Establishment of Hong Kong stock evaluation index

Jianting Ye; Xiangjun Li; Yinshuang Wei; Junpeng Zhang

doi:10.2991/978-94-6463-459-4_55

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Establishment of Hong Kong stock evaluation index

-- From the perspective of the Mundellian Trilemma

Authors

Jianting Ye¹^{, *}, Xiangjun Li², Yinshuang Wei³, Junpeng Zhang⁴

¹Department of Electronic Commerce, South China University of Technology, Guangzhou, Guangdong, China

²Massey College, Nanjing University of Finance and Economics, Nanjing, Jiangsu, China

³Economics College, Nanjing University of Finance and Economics, Nanjing, Jiangsu, China

⁴School of Economics and Management, Xiamen University Malaysia, Sepang, Selangor, Malaysia

^*Corresponding author. Email: 202230091296@mail.scut.edu.cn

Corresponding Author

Jianting Ye

Available Online 23 July 2024.

DOI: 10.2991/978-94-6463-459-4_55 How to use a DOI?
Keywords: Stock evaluation index; Mundellian Trilemma; Amihud indicator; AHP-CRITIC-TOPSIS
Abstract: The purpose of this thesis is to analyze the future trend of the Hong Kong stock market and propose a corresponding forecast model. First, we collect and organize the Hong Kong stock market data for 2019-2024, including stock price, turnover, price-earnings ratio and other indicators. Then, we put forward the hypothesis: under the condition that the inflation rate remains unchanged, we introduce the theory of Mundellian Trilemma to discuss its application to the stock market, construct three dynamic indicators, namely, risk rate, return rate, and liquidity, and then according to the AHP method and the CRITIC method are assigned subjectively and objectively, respectively, and then the final assignment is determined based on 0.4×AHP+0.6×CRITIC. Finally, due to the existence of positive and negative indicators, we consider the established TOPSIS model to score Hong Kong stocks and obtain stock indices. The results of this study are of reference value to investors and market regulators, helping them to better understand and grasp the trend of the Hong Kong stock market.
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 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)
Series: Advances in Economics, Business and Management Research
Publication Date: 23 July 2024
ISBN: 978-94-6463-459-4
ISSN: 2352-5428
DOI: 10.2991/978-94-6463-459-4_55 How to use a DOI?
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

ris enw bib

TY  - CONF
AU  - Jianting Ye
AU  - Xiangjun Li
AU  - Yinshuang Wei
AU  - Junpeng Zhang
PY  - 2024
DA  - 2024/07/23
TI  - Establishment of Hong Kong stock evaluation index
BT  - Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)
PB  - Atlantis Press
SP  - 476
EP  - 488
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-459-4_55
DO  - 10.2991/978-94-6463-459-4_55
ID  - Ye2024
ER  -

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