Dòng chảy thông tin thanh khoản giữa thị trường chứng khoán các nước ASEAN và Trung Quốc

Các tác giả

  • Chu Thị Thanh Trang Trường Đại học Tài chính - Marketing
  • Nguyễn Đức Trung Trường Đại học Ngân hàng, Thành phố Hồ Chính Minh
  • Phạm Thị Thanh Xuân Trường Đại học Kinh tế - Luật, Đại học Quốc gia Thành phố Hồ Chí Minh

Từ khóa:

Dòng chảy thông tin, thanh khoản đa diện, thị trường chứng khoán, transfer entropy

Tóm tắt

Bài nghiên cứu sử dụng transfer entropy để đo lường dòng chảy thông tin thanh khoản giữa thị trường chứng khoán Trung Quốc và ASEAN 6 (Indonesia, Malaysia, Philippine, Singapore, Thái Lan và Việt Nam), sử dụng chỉ số thanh khoản đa diện được tổng hợp từ các khía cạnh thanh khoản khác nhau trong giai đoạn 2010-2023. Kết quả nghiên cứu cho thấy Trung Quốc dần trở thành trung tâm truyền thông tin với thị trường ASEAN, tuy nhiên mức độ trao đổi thông tin khác nhau ở từng quốc gia. Singapore là quốc gia có mức độ nhận và truyền thông tin 2 chiều mạnh mẽ nhất với thị trường Trung Quốc so với các quốc gia còn lại. Trong khi đó Việt Nam, Philippine và Malaysia có mức độ giao thoa thông tin yếu hơn Thái Lan và Indonesia. Quan sát luồng thông tin thanh khoản di chuyển giữa thị trường chứng khoán có thể giúp chủ động trong chiến lược đầu tư, phòng ngừa rủi ro cũng như có những chính sách quản lý phù hợp.

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Tải xuống

Đã Xuất bản

29-04-2025

Cách trích dẫn

Chu Thị Thanh, T., Nguyễn Đức, T., & Phạm Thị Thanh, X. (2025). Dòng chảy thông tin thanh khoản giữa thị trường chứng khoán các nước ASEAN và Trung Quốc. Tạp Chí Kinh Tế Và Phát triển, (334(2), 42–52. Truy vấn từ http://103.104.117.215/index.php/jed/article/view/2252