Market segmentation and information diffusion in China's stock markets Export

@article{citeulike:1103602, abstract = {This study analyses the information diffusion between Chinese A shares (restricted to domestic investors) and B shares (restricted to foreign investors). The results show that there is an important long-run information diffusion between A and B shares. In the Shanghai stock market, information flows from foreign to domestic investors. However, in the smaller and less liquid Shenzhen stock market, the information diffusion goes in the opposite way. The direction of the information diffusion is determined by the choice of stock exchange rather than firm size.}, author = {Sjoo, Boo and Zhang, Jianhua}, citeulike-article-id = {1103602}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/S1042-444X(00)00035-9}, citeulike-linkout-1 = {http://www.sciencedirect.com/science/article/B6VGV-410MJ2N-B/2/16dbf983044e99662d959d7610ec7fc3}, doi = {10.1016/S1042-444X(00)00035-9}, journal = {Journal of Multinational Financial Management}, keywords = {diffuse}, month = {December}, number = {3-4}, pages = {421--438}, posted-at = {2007-02-12 18:31:40}, priority = {3}, title = {Market segmentation and information diffusion in China's stock markets}, url = {http://dx.doi.org/10.1016/S1042-444X(00)00035-9}, volume = {10}, year = {2000} }

TY - JOUR ID - citeulike:1103602 L3 - citeulike-article-id:1103602 N2 - This study analyses the information diffusion between Chinese A shares (restricted to domestic investors) and B shares (restricted to foreign investors). The results show that there is an important long-run information diffusion between A and B shares. In the Shanghai stock market, information flows from foreign to domestic investors. However, in the smaller and less liquid Shenzhen stock market, the information diffusion goes in the opposite way. The direction of the information diffusion is determined by the choice of stock exchange rather than firm size. IS - 3-4 JF - Journal of Multinational Financial Management EP - 438 TI - Market segmentation and information diffusion in China's stock markets VL - 10 SP - 421 KW - diffuse AU - Sjoo, Boo AU - Zhang, Jianhua PY - 2000/12// UR - http://dx.doi.org/10.1016/S1042-444X(00)00035-9 ER -