Chan, Kalok; Chan, Yue-Cheong; Fong, Wai-Ming - In: Journal of Financial Research 27 (2004) 2, pp. 179-197
The August 1998 Hong Kong government intervention in the stock market offers a natural experiment for studying the relation between a free float and market liquidity, where a free float is the portion of listed share capital that is freely traded on the market. Our findings show that, relative...
