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Table 9 Performance of listed companies

From: Cloud economy and its relationship with China’s economy—a capital market-based approach

Industry

Project

 

Annual volatility

Linkage with a-share market (beta)

 

Period 1

Period 2

Period 1

Period 2

CCEI

47.9%

44.7%

0.912

1.181

First-level indicators

    

PCI

48.5%

47.8%

0.914

1.292

OCI

52.5%

47.7%

0.842

1.169

TCL

51.6%

46.4%

0.912

1.189

CCI

51.3%

45.0%

0.929

1.131

FCI

47.2%

42.1%

1.012

1.200