The study used a type of analysis called binary logistic regression to look at how different factors affect the performance of the Shanghai Composite Index, which is a stock market index in China. They found that China's real estate development and interest rates have a negative impact on the stock market performance, while consumer confidence and consumer prices have a positive impact. This means that when real estate development is high, the stock market tends to do worse, but when consumer confidence and prices are up, the stock market tends to do better.