Open Access
Issue
SHS Web Conf.
Volume 218, 2025
2025 2nd International Conference on Development of Digital Economy (ICDDE 2025)
Article Number 02005
Number of page(s) 6
Section Finance Tech Advances: Impacts and Innovations
DOI https://doi.org/10.1051/shsconf/202521802005
Published online 03 July 2025
  1. Sharpe, W.F. Capital asset prices: A theory of market equilibrium under conditions of risk. The Journal of Finance, 19(3), 425-442 (1964) [Google Scholar]
  2. Lintner, J. The valuation of risk assets and the selection of risky investments in stock portfolios and capital budgets. The Review of Economics and Statistics, 47(1), 13-37 (1965) [CrossRef] [Google Scholar]
  3. Mossin, J. Equilibrium in a capital asset market. Econometrica, 34(4), 768-783 (1966) [CrossRef] [Google Scholar]
  4. Wang, H., & Xu, Z. Empirical analysis of the Capital Asset Pricing Model in China’s A- share market. Journal of Financial Research, 28(3), 45-56 (2003) [Google Scholar]
  5. Li, J., & Zhang, Y. Testing the efficiency of China’s A-share market using CAPM. Journal of Financial Economics, 42(2), 123-135 (2008) [Google Scholar]
  6. Zhang, Y., & Liu, X. Empirical study on the applicability of CAPM in China’s A-share market. China Securities Journal, 17(5), 45-52 (2010) [Google Scholar]
  7. Fama, E.F., & French, K.R. The cross-section of expected stock returns. The Journal of Finance, 47(2), 427-465 (1992) [Google Scholar]
  8. Li, J., & Wang, Y. Empirical study of the Fama-French three-factor model in China’s A- share market. Journal of Financial Economics, 45(3), 234-248 (2012) [Google Scholar]
  9. Wang, H., & Li, J. Market anomalies and the Fama-French model in China’s A-share market. Journal of Financial Research, 30(4), 56-68 (2015) [Google Scholar]
  10. Chen, Y., & Wang, H. Comparing the explanatory power of CAPM and the Fama-French model in China’s A-share market. Journal of Financial Economics, 47(1), 89-102 (2014) [Google Scholar]

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.