, and volume analysis to examine investor preferences for warrants between China and Taiwan, and investigating why the … market for warrants in China has to close while the market for Taiwan warrants is successful. Using moment analysis, it is … shown that that buying China warrants has a higher likelihood of losses than its Taiwan counterpart. Using CAPM analysis, in …

-side effect on warrant markets. The study provides a theory and supported evidence that put warrants on individual stocks are …Issuers may compete with each other by issuing similar warrants with the same underlying stocks, causing a supply … issued by third party banks in Taiwan and that they respond to overpricing of a put warrant issued by a competitor by issuing …