DocumentCode
2128916
Title
Notice of Retraction
An Analysis of Chinese Stock Market Indices
Author
Da Huo
Author_Institution
Ph. D in Int. Bus. Adm. Program, Texas A&M Int. Univ., Laredo, TX, USA
fYear
2009
fDate
20-22 Sept. 2009
Firstpage
1
Lastpage
4
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The stock market in China was founded almost 20 years ago. In this paper, we aim to analyze Chinese stock market price indices and determine if and how they are affected by the exchange rate of RMB to U.S. dollar. A comparison study was conducted on five major stock market indices in China and U.S.A, namely, Shanghai Composite Index, Shenzhen Composite Index, NASDAQ Composite Index, Dow Jones Industry Average and S&P 500. From the results obtained, we conclude that the Chinese stock market price indices are negatively related to the RMB exchange rate to U.S. dollar. This research may be helpful to financial managers in the future construction of the stock portfolios.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
The stock market in China was founded almost 20 years ago. In this paper, we aim to analyze Chinese stock market price indices and determine if and how they are affected by the exchange rate of RMB to U.S. dollar. A comparison study was conducted on five major stock market indices in China and U.S.A, namely, Shanghai Composite Index, Shenzhen Composite Index, NASDAQ Composite Index, Dow Jones Industry Average and S&P 500. From the results obtained, we conclude that the Chinese stock market price indices are negatively related to the RMB exchange rate to U.S. dollar. This research may be helpful to financial managers in the future construction of the stock portfolios.
Keywords
stock markets; Chinese stock market price; Construction industry; Contracts; Exchange rates; Financial management; Local government; Marketing and sales; Portfolios; Privatization; Protection; Stock markets;
fLanguage
English
Publisher
ieee
Conference_Titel
Management and Service Science, 2009. MASS '09. International Conference on
Conference_Location
Wuhan
Print_ISBN
978-1-4244-4638-4
Type
conf
DOI
10.1109/ICMSS.2009.5303114
Filename
5303114
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