Since the 1980s, there has been a global wave of transfer of state assets to private hands. China is a relatively late …-Yun Ma argues that China's privatization is not based on any grand blueprint; rather, it is privatization by "groping for … participation in China's privatization and the role of the state -- 6. China's privatization through listing state enterprises in …

The establishment of the Shanghai Stock Exchange in December 1990 was a landmark in China's institutional … assess the operational performance of listed companies, and changes in the external environment such as the impact of China … name a few. They argue that the fundamental reason for the inefficiency of China's stock market is the weakness of the …