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.holidays. On the Shenzhen market, the mean returns on post-holiday trading days are larger than the mean returns on ... 3 Chinese Spring Festival is also called as Chinese New Year, Chinese Lunar New Year and Spring Festival. 4 Both theanbsp;...
|Title||:||The Efficiency of China's Stock Market|
|Publisher||:||Ashgate Publishing, Ltd. - 2004|