Price and volume effects for stocks traded under the CPF approved investment scheme (AIS) : the new evidence

• Main Authors: Ong, Chi Ning, Tan, Chay Jee, Yan, Chway Leng
• Other Authors: Sun Qian
• Format: Final Year Project
• Language: English
• Published: 2015
• Subjects: DRNTU::Business::Finance
• Online Access: http://hdl.handle.net/10356/63036
• Institution: Nanyang Technological University

The CPF Liberalisation Scheme was first announced on 26 January 1993 by our senior Minister, Mr Lee Kuan Yew. The announcement was welcomed by many businessmen and professionals, who see that it will help to boost the stock market and increase market liquidity. Our study examines the price and v...