NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

Chinese Capital Market: An Empirical Overview

Grace Xing Hu, Jun Pan, Jiang Wang

NBER Working Paper No. 24346
Issued in February 2018
NBER Program(s):Asset Pricing, International Finance and Macroeconomics

The Chinese capital market, despite its relative short history in its modern form, has experienced a tremendous growth and is now the second largest in the world. Due to China's tight capital controls, the development of its capital market has mostly been isolated from and hence not been well understood by the rest of the world. Yet, this state of isolation is bound to change substantially as China becomes more integrated into the global financial system. In this paper, we provide an empirical overview of the Chinese capital market: its historical development and main empirical characteristics.

You may purchase this paper on-line in .pdf format from SSRN.com ($5) for electronic delivery.

Access to NBER Papers

You are eligible for a free download if you are a subscriber, a corporate associate of the NBER, a journalist, an employee of the U.S. federal government with a ".GOV" domain name, or a resident of nearly any developing country or transition economy.

If you usually get free papers at work/university but do not at home, you can either connect to your work VPN or proxy (if any) or elect to have a link to the paper emailed to your work email address below. The email address must be connected to a subscribing college, university, or other subscribing institution. