| Issue |
SHS Web Conf.
Volume 218, 2025
2025 2nd International Conference on Development of Digital Economy (ICDDE 2025)
|
|
|---|---|---|
| Article Number | 04005 | |
| Number of page(s) | 8 | |
| Section | Digital Economy Policy: From Governance to Inclusion | |
| DOI | https://doi.org/10.1051/shsconf/202521804005 | |
| Published online | 03 July 2025 | |
Research the Impact on Stock Index and Stock Index Future under the Trade Policies Adjustment -- Based on China and the US
Hefei University of Technology, School of Economics, 230601 Hefei, China
* Corresponding author: 2022212718@mail.hfut.edu.cn
In reset years, many international uncertainties emerge, especially in trade policies. The US announced a higher tariff on imported commodities manufactured in China, Mexico, and Canada on 1 February 2025. The higher trade barrier gives a hint to explore how the uncertain trade policies affect the spot and future market under the case that most countries’ economies are connected tightly in the global market. This research estimates the impact of trade policy uncertainty on the stock index and stock index future. Fitting the VECM model during the influence persisting in the spot and future market and the whole period the research is conducted to test the return spillover effect between the CSI 300 index and the CSI 300 index future. After examining the return of spot and future, there is a spillover effect in the spot and future market, meanwhile, the price discovery of the future still works under the dynamic changes.
© The Authors, published by EDP Sciences, 2025
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.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.