The Impact of Shanghai-Hong Kong Stock Connect Policy on Price Difference and Announcement Effects

This paper investigates the impact of “Shanghai-Hong Kong Stock Connect Policy” on price difference and announcement effects of A Shares and H Shares, using daily data from Aug., 2014 to Feb., 2015. Data were obtained from Bloomberg. To be comparable, we collect simultaneous trading data. We find that listed time and SSE 180 sample share variables have a significant effect on price difference. The price difference after Shanghai-Hong Kong Stock Connect Policy is bigger than the price difference before Shanghai-Hong Kong Stock Connect Policy. Moreover, we find that implementation of the Shanghai-Hong Kong Stock Connect Policy has announcement effects

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Year of publication:	2017
Authors:	huang, Han-Ching Samprass
Other Persons:	Lin, Jyuan-Huei (contributor)
Publisher:	[2017]: [S.l.] : SSRN
Subject:	Ankündigungseffekt \| Announcement effect \| Hongkong \| Hong Kong \| Börsenkurs \| Share price

Extent:	1 Online-Ressource (8 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Global Journal of Business Research, v. 10 (3) p. 1-7 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2016 erstellt
Classification:	G14 - Information and Market Efficiency; Event Studies ; G34 - Mergers; Acquisitions; Restructuring; Corporate Governance
Source:	ECONIS - Online Catalogue of the ZBW

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