A Review of Market Segmentation and Inefficiencies of the Chinese Stock Market
Open Access
- 21 October 2015
- journal article
- review article
- Published by Center for Strategic Studies in Business and Finance SSBFNET in International Journal of Finance & Banking Studies (2147-4486)
- Vol. 4 (4), 18-28
- https://doi.org/10.20525/ijfbs.v4i4.36
Abstract
The Chinese stock market is an emerging market that has gained much importance over the past few decades. Because of this, it also serves as a great subject for studying market inefficiencies and anomalies. In this paper we provide a review of evidence regarding the development, efficiency and integration of the Chinese stock market. In particular, we review recent literature in the areas of market segmentation, cross-listings and calendar effects. This provides evidence of market inefficiency in China. We also pose questions that can be answered in future studies.Keywords
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