A Review Study on the Analysis of Validity Validation of Chinese Stock Market Pairs Using CAPM

Since the inception of Capital Asset Pricing Model (CAPM), numerous empirical studies have been conducted to test its effectiveness. However, there are several disputes surrounding CAPM model's implementation and study in Chinese securities market. This paper first describes significance model testing validity Then summarizes 11 papers that include using data from Shanghai Shenzhen stock exchanges as assistance, different analytical methods conduct research. The investigation demonstrates relevance China market restricted. Finally, a summary issues with practical use is provided, along suggestions for solutions.