Impact of COVID-19 on Expected Return and Risks in “China Concept” Stocks Using CAPM Model: A Case Study of Alibaba and Haidilao

DOI

10.2991/assehr.k.211209.303How to use a DOI?

Keywords

COVID-19; Alibaba; Haidilao; CAPM; Index analysis

Abstract

The COVID-19 has a great impact on the financial market, which has made the financial market more unpredictable. In order to measure the expected return and the risks of “China concept” stocks during this special period, Alibaba and Haidilao are selected as research objective in this case study. Based on CAPM model the expected return and standard deviation for the risks are measured, i.e., the effects of COVID-19 on Chinese stock market can be predicted. According to the results, a fall in the expected return was witnessed in the two firms due to the outbreak of COVID-19 with a rise in the risk of each firm. These results offer a guideline for investors to be aware of COVID-19 effects on “China Concept” stock.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Li Chowing
AU  - Wang Yifei
AU  - Wu Yanxi
PY  - 2021
DA  - 2021/12/15
TI  - Impact of COVID-19 on Expected Return and Risks in “China Concept” Stocks Using CAPM Model: A Case Study of Alibaba and Haidilao
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1863
EP  - 1869
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.303
DO  - 10.2991/assehr.k.211209.303
ID  - Chowing2021
ER  -