Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

COVID-19 and Volatility of China Concept Stocks

Authors
Yumeng Chen1, *
1Department of Business and Management, Beijing Normal University-Hong Kong Baptist University United International College, China
Corresponding Author
Yumeng Chen
Available Online 26 March 2022.
DOI
https://doi.org/10.2991/aebmr.k.220307.247How to use a DOI?
Keywords
China Concept Stock; COVID-19; Pandemic; Stock Price Volatility
Abstract

COVID-19 is now spreading all over the world, and the severity of the epidemic varies from region to region. In this case, people’s investor sentiment is unstable, and the price of the stock market fluctuates accordingly, including China Concept Stocks. This paper aims at exploring the correlation between the Chinese concept stock price index and the severity of the epidemic in China and the United States. Findings suggest that the situation in China has no dynamic correlation with the China concept stock price, while the US is more related to the China concept stock price during the pandemic period. In conclusion, the volatility and the severity of the US pandemic show more similar trends than that of China, and they are more correlated.

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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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
978-94-6239-554-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.220307.247How to use a DOI?
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.

Cite this article

TY  - CONF
AU  - Yumeng Chen
PY  - 2022
DA  - 2022/03/26
TI  - COVID-19 and Volatility of China Concept Stocks
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 1512
EP  - 1518
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.247
DO  - https://doi.org/10.2991/aebmr.k.220307.247
ID  - Chen2022
ER  -