On Spillover Effect of Systemic Risk of Listed Securities Companies in China Based on Extended CoVaR Model

Table 8

Systemic risk spillover effect of securities companies on financial industry.

Company	All Share Brokerage Index	All Share Financials Index	All Share Insurance Index	CSI Banks Index
C1	−2.1002	−3.2618	−2.0727	−2.8704
C2	−2.1122	−3.2738	−2.2152	−2.8926
C3	−3.3126	−4.4787	−3.4547	−2.7308
C4	0.2696	−4.2704	−3.0941	−3.8690
C5	−3.2792	−4.4403	−2.3884	−4.0502
C6	−2.9647	−4.1224	−2.9160	−3.7269
C7	−4.0540	−5.2230	−4.2114	−4.8225
C8	−4.4767	−5.6194	−4.5852	−5.2341
C9	−6.2326	−7.4462	−6.2266	−7.0512
C10	−6.1807	−7.3239	−6.1288	−6.9540