
166 The Efficiency of China’s Stock Market
unequal informational content due to the difference in the specific schemes.
Bearing these factors in mind, nineteen samples have been constructed for the tests
in this chapter (eighteen samples for next chapter). The study will not conduct
individual tests on the Shanghai and Shenzhen markets respectively to avoid a lack
of precision, which usually results from small samples.
Extensive tests will detect the preferences of China’s share traders to the
different types of events specifically, the preferences of A-shares traders compared
with B-shares traders, the different ...