The Law of One Price and Arbitrage on China’s Dual-Listings in Hong Kong and New York

Traditionally, arbitrage refers to simultaneously buying and selling the same financial assets by taking advantage of a price difference in two or more markets. However, the strict sense of arbitrage is hardly obtained after consideration the issues concerning transaction costs and time value of mon...

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Bibliographic Details
Main Authors: Liu, Lixian, Bogomolov, Timofei
Format: Article
Language:English
Published: Universiti Utara Malaysia 2012
Subjects:
Online Access:http://repo.uum.edu.my/25023/1/IJBF%209%202%202012%2058%2076.pdf
http://repo.uum.edu.my/25023/
http://ijbf.uum.edu.my/index.php/previous-issues/146-the-international-journal-of-banking-and-finance-ijbf-vol-9-no-2-june-2012
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Institution: Universiti Utara Malaysia
Language: English