Does switching trading venues create value? Evidence from Hong Kong

Purpose – The purpose of this paper is to study whether switching trading venues create value in the Hong Kong stock market. Design/methodology/approach – By using an event study, the paper investigates the abnormal returns (AR) earned by firms in the Growth Enterprise Market (GEM) relating to switc...

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Bibliographic Details
Main Author: Johnny K.H. Kwok
Format: Article
Language:English
Published: Emerald Publishing 2020-09-01
Series:Journal of Asian Business and Economic Studies
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JABES-09-2019-0080/full/pdf?title=does-switching-trading-venues-create-value-evidence-from-hong-kong