The Impact of Regulatory Announcements and Changes on the Chinese Stock Market

Student: Agapov Daniil

Educational Programme: Economics (Bachelor)

Year of Graduation: 2022

The decline in China's major stock indices in 2021 was due to ongoing regulatory pressure from the PRC government that has affected various sectors. Meanwhile, foreign investors' interest in mainland China's stock market grows significantly in 2022 as the government goes against the global monetary trend and eases its monetary policy. Therefore, due to the country specifics and dynamically changing regulation, it is difficult for investors to make correct decisions and to predict market movements. The goal of this study is to examine the impact of regulatory changes on the Chinese stock market using the methodology of event study. The study showed a significant impact of regulatory changes on the dynamics of the Chinese stock market. The results obtained will help to make investment decisions properly in the dynamically changing regulatory environment in Mainland China.

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