Regression analysis of the effect of accounting message on the stock price in Shanghai stock market

On the basis of the experts' studies,using the financial index and stock price of the listed companies,is measured the validity of China stock market,mainly of the accounting message in Shanghai stock market by linear regression analysis.The conclusion is that the stock market is subject to the accounting message of the listed company especially each stock income and price-earnings ratio,which has much to do with the poor efficiency in transmission of the stock market message and informal act of the investors in China.