Proceedings of the 2022 International Conference on Creative Industry and Knowledge Economy (CIKE 2022)

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Influences of COVID-19 on JD Stock Prices

Authors
Shengtao Lu1, *, Wangrui Gong2, Lang Xia3
1Shanghai Weiyu High School, Shanghai 200231, China
2Shanghai International Studies University, Shanghai 201600, China E-2.
3Greensboro Day School, Greensboro, NC, 27455, United States
*Corresponding Author. Email: geogeelu@163.com
Corresponding Author
Shengtao Lu
Available Online 18 April 2022.
DOI
10.2991/aebmr.k.220404.045How to use a DOI?
Keywords
E-commerce; Covid-19; Stock market
Abstract

COVID-19 affected every whit of people’s lives, influencing the worldwide economics on a large scale. It could also be observed that opportunities had been provided for industries like E-commerce. In the research, JD as the research object was analyzed by event study and linear regression to estimate the changes of its stock prices and to evaluate its performance during the period. From discoveries of this work, it can be concluded that the pandemic has an overall positive effect on JD stock prices. What is special in this study is: JD is listed in the US market while its major business is in China; it is required to take currency rate into account; For guaranteeing the independence of the events, it needs to compare statistics during the same period in the last few years.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 2022 International Conference on Creative Industry and Knowledge Economy (CIKE 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
18 April 2022
ISBN
978-94-6239-565-7
ISSN
2352-5428
DOI
10.2991/aebmr.k.220404.045How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

risenwbib
TY  - CONF
AU  - Shengtao Lu
AU  - Wangrui Gong
AU  - Lang Xia
PY  - 2022
DA  - 2022/04/18
TI  - Influences of COVID-19 on JD Stock Prices
BT  - Proceedings of the 2022 International Conference on Creative Industry and Knowledge Economy (CIKE 2022)
PB  - Atlantis Press
SP  - 241
EP  - 250
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220404.045
DO  - 10.2991/aebmr.k.220404.045
ID  - Lu2022
ER  -