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Sponsored Artificial Intelligence: A Modern Approach, Global Edition Artificial Intelligence: A Modern Approach, Global Edition

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Zhi-Hui Wang

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Open access Sep 2026

Institutional Changes in Capital Markets and the Efficiency of Resource Allocation Amid the Reshaping of the Global Financial Landscape: A Comparative Analysis of the Chinese and US Markets

The restructuring of the global financial landscape has increased the importance of capital-market institutions in determining how efficiently financial resources are priced, mobilised, and allocated. This study examines the mechanisms through which institutional change affects resource-allocation efficiency, drawing o...

Yi-Dan Han, Ying Zhou, Zhi-Hui Wang · 0 citations

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