interdependence and systematic risk of nine Asian securitized real estate markets: Australia, China, Hong Kong, Japan, Malaysia … indicate that both the co-movement relationship and sector's systematic risk are time-varying and heterogeneous at different …, as scale increases. Moreover, the systematic risk (beta) coefficients of the real estate markets increase during the …

The relationship between energy and stock prices is investigated in the context of Asia, including China and Japan. Oil … individual stock markets and the energy portfolio, which in turn may limit the benefit of risk reduction through diversification …. However, this relation can also be used to hedge the common factor arising from energy risk. Doing so provides benefits to …