China's main stock market index, the SHANGHAI, fell to 3898 points on December 2, 2025, losing 0.42% from the previous session. Over the past month, the index has declined 1.98%, though it remains 15.36% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on December of 2025.

At the end of *************, the Shenzhen Component Index value was *********, an increase of about 1,000 index points from *************. The data clearly shows how the value of the index increased before the stock market crash of 2015 and the following sell-off in the following year. In addition to that, the low year-end index value of 2018 was the result of the worst trading year of the decade on Chinese stock exchanges. Together, stocks on the Shanghai and Shenzhen stock exchanges lost around ** percent in that year.

We examine the effect of minority state ownership on firm performance using the Chinese stock market crash in 2015. We find that treatment firms with minority state ownership accumulated from governmental purchases of equities experience significant reductions in operating performance. The negative impact is more severe in firms with higher riskiness and firms with less powerful large shareholders. We also find that treatment firms’ risk decreases and their employment increases after minority state shareholders step in, providing supportive evidence on the government’s motives of reducing risk and preventing mass layoffs. Further tests reveal the channels through which minority state ownership impedes investment efficiency, productivity, and innovation. The negative impact diminishes when government institutions divest their shares in a timely manner. Overall, our results suggest there are unintended negative consequences of minority state ownership arising from the governmental rescue package in a market crisis.

Hong Kong's main stock market index, the HK50, rose to 26095 points on December 2, 2025, gaining 0.24% from the previous session. Over the past month, the index has declined 0.24%, though it remains 32.15% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Hong Kong. Hong Kong Stock Market Index (HK50) - values, historical data, forecasts and news - updated on December of 2025.

This dataset contains the minimal anonymized data necessary to replicate the analyses reported in the study "Trade Policy Uncertainty and Stock Price Crash Risk in China: The Moderating Role of Marketization and Digital Transformation." The data include firm-level financial variables, stock price information, marketization indicators, digital transformation measures, control variables, and other variables used in the analyses for Chinese listed companies. All data are derived from publicly available sources and do not contain sensitive or personally identifiable information, ensuring compliance with legal and ethical standards. The dataset can be used to reproduce the results reported in the published article.

Chinese listed companies data, encompasses stock price crash risk variables, audit system change records, and other necessary control variables. Date Submitted: 2023-11-18

This study uses panel data on Chinese A-share listed companies in Shanghai and Shenzhen covering 2014 to 2020 selected through the following screening: first, we exclude listed companies in the finance and insurance sectors; second, we exclude listed companies in ST and *ST (Special Treatment); finally, we exclude samples that lack important data. This approach generates 8,658 valid research sample observations. The data are obtained from several official websites, such as those for CSMAR (China Stock Market & Accounting Research Database), CNRDS (Chinese Research Data Services), and the Shanghai and Shenzhen stock exchanges.In this study, the descriptive and relevance of the final data was tested using Stata software, and baseline regression, threshold regression, and robustness and heterogeneity tests were performed. The final data were tested for descriptiveness and correlation using Stata software, and baseline regression, threshold regression, and robustness and heterogeneity tests were performed.

In 2021, China's securities company CITIC Securities generated net profits of around ** billion yuan, ranking first in China. After the stock market crash in 2015, China's securities market has been shrinking, demonstrating less trading revenue and lower profit rate. However, Chinese equity market has been gradually picking up since 2019.

Information disclosure is an important way for investors to obtain information, the annual report text carries a lot of information, lazy information disclosure is an important form of information disclosure of the annual report text. This paper takes China’s A-share listed companies from 2011 to 2022 as the research sample, takes the annual report text information disclosure form as the entry point, uses the computer text analysis technology to measure the text similarity of the annual report to measure the lazy information disclosure, and explores its impact on stock price crash risk. The results show that there is a positive correlation between the similarity of annual report text and the risk of stock price crash, that is, when the information of annual report text is presented in the form of lazy information disclosure, the risk of stock price crash increases. For companies audited by key auditing institutions, the positive correlation between the similarity of their annual reports and the risk of stock price crash is not significant, indicating that key auditing institutions will weaken the positive correlation between lazy information disclosure and the risk of stock price crash. Further, through external attention and analysis of the time delay of annual report disclosure, it is concluded that the management lacks the opportunity and time to hide the bad news, so it is clear that the lazy information disclosure comes from the business situation "the fact is so". The research conclusion of this paper provides evidence support for the influence of lazy information disclosure on stock price crash risk, and also provides useful reference for regulators to improve information disclosure policies and effectively prevents and resolves stock price crash risk.

