Testing Weak-Form Efficiency of The Chinese Stock Market and Hong Kong Stock Market

This study examines the random walk hypothesis to determine the validity of weak-form efficiency for Shanghai, Shenzhen and Hong Kong Stock Exchanges. Daily returns from 2001-2010 for Shanghai A and B shares, Shenzhen A and B shares and Hong Kong Hang Seng Index are used in this study. The random wa...

Full description

Bibliographic Details
Main Author: Lei, Zhuolin
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2012
Online Access:https://eprints.nottingham.ac.uk/26105/