The impact of the Asian financial crisis 1997 on the Hang Seng index constituents stocks, in terms of companies' earnings yield, P/E ratio and market-to-book ratio.

• Other Authors: Fong, Yuet-Ming.
• Format: Others
• Language: English
• Published: 1999
• Subjects: Stocks > Prices; Stocks > Prices > China > Hong Kong; Corporations > Valuation; Corporations > Valuation > China > Hong Kong; Financial crises; Financial crises > Asia; Economic conditions
• Online Access: http://library.cuhk.edu.hk/record=b5889463; http://repository.lib.cuhk.edu.hk/en/item/cuhk-322448

by Fong Yuet-Ming, Lau Mei-Po. === Thesis (M.B.A.)--Chinese University of Hong Kong, 1999. === Includes bibliographical references (leaves 43-46). === ABSTRACT --- p.ii === TABLE OF CONTENTS --- p.iii === LIST OF TABLES --- p.v === Chapter === Chapter I. --- INTRODUCTION --- p.1 === Chapter II. --- LITERATURE REVIEW --- p.3 === Roots of Asian Financial Crisis --- p.4 === Contagion Phenomenon --- p.10 === Fixed Exchange Rate Regime --- p.10 === Sterilized and Non-sterilized Foreign Exchange Rate --- p.12 === "Case Study of Fixed Exchange Rate Collapse: Mexico Peso Crisis,1982" --- p.13 === Crisis Theories --- p.14 === Chapter III. --- METHODOLOGY --- p.16 === CAPM Analysis --- p.17 === T-tests --- p.18 === Regression Analysis --- p.19 === Chapter IV. --- EMPIRICAL ANALYSIS --- p.20 === Category Level --- p.20 === Individual Stock Level --- p.24 === P/E Ratio Analysis --- p.24 === Share Price Analysis --- p.26 === Market-to-book Ratio Analysis --- p.29 === Cumulative Residual Analysis & Regression Residual Against Time --- p.31 === Chapter V. --- CONCLUSIONS & IMPLICATIONS FROM STUDY --- p.39 === Conclusions --- p.39 === Implications from Study --- p.41 === BIBLIOGRAPHY --- p.43 === APPENDIX === Graphs of Cumulative Residuals against Time of the Hang Seng Index Constituents Stocks