In 2021, China's securities company Orient Securities generated an income of around *** billion yuan from its asset management business. After the stock market crash in 2015, China's securities market has been shrinking, demonstrating less trading revenue and lower profit rate. However, Chinese equity market has been gradually picking up since 2019.

In 2021, China's securities company CITIC Securities managed client monies amounting to around *** billion yuan, ranking first among all securities companies in China. After the stock market crash in 2015, China's securities market has been shrinking, demonstrating less trading revenue and lower profit rate. However, Chinese equity market has been gradually picking up since 2019.

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Automotive Crash Impact Simulator Market Size 2024-2028

The automotive crash impact simulator (ACIS) market size is forecast to increase by USD 741.5 million at a CAGR of 11.63% between 2023 and 2028.

The market is driven by the increasing need for crash and safety testing to ensure vehicle compliance with regulations and consumer safety requirements. A key trend In the market is the utilization of parallelism in virtual crash testing, which allows for more efficient and accurate simulation of crashes. However, the decline in automotive production due to the global semiconductor chip shortage poses a significant challenge to market growth. Road safety concerns, particularly in urban areas, are driving the need for ACIS In the development of shared mobility solutions. These factors, among others, are analyzed in detail In the market trends and analysis report. The report provides insights into the market size, growth potential, and key drivers and challenges shaping the future of the ACIS market.

What will be the Size of the Automotive Crash Impact Simulator (ACIS) Market During the Forecast Period?

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The market is experiencing significant growth due to the increasing prioritization of safety In the automotive industry. Eco-friendly technology incorporation, including the use of artificial intelligence and machine learning, is driving innovation in ACIS solutions. These advanced technologies enable more accurate and efficient simulations, reducing the need for physical crash tests and lowering environmental impact. Original Equipment Manufacturers (OEMs) and suppliers are investing heavily in ACIS to develop and improve safety features, such as adaptive cruise control, lane departure warning, and tire-pressure monitoring systems. Consumer purchasing power and demand for advanced safety technologies continue to fuel market expansion.
Moreover, the motorcycle industry is also adopting ACIS for the development of active safety systems, addressing the unique challenges of two-wheeled vehicles. Supply chain disruptions and increasing competition from emerging markets may pose challenges to the ACIS market. However, the integration of blockchain technology and other advanced safety features, such as human error mitigation and rear-end collision prevention, are expected to mitigate these challenges and further boost market growth. The incorporation of health and wellness features in vehicles, including electric motorcycles, is also contributing to the growth of the ACIS market, as OEMs strive to create safer and more comfortable driving experiences for consumers.

How is this Automotive Crash Impact Simulator (ACIS) Industry segmented and which is the largest segment?

The automotive crash impact simulator (ACIS) industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product Type

  Internal combustion engine (ICE) vehicle
  Electric vehicle (EV)
  Autonomous vehicles


Deployment

  On-premises
  SaaS-based


Geography

  Europe

    Germany
    UK


  North America

    US


  APAC

    China
    Japan


  South America



  Middle East and Africa

By Product Type Insights

The internal combustion engine (ICE) vehicle segment is estimated to witness significant growth during the forecast period.

The International Combustion Engine (ICE) vehicle market continues to evolve due to technological advancements driven by emission regulations, fuel efficiency standards, and safety requirements. ICE vehicles account for the largest share of the automotive industry, with 61.6 million passenger cars manufactured worldwide in 2022, according to the Organisation Internationale des Constructeurs d'Automobiles (OICA). Asia Pacific is the leading region for passenger car sales and production. Technological innovations include improvements in vehicle operations, such as speedometer, tachometer, fuel gauge, climate control, engine temperature gauge, indicator lights, and convenience features. ICE vehicles in electric vehicles (EVs) are also gaining popularity due to their contribution to cabin comfort and reduced carbon dioxide emissions. The market is expected to grow as consumers prioritize vehicle efficiency, safety, and eco-friendliness.

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The internal combustion engine (ICE) vehicle segment was valued at USD 270.70 million in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

Europe is estimated to contribute 33% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the m

Analysis of China's wheat gluten market in 2024, showing a dramatic consumption crash but booming exports. Includes production data, trade flows with key partners, price trends, and a forecast to 2035 with a 3.0% CAGR value growth.

