本文探究了财经媒体新闻文本情绪与股票市场之间的关联。我们综合Loughran and MacDonald(2011)词典、word2vec算法和人工筛选等方法构建了中文金融文本情感词典,然后用该词典提取了中国股票市场的媒体文本情绪。我们发现媒体文本情绪可以很好地衡量我国股票市场投资者情绪的变化,该指标在样本内和样本外都对股票回报具有显著的预测能力。这一指标的预测能力强于常用的宏观经济指标或历史均值预测。此外,文本情绪指标对一些宏观经济指标也有显著的预测能力。
Sunlight-driven photosynthesis by covalent organic frameworks (COFs) from water and air without using sacrificial reagents is a promising H2O2 fabrication approach, but is still restricted by the insufficient charge separation and sluggish 2e- water oxidation process. Herein, we provide a facile strategy to simultaneously improve charge separation and water oxidation in COFs via confining the charge transfer pathways from two diversion ones to a confluence one through regulating the site of nitrogen in bipyridine. Combining in-situ characterization with computational calculations, we reveal that compared to COF-BD1 containing two diversion charge transfer pathways, the charge transfer pathway in COF-BD2 is confined to a confluence one due to the electron-deficiency effect of nitrogen, which greatly accelerates the intermolecular and out-of-plane charge transfer. Via effectively reducing the energy barrier of rate-determining water oxidation reaction, the subsequent water oxidation process to produce key *OH intermediate in COF-BD2 is also greatly facilitated, boosting the yield of H2O2 (5211 μmol g-1 h-1) from water, oxygen, and light without sacrificial agents or additional energy consumption. We further demonstrate that H2O2 can be efficiently produced by COF-BD2 in broad pH range, in real water, and in enlarged reactor with using natural sunlight for water decontamination.