Investor's Anticipation and Future Market Movement : Evidence of Self-Fulfilling Prophecy Effect from the the Chinese Stock Market

We analyzed data collected from retail investors in the Chinese stock market from a Fintech mobile platform to find evidence of the self-fulfilling prophecy effect. We found a statistically significant correlation between the predicted and actual Shanghai Stock Exchange Composite Index (SSECI) as well as non-random deviation patterns. We also analyzed participating investor behaviors and discussed the implications and future research

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Year of publication:	2020
Authors:	Wan, Yun
Other Persons:	Yang, Xiaoguang (contributor)
Publisher:	[2020]: [S.l.] : SSRN
Subject:	China \| Aktienmarkt \| Stock market \| Anlageverhalten \| Behavioural finance \| Börsenkurs \| Share price \| Ankündigungseffekt \| Announcement effect

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Extent:	1 Online-Ressource (13 p)
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.3507493 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012845649