Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)

Analysis of the Impact of COVID-19 on the Tourism Stock Market

Taking Caissa Touristic as an Example

Authors
Yumeng Chai
Corresponding Author
Yumeng Chai
Available Online 22 March 2021.
DOI
https://doi.org/10.2991/aebmr.k.210319.089How to use a DOI?
Keywords
Market model, Event study, COVID-19, Caissa touristic
Abstract

This paper carries out some analysis of the daily data of Caissa Tourism and SZSE (Shenzhen Stock Exchange) by Chinese stock market and accounting research database. Our benchmark model is a market model. Taking Caissa touristic as an example, this paper uses market model to analyze the specific reactions of the tourism stock market to COVID-19. Finally, the study finds that the COVID-19 has a significant negative effect on tourism markets. This paper presents the impact of the tourism stock market after COVID-19 as a contribution to the tourism stock market.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
22 March 2021
ISBN
978-94-6239-354-7
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.210319.089How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yumeng Chai
PY  - 2021
DA  - 2021/03/22
TI  - Analysis of the Impact of COVID-19 on the Tourism Stock Market
BT  - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)
PB  - Atlantis Press
SP  - 487
EP  - 492
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210319.089
DO  - https://doi.org/10.2991/aebmr.k.210319.089
ID  - Chai2021
ER  -