THE DRIVING FORCES OF STOCK RETURNS IN HONG KONG

Tìm thấy 10,000 tài liệu liên quan tới tiêu đề "The driving forces of stock returns in Hong Kong":

Effect of online searches on stock returns

Effect of online searches on stock returns

I empirically test how online information seeking behavior of investors leads to an impact on asset prices. Various theoretical models assume that information seeking behavior of investors has an impact on asset prices. However, it is very difficult to empirically test this, since the actual informa[r]

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Business cycle synchronization in the asean degree and driving forces

BUSINESS CYCLE SYNCHRONIZATION IN THE ASEAN DEGREE AND DRIVING FORCES


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ABSTRACT
Business cycle synchronization can be understood as the symmetric movements of business fluctuations over a timeframe. In the event of economic shocks, the degree of business cycle synchronization will indicate if a country[r]

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Noise trader risk: Evidence from Vietnam stock market

Noise trader risk: Evidence from Vietnam stock market

This paper investigates the existence of noise trader risk in Vietnam’s stock market and its effect on the daily returns of stock prices. The methodologies contain the estimation of GARCH (1,1) model to filter the residuals using the moving average method to calculate the impact of information trade[r]

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An empirical examination of returns on select ASIAN stock market indices

An empirical examination of returns on select ASIAN stock market indices

This study empirically examines the correlation among the returns of six select Asian stock market indices of India, China, Japan, Hong Kong, Singapore, and Taiwan. The study is conducted over a longer time period of 2000 – 2012. The correlation results provide useful information for foreign institu[r]

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Difficulties in speaking with foreign suppliers the case of Purchasing Department staff in Red River Manufacturing Joint Stock Company

Difficulties in speaking with foreign suppliers the case of Purchasing Department staff in Red River Manufacturing Joint Stock Company

Difficulties in speaking with foreign suppliers the case of Purchasing Department staff in Red River Manufacturing Joint Stock Company Difficulties in speaking with foreign suppliers the case of Purchasing Department staff in Red River Manufacturing Joint Stock Company Difficulties in speaking with[r]

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Modelling day of the week effect on the Zimbabwe stock exchange

Modelling day of the week effect on the Zimbabwe stock exchange

The objective of the study was to relate the overall stock market returns to the individual returns of trading days (Monday, Tuesday, Wednesday, Thursday and Friday). The aim was to establish whether returns of trading days were statistically different from each other. The ordinary least square regr[r]

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Relationship between the product differentiation and firm performance of Japanese invested enterprises (JIES) in Vietnam

Relationship between the product differentiation and firm performance of Japanese invested enterprises (JIES) in Vietnam

The amazing proliferation of product choices as well as remarkable improvements in innovation activities during recent decades have become key driving forces of product differentiation, which is deemed as a sustainable competitive advantage of firms in technological-driven economy.

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Profitability and risk in relation to income diversification of Vietnamese commercial banking system

Profitability and risk in relation to income diversification of Vietnamese commercial banking system

Employing a panel data set including 37 joint-stock commercial banks covering the period from 2006 to 2013, this paper investigates the impact of income diversification on bank risk and returns. Our results show that increased income diversification results in higher rates of bank returns.

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Tài liệu Finance and Economics Discussion Series Divisions of Research & Statistics and Monetary Affairs Federal Reserve Board, Washington, D.C.: Interest Rate Risk and Bank Equity Valuations doc

TÀI LIỆU FINANCE AND ECONOMICS DISCUSSION SERIES DIVISIONS OF RESEARCH & STATISTICS AND MONETARY AFFAIRS FEDERAL RESERVE BOARD, WASHINGTON, D.C.: INTEREST RATE RISK AND BANK EQUITY VALUATIONS DOC

Because they engage in maturity transformation, a steepening of the yield curve should, all else equal, boost bank profitability. We re-examine this conventional wisdom by estimating the reaction of bank intraday stock returns to exogenous fluctuation[r]

