An empirical study of the self-fulfilling prophecy effect in 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 we...

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Bibliographic Details
Main Authors: Wan, Y. (Author), Yang, X. (Author)
Format: Article
Language:English
Published: KeAi Communications Co. 2019
Subjects:
Online Access:View Fulltext in Publisher
LEADER 01133nam a2200193Ia 4500
001 10.1016-j.jfds.2019.04.001
008 220511s2019 CNT 000 0 und d
020 |a 24059188 (ISSN) 
245 1 0 |a An empirical study of the self-fulfilling prophecy effect in Chinese stock market 
260 0 |b KeAi Communications Co.  |c 2019 
856 |z View Fulltext in Publisher  |u https://doi.org/10.1016/j.jfds.2019.04.001 
520 3 |a 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. © 2019 China Science Publishing & Media Ltd. 
650 0 4 |a Fintech 
650 0 4 |a Prediction 
650 0 4 |a Self-fulfilling prophecy effect 
650 0 4 |a Stock market index 
700 1 |a Wan, Y.  |e author 
700 1 |a Yang, X.  |e author 
773 |t Journal of Finance and Data Science