Explore the relationship between book market fluctuations and emergency room visits in China

The advent of automated trading and fintech platforms has made investing in stocks easier and more accessible to people around the world. This has resulted in increased book market share in many countries, including China.

From 2000 to 2022, the choice of households investing in stocks in China increased from 29.3 million to 322.6 million. Because of this increased investment, fluctuations in the book market can have a significant impact on the budgets of different people and their families.

Substantial changes in wealth or financial difficulties due to fluctuations in the book market could potentially have additional effects on the intellectual and physical fitness of buyers. In fact, some contemporary reviews have found a link between the ups and downs of the book market and particular physical and mental problems.

Researchers from the National University of Singapore, Jinan University, Peking University and Sun Yat-sen University recently explored this potential link further, looking at the relationship between book market fluctuations and stress-related emergency room visits in China. Are experts. Their findings, published nature psychological healthA development marked by greater visits to crisis rooms by people experiencing stress-related intellectual health problems was unveiled during all periods of book market volatility.

To study the relationship between the fluctuations of the book market in China and emergency room visits, this team of researchers conducted statistical analysis of data collected in the largest hospitals in Beijing during three years from 2009 to 2012. This information, which was specific to potentially eliminating room visits for anxiety-related reasons, was analyzed along with book market trends in China during the same period.

“Using daily emergency room visit records of the three largest hospitals in Beijing from January 1, 2009 to December 31, 2012, we found that a one percentage point decrease in daily market returns (Growth Enterprises Index) was 0.185 (p = 0.040, Confidence) is associated with increased incidence of cardiovascular diseases (CI = 0.009 to 0.361, or 0.7%) and 0.020 (P = 0.060, CI = 0 to −0.041, or 2.5%) of mental disorders on that day. Cases increased,” Sumit Aggarwal, Siu Chen and their colleagues wrote in their paper.

“Moreover, a one percentage point increase in daily market returns (Growth Enterprises Index) is associated with a 0.035 (p = 0.007, CI = 0.010 to 0.059, or 3.3%) increase in alcohol abuse cases that day. ”

Overall, the results of the analyzes conducted by Aggarwal, Chen, and colleagues suggest that book market shocks had a stronger impact on cardiovascular diseases and intellectual health problems in the period between 2009 and 2012, as volatility in book markets was associated with. . Additional visits to the crisis room for those stress-related physical and intellectual problems. As the knowledge put forward by researchers was more than a decade old, they highlighted the need for backup research using more modern clinical and financial knowledge.

“The health effects are highly nonlinear, immediate, and more prominent for older people and men,” Agarwal, Chen and their colleagues wrote.

“In contrast, diseases that are less related to psychological stress (for example, infections and parasitic diseases) are not significantly affected by market fluctuations. A back-of-the-envelope calculation shows That a ten percentage point decrease in daily market returns is associated with an increase of approximately RMB 35 million in national medical expenditures related to emergency room services.”

This contemporary information may soon stimulate additional research examining the health-related costs of book market fluctuations. In their paper, the researchers also note the possibility of conducting backup research into this topic using virtual clinical knowledge collected during the COVID-19 pandemic, when more people sought online clinical rather than in-person fitness assistance. Accessed services and products. Facilities.

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