A Comparative Study on the Influencing Factors of the Large Chinese and Foreign Shipping Companies’ Stock Price

Haining Qian

2024

Abstract

The shipping industry is an important pillar of international trade and has a significant impact on global economy. The share price performance of Chinese and foreign large-scale shipping companies, as the leading companies in industrial. not only reflects the company's operating conditions and profitability, but also the development of international trade and world economies. In this study, two representative shipping companies, COSCO Shipping Holdings and Maersk been selected to conduct time series analysis, linear regression analysis, and correlation analysis on their stock price and profit data. The results of the study find the share prices of COSCO Shipping Holdings and Maersk are correlated with their profits. Between the profit and share price data, two companies are also highly positively correlated. At the same time, two companies share price volatility level, as well profit time synchronization and other aspects of the differences reflecting the company itself and differences in the development environment. Therefore, which can be concluded by: shipping industry is a mature industry, the company's profit is the main factor to affect the company's share price. By observing the share price can judge the development of the company and the industry. Shipping industry is a highly internationalized industry, the share price of similar shipping companies can be compared with references. The above conclusions can provide investors with references for decision-making and a perspective to observe the development of the shipping industry.

Paper Citation

in Harvard Style

Qian H. (2024). A Comparative Study on the Influencing Factors of the Large Chinese and Foreign Shipping Companies’ Stock Price. In Proceedings of the 1st International Conference on Engineering Management, Information Technology and Intelligence - Volume 1: EMITI; ISBN 978-989-758-713-9, SciTePress, pages 762-769. DOI: 10.5220/0012972400004508

in Bibtex Style

@conference{emiti24,
author={Haining Qian},
title={A Comparative Study on the Influencing Factors of the Large Chinese and Foreign Shipping Companies’ Stock Price},
booktitle={Proceedings of the 1st International Conference on Engineering Management, Information Technology and Intelligence - Volume 1: EMITI},
year={2024},
pages={762-769},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0012972400004508},
isbn={978-989-758-713-9},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Engineering Management, Information Technology and Intelligence - Volume 1: EMITI
TI - A Comparative Study on the Influencing Factors of the Large Chinese and Foreign Shipping Companies’ Stock Price
SN - 978-989-758-713-9
AU - Qian H.
PY - 2024
SP - 762
EP - 769
DO - 10.5220/0012972400004508
PB - SciTePress