Essays about: "QFII"
Found 2 essays containing the word QFII.
-
1. The impact of the QDII reform on the Chinese AH share price premium
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper examines one of the most distinct characteristics of the Chinese stock market, i.e. the persistent share price premium between shares restricted to domestic investors, traded in the two Mainland China stock exchanges, and the equivalent shares restricted to foreign investors, traded on the Hong Kong stock exchange. READ MORE
-
2. Modeling Price Differentials between A Shares and H Shares on the Chinese Stock Market
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : In this paper, we model the price differentials between A shares and H shares in the Chinese stock markets with both macroeconomic factors and firm specific factors, which successfully explain the A share price premium. Discounts of H-share prices relative to A-share prices are related to the contemporaneous movements of the H-share local market index relative to the A-share local market index, the spread of interest rates and inflation rates between Hong Kong and mainland China as well as firm size, liquidity and volatility of the stock. READ MORE