How Does the Shanghai-Hong Kong Stock Connect Policy Impact the A-H Share Premium?

Pan Junchang; Chi Jing

首页> 外文期刊>Emerging Markets Finance & Trade >How Does the Shanghai-Hong Kong Stock Connect Policy Impact the A-H Share Premium?

【24h】

How Does the Shanghai-Hong Kong Stock Connect Policy Impact the A-H Share Premium?

机译：上海港股如何股票政策如何影响A-H股票溢价？

获取原文

获取原文并翻译 | 示例

掌桥外文数据库（机构版） >>

开具论文收录证明 >>

文献代查 >>

页面导航

摘要
著录项
相似文献
相关主题

摘要

Using a monthly panel data of 56 cross-listed companies from November 2011 to November 2017, this study finds that the Shanghai-Hong Kong Stock Connect Policy significantly reduces the A-H share premium and price disparity after controlling for various factors. In addition, with the recent availability of the fund flow data between the two markets, this paper provides the new evidence that the imbalanced demand of these two markets is a main explanation for the A-H share premium variations.

机译：本研究发现，从2011年11月到2017年11月到2017年11月，使用每月56家交叉上市公司的组数据发现，在控制各种因素后，上海香港股票连接政策明显降低了A-H股票溢价和价格差距。此外，随着近期两家市场之间的基金流量数据的可用性，本文提供了新的证据表明这两个市场的不平衡需求是A-H股票溢价变化的主要解释。

著录项

来源
《Emerging Markets Finance & Trade》 |2021年第9期|1912-1928|共17页
作者
Pan Junchang; Chi Jing;
展开▼
作者单位

Nanjing Agr Univ Sch Finance Nanjing Jiangsu Peoples R China;

Massey Univ Sch Econ & Finance Palmerston Noth 4442 New Zealand;

展开▼
收录信息
原文格式 PDF
正文语种 eng
中图分类
关键词
Market segmentation; A-H share premium; the Shanghai-Hong Kong stock connect;

机译：市场细分;A-H股票溢价;上海 - 港股股票连接;

相似文献

外文文献
中文文献
专利

1. Does the Shanghai-Hong Kong Stock Connect significantly affect the A-H premium of the stocks? [J] . Hui Eddie C. M., Chan Ka Kwan Kevin Physica, A. Statistical mechanics and its applications . 2018,第期

机译：上海港股的股票连接是否会影响股票的A-H溢价？
2. Policy Impact on the Chinese Stock Market: From the 1994 Bailout Policies to the 2015 Shanghai-Hong Kong Stock Connect [J] . Yang-Chao Wang, Jui-Jung Tsai, Qiaoqiao Li International Journal of Financial Studies . 2017,第1期

机译：政策对中国股票市场的影响：从1994年的救助政策到2015年的沪港通
3. Herding Behavior between Chinese and Hong Kong Stock Market—Based on Shanghai-Hong Kong Stock Connect Policy [J] . Limin He Modern Economy . 2020,第4期

机译：基于上海股市股份制股票交易政策
4. Research on the Influence of Shanghai-Hong Kong Stock Connect on the Degree and Speed of Underlying Stock Information Response [C] . Yanliang Zhang, Qingchao Bai, Leya Zhang International Conference on Arts, Humanity and Economics, Management . 2020

机译：上海港股对潜在股票信息响应程度和速度的影响研究
5. Monetary policy and the stock market in China: Short term and long term impacts on the development of Chinese stock markets. [D] . Lu, Shuoyi. 2015

机译：中国的货币政策和股市：对中国股市发展的短期和长期影响。
6. Economic impact and policy implications from urban shared transportation: The case of Pittsburgh’s shared bike system [O] . Konstantinos Pelechrinis, Christos Zacharias, Marios Kokkodis, -1

机译：城市共享交通的经济影响和政策影响：匹兹堡共享自行车系统的案例

How Does the Shanghai-Hong Kong Stock Connect Policy Impact the A-H Share Premium?

摘要

著录项

相似文献

相关主题

期刊订阅