Research On The Reaction Of The Stock Market Announced By The Internet Of Things

Since the beginning of the 21 st century,a new generation of information technology revolutions has come.Emerging technologies such as cloud computing,Internet of Things,data analysis,and artificial intelligence have created new industries.The Internet of Things continues to vigorously develop and uses its intelligent means to effectively promote the industrial upgrading of related fields and promote the integration and upgrading of industries.Forrester,a US market research company,predicts that the ratio of existing Internet services to the Internet of Things in 2020 will be 1:30,and its huge business means advancing the era of the Internet of Things.In reality,some companies use the Internet of Things to effectively reduce costs and increase profits to achieve rapid development,but at the same time,there are other companies that have high risks due to the large investment in digital transformation and long-term uncertainty.Bottleneck status.Looking at the domestic stock market,the number of companies entering the IoT concept sector has doubled in recent years.By 2019,there are already 175 listed companies in the IoT concept sector that are available for research.With the release of a series of Internet of Things announcements by listed companies,it remains to be seen whether the investment behavior brought about by the announcement of the announcements has the opposite effect on whether the listed company will enhance its company value and bring benefits to shareholders.Therefore,on the basis of certain existing relevant research ideas and the development status of the domestic Internet of Things,the impact of the response to the stock market under the announcement of the Internet of Things as of June 2019 is selected,and the company is further subdivided through three perspectives.Research and analysis of internal factors will be a firm direction for future economic development.Therefore,on the basis of reviewing the relevant research on the Internet of Things at home and abroad,this paper first uses the event research method to explore the research on the stock market response of listed companies that have entered the field of Internet of Things and issued IoT-related announcements.For the announcement of the Internet of Things announcement,firstly conduct a differentiated study on the disclosure transparency of the announcement.The research results show that the announcement of the listed company that specifically clarifies the introduction of the Internet of Things including the purpose of the transaction and the company's impact can make the market share price reflect a significant positive.Then the sample is subdivided into three different perspectives.Obtain a significant positive effect for companies in the information service category from the perspective of their main business,and they are more optimistic about the support for investors of such companies who intuitively apply to real life;at the same time,investors prefer the market response to the different implementation methods of announcements.Mergers and acquisitions cooperation introduced the Internet of Things and related companies that announced the announcement of Internet of Things access to government funds and national honors;and for the nature of the company,a large number of non-state-owned companies stepped in and had a good development in which the market share price reflected a significant positive.Further use multiple linear regression method to analyze the company's internal factors under the announcement.Obtaining less attention from corporate investors who already have high profitability.For companies with better development potential in company size,profitability,development capability and R&D expenditure,and small-scale and strong R&D expenditure companies can gain investor preference.