Group 1 - The 2025 Third Asian Accounting Scholars Forum successfully concluded at the Chinese University of Hong Kong (Shenzhen), attracting top accounting scholars from various prestigious universities [2] - The forum focused on hot topics in the accounting field, facilitating in-depth academic dialogue and sharing of cutting-edge research [2] Group 2 - Professor Zhang Tianyu, head of the accounting field at CUHK (Shenzhen), welcomed guests and highlighted the achievements of the accounting discipline at the school, emphasizing the importance of collaboration for future academic forums [5] - The forum featured discussions on various research papers, including the impact of salary history bans on corporate innovation and the role of government support in yield spreads for Chinese state-owned enterprises [8][12] Group 3 - Research by Professor Yuan Tao from Nanjing University indicated that salary history bans negatively affect corporate innovation by weakening incentives for male inventors and increasing labor market frictions [8] - A study by Professor Lü Yuanzhen from Peking University found that state-owned enterprises (SOEs) have lower yield spreads compared to non-state-owned enterprises (NSOEs), influenced by government support, with local government financing vehicles (LGFVs) showing even lower spreads in the short term [12] Group 4 - Professor Zhou Xiaolu from CUHK discussed the effects of AI democratization on trading inequality, revealing that the introduction of AI tools like ChatGPT has narrowed the information processing gap between retail investors and short sellers [16] - Research by Professor Lin Wenwei from CUHK indicated that informed investors hedge their stock positions before Federal Open Market Committee (FOMC) meetings, creating observable price pressure that can predict future market returns [20] Group 5 - Professor Zhang Xinyi from Sun Yat-sen University explored how representational bias drives speculative trading in financial markets, leading to price distortions based on investors' misconceptions about stock issuance sources [22] - A study by Professor Si Yi from Xi'an Jiaotong University revealed that managers often disclose positive hiring information before insider selling, aiming to sell securities at higher prices, although similar behavior was not found before insider buying [26]