How mutual funds respond to asymmetric feedback trading in China’s stock market

Previous studies show that individual investors play a dominant role in China's stock market. Their behavior of chasing-rise being stronger than killing-fall leads to asymmetry of feedback trading. Our article investigates how mutual funds react to this market force. Using China's stock an...

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Bibliographic Details
Main Authors: Die Wan, Li Yang, Xiaoguang Yang
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2024-06-01
Series:Journal of Management Science and Engineering
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2096232024000027