Research on Current Situation of Pharmaceutical Industry in Chinese Stock Market Through Stock Price Information

Sining Zhu ()
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Sining Zhu: Mcmaster University, Department of Commerce

A chapter in Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023), 2024, pp 336-344 from Springer

Abstract: Abstract After nearly ten years of development, China's stock market has become mature. During the decade of rapid development of the Chinese stock market, the prices of stocks have been undergoing constant changes. The pharmaceutical industry, a large segment of the Chinese stock market, has seen its stocks go through numerous ups and downs during the decade, which may be caused by external or internal factors. Based on stock price information, this paper focuses on the analysis of the current situation of China's pharmaceutical industry stocks and the prediction of future development trends. Using basic statistical analysis and linear analysis as tools, it is concluded that after two relatively strong increases in the stock price of China's pharmaceutical industry in the past ten years, there will be a rapid upward trend between 2021 and 2022, and a substantial increase in the latter part of 2022. Major emergencies will have a relatively strong impact on China's pharmaceutical industry (including chemical and biophar maceuticals, medical machinery, specialty medical, and pharmacy chains).

Keywords: Stock Price; Pharmaceutical Industry; Statistical Description; Liner Regression (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-246-0_41

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DOI: 10.2991/978-94-6463-246-0_41

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