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Original Articles

Has split share structure reform improved the efficiency of the Chinese stock market?

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Pages 1061-1064 | Published online: 06 Feb 2011

References

  • Allen , F. , Qian , J. and Qian , M. 2005 . Law, finance, and economic growth in China . Journal of Financial Economics , 77 : 57 – 116 .
  • Chen , M. and Hong , Y. 2003 . Has Chinese stock market become efficient? evidence from a new approach . Lecture Notes in Computer Science , 2658 : 90 – 8 .
  • Fama , E. F. 1970 . Efficient capital markets: a review of theory and empirical work . Journal of Finance , 25 : 383 – 417 .
  • Hong , Y. M. and Lee , Y. J. 2005 . Generalized spectral tests for conditional mean models in time series with conditional heteroskedasticity of unknown form . Review of Economic Studies , 72 : 499 – 541 .
  • Li , X. 2003 . China: further evidence on the evolution of stock markets in transition economies . Scottish Journal of Political Economy , 50 : 341 – 58 .
  • Mookerjee , R. and Yu , Q. 1999 . An empirical analysis of the equity markets in China . Review of Financial Economics , 8 : 41 – 60 .

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