Vol. 1 No. 1 (2018)

  • Open Access

    Original Research Articles

    Article ID: 135

    An Analysis of China's Money Supply and Its Changes in 2008-2010

    by Zhaoxin Wang

    Insight - Statistics, Vol.1, No.1, 2019; 1107 Views, 7 PDF Downloads

    DOI: https://doi.org/10.18282/i-s.v1i1.135

    China divides the money supply into three levels: cash in circulation M0, cash that fl ows outside the banking system; the second is the narrow money supply M1, that is, M0 plus the deposit of enterprises and institutions; Money supply M2, that is, M1 plus enterprises and institutions of time deposits, household savings deposits and other deposits. In September 2008, China's monetary policy moderates easing in response to the serious impact of the international fi nancial crisis. At the beginning of 2009, the State Council put forward an annual growth of about 17% M2, more than 5 trillion yuan of new loans, relative to the expected 8% GDP growth rate and 4% of the CPI index is still a moderately easy monetary policy. China's monetary policy this shift is correct, strong with the government's active fi scal policy, the role of economic stabilization and recovery is more obvious.

  • Open Access

    Original Research Articles

    Article ID: 136

    Analysis of Stock IPO Price Based on CAPM Model

    by Chengjiao Song

    Insight - Statistics, Vol.1, No.1, 2024; 994 Views, 7 PDF Downloads

    DOI: https://doi.org/10.18282/i-s.v1i1.136

    In order to determine the issue price of China's nuclear construction (601985) stock, this paper established the relationship between stock return and risk premium through the capital asset pricing model, and obtains the stock return rate according to the rate of return = dividend / share price. Get the theoretical issue price of the stock. As China's nuclear construction is to apply for listing, historical data does not exist, so this article chose the same industry or situation similar to the listed companies as a reference, with the same type of enterprise listed on the performance of a rough estimate of China's nuclear IPO issue price. China's nuclear construction listed on May 27, this sample range selected from January 1, 2016 to March 31, 2016, selected the same industry, listed on the Shanghai Stock Exchange of China's nuclear value of β instead of China's nuclear construction β value. To retrieve their daily rate of return data and SSE A refers to the daily rate of return data (data from the Ruisi database). The risk-free rate is selected using a three-month time deposit rate of 1.1%. According to the CAPM model, Eviews software was used for regression analysis, and the respective β values were obtained. The mean value was calculated and the predicted price of China's nuclear construction was calculated.