The Efficiency of China's Stock Market

Shiguang Ma (Autor)

Buch | Softcover

302 Seiten

2018
Routledge (Verlag)
978-1-138-62270-8 (ISBN)

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By investigating the efficiency of China's stock market in accordance with the theoretical framework of the Efficient Market Hypothesis, this book focuses on weak form and semi-strong form market efficiency. Empirical tests have been intensively conducted on the random walk hypothesis, the presence of market seasonality and the price reaction to publicly released information. In addition The Efficiency of China's Stock Market provides a comparative analysis between China's stock market and other countries' stock markets.

Shiguag Ma

Contents; Introduction; The emergence, development and perspective of China's stock market; The theoretical and empirical perspectives of efficient stock market; Statistical expression and design of tests; Weak form efficient or not? tests of random walk hypothesis; Seasonally anomalous or not? tests of seasonalities; Semi-strong form efficient or not? tests on the announcements of zero and cash dividends; Semi-strong form efficient or not? tests on the announcements of bonus and rights issues; Conclusion; Summary of the study; Policy implications; Appendix; Bibliography; Index.

Erscheinungsdatum	26.07.2019
Verlagsort	London
Sprache	englisch
Maße	152 x 229 mm
Gewicht	560 g
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management
Themenwelt	Wirtschaft ► Volkswirtschaftslehre
ISBN-10	1-138-62270-2 / 1138622702
ISBN-13	978-1-138-62270-8 / 9781138622708
Zustand	Neuware