Chinese economic policies have been viewed as models for developing countries because of China's remarkable economic growth rate since 1978. This success is attributable primarily to various sound economic plans. They include economic reforms such as different economic zones, provision of...

The venture capital industry in China has been developing rapidly since the early 1990s and venture capital has been playing a more and more important role in the development of small and medium-sized businesses, particularly those in the high-tech industry. The authorities recently adopted more...

This article discusses the initial public offerings (IPO) market in China and reviews the literature on IPO underpricing. A variety of reasons for underpricing are examined, including information asymmetry, ex ante uncertainty, signaling hypothesis, ownership dispersion, and market feedback....

Over the past two decades, real estate has evolved from government-controlled to a commercial product, emerging and developing into an important component of China's financial markets. Although the overall gross domestic product (GDP) and income levels have been growing rapidly, the even-faster...

This study examines the performance of China-focused mutual funds using monthly returns for the five years from 2004 through 2008. A two-beta model is used to examine the performance of the fund managers in two aspects: (1) ability to select high-performance stocks, and (2) ability to load up on...