The long-term performance of Chinese companies listed in foreign stock markets
The listing of Chinese enterprises in foreign stock markets has been one of the most important financial phenomena.With indices like AR,CAR,BHAR and WR as the measures,this paper chooses Chinese firms issued on Hong Kong,Singapore,NASDAQ and New York Stock Exchanges as the sample to measure the long-term performance.We conclude that the long-term performance of these IPOs outperforms the index performance,which in a sense indicates the booming of China Concept shares.
Foreign listing IPOs Long-term performance
Shou CHEN Xiaoxiao LI Duan LIU
School of Business Administration,Hunan University,Changsha 410082
国际会议
长沙
英文
323-328
2008-10-28(万方平台首次上网日期,不代表论文的发表时间)