VaR method revolutionizes financial risk management in booming Chinese market!
The article discusses how the Value at Risk (VaR) method is used in managing financial risk in China's growing financial market. The researchers found that financial risk is a combination of interest, stock price, and exchange rate risks. By applying the VaR method, they were able to analyze and address issues in risk measurement and financial supervision, leading to the development of effective strategies for managing financial risk in China.