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ID083954
Title ProperChina's stock market
Other Title Informationinefficiencies and institutional implications
LanguageENG
AuthorLi, Guoping
Publication2008.
Summary / Abstract (Note)The dramatic movements of China's stock market in the past two and a half years have renewed debate among academics over the efficiency of China's stock market. The present paper tests the efficiency of China's stock market. The realization of efficient markets requires the effective operation of a complete set of macro and micro mechanisms. However, such mechanisms are not only incomplete in China's stock market, but are also ineffective because of the prevalence of institutional deficiencies.
`In' analytical NoteChina and World Economy Vol. 16, No. 6; Nov-Dec 2008: p81-96
Journal SourceChina and World Economy Vol. 16, No. 6; Nov-Dec 2008: p81-96
Key WordsChina's Stock Market - Efficient Market - Short Sale ;  Efficient Market - Short Sale - China's Stock Market ;  Short Sale - China's Stock Market - Efficient Market