Market | Chinese Mainland
Current risk Level
Red: severe risk of a crisis in the financial market. Our risk measure suggests that a financial crisis is imminent or happening right now. This risk level is given for lambda values higher than the 80%-ratio. (Updated April 2025)
Timeline
FRM@Chinese Mainland captures the systemic tail event behavior based on 125 Financial Institutions listed in Chinese Mainland, which are traded on the stock exchanges in Shanghai and Shenzhen. The trade and financial flow between these markets has recently reached new highs, thus the risk of spillover between them has also increased.
Using the adjacency matrix we can describe the network dynamic and behavior between companies listed on the 2 stock exchanges (Shanghai and Shenzhen) as shown in the figure below:
