Unveiling the Potential of Sentiment: Can Large Language Models Predict Chinese Stock Price Movements?

The rapid advancement of Large Language Models (LLMs) has led to extensive discourse regarding their potential to boost the return of quantitative stock trading strategies. This discourse primarily revolves around harnessing the remarkable comprehension capabilities of LLMs to extract sentiment factors which facilitate informed and high-frequency investment portfolio adjustments. To ensure successful implementations of these LLMs into the analysis of Chinese financial texts and the subsequent trading strategy development within the Chinese stock market, we provide a rigorous and encompassing benchmark as well as a standardized back-testing framework aiming at objectively assessing the efficacy of various types of LLMs in the specialized domain of sentiment factor extraction from Chinese news text data. To illustrate how our benchmark works, we reference three distinctive models: 1) the generative LLM (ChatGPT), 2) the Chinese language-specific pre-trained LLM (Erlangshen-RoBERTa), and 3) the financial domain-specific fine-tuned LLM classifier(Chinese FinBERT). We apply them directly to the task of sentiment factor extraction from large volumes of Chinese news summary texts. We then proceed to building quantitative trading strategies and running back-tests under realistic trading scenarios based on the derived sentiment factors and evaluate their performances with our benchmark. By constructing such a comparative analysis, we invoke the question of what constitutes the most important element for improving a LLM's performance on extracting sentiment factors. And by ensuring that the LLMs are evaluated on the same benchmark, following the same standardized experimental procedures that are designed with sufficient expertise in quantitative trading, we make the first stride toward answering such a question.

PosterLayout: A New Benchmark and Approach for Content-aware Visual-Textual Presentation Layout

Content-aware visual-textual presentation layout aims at arranging spatial space on the given canvas for pre-defined elements, including text, logo, and underlay, which is a key to automatic template-free creative graphic design. In practical applications, e.g., poster designs, the canvas is originally non-empty, and both inter-element relationships as well as inter-layer relationships should be concerned when generating a proper layout. A few recent works deal with them simultaneously, but they still suffer from poor graphic performance, such as a lack of layout variety or spatial non-alignment. Since content-aware visual-textual presentation layout is a novel task, we first construct a new dataset named PosterLayout, which consists of 9,974 poster-layout pairs and 905 images, i.e., non-empty canvases. It is more challenging and useful for greater layout variety, domain diversity, and content diversity. Then, we propose design sequence formation (DSF) that reorganizes elements in layouts to imitate the design processes of human designers, and a novel CNN-LSTM-based conditional generative adversarial network (GAN) is presented to generate proper layouts. Specifically, the discriminator is design-sequence-aware and will supervise the "design" process of the generator. Experimental results verify the usefulness of the new benchmark and the effectiveness of the proposed approach, which achieves the best performance by generating suitable layouts for diverse canvases.

You Only Search Once: On Lightweight Differentiable Architecture Search for Resource-Constrained Embedded Platforms

Benefiting from the search efficiency, differentiable neural architecture search (NAS) has evolved as the most dominant alternative to automatically design competitive deep neural networks (DNNs). We note that DNNs must be executed under strictly hard performance constraints in real-world scenarios, for example, the runtime latency on autonomous vehicles. However, to obtain the architecture that meets the given performance constraint, previous hardware-aware differentiable NAS methods have to repeat a plethora of search runs to manually tune the hyper-parameters by trial and error, and thus the total design cost increases proportionally. To resolve this, we introduce a lightweight hardware-aware differentiable NAS framework dubbed LightNAS, striving to find the required architecture that satisfies various performance constraints through a one-time search (i.e., \underline{\textit{you only search once}}). Extensive experiments are conducted to show the superiority of LightNAS over previous state-of-the-art methods.

SymNMF-Net for The Symmetric NMF Problem

Recently, many works have demonstrated that Symmetric Non-negative Matrix Factorization~(SymNMF) enjoys a great superiority for various clustering tasks. Although the state-of-the-art algorithms for SymNMF perform well on synthetic data, they cannot consistently obtain satisfactory results with desirable properties and may fail on real-world tasks like clustering. Considering the flexibility and strong representation ability of the neural network, in this paper, we propose a neural network called SymNMF-Net for the Symmetric NMF problem to overcome the shortcomings of traditional optimization algorithms. Each block of SymNMF-Net is a differentiable architecture with an inversion layer, a linear layer and ReLU, which are inspired by a traditional update scheme for SymNMF. We show that the inference of each block corresponds to a single iteration of the optimization. Furthermore, we analyze the constraints of the inversion layer to ensure the output stability of the network to a certain extent. Empirical results on real-world datasets demonstrate the superiority of our SymNMF-Net and confirm the sufficiency of our theoretical analysis.

