Research On Contagion Of The Sub-prime Crisis To Chinese Commercial Banks

Contagion theory in the context of financial globalization,rapid development.Financial crisis,quickly spread to other countries and regions on the global financialadversely affected. Occurred in previous literature to study the financial crisis that thefinanciaI crisis and economic ties through the transmission of real financial marketsinfection psychological sources of infection;on the previous financial crisis,the crisishas its roots infected countries,countries with stock markets,foreign trade marketMarkets and banking system,the correlation between the empirical analysis that thecorrelation will increase after the crisis,but also as a way to prove the existence ofinfection．Firstly,on the basis of this theory．after the United States in the financialglobalization appear in the context of the subprime crisis on the financial crisis at homeand abroad on the theory of infection were reviewed;followed by infection of thefinancial crisis are outlined．pointing out that the concept of contagion,Characteristicsand the infected countries realized the dangers;after the subprime crisis on the spread of commercial banks in China,a qualitative and quantitative analysis,using ordinary least squares on the U．S．and Chinese commercial banks,commercial banks,the correlation between operating conditions of an empirical test．Concluded:U．S．commercial banks associated stock index volatility,after the subprime crisis was enhanced．Commercial banks in the United States subprime mortgage crisis after infection,the situation in China of commercial banks increased．Also proved that the subprime crisis on the existence of Chinese commercial banks infection．Finally,for the conclusions,the Chinese commercial banks should speed up the transformation of non-credit business,shouldincrease the exchange rate volatility,regulatory bodies to deal with the financial infection control,regulatory agencies and commercial banks should strengthen cooperation withforeign exchange and the Countermeasures.