Date of Award


Degree Type

Creative Project

Degree Name

Master of Science (MS)


Economics and Finance

First Advisor

Tyler Brough

Second Advisor

Ben Blau

Third Advisor

Jason Smith


This study examines the stock return changes of Chinese ADR company likely be affected by Trump’s election on November 9, 2016, the signing of tariff Chinese goods bill on March 8, 2018, and the tariff bill takes into act on March 23, 2018. The results show that, relative to the entire market, the stock prices of Chinese ADR companies underperform. Our analysis provides evidence that it’s hard to find that these three events would affect a particular industry of Chinese ADR the most.