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

• Main Authors: Choi, Wen Ting, Damodaran, Mridula, Cheong, Siew Ann, Teh, Boon Kin, Goo, Yik Wen, Lian, Tong Wei, Ong, Wei Guang
• 其他作者: School of Electrical and Electronic Engineering
• 格式: Article
• 語言: English
• 出版: 2015
• 主題: DRNTU::Business::International business::Statistics
• 在線閱讀: https://hdl.handle.net/10356/96390; http://hdl.handle.net/10220/38496

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...