Research on Volatility and Efficiency of the Chinese Stock Market

Author: Shi Daimin
Publisher:
Publish Date: 2003-01-01
Features: The research objective of this book is primarily to conduct multi-angle analysis on the quantitative characteristics, quantitative relationships, and quantitative boundaries of stock market fluctuations, exploring the intrinsic transmission mechanisms of stock market fluctuations and the underlying causes of extreme market volatility. This aims to provide decision-making references and theoretical support for securities regulatory authorities in standardizing stock market management and formulating stock market development strategies. The research approach of this book is guided by the goal of enhancing stock market efficiency. It analyzes the statistical characteristics of stock market volatility, studies the intrinsic transmission mechanisms of market fluctuations, the risk structure of volatility, the influencing factors of volatility, and the impact of volatility on market efficiency. On this basis, it explores the reasons for the inefficiency of China's stock market and the pathways to improve market efficiency. Following this research approach, the book is structured into six chapters, each addressing relevant issues.