Empirical Analysis on China IPO Underpricing Phenomenon Based on Investor Sentiment and Issuing System Reforms
This study investigates the causes of the abnormal high initial returns of 963 companies making an initial public offering (IPO) of A-shares during 2006 and 2011 on Shanghai and Shenzhen stock exchanges in China. To find whether the high initial return of IPO shares comes from primary market or seco...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2013
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| Online Access: | https://eprints.nottingham.ac.uk/26448/ |