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