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The impact of Brexit on the stock markets of the greater China region

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dc.contributor.author Morales, Lucía
dc.contributor.author Andreosso-O'Callaghan, Bernadette
dc.date.accessioned 2018-10-04T10:56:13Z
dc.date.available 2018-10-04T10:56:13Z
dc.date.issued 2018
dc.identifier.uri http://hdl.handle.net/10344/7196
dc.description peer-reviewed en_US
dc.description.abstract An examination of Brexit and its initial impact on the main stock markets in the Greater China Region (GCR) was conducted using augmented market models that integrate Economic Policy Uncertainty (EPU) and implied volatility (VIX). The results do not seem to align with research in the field that has suggested that the EPU index helps to identify if market participants are reacting to political events. The main research findings suggest that Brexit does not appear to have an impact on the performance of market returns in the region and the influence of economic policy uncertainty in the GCR appears to be insignificant, except for Hong Kong. Overall, China’s stock markets do not seem to be panicking and overreacting to unfolding events in the UK, and market instability in the region appears to be more associated with global and regional events that are better captured by the VIX index. en_US
dc.language.iso eng en_US
dc.publisher MDPI en_US
dc.relation.ispartofseries International Journal of Financial Studies;6 (51)
dc.relation.uri http://dx.doi.org/10.3390/ijfs6020051
dc.subject Brexit en_US
dc.subject rising China en_US
dc.subject globalisation en_US
dc.subject stock markets en_US
dc.subject economic Policy Uncertainty en_US
dc.subject political turbulences en_US
dc.title The impact of Brexit on the stock markets of the greater China region en_US
dc.type info:eu-repo/semantics/article en_US
dc.type.supercollection all_ul_research en_US
dc.type.supercollection ul_published_reviewed en_US
dc.identifier.doi 10.3390/ijfs6020051
dc.rights.accessrights info:eu-repo/semantics/openAccess en_US


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