Seasonalities in China's Stock Markets : Cultural or Structural? /

In this paper, we examine returns in the Chinese A and B stock markets for evidence of calendar anomalies. We find that both cultural and structural (segmentation) factors play an important role in influencing the pricing of both A- and B-shares in China. There is some evidence of a February turn-of...

Полное описание

Библиографические подробности
Главный автор: Mitchell, Jason
Другие авторы: Ong, Li
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2006.
Серии:IMF Working Papers; Working Paper ; No. 2006/004
Предметы:
Online-ссылка:Full text available on IMF