The stock market is viewed as a complex dynamic system, and investor sentiment has an
important impact on index fluctuation. This study constructs investor sentiment from margin …

Previous studies rarely discuss the effect of margin trading on future stock price crash risk,
though margin trading is often blamed for destabilizing stock market. We propose three …

Purpose This paper examines the evolving landscape of accounting and finance research
on the Chinese capital market, building on a previous study published at Abacus in 2018.

This research investigates the influence of a margin-trading and short-selling pilot program
on the left-tail risk of equities, utilizing A-share stock data in China from January 2004 to July …

We examine the effect of Chinese OTC equity options on the underlying stock information
efficiency by using the standardisation of the OTC options market as an exogenous event …

Using Chinese equity data from April 2009 to August 2020, we contribute to the literature by
exploring the impact of short selling on stock prices in three aspects. First, we find that as …

Using a unique dataset from Chinese stock markets, we quantify the actual effect regret has
upon investors' stock trading behaviour. We find that experienced regret over the type of …

This study explores whether information on internet stock bulletin board systems (BBS) is
valuable for stock return prediction, taking advantage of data derived from the biggest stock …

This paper develops a novel investor sentiment index using a MF-DFM based on ten years'
worth of daily trading data of the CSI 300 index. By employing a TVP-SV-VAR model, it …

The literature offers contradictory views on the informativeness of margin trading using
various measures of information content. Utilising data from a Chinese margin‐trading pilot …