The impact of COVID-19 on the stock return of Chinese Mask industry

Abstract

Because of the global outbreak of COVID-19, studying its impact on financial markets has gradually become a hot topic. This article will discuss the impact of COVID-19 on the stock prices of companies in the mask industry chain. This article finds that the cumulative cases of COVID-19 has a positive effect on stock return of mask industry. This article finds that vaccaines has a positive effect on the stock return on mask industry during COVID-19. The impact that the stock returns of the medical industry get is less than that of the mask industry. This article try to fill the gap in the influence of mass vaccination on the mask industry.