{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,10,18]],"date-time":"2025-10-18T10:47:15Z","timestamp":1760784435846,"version":"3.41.2"},"reference-count":50,"publisher":"Wiley","issue":"1","license":[{"start":{"date-parts":[[2018,2,26]],"date-time":"2018-02-26T00:00:00Z","timestamp":1519603200000},"content-version":"vor","delay-in-days":56,"URL":"http:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"DOI":"10.13039\/501100001809","name":"National Natural Science Foundation of China","doi-asserted-by":"publisher","award":["71771170","71701150","71790594"],"award-info":[{"award-number":["71771170","71701150","71790594"]}],"id":[{"id":"10.13039\/501100001809","id-type":"DOI","asserted-by":"publisher"}]}],"content-domain":{"domain":["onlinelibrary.wiley.com"],"crossmark-restriction":true},"short-container-title":["Complexity"],"published-print":{"date-parts":[[2018,1]]},"abstract":"<jats:p>We investigate the dynamic cross\u2010correlations between mass media news, new media news, and stock returns for the SSE 50 Index in Chinese stock market by employing the MF\u2010DCCA method. The empirical results show that (1) there exist power\u2010law cross\u2010correlations between two types of news as well as between news and its corresponding SSE 50 Index return; (2) the cross\u2010correlations between mass media news and SSE 50 Index returns show larger multifractality and more complicated structures; (3) mass media news and new media news have both complementary and competitive relationships; (4) with the rolling window analysis, we further find that there is a general increasing trend for the cross\u2010correlations between the two types of news as well as the cross\u2010correlations between news and returns and this trend becomes more persistent over time.<\/jats:p>","DOI":"10.1155\/2018\/7619494","type":"journal-article","created":{"date-parts":[[2018,2,26]],"date-time":"2018-02-26T23:31:50Z","timestamp":1519687910000},"update-policy":"https:\/\/doi.org\/10.1002\/crossmark_policy","source":"Crossref","is-referenced-by-count":18,"title":["The Dynamic Cross\u2010Correlations between Mass Media News, New Media News, and Stock Returns"],"prefix":"10.1155","volume":"2018","author":[{"given":"Zuochao","family":"Zhang","sequence":"first","affiliation":[]},{"given":"Yongjie","family":"Zhang","sequence":"additional","affiliation":[]},{"ORCID":"https:\/\/orcid.org\/0000-0002-0359-2203","authenticated-orcid":false,"given":"Dehua","family":"Shen","sequence":"additional","affiliation":[]},{"given":"Wei","family":"Zhang","sequence":"additional","affiliation":[]}],"member":"311","published-online":{"date-parts":[[2018,2,26]]},"reference":[{"key":"e_1_2_9_1_2","doi-asserted-by":"publisher","DOI":"10.1016\/S0304-405X(03)00146-6"},{"key":"e_1_2_9_2_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.jfineco.2005.07.011"},{"key":"e_1_2_9_3_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.jbankfin.2011.03.006"},{"key":"e_1_2_9_4_2","doi-asserted-by":"publisher","DOI":"10.1111\/j.1540-6261.2008.01362.x"},{"key":"e_1_2_9_5_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.pacfin.2017.04.001"},{"key":"e_1_2_9_6_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.jfineco.2012.03.001"},{"key":"e_1_2_9_7_2","doi-asserted-by":"publisher","DOI":"10.1111\/j.1540-6261.2007.01232.x"},{"key":"e_1_2_9_8_2","doi-asserted-by":"publisher","DOI":"10.1080\/14697688.2014.931593"},{"key":"e_1_2_9_9_2","doi-asserted-by":"publisher","DOI":"10.1103\/PhysRevE.49.1685"},{"key":"e_1_2_9_10_2","doi-asserted-by":"publisher","DOI":"10.1103\/PhysRevLett.100.084102"},{"key":"e_1_2_9_11_2","doi-asserted-by":"publisher","DOI":"10.1103\/PhysRevE.77.066211"},{"key":"e_1_2_9_12_2","first-page":"4","article-title":"What moves stock prices?","volume":"15","author":"Cutler D.","year":"1989","journal-title":"Working