Abstract

ABSTRACT This study uses a binary logistic regression analysis to measure the performance of Shanghai Composite Index. This paper reports that China's real estate development measured by China's Real Estate Climate Index (CRECI) data from January 2000 to March 2012 is negatively related to stock performance of Shanghai Composite Index. Like in other countries, the interest rate, the overall financing cost to customers and business firms, is negatively related to overall stock performance of Shanghai Composite Index. China’s Consumer Confidence Index (CCI) and China's Consumer Price Index (CPI) are positively related to overall stock performance of Shanghai Composite Index. Keywords Logistic Regression, Shanghai Composite Index, Real Estate, Consumer Confidence Index (CCI), Consumer Price Index (CPI), Interest Rate, Stock Market

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.