Rights issues and investor returns in Hong Kong.

• Other Authors: Lau, Yiu Fai.
• Format: Others
• Language: English
• Published: Chinese University of Hong Kong 1992
• Subjects: Securities; Securities > China > Hong Kong; Stocks > Prices; Stocks > Prices > China > Hong Kong; Rate of return; Rate of return > China > Hong Kong; Stock exchanges; Stock exchanges > China > Hong Kong
• Online Access: http://library.cuhk.edu.hk/record=b5887152; http://repository.lib.cuhk.edu.hk/en/item/cuhk-318889

by Lau Yiu Fai, Lawrence. === Thesis (M.B.A.)--Chinese University of Hong Kong, 1992. === Includes bibliographical references (leaves 44-45). === ABSTRACT --- p.ii === TABLE OF CONTENTS --- p.iii === ACKNOWLEDGEMENT --- p.iv === Chapter === Chapter I. --- INTRODUCTION --- p.1 === Background --- p.2 === Mechanism of Rights Issue --- p.6 === Underwriting --- p.10 === Intrinsic Value of Rights --- p.14 === Advantages of Rights Issues for Fund Raising --- p.15 === Trading Strategies for Shareholders --- p.16 === Chapter II. --- METHODOLOGY OF ANALYSIS --- p.17 === Introduction and Literature Review --- p.17 === Performing the Event Study (Announcement of Rights Issue) of the Hong Kong Stocks. --- p.22 === Results Analysis --- p.27 === Correlations Between Rates of Change in Stock Price During the Announcement Period and the Size of the Proceeds --- p.28 === Results Analysis --- p.33 === The Price effect of Rights Issues and the Total Net Assets of the Company --- p.34 === Results Analysis --- p.35 === Chapter III. --- CONCLUSION --- p.37 === EXHIBITS --- p.40 === BIBLIOGRAPHY --- p.44