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Effect of macro-economic factors on aggregate stock returns in the Tunisian financial market

Effect of macro-economic factors on aggregate stock returns in the Tunisian financial market

The stock market returns are known to be significantly correlated with both inflation and money growth. Nevertheless, the impact of real macroeconomic variables on aggregate equity returns has been difficult to establish, perhaps, because their effects are neither linear nor time-invariant. Therefor[r]

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The determinants of merger withdrawals’ abnormal returns in the australian market

The determinants of merger withdrawals’ abnormal returns in the australian market

The determinants of merger withdrawals’ abnormal returns in the australian market. This paper examines the abnormal returns in merger withdrawals in Australia, especially distinguishing the market response between private and public targets. We also study the determinants of those abnormal returns,[r]

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(Luận văn thạc sĩ) business cycle synchronization in the asean degree and driving forces

(Luận văn thạc sĩ) business cycle synchronization in the asean degree and driving forces

First, the ASEAN economies should continue to promote bilateral trade among its members. This mean that beside major trading partners such as the United States, the EU, China or Japan, the ASEAN economies should encourage intra-region trade. This is in[r]

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Korean STI policies in the institutional building stage

Korean STI policies in the institutional building stage

This paper also assesses outcomes of S&T policies in that period and suggests some implications to developing countries. Underlying tone of S&T policy during this period was put in institution building of domestic R&D capability building to provide the driving forces for fast S&T advancement.

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Impact of stock market liquidity on herding behaviour: A comparative study of conglomerate and consumer goods sectors

Impact of stock market liquidity on herding behaviour: A comparative study of conglomerate and consumer goods sectors

This study examined the impact of stock market liquidity on herding behaviour of investors in Nigerian stock market with focus on Conglomerate and Consumer goods sectors. Monthly data of stock returns and market capitalization for fifteen years from 2001 – 2015 were used and 28 companies'' stocks fr[r]

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MICROFACTORY PRECISION ENGINEERING (NHÀ MÁY SIÊU NHỎ GIA CÔNG SIÊU CHÍNH XÁC)

MICROFACTORY PRECISION ENGINEERING (NHÀ MÁY SIÊU NHỎ GIA CÔNG SIÊU CHÍNH XÁC)

Features of Microfactory:
• Decreased driving energies
• Decreased inertial forces
• Flexibility in manufacturing
• Fine positioning accuracy and smooth movement
• Precision manufacturing
• Eco and User friendly

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A Concise Introduction to Software Engineering docx

A CONCISE INTRODUCTION TO SOFTWARE ENGINEERING DOCX

Combining of views, however, should be done only if the relationship be- tween the views is strong and straightforward. Otherwise, putting multiple views in one diagram will clutter the view and make it confusing. The objec- tive of reveal multiple vi[r]

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The performance of trading strategies based on the ratio of option and stock volume

The performance of trading strategies based on the ratio of option and stock volume

Based on Johnson and So [11], we construct a portfolio based on the ratio of trading volume of the stock option to its underlying stock (O/S). We compare the profitability of the OS strategy with those of 52-week highs, trading volume, and price momentum strategies to examine whether OS investment r[r]

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Individual investors to drive stock market_7 ppt

INDIVIDUAL INVESTORS TO DRIVE STOCK MARKET_7 PPT

This does not mean that stock prices never move together, just that they do not have to. To continue with the example, suppose that there is a general increase in the demand for automobiles in the United States. This would positively affect the sto[r]

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CONDITIONAL HETEROSKEDASTICITY IN STOCK RETURNS EVIDENCE FROM STOCK MARKETS OF MAINLAND CHINA

CONDITIONAL HETEROSKEDASTICITY IN STOCK RETURNS EVIDENCE FROM STOCK MARKETS OF MAINLAND CHINA


subsequent years, the ARCH and GARCH models have been extended and their applications have expanded from macroeconomics to financial fields. For example, they are instrumental in option pricing, portfolio selection and risk management.
However, both of

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