LIBROS DEL AUTOR: tongshan ying

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  • Developing Short-Selling on the Mainland Chinese Equity Markets
    James Clunie / Tongshan Ying
    Short-selling is not currently permitted on the mainland Chinese stock exchanges, but is allowed in most other major stock markets.We review the theory and evidence on liquidity, price discovery and market efficiency associated with securities lending and short-selling. The evidence highlights a number of benefits and also risks associated with these practices. We describe the ...
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