New study reveals strong correlation between Chinese stock and fund markets
The article examines the Chinese stock, bond, and fund markets to understand their volatility and correlations. The researchers use statistical tests to analyze the return series of these markets and find multifractality in their behaviors. They discover that the stock and fund markets have a stronger correlation compared to the stock and bond markets, which show unstable correlations. This study helps in understanding how these markets interact and can improve financial risk assessment and management.