A broad analysis of the stock, bond, and real estate markets in China was conducted to investigate the policy effectiveness of using the lending rate to dampen China's real estate sector. Several important findings emerged: (1) as asset classes, the three markets do not exhibit similar patterns...

Domestic credit-rating agencies in China have been criticized for having no effect on the decisions of investors. We examine whether credit ratings and rating outlooks of the listed companies that are assigned by Chinese rating agencies have any effect on their stock returns. We use the pooled...

Over the past two decades, economic reforms have significantly changed the economy and accountancy in China. As the planned centralized economy is gradually replaced by a market-driven economy, the the profession of accountancy is emerging and playing an increasingly important role. This paper...

This article studies investor sentiment and its relation to the investment behavior of mutual fund investors in China. Using a panel threshold model, we found that investment behavior varies across investor sentiments, especially in a volatile as opposed to a stable period. The study...

iThis study examines the stock-price behavior of Chinese stock markets in the Shanghai and Shenzhen Stock Exchanges. There are strict stock-ownership restrictions in China. Foreign investors can only trade B shares, while domestic investors can only trade A shares. Under this two-tier trading...