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The Efficiency of China's Stock Market
book

The Efficiency of China's Stock Market

by Shiguang Ma
November 2017
Intermediate to advanced content levelIntermediate to advanced
302 pages
16h 35m
English
Routledge
Content preview from The Efficiency of China's Stock Market
The Theoretical and Empirical Perspectives of Efficient Stock Market 63
announcements of zero dividend, cash dividend, bonus and rights for China’s
A-shares and B-shares. Evidences show that Chinese share traders have varied
preference in response to the different information. Underreaction and overreaction
denominate the stock market, which illustrates that China’s Stock Market is not a
semi-strong efficient market. Su (2003) stated that Chinese domestic A-shares
investors cannot correctly predict earnings change and fail to adjust new earnings
information quickly. In contrast, international B-shares investors can and anticipate ...
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Publisher Resources

ISBN: 9781351146913