Search for Articles:

Recently Downloaded: Paper ID: ART20203193, Total 32 Articles Downloaded Today



An Empirical Study on the Impact of Stock Market Interconnection Policyon A-H Premium

Shuman Zhang

Abstract: This paper examines whether the implementation of the stock market interconnection policy reduces the A-H premium by combining the four hypothesis of impact mechanism on the A-H premium. This study conducts quantitative approach and use panel data of 81 companies within Chinese equity markets over the period of two stock interconnect policy (Shanghai-Hong Kong stock connect policy and Shenzhen-Hong Kong stock connect policy). The conclusion shows that the implementation of Shanghai-Hong Kong stock connect policy has significantly increased the A-H premium. The implementation of Shenzhen-Hong Kong stock connect does not have a significant impact on A-H premium.

Keywords: stock market interconnection policy; SH-HKSC; SZ-HKSC; A-H premium

Country: China, Subject Area: Economics

Pages: 78 - 80

Edition: Volume 8 Issue 3, March 2019

How to Cite this Article?

Shuman Zhang, "An Empirical Study on the Impact of Stock Market Interconnection Policyon A-H Premium", International Journal of Science and Research (IJSR), https://www.ijsr.net/archive/v8i3/show_abstract.php?id=26021905, Volume 8 Issue 3, March 2019, 78 - 80

Download PDF


Viewed 120 times.

Downloaded 54 times.