Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 47 , 01 December 2023
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The Impact of the Lifting of Pandemic Control on the Shanghai and Shenzhen Stock Indexes
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Abstract
Many previous studies have analyzed the pandemic effect to the different fields of economic. This essay analyzes the effect of lifting of global pandemic control to SZSE and SSEC stock market by mainly using ARIMA model and Stata. The essay finds that the lifting the global pandemic has indeed affect both SZSE and SSEC market by accelerating the return rate trend of stocks. The wired point is the sharp decreasing trend initially after the lifting of control. This phenomenon has related to financial theory to find out the reasons. The first reason is because the news is within the market expectation and thus did not stimulate stock price. The second reason is because the overall worse economic situation and market expectation outweigh the effect of this good news effect. The last reason is because many people got sick after the lifting of pandemic control and thus affect economic activity. Finding these reasons, the policymaker can have better way to stimulate the stock market in the next time. Policymaker can be also aware of the significance of building a more efficient market. Investors can have more understanding toward SZSE and SSEC market and be cautious to good news in the next time. Better strategy can be adopted to catch stock return in the similar strategy.
Keywords
SZSE, SSEC, pandemic, control, effect
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-141-4
- ISBN (Online)
- 978-1-83558-142-1
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/47/20230375
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited