DocumentCode
3468254
Title
Empirical Research on the Split Share Reform´s Effect on Stock Price in China
Author
Zhang, Ge ; Li, Handong
Author_Institution
Dept. of Sci. of Syst., Beijing Normal Univ., Beijing
fYear
2008
fDate
12-14 Oct. 2008
Firstpage
1
Lastpage
4
Abstract
The key for the Split Share Reform in Chinese stock market is the ratio of payment of share, which is compensation to the current share stockholders. If the price changes comprehensively according to some certain rules that are independent of the ratio of the payment, the expectant effect of compensation brought by the payment of share will be warped. This paper studies the relationship between the price sensitivity and the ratio of payment and finds that the Split Share Reform doesn´t have significant Effect on the fluctuation of stock price.
Keywords
share prices; stock markets; split share reform effect; stock market; stock price; Data analysis; Data mining; Eigenvalues and eigenfunctions; Fluctuations; Linear regression; Pricing; Principal component analysis; Sampling methods; Stochastic processes; Stock markets;
fLanguage
English
Publisher
ieee
Conference_Titel
Wireless Communications, Networking and Mobile Computing, 2008. WiCOM '08. 4th International Conference on
Conference_Location
Dalian
Print_ISBN
978-1-4244-2107-7
Electronic_ISBN
978-1-4244-2108-4
Type
conf
DOI
10.1109/WiCom.2008.2377
Filename
4680566
Link To Document