Fifield, Suzanne G.M.; Jetty, Juliana - In: Research in International Business and Finance 22 (2008) 3, pp. 351-361
This paper examines the efficiency of the Chinese A-share and B-share markets following the deregulation of the B-share market which widened ownership to include domestic investors. Applying parametric and non-parametric variance ratio tests to the daily data of 370 shares over 1996-2005, the...