The Explanation of the Abnormal Phenomena and Normal Investor’s Irrational Behavior in the Chinese A Stock Market from the

Abstract I am very interested in the factors that affect investors’ decision-making process, and I think behavioral finance theory can be a good alternative to account for the anomalies of the Chinese stock market. In this dissertation, I will use behavioral finance theories to find out what factors...

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Main Author: Fu, Qiang
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27128/
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author Fu, Qiang
author_facet Fu, Qiang
author_sort Fu, Qiang
building Nottingham Research Data Repository
collection Online Access
description Abstract I am very interested in the factors that affect investors’ decision-making process, and I think behavioral finance theory can be a good alternative to account for the anomalies of the Chinese stock market. In this dissertation, I will use behavioral finance theories to find out what factors and motives cause the anomalies in the growth enterprise module in the Chinese stock market and whether over-confidence effect have positive impact on the Chinese stock market trading volume. I will also execute questionnaire survey to observe whether irrational behaviors such as over-confidence, herd behavior, disposition effect and home biases are common problems among the Chinese investors, and try to account for the stories behind these irrational behaviors. In addition, I am also an individual investor and personally find that it is very difficult to be rational in the market. When I was trading I always have irrational trading behaviors, so I would like to observe how these behaviors affect people’s decision-making process when they construct their portfolios. This is also why I choose this dissertation topic. Based on my observations, I will also present recommendations for investors to help them outperform the Chinese stock market. I hope that my contribution from this article could give other investors who are interested in the Chinese stock market empirical reference.
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spelling nottingham-271282017-10-19T13:55:12Z https://eprints.nottingham.ac.uk/27128/ The Explanation of the Abnormal Phenomena and Normal Investor’s Irrational Behavior in the Chinese A Stock Market from the Fu, Qiang Abstract I am very interested in the factors that affect investors’ decision-making process, and I think behavioral finance theory can be a good alternative to account for the anomalies of the Chinese stock market. In this dissertation, I will use behavioral finance theories to find out what factors and motives cause the anomalies in the growth enterprise module in the Chinese stock market and whether over-confidence effect have positive impact on the Chinese stock market trading volume. I will also execute questionnaire survey to observe whether irrational behaviors such as over-confidence, herd behavior, disposition effect and home biases are common problems among the Chinese investors, and try to account for the stories behind these irrational behaviors. In addition, I am also an individual investor and personally find that it is very difficult to be rational in the market. When I was trading I always have irrational trading behaviors, so I would like to observe how these behaviors affect people’s decision-making process when they construct their portfolios. This is also why I choose this dissertation topic. Based on my observations, I will also present recommendations for investors to help them outperform the Chinese stock market. I hope that my contribution from this article could give other investors who are interested in the Chinese stock market empirical reference. 2014-09-02 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/27128/1/Final_version_The_Explanation_of_the_Abnormal_Phenomena_in_the_Chinese_Stock_Market_from_the_Prospective_of_Behavioral_Finance11.pdf Fu, Qiang (2014) The Explanation of the Abnormal Phenomena and Normal Investor’s Irrational Behavior in the Chinese A Stock Market from the. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Fu, Qiang
The Explanation of the Abnormal Phenomena and Normal Investor’s Irrational Behavior in the Chinese A Stock Market from the
title The Explanation of the Abnormal Phenomena and Normal Investor’s Irrational Behavior in the Chinese A Stock Market from the
title_full The Explanation of the Abnormal Phenomena and Normal Investor’s Irrational Behavior in the Chinese A Stock Market from the
title_fullStr The Explanation of the Abnormal Phenomena and Normal Investor’s Irrational Behavior in the Chinese A Stock Market from the
title_full_unstemmed The Explanation of the Abnormal Phenomena and Normal Investor’s Irrational Behavior in the Chinese A Stock Market from the
title_short The Explanation of the Abnormal Phenomena and Normal Investor’s Irrational Behavior in the Chinese A Stock Market from the
title_sort explanation of the abnormal phenomena and normal investor’s irrational behavior in the chinese a stock market from the
url https://eprints.nottingham.ac.uk/27128/