The Impacts of COVID-19 on Stock Markets between China and the United States

DOI

10.2991/aebmr.k.220307.472How to use a DOI?

Keywords

COVID-19; Industry; Stock market; China; United States; Lockdowns

Abstract

The global eruption of coronavirus disease-2019 (COVID-19) public crisis has a significantly unprecedented and abnormal impact on global financial markets. This paper examines the responses of stock markets in China and the United States through the industry’s aspect. Additionally, the impacts of COVID-19 on the stock market of China and the U.S. are analyzed through industry’s perspective. Also, two countries and their stock market performance are compared horizontally, and the reasons for different performances are discussed. Generally speaking, findings indicate that China has a more stable stock market performance than the U.S. since China restrain the virus more successfully, suggesting governments should minimize the pandemic’s effect to stabilize the market.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Lina Peng
PY  - 2022
DA  - 2022/03/26
TI  - The Impacts of COVID-19 on Stock Markets between China and the United States
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 2900
EP  - 2905
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.472
DO  - 10.2991/aebmr.k.220307.472
ID  - Peng2022
ER  -