1/12/2019 In the context of China, haze has become the mostly concerned environmental issue and the synonym of air pollution. Li and Peng, 2016, Zhang et al., 2017 and An et al. (2018) point out that haze has impact on China''s stock markets.
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Should investors focus on large-cap, mid-cap or small caps now? Since the earnings potential is bleak, there is no purpose in concentrating on large-cap stocks. However, investors can bet on small-cap stocks that continue to report good earnings growth.
2/8/2020 No news for in the past two years. Key Stock Data P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock…
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[iii] “There are still capitalists in China, but the state is under the leadership of the Communist Party”. Mao Zedong, On Diplomacy, Beijing 1998, p. 251. [iv] See, for example, Hsueh R., China’s Regulatory State.