Yao, Shujie; Luo, Dan; Morgan, Stephen - Leverhulme Centre for Research on Globalisation and …
This paper analyzes empirically the relationship between the Shanghai Stock Exchange (SSE) Composite Index and the indexes of 10 Chinese listed banks to test whether the listing of these banks had played a role in leading the Chinese stock market. Using daily prices from 1 June 2006 to 15...