DO FIRM CHARACTERISTICS AFFECT PRICE DISCOVERY? EVIDENCE FROM CHINESE CROSS-LISTED STOCKS

This study examines the price movement relationship for Chinese firms that cross-list their shares on the Hong Kong Stock Exchange and the Shanghai Stock Exchange or Shenzhen Stock Exchange in mainland China. We estimate the coefficients of adjustment speed between the two markets by conducting a u...

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Những tác giả chính: Yen-Sheng Lee, Yi-Heng Tseng
Định dạng: Bài viết
Ngôn ngữ:English
Được phát hành: Faculty of Economics, University of Tuzla 2021-11-01
Loạt:Economic Review
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Truy cập trực tuyến:http://er.ef.untz.ba/index.php/er/article/view/50