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。
The successful adjustment of international students to the new environment depends on their ability to interact effectively with the external environment. However, the literature has not yet provided a clear understanding of how the support provided by host universities affects the academic achievement and cultural adaptation of international students, particularly in longitudinal studies involving students from different countries and regions in China. Based on Student-centered Learning Engagement framework, this study developed and tested a model composed of three variables—university support, academic achievement and cultural adaptation, and collected data from South Asian students at Chinese universities from 2017 to 2019 through questionnaires. The findings revealed that university support significantly affected cultural adaptation through academic achievement. The study suggests that Chinese universities should provide appropriate levels of support for international students to achieve positive academic outcomes, and to better understand and adapt to the universities, societies, and cultures.