We study the trading behavior of short sellers in the presence of economic policy uncertainty (EPU). Daily short selling activity at either the aggregate level or the individual stock level is increasing in the EPU index (Baker, Bloom and Davis, 2016). EPU has great explanatory power for short...

The trading of foreign index futures by the Singapore Exchange (SGX) offers an ideal opportunity to study price discovery and information of trading across different markets. We examine four popular indices - Nikkei 225 Index, MSCI Taiwan Index, CNX Nifty Index and the FTSE China A50 Index...

We use segmented dual-class shares of Chinese firms, A shares traded in mainland China by local investors under binding capital controls and H shares traded in Hong Kong by foreign investors, to study cross sectional stock market reactions to the COVID-19 lockdown policy in China. We find...