Market Segmentation, Information Asymmetry and Investor Responses in the Chinese A- and B- Markets
This paper examines changes in returns and trading volumes around earnings announcements for firms which have both A-shares (traditionally for local investors only) and B-shares (traditionally for foreign investors only) in China. It considers the impact of regulatory changes which reduced the segme...
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| Format: | Article |
| Language: | English |
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University of Wollongong
2014-03-01
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| Series: | Australasian Accounting, Business and Finance Journal |
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| Online Access: | http://ro.uow.edu.au/aabfj/vol8/iss1/5 |