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What causes the underpricing of H shares' IPO.
- Publication Year :
- 2005
-
Abstract
- Yuan Shuo.<br />Thesis (M.Phil.)--Chinese University of Hong Kong, 2005.<br />Includes bibliographical references (leaves 49-53).<br />s in English and Chinese.<br />Chapter CHAPTER 1 --- Introduction --- p.1<br />Chapter CHAPTER 2 --- Literature Review --- p.4<br />Chapter 2.1 --- Worldwide IPO Underpricing --- p.4<br />Chapter 2.2 --- IPO Underpricing in China --- p.10<br />Chapter CHAPTER 3 --- New Explanations for IPO Underpricing --- p.12<br />Chapter CHAPTER 4 --- "Data, Methodology and Empirical Results" --- p.15<br />Chapter 4.1 --- Data --- p.15<br />Chapter 4.2 --- Methodology --- p.19<br />Chapter 4.3 --- Models and Empirical Results --- p.27<br />Chapter 4.31 --- Underpricing Level Is Measured by the Percentage Difference Between the First Day's Closing Price and the Offer Price --- p.27<br />Chapter 4.32 --- Underpricing Level Is Measured by the Percentage Difference Between the Average Price of the First Fifteen Trading Days' Closing Prices and the Offer Price --- p.34<br />Chapter 4.33 --- Underpricing Level Is Measured by the Percentage Difference Between the Average Price of the First Seven Trading Days' Closing Prices and the Offer Price --- p.38<br />Chapter 4.34 --- Underpricing Level Is Measured by the Percentage Difference Between the Average Price of the First Three Months' Closing Prices and the Offer Price. --- p.42<br />Chapter CHAPTER 5 --- Conclusion --- p.47<br />REFERENCE --- p.49<br />APPENDIX 1 Detailed Regression Results --- p.54<br />APPENDIX 2 The Issue Price and Stock Price Movement after IPO for Each Sample Firm --- p.70<br />http://library.cuhk.edu.hk/record=b5892341<br />Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Details
- Database :
- OAIster
- Notes :
- China, Hong Kong, China, Hong Kong, China, Hong Kong, print, vi, 82 leaves : ill. ; 30 cm., English, Chinese
- Publication Type :
- Electronic Resource
- Accession number :
- edsoai.on1365277631
- Document Type :
- Electronic Resource