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| LEADER |
01368nam a2200217Ia 4500 |
| 001 |
10.1016-j.irfa.2019.05.011 |
| 008 |
220511s2019 CNT 000 0 und d |
| 020 |
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|a 10575219 (ISSN)
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| 245 |
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|a Learning Chinese? The changing investment behavior of foreign institutions in the Chinese stock market
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| 260 |
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|b Elsevier Inc.
|c 2019
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| 856 |
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|z View Fulltext in Publisher
|u https://doi.org/10.1016/j.irfa.2019.05.011
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| 520 |
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|a We analyze preferences of foreign institutional investors in the Chinese stock market in a sample that covers 2003 to 2014. We find that foreign investors changed their investment behavior during the sample period from generic patterns found in much of the world to China-specific patterns. The results suggest that foreign institutions learned to adjust their investment behavior to account for unique features of the Chinese market. Rather than following the diversified portfolio approach, they follow investment strategies that focus on a limited number of firm features. © 2019 The Authors
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|a China
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| 650 |
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|a Foreign investor
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| 650 |
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|a Institutional investor
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| 650 |
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|a Qualified foreign institutional investor (QFII) scheme
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| 700 |
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|a Korkeamäki, T.
|e author
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| 700 |
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|a Virk, N.
|e author
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| 700 |
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|a Wang, H.
|e author
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| 700 |
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|a Wang, P.
|e author
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| 773 |
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|t International Review of Financial Analysis
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