Impact of COVID-19 on Expected Return and Risks in “China Concept” Stocks Using CAPM Model: A Case Study of Alibaba and Haidilao
Available Online 15 December 2021.
- 10.2991/assehr.k.211209.303How to use a DOI?
- COVID-19; Alibaba; Haidilao; CAPM; Index analysis
The COVID-19 has a great impact on the financial market, which has made the financial market more unpredictable. In order to measure the expected return and the risks of “China concept” stocks during this special period, Alibaba and Haidilao are selected as research objective in this case study. Based on CAPM model the expected return and standard deviation for the risks are measured, i.e., the effects of COVID-19 on Chinese stock market can be predicted. According to the results, a fall in the expected return was witnessed in the two firms due to the outbreak of COVID-19 with a rise in the risk of each firm. These results offer a guideline for investors to be aware of COVID-19 effects on “China Concept” stock.
- © 2021 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article under the CC BY-NC license.
Cite this article
TY - CONF AU - Li Chowing AU - Wang Yifei AU - Wu Yanxi PY - 2021 DA - 2021/12/15 TI - Impact of COVID-19 on Expected Return and Risks in “China Concept” Stocks Using CAPM Model: A Case Study of Alibaba and Haidilao BT - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021) PB - Atlantis Press SP - 1863 EP - 1869 SN - 2352-5428 UR - https://doi.org/10.2991/assehr.k.211209.303 DO - 10.2991/assehr.k.211209.303 ID - Chowing2021 ER -