Gannon, Gerard; Zhou, Yuwei - In: International Review of Financial Analysis 17 (2008) 3, pp. 491-506
The extremely high A-share underpricing in China's primary market provides us with a very interesting area of empirical research. Previous studies on China's IPO underpricing have been suggestive, but inconclusive. A significant decline in A-share underpricing is found in 2003 relative to...
