Business

Stock price reactions to reopening announcements after China abolished its zero-COVID policy

Z. Chang, A. W. F. Ng, et al.

This groundbreaking study, conducted by Zheng Chang, Alex Wei Fung NG, Siying Peng, and Dandi Shi, reveals the surprising links between easing COVID-19 restrictions and stock price movements in Chinese firms. While many relaxed measures showed minimal effects, a full reopening announcement sparked an immediate 1.4% jump in stock prices. Discover the insights that could shape future policy decisions.

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