Market sentiment and its role in asset pricing and investment decision-making in china's stock market

Abstract

The article presents the results of a study of the impact of market sentiment on the functioning of the Chinese stock market. The essence of market sentiment is considered, their inseparable connection with behavioral finance is substantiated, and a comprehensive analysis of the factors of their formation is performed. Practical recommendations for choosing the time to enter the market and risk management in the context of climate change are offered. This will help to increase the predictability of investor behavior and market stability