Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

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Compare Stock Returns in China and the United States

Authors
Botao Liu1, *, Ruoqi Pi2, Yixue Ye3, Yaqi Zhang4
1Specialist Program in Management and Finance, University of Toronto Scarborough, Toronto, ON, M1C 1A4, Canada
2Specialist Program in Accounting and Finance, Warwick Business School, University of Warwick, Coventry, CV4 7AL, UK
3Specialist Program in Energy Finance, Tianjin University of Finance and Economics, Tianjin, 300221, China
4Specialist Program in Economics, Hubei University of Economics, Wuhan, 430200, China
*Corresponding author. Email: cayden.liu@mail.utoronto.ca
Corresponding Author
Botao Liu
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-052-7_100How to use a DOI?
Keywords
Return on stock; Treasury bonds; Corporate bonds; Innovation Index
Abstract

In the post-epidemic era, how to protect their assets from the impact of the financial crisis and the turbulent international situation has become a matter of concern to many people. Especially between the world’s two largest economies, China and the United States, stock market yields are watched around the world. This paper compares the differences of stock returns between China and the United States by studying the relationship between short-term Treasury bonds, long-term Treasury bonds, long-term corporate bonds and innovation index and stock returns. it can be concluded that innovation and Rcb only have an impact on the American market. Among them, the regression analysis coefficient of Rcb is negative, while innovation is positive. This means that Rcb has a negative impact on the US market, while Innovation has a positive impact. In contrast, none of the data shows a significant impact on the Chinese market, whether positive or negative.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
978-94-6463-052-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-052-7_100How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Botao Liu
AU  - Ruoqi Pi
AU  - Yixue Ye
AU  - Yaqi Zhang
PY  - 2022
DA  - 2022/12/27
TI  - Compare Stock Returns in China and the United States
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 878
EP  - 892
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_100
DO  - 10.2991/978-94-6463-052-7_100
ID  - Liu2022
ER  -