H7N9 not only endanger human health but also hit stock marketing

Yan Jiang; Yi Zhang; Chunna Ma; Quanyi Wang; Chao Xu; Connor Donovan; Gholam Ali; Tan Xu; Wenjie Sun

doi:10.25196/adcp201711

H7N9 not only endanger human health but also hit stock marketing

Yan Jiang, Yi Zhang, Chunna Ma, Quanyi Wang, Chao Xu, Connor Donovan, Gholam Ali, Tan Xu, Wenjie Sun

Research output: Contribution to journal › Article › peer-review

Abstract

OBJECTIVE: This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.

METHODS: Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.

RESULTS: The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).

CONCLUSION: New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.

Original language	English
Pages (from-to)	1-7
Number of pages	7
Journal	Advances in disease control and prevention
Volume	2
Issue number	1
DOIs	https://doi.org/10.25196/adcp201711
State	Published - 30 May 2017
Externally published	Yes

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title = "H7N9 not only endanger human health but also hit stock marketing",

abstract = "OBJECTIVE: This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.METHODS: Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.RESULTS: The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).CONCLUSION: New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.",

author = "Yan Jiang and Yi Zhang and Chunna Ma and Quanyi Wang and Chao Xu and Connor Donovan and Gholam Ali and Tan Xu and Wenjie Sun",

year = "2017",

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day = "30",

doi = "10.25196/adcp201711",

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T1 - H7N9 not only endanger human health but also hit stock marketing

AU - Jiang, Yan

AU - Zhang, Yi

AU - Ma, Chunna

AU - Wang, Quanyi

AU - Xu, Chao

AU - Donovan, Connor

AU - Ali, Gholam

AU - Xu, Tan

AU - Sun, Wenjie

PY - 2017/5/30

Y1 - 2017/5/30

N2 - OBJECTIVE: This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.METHODS: Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.RESULTS: The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).CONCLUSION: New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.

AB - OBJECTIVE: This study aims to discuss the correlation between daily reported H7N9 cases and stock price indices in China.METHODS: Information on daily reported H7N9 cases and stock market sectors indices between February 19, 2013 and March 31, 2014 were collected. A distributed lag non-linear model was used to describe the variation trend for the stock indices.RESULTS: The daily reported number of H7N9 cases was associated with the closing price of the Avian Influenza Sector Index (P < 0.05) and the opening price of the Shanghai Composite Index (P = 0.029). The Avian Influenza Sector Index decreased with increasing of daily reported case number when daily reported cases ≤ 4. Case number was associated with the opening/closing price of the Chinese Traditional Medicine Sector Index, the Biological Product Sector Index, and the Biomedicine Sector Index (P < 0.05).CONCLUSION: New or reemerging infectious diseases epidemic cause economic loss which is reflected in movements in stock prices.

U2 - 10.25196/adcp201711

DO - 10.25196/adcp201711

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SN - 2519-9641

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SP - 1

EP - 7

JO - Advances in disease control and prevention

JF - Advances in disease control and prevention

IS - 1

ER -

H7N9 not only endanger human health but also hit stock marketing

Abstract

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