Table 1.
Specific names of industrial dummy variables
| Industrial dummy | Specific name | Industrial dummy | Specific name | Industrial dummy | Specific name |
|---|---|---|---|---|---|
| Industry_1 | Specialized equipment | Industry_23 | National defense | Industry_45 | White goods |
| Industry_2 | Traditional Chinese medicine | Industry_24 | Basic chemistry | Industry_46 | Petroleum mining |
| Industry_3 | Transportation equipment service | Industry_25 | Household light industry | Industry_47 | Planting and forestry |
| Industry_4 | Instruments and apparatuses | Industry_26 | Building materials | Industry_48 | Textile manufacturing |
| Industry_5 | Media | Industry_27 | Building decoration | Industry_49 | Comprehensive |
| Industry_6 | Insurance and others | Industry_28 | Real estate development | Industry_50 | Audio-visual equipment |
| Industry_7 | Optics and optoelectronics | Industry_29 | New materials | Industry_51 | Computer application |
| Industry_8 | Public transport | Industry_30 | Tourism | Industry_52 | Computer equipment |
| Industry_9 | Highway and railway transportation | Industry_31 | Non-ferrous smelting and processing | Industry_53 | Securities |
| Industry_10 | Other electronics | Industry_32 | Clothing and home textile | Industry_54 | Trade |
| Industry_11 | Breading industry | Industry_33 | Airport shipping | Industry_55 | Communication service |
| Industry_12 | Agricultural service | Industry_34 | Automobile | Industry_56 | Communication equipment |
| Industry_13 | Agricultural products process | Industry_35 | Auto parts | Industry_57 | General equipment |
| Industry_14 | Packaging and printing | Industry_36 | Port shipping | Industry_58 | Papermaking |
| Industry_15 | Chemical products | Industry_37 | Coal mining and processing | Industry_59 | Hotel and catering |
| Industry_16 | Chemical pharmacy | Industry_38 | Gas and water affairs | Industry_60 | Mining service |
| Industry_17 | Chemical synthetic materials | Industry_39 | Logistics | Industry_61 | Steel |
| Industry_18 | New chemical materials | Industry_40 | Environmental protection engineering | Industry_62 | Bank |
| Industry_19 | Medical equipment services | Industry_41 | Biological products | Industry_63 | Retail |
| Industry_20 | Pharmaceutical business | Industry_42 | Electric power | Industry_64 | Non-automobile transportation |
| Industry_21 | Semiconductor and its components | Industry_43 | Electronic manufacturing | Industry_65 | Food processing manufacturing |
| Industry_22 | Park development | Industry_44 | Electrical equipment | Industry_66 | Beverage manufacturing |
Source: China Securities Regulatory Commission