Chen, Gong-meng; Rui, Oliver; Wang, Steven - In: Review of Quantitative Finance and Accounting 25 (2005) 2, pp. 159-182
We examine the effectiveness of price limits on Chinese A shares and investigate the characteristics of those stocks that hit their price limits more frequently. We find that the effect of price limits is asymmetric for the A shares in upward and downward price movements and different for...
