id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-9137	Guo, Lei	Research on the Spillover Effects of Systemic Risk in China's Financial Market on The Securities Industry 	2023	7	.pdf	application/pdf	5780	214	37	Regulatory authorities should not only pay attention to the internal risk contagion within the securities industry but also closely monitor the risk trends in financial markets and the real estate market, especially the changes in real estate market risk. Impact of financial market risk volatility on spillover effect Stock Market Monetary market Bond market Forex market Real estate market Citic Securities 0.5287 0.2439 2.4166 4.6982 - 3.5483 Guotai Junan 0.3199 0.1897 1.6702 1.0501 - 3.1092 Haitong Securities 0.3200 0.1421 1.1301 5.0499 - 3.1731 Huatai Securities 0.2798 0.2600 1.9110 0.7102 - 3.4998 Gf Securities 0.3667 0.1071 0.9178 1.2310 - 1.9765 China Merchants Securities 0.3769 0.2517 1.6287 1.0301 - 3.5999 Shen Wanhongyuan 0.3701 0.0801 0.8431 1.6447 - 1.3879 Galaxy Securities 0.5459 0.1430 1.6780 1.9211 - 2.3503 early warnings for the overall risk changes in the capital market.	cache/fbem-9137.pdf	txt/fbem-9137.txt