Jak COVID-19 wpływa na chińską giełdę?

Junaid Ashraf

junaidashraf2020@outlook.com
Jiangxi University of Finance and Economics, School of Statistics, Nanchang 330013, Jiangxi, China (Chiny)
https://orcid.org/0000-0002-8189-6755

Franck Edouard Gnahe


Jiangxi University of Finance and Economics, School of Finance, Nanchang 330013, Jiangxi, China (Chiny)
https://orcid.org/0000-0001-7927-1310

Fei-Ming Huang


Jiangxi University of Finance and Economics, School of Finance, Nanchang 330013, Jiangxi, China (Chiny)

Zeinab Rizk


Jiangxi University of Finance and Economics, School of Statistics, Nanchang 330013, Jiangxi, China; Damietta University, Arab of Republic of Egypt (Chiny)

Abstrakt

Niniejsza praca ma na celu zbadanie wpływu epidemii COVID-19 na chińską walutę i giełdę w okresie od 2 grudnia 2019 r. do 4 stycznia 2021 r. Podejście uogólnionej autoregresyjnej warunkowej homoscedastycznej obejmuje najpowszechniejszy stylizowany fakt dotyczący zwrotów z indeksu (taki jak wielowymiarowe przejąć giełdy w Szanghaju i Shenzhen). Nasze badanie pokazuje wybuchowy proces i premię za ryzyko dla indeksu giełdy w Shenzhen (SSE) i giełdy w Szanghaju (SZSE). Odchylenie standardowe deprecjacji chińskiej waluty podczas COVID-19 wyniosło 0,46%, co oznacza poprawę zwrotu z giełdy o 81% średniej stopy zwrotu. Wyniki te pokazują, że w badanym okresie na chińskim rynku akcji występuje duża zmienność zwrotów z indeksów. Na podstawie wyników analizy można stwierdzić, że liczba nowych zachorowań oraz liczba ostatnich zgonów ma znaczący wpływ na giełdę, powodując niepewność co do zrównoważoności.


Słowa kluczowe:

Kurs wymiany, zwrot akcji, COVID-19, zrównoważoność

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Opublikowane
2022-07-03

Cited By / Share

Ashraf, J., Gnahe, F. E., Huang, F.-M., & Rizk, Z. (2022). Jak COVID-19 wpływa na chińską giełdę?. Problemy Ekorozwoju Problems of Sustainable Development, 17(2), 59–68. https://doi.org/10.35784/pe.2022.2.07

Autorzy

Junaid Ashraf 
junaidashraf2020@outlook.com
Jiangxi University of Finance and Economics, School of Statistics, Nanchang 330013, Jiangxi, China Chiny
https://orcid.org/0000-0002-8189-6755

Autorzy

Franck Edouard Gnahe 

Jiangxi University of Finance and Economics, School of Finance, Nanchang 330013, Jiangxi, China Chiny
https://orcid.org/0000-0001-7927-1310

Autorzy

Fei-Ming Huang 

Jiangxi University of Finance and Economics, School of Finance, Nanchang 330013, Jiangxi, China Chiny

Autorzy

Zeinab Rizk 

Jiangxi University of Finance and Economics, School of Statistics, Nanchang 330013, Jiangxi, China; Damietta University, Arab of Republic of Egypt Chiny

Statystyki

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