The Chinese correction of February 2007 : how financial hierarchies change in a market crash

• المؤلفون الرئيسيون: Choi, Wen Ting, Damodaran, Mridula, Cheong, Siew Ann, Teh, Boon Kin, Goo, Yik Wen, Lian, Tong Wei, Ong, Wei Guang
• مؤلفون آخرون: School of Electrical and Electronic Engineering
• التنسيق: مقال
• اللغة: English
• منشور في: 2015
• الموضوعات: DRNTU::Business::International business::Statistics
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/96390; http://hdl.handle.net/10220/38496
• المؤسسة: Nanyang Technological University

We analyzed 546 stocks in the Singapore Stock Exchange (SGX) and 1173 stocks in the Hong Kong Stock Exchange (HKSE) in 2006 and 2007, to understand how financial hierarchies on these two markets change over market corrections and crashes. To do so, we introduced the digital cross correlation as a me...