Abstract
In the process of economic operation, the real estate industry plays an indispensable function as a pillar of the national economy. The outbreak of the COVID-19 has greatly influenced China’s real estate industry. Since people need to invest in the real estate industry through the capital market, this paper focuses on the analysis of real estate stocks to explore the impact of the COVID-19 on China’s real estate industry. This paper analyzes and forecasts Vanke stock using ARIMA model, and the model obtained is slightly different from the actual situation. The main fluctuation points occur in January 2020 and May 2021. In January 2020, the new epidemic has just started. The change of the actual stock price trend and the forecasted trend shows that the new epidemic has impacted the real estate market, while the change in May 2021 is due to the continued influence of macro policies. Finally, we propose a strategy for combining real estate sales with the Internet.
Z. Chen, P. Gao and K. Liang—These authors contributed equally.
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Chen, Z., Gao, P., Liang, K. (2023). Impact of COVID-19 on China’s Real Estate Industry - An Empirical Study Based on the Stock Market. In: Dang, C.T., Cifuentes-Faura, J., Li, X. (eds) Proceedings of the 2nd International Conference on Business and Policy Studies. CONF-BPS 2023. Applied Economics and Policy Studies. Springer, Singapore. https://doi.org/10.1007/978-981-99-6441-3_83
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DOI: https://doi.org/10.1007/978-981-99-6441-3_83
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