A5085170489- Fiscal Policies and Political Economy
- Monetary Policy and Economic Impact
- Market Dynamics and Volatility
- Financial Markets and Investment Strategies
- Business and Economic Development
- Credit Risk and Financial Regulations
Shenzhen University
2023
<p>The outbreak of the COVID-19 epidemic has caused major changes in China’s economic environment. This paper takes new crown early 2020 as a node, and annual reports A-share listed companies from 2018 to 2021 sample, uses price model income empirically test impact on after accounting information property rights. The moderating effect structure both. research results show that enhanced correlation surplus value, normalization stage epidemic, value will return original state, while...
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This study uses a sample of 72 passively managed equity exchange-traded funds (ETFs) from the Chinese A-share market to examine size and time-varying characteristics their tracking errors, identify determinants, gain insight into persistent positive excess returns China’s ETFs. We find that ETFs’ net asset value (NAV) traces its indices precisely on daily basis, yet NAV index return differences are for most trading days. There larger deviations in ETF closing prices than those indices,...