The Influence of Foreign Stock Markets on Chinese Stock Markets during the period of Subprime Crisis in 2008
- Yuanyuan Ma, Lingxuan Li
- Corresponding Author
- Yuanyuan Ma
Available Online August 2014.
- https://doi.org/10.2991/icemss-14.2014.48How to use a DOI?
- subprime crisis, stock price index, granger causality test, VAR (Vector Auto-regression Mode)
- In this paper, several major composite indices from Chinese stock markets and some developed countries are researched. The developed countries belong to the countries who had been highly influenced by the subprime crisis in 2008, including Australia, German, French, Japan, United states of American, United kingdom. Our research shows the Chinese stock markets in mainland have been highly influenced by the stock markets in American, Australia, Japan and Hong Kong. We find that the four countries and region are just the countries who have closed trade relations with China mainland. It also denotes the trade relationship is a major way of financial crisis spreading.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yuanyuan Ma AU - Lingxuan Li PY - 2014/08 DA - 2014/08 TI - The Influence of Foreign Stock Markets on Chinese Stock Markets during the period of Subprime Crisis in 2008 BT - 2nd International Conference on Education, Management and Social Science (ICEMSS 2014) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/icemss-14.2014.48 DO - https://doi.org/10.2991/icemss-14.2014.48 ID - Ma2014/08 ER -