Is the Hong Kong Stock Market Asymmetrical in Behavior?

This study uncovers that there exists asymmetrical market reaction on the positive and negative news by the TGARCH, EGARCH and EGARCH – M models.Thus, investors could use the calendar anomaly in terms of asymmetrical behavior information to avoid and reduce the risk when investing in the Hong Kong...

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Main Authors: Liew, Venus Khim-Sen, Chia, Ricky Chee-Jiun, Syed Azizi Wafa, Syed Khalid Wafa
Format: Article
Language:English
Published: EconBiz 2015
Subjects:
Online Access:http://ir.unimas.my/id/eprint/17989/
http://ir.unimas.my/id/eprint/17989/1/Is%20the%20Hong%20Kong%20Stock%20Market%20Asymmetrical%20in%20Behavior%20%28abstract%29.pdf
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author Liew, Venus Khim-Sen
Chia, Ricky Chee-Jiun
Syed Azizi Wafa, Syed Khalid Wafa
author_facet Liew, Venus Khim-Sen
Chia, Ricky Chee-Jiun
Syed Azizi Wafa, Syed Khalid Wafa
author_sort Liew, Venus Khim-Sen
building UNIMAS Institutional Repository
collection Online Access
description This study uncovers that there exists asymmetrical market reaction on the positive and negative news by the TGARCH, EGARCH and EGARCH – M models.Thus, investors could use the calendar anomaly in terms of asymmetrical behavior information to avoid and reduce the risk when investing in the Hong Kong stock market.
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institution Universiti Malaysia Sarawak
institution_category Local University
language English
last_indexed 2025-11-15T06:55:08Z
publishDate 2015
publisher EconBiz
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spelling unimas-179892017-10-09T03:54:56Z http://ir.unimas.my/id/eprint/17989/ Is the Hong Kong Stock Market Asymmetrical in Behavior? Liew, Venus Khim-Sen Chia, Ricky Chee-Jiun Syed Azizi Wafa, Syed Khalid Wafa H Social Sciences (General) This study uncovers that there exists asymmetrical market reaction on the positive and negative news by the TGARCH, EGARCH and EGARCH – M models.Thus, investors could use the calendar anomaly in terms of asymmetrical behavior information to avoid and reduce the risk when investing in the Hong Kong stock market. EconBiz 2015-01 Article PeerReviewed text en http://ir.unimas.my/id/eprint/17989/1/Is%20the%20Hong%20Kong%20Stock%20Market%20Asymmetrical%20in%20Behavior%20%28abstract%29.pdf Liew, Venus Khim-Sen and Chia, Ricky Chee-Jiun and Syed Azizi Wafa, Syed Khalid Wafa (2015) Is the Hong Kong Stock Market Asymmetrical in Behavior? The Empirical Economics Letters, 14 (1). ISSN 1681-8997 https://www.researchgate.net/publication/301548678
spellingShingle H Social Sciences (General)
Liew, Venus Khim-Sen
Chia, Ricky Chee-Jiun
Syed Azizi Wafa, Syed Khalid Wafa
Is the Hong Kong Stock Market Asymmetrical in Behavior?
title Is the Hong Kong Stock Market Asymmetrical in Behavior?
title_full Is the Hong Kong Stock Market Asymmetrical in Behavior?
title_fullStr Is the Hong Kong Stock Market Asymmetrical in Behavior?
title_full_unstemmed Is the Hong Kong Stock Market Asymmetrical in Behavior?
title_short Is the Hong Kong Stock Market Asymmetrical in Behavior?
title_sort is the hong kong stock market asymmetrical in behavior?
topic H Social Sciences (General)
url http://ir.unimas.my/id/eprint/17989/
http://ir.unimas.my/id/eprint/17989/
http://ir.unimas.my/id/eprint/17989/1/Is%20the%20Hong%20Kong%20Stock%20Market%20Asymmetrical%20in%20Behavior%20%28abstract%29.pdf