The Chinese Stock Market: Efficiency, Predictability And Profitability - Couverture rigide

Groenewold, Nicolaas; Wu, Yanrui; Tang, Sam H.K.; Fan, Xiang M.

 
9781843766223: The Chinese Stock Market: Efficiency, Predictability And Profitability
Couverture rigide
ISBN 10 : 1843766221 ISBN 13 : 9781843766223
Editeur : Edward Elgar Publishing Ltd, 2004

Synopsis

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 authors address a variety of critical topics to assess the efficiency, predictability and profitability of the Chinese stock-market. They carefully examine the evolution and performance of the market over the past ten years and measure its level of efficiency using an array of empirical studies. The results reveal that not only is the stock market far from efficient but that it has also failed to properly integrate with other regional markets. Thus, the authors propose further reforms which they argue are necessary for the stock market to realize its full potential contribution to the operation of China's financial markets and to its continuing economic development.

The stock market in China will undoubtedly grow in importance and international influence during the next ten years. As such, this valuable new book will be required reading for economic researchers, business economists and market analysts, as well as academics with an interest in Chinese business and Asian finance.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Nicolaas Groenewold, University of Western Australia, Yanrui Wu, Professor in Economics, University of Western Australia, Sam Hak Kan Tang, University of Western Australia and Xiang Mei Fan, Hunan Normal University, China and University of Western Australia

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
2004
Langue
anglais
ISBN 10 
1843766221
ISBN 13 
9781843766223
Reliure
Relié
Nombre de pages
264
Coordonnées du fabricant
non disponible
Personne responsable
non disponible