haku: @indexterm china / yhteensä: 8570
viite: 235 / 8570
| Tekijä: | Sjoo, B. Zhang, J. |
| Otsikko: | Market segmentation and information diffusion in China's stock markets |
| Lehti: | Journal of Multinational Financial Management
2000 : SEP-DEC, VOL. 10:3/4, p. 421-438 |
| Asiasana: | FINANCIAL MANAGEMENT INFORMATION CHINA |
| Kieli: | eng |
| Tiivistelmä: | This study analyzes the information diffusion between Chinese A shares (restricted to domestic investors) and B shares (restricted to foreign investors). The results show that there is an important long-run information diffusion between A and B shares. In the Shanghai stock market, information flows from foreign to domestic investors. However, in the smaller and less liquid Shenzhen stock market, the information diffusion goes in the opposite way. |
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