Price Limit, Superior Information and Investor Behavior： Evidence from China Stock Market
The mechanism of price limit impacts on informed traders＇ behavior. To find out what effects related to price limit, three hypotheses caused by price limit are analyzed. Comprehensive method of event study and comparative grouping is used to test the performance of price limit in Chinese stock marke...
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| Veröffentlicht in: | Dong Hua da xue xue bao. Zi ran ke xue ban. 2007, Vol.24 (4), p.560-564 |
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| container_title | Dong Hua da xue xue bao. Zi ran ke xue ban. |
| container_volume | 24 |
| creator | 范利民 龙正平 朱宝军 |
| description | The mechanism of price limit impacts on informed traders＇ behavior. To find out what effects related to price limit, three hypotheses caused by price limit are analyzed. Comprehensive method of event study and comparative grouping is used to test the performance of price limit in Chinese stock market. The result of test indicates that price limit policy impedes fulfillment of traders and delays the discovery of stock price so it should be abolished. |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 1672-5220 |
| ispartof | Dong Hua da xue xue bao. Zi ran ke xue ban., 2007, Vol.24 (4), p.560-564 |
| issn | 1672-5220 |
| language | eng |
| recordid | cdi_wanfang_journals_dhdxxb_e200704026 |
| source | Alma/SFX Local Collection |
| subjects | 价格限额 延期交易 证券市场 |
| title | Price Limit, Superior Information and Investor Behavior： Evidence from China Stock Market |
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