Ahlgren, Niklas; Sjö, Bo; Zhang, Jianhua - Nationalekonomiska institutionen, Handelshögskolan - 2008
In this paper we study market segmentation and information flows in China’s stock markets. By using panel data methods we test for a unit root in the price premium of domestic investors' A shares over foreign investors’ B shares as well as cointegration between the prices of the A and B...