Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023)

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Research on Current Situation of Pharmaceutical Industry in Chinese Stock Market Through Stock Price Information

Authors
Sining Zhu1, *
1Department of Commerce, Mcmaster University, Hamilton, ON, L8P 0C4, Canada
*Corresponding author. Email: zhus65@mcmaster.ca
Corresponding Author
Sining Zhu
Available Online 26 September 2023.
DOI
10.2991/978-94-6463-246-0_41How to use a DOI?
Keywords
Stock Price; Pharmaceutical Industry; Statistical Description; Liner Regression
Abstract

After nearly ten years of development, China's stock market has become mature. During the decade of rapid development of the Chinese stock market, the prices of stocks have been undergoing constant changes. The pharmaceutical industry, a large segment of the Chinese stock market, has seen its stocks go through numerous ups and downs during the decade, which may be caused by external or internal factors. Based on stock price information, this paper focuses on the analysis of the current situation of China's pharmaceutical industry stocks and the prediction of future development trends. Using basic statistical analysis and linear analysis as tools, it is concluded that after two relatively strong increases in the stock price of China's pharmaceutical industry in the past ten years, there will be a rapid upward trend between 2021 and 2022, and a substantial increase in the latter part of 2022. Major emergencies will have a relatively strong impact on China's pharmaceutical industry (including chemical and biophar maceuticals, medical machinery, specialty medical, and pharmacy chains).

Copyright
© 2024 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 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
26 September 2023
ISBN
978-94-6463-246-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-246-0_41How to use a DOI?
Copyright
© 2024 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  - Sining Zhu
PY  - 2023
DA  - 2023/09/26
TI  - Research on Current Situation of Pharmaceutical Industry in Chinese Stock Market Through Stock Price Information
BT  - Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023)
PB  - Atlantis Press
SP  - 336
EP  - 344
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-246-0_41
DO  - 10.2991/978-94-6463-246-0_41
ID  - Zhu2023
ER  -