Volume Shocks around Announcements in the Chinese Stock Market: An Ex-Post Earnings-Information-Based Study of Speculative Behavior

The Second Board Market is typical stock market for high tech companies in China. This paper discusses the relationship between trading volume and price changes in the case of high-tech listed companies in the Chinese Second-Board Stock Market. By using the basic concepts proposed by Kim and Verrecc...

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Bibliographic Details
Main Authors: Xiangdong Chen, Fei Wang, Wei Wang, Valerie Hunstock
Format: Article
Language:English
Published: MDPI AG 2017-09-01
Series:Information
Subjects:
Online Access:https://www.mdpi.com/2078-2489/8/3/112