Papers"},{"key":"e_1_2_9_13_2","doi-asserted-by":"publisher","DOI":"10.1093\/rfs\/hhr099"},{"key":"e_1_2_9_14_2","doi-asserted-by":"publisher","DOI":"10.1111\/0022-1082.265570"},{"key":"e_1_2_9_15_2","doi-asserted-by":"publisher","DOI":"10.1093\/rfs\/hhq141"},{"key":"e_1_2_9_16_2","doi-asserted-by":"publisher","DOI":"10.1111\/j.1540-6261.2009.01493.x"},{"key":"e_1_2_9_17_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.jfineco.2014.11.007"},{"key":"e_1_2_9_18_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2013.12.034"},{"key":"e_1_2_9_19_2","doi-asserted-by":"publisher","DOI":"10.1111\/j.1540-6261.2011.01679.x"},{"key":"e_1_2_9_20_2","doi-asserted-by":"publisher","DOI":"10.1111\/j.1540-6261.2004.00662.x"},{"key":"e_1_2_9_21_2","doi-asserted-by":"publisher","DOI":"10.2139\/ssrn.160170"},{"key":"e_1_2_9_22_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2017.08.036"},{"key":"e_1_2_9_23_2","doi-asserted-by":"publisher","DOI":"10.1186\/s40854-017-0053-1"},{"key":"e_1_2_9_24_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.frl.2017.06.008"},{"key":"e_1_2_9_25_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2017.04.058"},{"key":"e_1_2_9_26_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2016.05.026"},{"key":"e_1_2_9_27_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.econmod.2016.03.020"},{"key":"e_1_2_9_28_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.econmod.2017.03.002"},{"key":"e_1_2_9_29_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2016.01.086"},{"key":"e_1_2_9_30_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2016.02.052"},{"key":"e_1_2_9_31_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.econmod.2013.03.018"},{"key":"e_1_2_9_32_2","doi-asserted-by":"publisher","DOI":"10.1103\/PhysRevE.84.016106"},{"key":"e_1_2_9_33_2","doi-asserted-by":"publisher","DOI":"10.1209\/0295-5075\/95\/68001"},{"key":"e_1_2_9_34_2","doi-asserted-by":"publisher","DOI":"10.1142\/S0218348X12500259"},{"key":"e_1_2_9_35_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2010.08.029"},{"key":"e_1_2_9_36_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2012.05.035"},{"key":"e_1_2_9_37_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2012.09.008"},{"key":"e_1_2_9_38_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2017.01.058"},{"key":"e_1_2_9_39_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2016.02.039"},{"key":"e_1_2_9_40_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2017.05.051"},{"key":"e_1_2_9_41_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2009.02.026"},{"key":"e_1_2_9_42_2","doi-asserted-by":"publisher","DOI":"10.1140\/epjb\/e2009-00310-5"},{"key":"e_1_2_9_43_2","doi-asserted-by":"publisher","DOI":"10.1111\/j.1540-6261.1970.tb00518.x"},{"key":"e_1_2_9_44_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2003.12.031"},{"key":"e_1_2_9_45_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2004.05.034"},{"key":"e_1_2_9_46_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.ecosys.2005.09.003"},{"key":"e_1_2_9_47_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.physa.2005.09.051"},{"key":"e_1_2_9_48_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.chaos.2007.07.091"},{"key":"e_1_2_9_49_2","doi-asserted-by":"publisher","DOI":"10.1016\/j.chaos.2007.09.054"},{"key":"e_1_2_9_50_2","doi-asserted-by":"publisher","DOI":"10.1080\/13504850500392214"}],"container-title":["Complexity"],"original-title":[],"language":"en","link":[{"URL":"http:\/\/downloads.hindawi.com\/journals\/complexity\/2018\/7619494.pdf","content-type":"application\/pdf","content-version":"vor","intended-application":"text-mining"},{"URL":"http:\/\/downloads.hindawi.com\/journals\/complexity\/2018\/7619494.xml","content-type":"application\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/pdf\/10.1155\/2018\/7619494","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2024,8,8]],"date-time":"2024-08-08T22:57:37Z","timestamp":1723157857000},"score":1,"resource":{"primary":{"URL":"https:\/\/onlinelibrary.wiley.com\/doi\/10.1155\/2018\/7619494"}},"subtitle":[],"editor":[{"given":"Benjamin M.","family":"Tabak","sequence":"additional","affiliation":[]}],"short-title":[],"issued":{"date-parts":[[2018,1]]},"references-count":50,"journal-issue":{"issue":"1","published-print":{"date-parts":[[2018,1]]}},"alternative-id":["10.1155\/2018\/7619494"],"URL":"https:\/\/doi.org\/10.1155\/2018\/7619494","archive":["Portico"],"relation":{},"ISSN":["1076-2787","1099-0526"],"issn-type":[{"type":"print","value":"1076-2787"},{"type":"electronic","value":"1099-0526"}],"subject":[],"published":{"date-parts":[[2018,1]]},"assertion":[{"value":"2017-11-04","order":0,"name":"received","label":"Received","group":{"name":"publication_history","label":"Publication History"}},{"value":"2018-01-17","order":2,"name":"accepted","label":"Accepted","group":{"name":"publication_history","label":"Publication History"}},{"value":"2018-02-26","order":3,"name":"published","label":"Published","group":{"name":"publication_history","label":"Publication History"}}],"article-number":"7619494"}}