{"id":"https://openalex.org/W4210421548","doi":"https://doi.org/10.1155/2022/6917527","title":"Chinese Stock Market\u2019s Reaction to COVID\u201019 in the Short and Long Run","display_name":"Chinese Stock Market\u2019s Reaction to COVID\u201019 in the Short and Long Run","publication_year":2022,"publication_date":"2022-01-01","ids":{"openalex":"https://openalex.org/W4210421548","doi":"https://doi.org/10.1155/2022/6917527"},"language":"en","primary_location":{"id":"doi:10.1155/2022/6917527","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2022/6917527","pdf_url":"https://downloads.hindawi.com/journals/complexity/2022/6917527.pdf","source":{"id":"https://openalex.org/S207319443","display_name":"Complexity","issn_l":"1076-2787","issn":["1076-2787","1099-0526"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Complexity","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://downloads.hindawi.com/journals/complexity/2022/6917527.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5011767008","display_name":"Hongxia Wang","orcid":"https://orcid.org/0000-0001-5892-6365"},"institutions":[{"id":"https://openalex.org/I167027274","display_name":"Nanjing Forestry University","ror":"https://ror.org/03m96p165","country_code":"CN","type":"education","lineage":["https://openalex.org/I167027274"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Hongxia Wang","raw_affiliation_strings":["College of Economics and Management, Nanjing Forestry University, Nanjing, China"],"affiliations":[{"raw_affiliation_string":"College of Economics and Management, Nanjing Forestry University, Nanjing, China","institution_ids":["https://openalex.org/I167027274"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5042638306","display_name":"Zongzheng Yu","orcid":null},"institutions":[{"id":"https://openalex.org/I183935753","display_name":"King's College London","ror":"https://ror.org/0220mzb33","country_code":"GB","type":"education","lineage":["https://openalex.org/I124357947","https://openalex.org/I183935753"]},{"id":"https://openalex.org/I4210119896","display_name":"King's College School","ror":"https://ror.org/02bbqcn27","country_code":"GB","type":"education","lineage":["https://openalex.org/I4210119896"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Zongzheng Yu","raw_affiliation_strings":["King's Business School, King's College London, UK"],"affiliations":[{"raw_affiliation_string":"King's Business School, King's College London, UK","institution_ids":["https://openalex.org/I4210119896","https://openalex.org/I183935753"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5011767008"],"corresponding_institution_ids":["https://openalex.org/I167027274"],"apc_list":{"value":2300,"currency":"USD","value_usd":2300},"apc_paid":{"value":2300,"currency":"USD","value_usd":2300},"fwci":0.8238,"has_fulltext":true,"cited_by_count":4,"citation_normalized_percentile":{"value":0.80171795,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"2022","issue":"1","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11711","display_name":"COVID-19 Pandemic Impacts","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11711","display_name":"COVID-19 Pandemic Impacts","score":0.9998999834060669,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9872000217437744,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9840999841690063,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/coronavirus-disease-2019","display_name":"Coronavirus disease 2019 (COVID-19)","score":0.7264547348022461},{"id":"https://openalex.org/keywords/stock-market","display_name":"Stock market","score":0.6082693934440613},{"id":"https://openalex.org/keywords/abnormal-return","display_name":"Abnormal return","score":0.5181354284286499},{"id":"https://openalex.org/keywords/turnover","display_name":"Turnover","score":0.5033912062644958},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.4975443184375763},{"id":"https://openalex.org/keywords/event-study","display_name":"Event study","score":0.4750623404979706},{"id":"https://openalex.org/keywords/stock","display_name":"Stock (firearms)","score":0.4615483582019806},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4577648937702179},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4485281705856323},{"id":"https://openalex.org/keywords/2019-20-coronavirus-outbreak","display_name":"2019-20 coronavirus outbreak","score":0.4435013234615326},{"id":"https://openalex.org/keywords/rate-of-return","display_name":"Rate of return","score":0.42996734380722046},{"id":"https://openalex.org/keywords/severe-acute-respiratory-syndrome-coronavirus-2","display_name":"Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2)","score":0.4270903170108795},{"id":"https://openalex.org/keywords/outbreak","display_name":"Outbreak","score":0.25074201822280884},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.21246972680091858},{"id":"https://openalex.org/keywords/stock-exchange","display_name":"Stock exchange","score":0.1956535279750824},{"id":"https://openalex.org/keywords/internal-medicine","display_name":"Internal medicine","score":0.16656947135925293},{"id":"https://openalex.org/keywords/medicine","display_name":"Medicine","score":0.08736658096313477}],"concepts":[{"id":"https://openalex.org/C3008058167","wikidata":"https://www.wikidata.org/wiki/Q84263196","display_name":"Coronavirus disease 2019 (COVID-19)","level":4,"score":0.7264547348022461},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.6082693934440613},{"id":"https://openalex.org/C2777601474","wikidata":"https://www.wikidata.org/wiki/Q4668178","display_name":"Abnormal return","level":3,"score":0.5181354284286499},{"id":"https://openalex.org/C26077564","wikidata":"https://www.wikidata.org/wiki/Q1910318","display_name":"Turnover","level":2,"score":0.5033912062644958},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4975443184375763},{"id":"https://openalex.org/C12958728","wikidata":"https://www.wikidata.org/wiki/Q1002530","display_name":"Event