Notice of RetractionThe analysis of the formation mechanism of the financial risk specificity arisen from operating fictitious capital in financial holding groups

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

The financial risk arisen from the changing of financial environment and fictitious capital operated by financial holding groups can extend outward through the risk chain, and the risk consequence which is transferred to other companies and stakeholders will endanger the stability of the entire financial system. This paper puts forward the basic ideas of deeply studying the characteristics and supervision of the stage development of financial risk on the basis of a brief analysis of the specificity and the endogeneity of the financial risk during the operation of fictitious capital in financial holding groups.