Proceedings of the 2nd International Conference on Education, Management and Social Science

The Influence of Foreign Stock Markets on Chinese Stock Markets during the period of Subprime Crisis in 2008

Authors
Yuanyuan Ma, Lingxuan Li
Corresponding Author
Yuanyuan Ma
Available Online August 2014.
DOI
https://doi.org/10.2991/icemss-14.2014.48How to use a DOI?
Keywords
subprime crisis, stock price index, granger causality test, VAR (Vector Auto-regression Mode)
Abstract
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.
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This is an open access article distributed under the CC BY-NC license.

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Proceedings
2nd International Conference on Education, Management and Social Science (ICEMSS 2014)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
August 2014
ISBN
978-94-62520-30-1
ISSN
2352-5398
DOI
https://doi.org/10.2991/icemss-14.2014.48How to use a DOI?
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  -