Bringing AI To Edge: From Deep Learning's Perspective

Edge computing and artificial intelligence (AI), especially deep learning for nowadays, are gradually intersecting to build a novel system, called edge intelligence. However, the development of edge intelligence systems encounters some challenges, and one of these challenges is the \textit{computational gap} between computation-intensive deep learning algorithms and less-capable edge systems. Due to the computational gap, many edge intelligence systems cannot meet the expected performance requirements. To bridge the gap, a plethora of deep learning techniques and optimization methods are proposed in the past years: light-weight deep learning models, network compression, and efficient neural architecture search. Although some reviews or surveys have partially covered this large body of literature, we lack a systematic and comprehensive review to discuss all aspects of these deep learning techniques which are critical for edge intelligence implementation. As various and diverse methods which are applicable to edge systems are proposed intensively, a holistic review would enable edge computing engineers and community to know the state-of-the-art deep learning techniques which are instrumental for edge intelligence and to facilitate the development of edge intelligence systems. This paper surveys the representative and latest deep learning techniques that are useful for edge intelligence systems, including hand-crafted models, model compression, hardware-aware neural architecture search and adaptive deep learning models. Finally, based on observations and simple experiments we conducted, we discuss some future directions.

Dynamic Anticipation and Completion for Multi-Hop Reasoning over Sparse Knowledge Graph

Multi-hop reasoning has been widely studied in recent years to seek an effective and interpretable method for knowledge graph (KG) completion. Most previous reasoning methods are designed for dense KGs with enough paths between entities, but cannot work well on those sparse KGs that only contain sparse paths for reasoning. On the one hand, sparse KGs contain less information, which makes it difficult for the model to choose correct paths. On the other hand, the lack of evidential paths to target entities also makes the reasoning process difficult. To solve these problems, we propose a multi-hop reasoning model named DacKGR over sparse KGs, by applying novel dynamic anticipation and completion strategies: (1) The anticipation strategy utilizes the latent prediction of embedding-based models to make our model perform more potential path search over sparse KGs. (2) Based on the anticipation information, the completion strategy dynamically adds edges as additional actions during the path search, which further alleviates the sparseness problem of KGs. The experimental results on five datasets sampled from Freebase, NELL and Wikidata show that our method outperforms state-of-the-art baselines. Our codes and datasets can be obtained from https://github.com/THU-KEG/DacKGR

Maximum-and-Concatenation Networks

While successful in many fields, deep neural networks (DNNs) still suffer from some open problems such as bad local minima and unsatisfactory generalization performance. In this work, we propose a novel architecture called Maximum-and-Concatenation Networks (MCN) to try eliminating bad local minima and improving generalization ability as well. Remarkably, we prove that MCN has a very nice property; that is, \emph{every local minimum of an $(l+1)$-layer MCN can be better than, at least as good as, the global minima of the network consisting of its first $l$ layers}. In other words, by increasing the network depth, MCN can autonomously improve its local minima's goodness, what is more, \emph{it is easy to plug MCN into an existing deep model to make it also have this property}. Finally, under mild conditions, we show that MCN can approximate certain continuous functions arbitrarily well with \emph{high efficiency}; that is, the covering number of MCN is much smaller than most existing DNNs such as deep ReLU. Based on this, we further provide a tight generalization bound to guarantee the inference ability of MCN when dealing with testing samples.

Tensor Q-Rank: A New Data Dependent Tensor Rank

Recently, the \textit{Tensor Nuclear Norm~(TNN)} regularization based on t-SVD has been widely used in various low tubal-rank tensor recovery tasks. However, these models usually require smooth change of data along the third dimension to ensure their low rank structures. In this paper, we propose a new definition of tensor rank named \textit{tensor Q-rank} by a column orthonormal matrix $\mathbf{Q}$, and further make $\mathbf{Q}$ data-dependent. We introduce an explainable selection method of $\mathbf{Q}$, under which the data tensor may have a more significant low tensor Q-rank structure than that of low tubal-rank structure. We also provide a corresponding envelope of our rank function and apply it to the low rank tensor completion problem. Then we give an effective algorithm and briefly analyze why our method works better than TNN based methods in the case of complex data with low sampling rate. Finally, experimental results on real-world datasets demonstrate the superiority of our proposed model in the tensor completion problem.