Article
Impact of COVID-19 policy on stock prices of listed property companies
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Abstract
This study uses the event study method to study and analyse the impact of the release of policy information related to the COVID-19 epidemic on the changes in the stock prices of listed companies of property service enterprises in China. The results show that the Hong Kong capital market has been greatly affected by the release of policy information related to the COVID-19 epidemic. Additionally, the study demonstrates that the policy effect of the introduction of policy information related to the COVID-19 epidemic exists in the short term, and that the effectiveness of policy information related to the COVID-19 epidemic will change over time.
Keywords
COVID-19, policy information, property service enterprises, stock price, event study
Citation
Wu, C., Xu, M., Du, P., Li, J., Zhu, Y., & Zhang, Y. (2021). Impact of COVID-19 policy on stock prices of listed property companies. Applied Mathematics and Nonlinear Sciences, 6(2), 251–264. https://doi.org/10.2478/amns.2021.2.00278
C. Wu, M. Xu, P. Du, J. Li, Y. Zhu and Y. Zhang, “Impact of COVID-19 policy on stock prices of listed property companies,” Applied Mathematics and Nonlinear Sciences, vol. 6, no. 2, pp. 251–264, 2021, doi: 10.2478/amns.2021.2.00278.
Wu C, Xu M, Du P, Li J, Zhu Y, Zhang Y. Impact of COVID-19 policy on stock prices of listed property companies. Applied Mathematics and Nonlinear Sciences. 2021;6(2):251–264. doi:10.2478/amns.2021.2.00278.
Wu, C., Xu, M., Du, P., Li, J., Zhu, Y. and Zhang, Y. (2021), ‘Impact of COVID-19 policy on stock prices of listed property companies’, Applied Mathematics and Nonlinear Sciences, 6(2), pp. 251–264. Available at: https://doi.org/10.2478/amns.2021.2.00278.
Wu, Chengliang, et al. “Impact of COVID-19 Policy on Stock Prices of Listed Property Companies.” Applied Mathematics and Nonlinear Sciences, vol. 6, no. 2, 2021, pp. 251–264. https://doi.org/10.2478/amns.2021.2.00278.
Wu, Chengliang, Menglin Xu, Peiying Du, Jiaqi Li, Yumeng Zhu, and Yang Zhang. “Impact of COVID-19 Policy on Stock Prices of Listed Property Companies.” Applied Mathematics and Nonlinear Sciences 6, no. 2 (2021): 251–264. https://doi.org/10.2478/amns.2021.2.00278.
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Published by: Engineering Journals
