A Study On Chinese Stock Price Volatility’s Influence On The Scale Of Commercial Bank Credit

More than 30 years of reform and opening-up, China’s economy has achieved remarkable achievement, financial markets have been the development by leaps and bounds. Remarkable achievements were obtained in the financial reform, however, at the same time, the capital market has also exposed some problems, including asset price volatility, stock price bubbles, etc. The emergence of these problems not only affect the stability of a country’s financial system, and will impact on a country’s real economy. Commercial Banks, as an important financial institutions in the financial system in our country, its credit expansion and contraction is very vulnerable to fluctuations in the price of assets, and further transmission to the real economy by money creation.Therefore, the thesis focuses on Chinese stock price volatility for the influence of the commercial bank credit scale, aiming at the stability of our financial system and the effective operation of the capital markets to provide policy recommendations.In this paper, on the basis of predecessors’ research, to the stock price fluctuation theory as the instruction, the influence of the size of bank credit to select 16 listed commercial Banks in China’s total loan balance monthly data of growth rate and growth rate of the Shanghai composite index, using the econometric models of vector panel data model carries on the empirical study, analyzes the stock price fluctuation influence on commercial bank credit scale, the introduction of the concept of capital regulation, and analyze the effect of capital regulation in our country in the mechanism, the role of. Draws the following conclusions:first: Chinese stock price volatility has significant effects on bank credit, has positive effect, the second:the role of capital regulation of our country has a constraint effect, compared with the soft 04 years ago capital constraint phenomenon is improved. Therefore, the central bank in the relevant credit policy should fully consider the effect of stock price fluctuations, and make full use of the binding of capital regulation, to ensure the validity of the credit policy, promote the healthy development of the economy.