Abstract We examine ChiNext IPOs' performance before and after the 2013 stock market reform. Majority of firm-level characteristics differ significantly over the two sub-periods. The …
Q Deng, Z Zhou - Review of Quantitative Finance and Accounting, 2016 - Springer
We study the listing day opening price return and compare it with the closing price return for ChiNext IPOs after the China Securities Regulatory Commission (CSRC) adopted a new …
This paper studies overreaction in initial returns for ChiNext IPOs. We hypothesize the initial return contains a fundamental underpricing and an overreaction. The fundamental is …
Q Deng, Z Zhou - Chinese Economy, 2015 - Taylor & Francis
This paper reexamines the driving forces for the first day initial return for ChiNext IPOs. We start from screening 29 potential explanatory variables, 4 policy break dummies, and 2 …
This paper examines what determines the offer price for a ChiNext IPO and discusses how we can improve the current “Chinese-style” bookbuilding process. We establish that the …
A Boudriga, S Ben Slama, N Boulila - 2009 - mpra.ub.uni-muenchen.de
This paper empirically analyzes the short run performance of Tunisian initial public offerings (IPO). It sheds light on the determinants of IPO's in a context of a frontier market …
This commentary presents the logical connections between and among seven published papers in order to demonstrate that these papers form a comprehensive and coherent …
A Marszk - International Business and Global Economy, 2014 - ejournals.eu
G³ównym celem tego artyku³u jest przeœledzenie zmian, które zasz³y na rynku akcji w Chiñskiej Republice Ludowej (tzn. na rynku skoncentrowanym wokó³ gie³d papierów …
SR Paudel - Journal of Nepalese Management Academia, 2023 - nepjol.info
This paper examines the under-pricing and performance of IPO for six months period using the model of under-pricing. Overall, 67 samples are analyzed out of 120 population …