Research Article
Weibo Attention and Stock Market Performance: Some Empirical Evidence
Table 3
Granger causality between Weibo Index and market variables.
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This table reports the results for the Granger causality analysis between returns, trading volume, and volatility of SH50, HS300, SZ, SME, and ChiNext and Weibo attention. The Granger cause means Weibo attention can Granger-cause the changes of market variables and Granger cause means markets can Granger-cause the changes of Weibo attention. indicates significant at 1% level; indicates significant at 5% level; indicates significant at 10% level. |