Does ESG Matter in China? Evidence from the Stock Price Performance during COVID-19 Research Report This report is a synopsis of a working paper The role of ESG performance during times of financial crisis: Evidence from COVID-19 in China (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3627439...

Great importance has been attached to ESG investing by regulatory authorities, financial institutions,listed companies, and industry associations in China. According to the survey conducted by the AssetManagement Association of China (AMAC), 87% of institutional investors are aware of ESG investing....

The Coronavirus epidemic has significantly influenced social and economic activities in China since the beginning of 2020, and it is like an extreme stress test for listed companies. In the short term, the outbreak of the epidemic will deteriorate companies business development and financial perform...

The concept of responsible investment, in a broad sense, including green finance, ESG (environmental, social and corporate governance) and impact investment, is increasingly recognized and accepted by Chinese financial institutions. As an early advocate and pioneer of responsible investment in China...