Research Results from Hangzhou Dianzi University Update Knowledge of COVID-19 (An Empirical Study on the Equity Performance of China’s Health Insurance Companies During the COVID-19 Pandemic-Based on Cases of Dominant Listed Companies)

2021 MAY 25 (NewsRx) -- By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily -- Researchers detail new data in coronavirus. According to news reporting from Hangzhou, People’s Republic of China, by NewsRx journalists, research stated, “The health insurance industry in China is undergoing great shocks and profound impacts induced by the worldwide COVID-19 pandemic.”

Our news reporters obtained a quote from the research from Hangzhou Dianzi University: “Taking for instance the three dominant listed companies, namely, China Life Insurance, Ping An Insurance, and Pacific Insurance, this paper investigates the equity performances of China’s health insurance companies during the pandemic. We firstly construct a stock price forecasting methodology using the autoregressive integrated moving average, back propagation neural network, and long short-term memory (LSTM) neural network models. We then empirically study the stock price performances of the three listed companies and find out that the LSTM model does better than the other two based on the criteria of mean absolute error and mean square error.”

According to the news editors, the research concluded: “Finally, the above-mentioned models are used to predict the stock price performances of the three companies.”

For more information on this research see: An Empirical Study on the Equity Performance of China’s Health Insurance Companies During the COVID-19 Pandemic-Based on Cases of Dominant Listed Companies. Frontiers in Public Health, 2021,9. (Frontiers in Public Health - http://journal.frontiersin.org/journal/public-health). The publisher for Frontiers in Public Health is Frontiers Media S.A.

A free version of this journal article is available at https://doi.org/10.3389/fpubh.2021.663189.

Our news journalists report that more information may be obtained by contacting Rendao Ye, School of Economics, Hangzhou Dianzi University, Hangzhou, People’s Republic of China. Additional authors for this research include Na An, Yichen Xie, Kun Luo, Ya Lin. Our reports deliver fact-based news of research and discoveries from around the world.