This paper shows that, counter to common perception, stock prices in China are strongly linked to firm fundamentals …. Price informativeness is significantly correlated with corporate investment efficiency. For international investors, China …

We examine the stock price reactions to the mass inclusion of China A-shares in the Morgan Stanley Capital …

China is the world's largest investor and greatest contributor to global economic growth by wide margins. The … that China's stock market has a crucial role to play. Since the reforms of the last decade, China's stock market has become …, growth stocks, and long shots, and they discount for illiquidity and market risk. China's stock market no longer deserves its …

China's pension system is facing a large gap of more than one trillion RMB. The investment efficiency of the social …

correlations with the yield on bellwether bond of the Bank of China. We did not notice any spike of illiquidity transmitting from … the US Flash Crash in May 2010 to trading in China …

This paper sheds light on the similarities and differences with respect to the presence of anomalies in the China A …-share market and other markets. To this end, we examine the existence of 32 anomalies in the China A-share market over the period … 2000-2019. We find that value, risk, and trading anomalies carry over to China A-shares. Evidence for anomalies in the size …