RMB exchange rate (annual average price)

Transaction amount of stock (100 million ¥)

Gold price (USD)

Correlation

RMB exchange rate (annual average price)

1.000

−0.673

−0.954

Transaction amount of stock (100 million ¥)

−0.673

1.000

0.541

Gold price (USD)

−0.954

0.541

1.000

Shanghai Composite Index (closing price)

−0.480

0.565

0.401

Per capita GDP

−0.816

0.677

0.765

Sig. (Unilateral)

RMB exchange rate (annual average price)

0.001

0.000

Transaction amount of stock (100 million ¥)

0.001

0.008

Gold price (USD)

0.000

0.008

Shanghai Composite Index (closing price)

0.019

0.006

0.044

Per capita GDP

0.000

0.001

0.000