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Automotive Crash Test Dummies Market Size 2025-2029

The automotive crash test dummies market size is valued to increase USD 17.2 million, at a CAGR of 2.9% from 2024 to 2029. Increasing need for crash and safety testing will drive the automotive crash test dummies market.

Major Market Trends & Insights

Europe dominated the market and accounted for a 44% growth during the forecast period.
By Product - Male crash test dummy segment was valued at USD 78.30 million in 2023
By Application - Passenger vehicle segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 27.68 million
Market Future Opportunities: USD 17.20 million
CAGR : 2.9%
Europe: Largest market in 2023

Market Summary

The market encompasses the production and distribution of advanced testing solutions designed to evaluate the safety and durability of vehicles in collisions. This market is driven by the increasing need for stringent crash and safety testing, with a focus on both occupant and pedestrian protection systems. One notable trend is the rising popularity of crash test simulators, which offer more precise and cost-effective testing capabilities than traditional methods. According to a recent study, the global market share for crash test dummies is projected to reach 35% by 2026, reflecting a significant growth trajectory.
Core technologies, such as biomechanical modeling and advanced sensor systems, continue to evolve, enabling more accurate and comprehensive testing. Regulations, including mandatory safety standards and increasing consumer expectations, also play a crucial role in shaping market dynamics.

What will be the Size of the Automotive Crash Test Dummies Market during the forecast period?

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How is the Automotive Crash Test Dummies Market Segmented and what are the key trends of market segmentation?

The automotive crash test dummies industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Male crash test dummy
  Female crash test dummy
  Child crash test dummy


Application

  Passenger vehicle
  Commercial vehicle


Type

  Frontal Impact Testing
  Side Impact Testing
  Rear Impact Testing
  Pedestrian Impact Testing


End-user Industry

  Automotive Manufacturers
  Government & Regulatory Agencies and Research
  Testing Centers


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The male crash test dummy segment is estimated to witness significant growth during the forecast period.

The automotive crash testing industry is driven by the continuous evolution of vehicle safety standards and the increasing demand for improved occupant protection. According to recent studies, the market for crash test dummies experienced a 21.3% increase in sales last year, with an anticipated expansion of 25.6% in the coming years. This growth is attributed to the development of advanced anthropomorphic dummies, which simulate human body responses to various impact forces during crashworthiness testing. These dummies are designed to measure injuries such as pelvis, neck, head, and leg injuries, as well as chest deceleration and abdominal impact.

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The Male crash test dummy segment was valued at USD 78.30 million in 2019 and showed a gradual increase during the forecast period.

Crash test sensors, including accelerometers, load cells, and strain gauges, are integrated into the dummies to collect data during collision dynamics. This information is then analyzed using simulation software and finite element analysis to predict injuries and optimize vehicle safety features. Furthermore, the industry is expanding beyond traditional male crash test dummies. Manufacturers like Humanetics are addressing the need for more diverse body structures by producing female and child crash test dummies. These dummies are essential for side impact protection and pedestrian protection testing. Moreover, the industry is focusing on improving biofidelity testing, which measures the correlation between dummy response and human response.

This is crucial for accurately predicting injuries and ensuring the effectiveness of safety regulations. The future of crash test dummies lies in their ability to provide accurate, reliable, and comprehensive injury prediction, ultimately enhancing overall vehicle safety.

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Regional Analysis

Europe is estimated to contribute 44% to the growt

The China Drop Shipping market will grow at more than 26.11% CAGR by 2030, fueled by fast digital adoption and cross-border e-commerce trade.

The market size of China's paper and paperboard manufacturing industry grew *** percent in 2023 to ****** billion U.S. dollars. The paper and paperboard manufacturing market size has increased substantially since 2020, which was the first year since 2012 that the market size decreased. This drop was due to the outbreak of COVID-19, which caused significant disruptions to many industry sectors.

Analysis of China's lysine market showing a dramatic 2024 consumption drop but forecasted growth to 59K tons and $77M by 2035, driven by exports and changing trade dynamics.

Analysis of China's acrylonitrile market in 2024, covering a dramatic 97% drop in consumption, a 7.6% rise in production, and a surge in exports. Includes 10-year forecasts for market volume and value, plus import/export price trends and key trade partners.

During the period analyzed, Butter imports peaked at 101K tons in 2022, before decreasing the following year. In terms of value, the import of Butter declined to $616M in 2023.

Analysis of China's imines market showing a dramatic 2024 consumption drop but forecast for steady growth to 2035, with production stable and a major shift to becoming a net exporter driven by high-value imports and bulk exports.