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A Review of Market Segmentation and Inefficiencies of the Chinese Stock Market

Author

Listed:
  • Shuang Feng

    (Edinboro University, USA)

  • Jon T. Stewart

    (BSI Financial Services, Titusville, PA, USA)

Abstract

The Chinese stock market is an emerging market that has gained much importance over the past few decades. Because of this, it also serves as a great subject for studying market inefficiencies and anomalies. In this paper we provide a reviewof evidence regarding the development, efficiency and integration of the Chinese stock market. In particular, we review recent literature in the areas of market segmentation, cross-listings and calendar effects. This provides evidence of market inefficiency in China. We also pose questions that can be answered in future studies.

Suggested Citation

  • Shuang Feng & Jon T. Stewart, 2015. "A Review of Market Segmentation and Inefficiencies of the Chinese Stock Market," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 4(4), pages 18-28, October.
    • Handle: RePEc:rbs:ijfbss:v:4:y:2015:i:4:p:18-28
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    References listed on IDEAS

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