The Chinese Stock Market

The Chinese Stock Market

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'. . . this book succeeds in its mission of analysing the efficiency, predictability and profitability of the Chinese stock market. It is strongly recommended to scholars. It is additionally recommended to practitioners involved in the market, sharing its prosperity and avoiding the possible risk. This book is also recommended to the students who want to learn the systematic application of econometric modelling to market efficiency analysis.' - Shiguang Ma, Economic Record The emergence of a stock market in China only occurred a decade ago and it remains something of an unknown quantity to many observers and traders outside of the country. This book provides an extensive historical and empirical analysis of the Chinese stock-market, the development of which is an integral part of the process of economic modernization that began in China in the late 1970s.The two stock exchanges (in Shanghai and Shenzhen) which constitute the Chinese market were instituted only in the ... The short history of the market means that long-period data such as is common for the US market in particular are notanbsp;...

Title:The Chinese Stock Market
Author:Nicolaas Groenewold
Publisher:Edward Elgar Publishing - 2004-01-01


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