This article, on the basis of previous researches, focusing on home stock market, and chooses two periods, including the Asian financial crisis and the global financial crisis, studies the change of co-movement effect between the mainland stock market and overseas markets. Our research is on the purpose of supplying more useful guidance for how to defend and reduce the shock of external equity markets, how to optimize the equity market in the allocation of resources, and how to make contributions for the long-term growth of the GDP. The co-movement mechanism between domestic and overseas stock market has been systematically and widely discussed in this paper,Read More →