E3S Web Conf.
Volume 275, 20212021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|Number of page(s)||5|
|Section||Energy Application and Ecological Resource Sustainability|
|Published online||21 June 2021|
Financial Technology: China’s Stock Markets vs U.S. Stock Markets
Cass Business School Accounting and Finance London, United Kingdom
This paper provides a detailed analysis of the difference between the Chinese stock market and the U.S. stock market under the development of financial technology. In conclusion, we find that the Chinese stock market is more dominated by retail investors, but the United States owns more stocks, mostly held by institutional investors, and has a better financial mindset. The behavior of investors in the Chinese stock market is mainly the excessive speculation of investors in the Chinese market. This is one of the reasons for the many fluctuations in the Chinese stock market. Due to the speculative nature of China’s stock market, the floating ratio reflects the management mechanism of China’s stock market and helps to observe the correlation with the U.S. stock market. And technology and digitalization affect the trading of the stock market. This research is correlational, and there is no causality implied.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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