On Stock Return Patterns Following Large Weekly Price Movements: The Case of Hong Kong

• المؤلف الرئيسي: LU, Yue
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2009
• الموضوعات: stock price movements; post-event performance; efficient market hypothesis; Portfolio and Security Analysis
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/etd_coll/32; https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1031&context=etd_coll

In this paper, I examine the short-run and long-run performance of the largest 49 stocks in Hong Kong market which experience weekly price movements of more than ±10% between 1999 and 2007. For both decline and increase events, one-week significant reversal is documented. But such reversal in return...