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	param	t-stat
$ω$	0.8624	5.44
$α$	0.1293	0.56
$β$	0.8707	3.78
$γ_{1}$	0.0314	0.15

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Hua Hong Semiconductor Ltd Spline ILLIQ Liquidity Analysis

Liquidity Prediction for Monday, February 23rd, 2026:18.43 (6.29)

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Parameter Estimates

News Impact Curve

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