Advanced search

Found 2 essays matching the above criteria.

  1. 1. Ownership restriction and stock price: Empirical study from Chinese stock market

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Xiaofang Li; Tian Rong Jiang; [2008]
    Keywords : A share; H share; Market Segmentation; Ownership restriction; Required return;

    Abstract : Market segmentation and restrictions on investment options lead to different required return by different groups of investors and thus result in different pricing of shares that are for domestic investors only and shares that are available to foreign investors even when the two types of shares have same rights on dividends and control over the company. Normally the domestic-only shares trade at a discount compared to their corresponding shares available to foreigners however the A shares and H shares in the Chinese stock market shows an opposite pattern. READ MORE

  2. 2. A Study on the Relationship between Institutions and Economic Growth

    University essay from Institutionen för ekonomi

    Author : Yongjian (James) Li; Ning (Cindy) Yu; Xiaofang (Emily) Ding; [2005]
    Keywords : ;

    Abstract : Ningbo Hi-Tech Park is a special zone in Ningbo City of China. It has seen great economic growth after its establishment. The reasons behind the astonishing economic growth have seldom been investigated. Especially, no research has been done to explain the specific economic phenomena in the NHTP from the perspective of institutions. READ MORE