study","level":3,"score":0.4750623404979706},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.4615483582019806},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4577648937702179},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4485281705856323},{"id":"https://openalex.org/C3006700255","wikidata":"https://www.wikidata.org/wiki/Q81068910","display_name":"2019-20 coronavirus outbreak","level":3,"score":0.4435013234615326},{"id":"https://openalex.org/C86637286","wikidata":"https://www.wikidata.org/wiki/Q7317264","display_name":"Rate of return","level":2,"score":0.42996734380722046},{"id":"https://openalex.org/C3007834351","wikidata":"https://www.wikidata.org/wiki/Q82069695","display_name":"Severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2)","level":5,"score":0.4270903170108795},{"id":"https://openalex.org/C116675565","wikidata":"https://www.wikidata.org/wiki/Q3241045","display_name":"Outbreak","level":2,"score":0.25074201822280884},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.21246972680091858},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.1956535279750824},{"id":"https://openalex.org/C126322002","wikidata":"https://www.wikidata.org/wiki/Q11180","display_name":"Internal medicine","level":1,"score":0.16656947135925293},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.08736658096313477},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C2779134260","wikidata":"https://www.wikidata.org/wiki/Q12136","display_name":"Disease","level":2,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C159047783","wikidata":"https://www.wikidata.org/wiki/Q7215","display_name":"Virology","level":1,"score":0.0},{"id":"https://openalex.org/C524204448","wikidata":"https://www.wikidata.org/wiki/Q788926","display_name":"Infectious disease (medical specialty)","level":3,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1155/2022/6917527","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2022/6917527","pdf_url":"https://downloads.hindawi.com/journals/complexity/2022/6917527.pdf","source":{"id":"https://openalex.org/S207319443","display_name":"Complexity","issn_l":"1076-2787","issn":["1076-2787","1099-0526"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Complexity","raw_type":"journal-article"},{"id":"pmh:oai:doaj.org/article:405016c25d964848beeff6e07dc480fe","is_oa":true,"landing_page_url":"https://doaj.org/article/405016c25d964848beeff6e07dc480fe","pdf_url":null,"source":{"id":"https://openalex.org/S112646816","display_name":"SHILAP Revista de lepidopterolog\u00eda","issn_l":"0300-5267","issn":["0300-5267","2340-4078"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Complexity, Vol 2022 (2022)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1155/2022/6917527","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2022/6917527","pdf_url":"https://downloads.hindawi.com/journals/complexity/2022/6917527.pdf","source":{"id":"https://openalex.org/S207319443","display_name":"Complexity","issn_l":"1076-2787","issn":["1076-2787","1099-0526"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Complexity","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.4300000071525574,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"}],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4210421548.pdf","grobid_xml":"https://content.openalex.org/works/W4210421548.grobid-xml"},"referenced_works_count":26,"referenced_works":["https://openalex.org/W2090062995","https://openalex.org/W2101346776","https://openalex.org/W2128778916","https://openalex.org/W2328664579","https://openalex.org/W2551311412","https://openalex.org/W2900273046","https://openalex.org/W3024699052","https://openalex.org/W3025870819","https://openalex.org/W3026661449","https://openalex.org/W3035675233","https://openalex.org/W3039571254","https://openalex.org/W3041589290","https://openalex.org/W3042025759","https://openalex.org/W3081612375","https://openalex.org/W3088767018","https://openalex.org/W3113308796","https://openalex.org/W3123937240","https://openalex.org/W3125902854","https://openalex.org/W3127125247","https://openalex.org/W3130775378","https://openalex.org/W3153624456","https://openalex.org/W3160907414","https://openalex.org/W3162277007","https://openalex.org/W3180094323","https://openalex.org/W3180743651","https://openalex.org/W4237239309"],"related_works":["https://openalex.org/W4206669628","https://openalex.org/W3036314732","https://openalex.org/W4205317059","https://openalex.org/W3009669391","https://openalex.org/W3127156785","https://openalex.org/W4200329650","https://openalex.org/W4382894326","https://openalex.org/W3198183218","https://openalex.org/W3176864053","https://openalex.org/W3082491474"],"abstract_inverted_index":{"We":[0,18,38,121],"study":[1,22],"the":[2,20,32,41,51,64,71,135],"impact":[3],"of":[4,31,44,53,74],"COVID\u201019":[5,54,107],"on":[6,111],"Chinese":[7],"stock":[8,45],"market":[9,46],"which":[10,101],"can":[11],"be":[12],"seen":[13],"as":[14,142],"a":[15,104],"complex":[16],"system.":[17],"use":[19],"event":[21],"method":[23],"to":[24,69],"evaluate":[25],"its":[26],"performance":[27],"change":[28],"in":[29],"terms":[30],"return":[33,43],"rate,":[34,36],"turnover":[35,132,151],"etc.":[37],"show":[39,78],"that":[40,79,124],"abnormal":[42,80,99,131,150],"was":[47],"significantly":[48,88,97],"negative":[49,98,130],"after":[50],"outbreak":[52],"and":[55,77,84,92,118,126,144],"did":[56],"not":[57],"turn":[58],"positive":[59,149],"until":[60],"May":[61],"2020.":[62],"Moreover,":[63],"five\u2010factor":[65],"model":[66],"is":[67],"used":[68],"estimate":[70],"ordinary":[72],"returns":[73,81,100],"different":[75],"industries":[76,86,95,128],"for":[82,103],"medical":[83],"food":[85],"were":[87],"positive,":[89],"while":[90,138],"energy":[91,125],"public":[93],"utility":[94],"had":[96,108,129,148],"persisted":[102],"long":[105],"time.":[106],"lag":[109],"effects":[110],"clothes":[112],"industry,":[113,115,117],"finance":[114,127],"transportation":[116],"IT":[119],"industry.":[120],"also":[122],"find":[123],"rates":[133],"during":[134],"sample":[136],"period,":[137],"other":[139],"industries,":[140,147],"such":[141],"healthcare":[143],"telecommunications":[145],"service":[146],"rates.":[152]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":1}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}