-hui Song

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Fractal Market Hypothesis (FMH) was originated in 1960s and formulated in 1990s. As one of the forward theories in mathematical finance, FMH has offered a new prospect and methodology for the nonlinear dynamical capital market. This paper tentatively analyzes the cross-development between EMH and FMH, as well as the application and tendency of FMH. We(More)
This paper defines the concept and characteristics of small and medium commercial banks based on the evolution history of bank, from the present financing difficulties of SMEs status of research and development strategies to small and medium commercial banks, put forward three development strategies: restructuring, expansion and localization, and each(More)
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