An empirical investigation on China’s IPO first-day return after new regulation
The positive first-day return is recurring around the world and some research find China has the largest first-day gains. In order to solve this problem, China, in 2014, has promulgated a new regulation to limit the first-day maximum return to 44%. However, its effect is still unknown. Therefore, th...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2018
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| Online Access: | https://eprints.nottingham.ac.uk/53524/ |