Global Stock Markets Unlinked: China, US, Japan Operate Independently.
The study looked at how stock markets in China, the US, and Japan are related. They found that these markets don't have a long-term connection, even though they all have a lot of ups and downs. Shanghai B Shares had the most impact on the other stocks, followed by US stocks and then Japanese stocks. The Chinese stock market is independent and not influenced by the US or Japan markets.