The Hong Kong growth enterprise market: its first year of inception.

by Chan Tsz Kit, Lee Wing Chun, Vincent.
Thesis (M.B.A.)--Chinese University of Hong Kong, 2001.
Includes bibliographical references (leaves 50-52).
p.ii
TABLE OF CONTENTS --- p.iii
LIST OF TABLES AND FIGUARES --- p.v
Chapter
Chapter I. --- INTRODUCTION --- p.1
Background and Features of GEM --- p.2
Features of Small Cap Companies --- p.4
Market Statistics --- p.5
Number of IPO in the Market --- p.5
IPO Fund Raised in the Market --- p.6
IPO Fund Raised by Type --- p.7
Business Nature of Listed Firms --- p.8
Performance of GEM Market in Terms of GEI --- p.9
GEM Corporate Governance --- p.10
Two GEM Listing Rules Non-compliance Cases to Date --- p.10
Other Controversy Issues of GEM --- p.11
Selective wavier by tom.com --- p.11
General relaxation of listing rules --- p.12
Property acquisition by Timeless Software --- p.13
Errors made by GEM companies --- p.13
Excessive valuation --- p.14
Quality of listed company --- p.15
Undisclosed holdings of Panda-Recruit --- p.15
Chapter II. --- LITERATURE REVIEW --- p.16
Chapter III. --- DATA AND METHODOLOGY --- p.26
Data Description --- p.27
Chapter IV. --- EMPIRICAL EVIDENCE --- p.31
Intraday and Weekly Stock Returns --- p.31
Intraday Trading Volume --- p.36
Discussing Conclusion for Quantitative Studies --- p.40
Chapter V. --- QUALITATIVE STUDY OF GEM MARKET --- p.41
Factors Contributed to the Prevailing Weak Sentiment on GEM --- p.41
Blue-chip Backing --- p.41
Mega-dollar Tech Deals Sent Tech Stocks to Higher Levels --- p.42
Understanding on Issuer's Business is Key --- p.43
Major Issues GEM Faces --- p.44
Lack of Condemnation on the Listed Firms' Non-compliance --- p.44
Attractiveness for Large Cap Issuers --- p.45
Retail Investors Participation --- p.46
PRC Second Board --- p.47
Activities of Institutional Investors --- p.47
GEI - A Good Proxy of GEM's Performance? --- p.48
Discussing Conclusion for Qualitative Studies --- p.49
BIBIOGRAPHY --- p.50
http://library.cuhk.edu.hk/record=b5890570
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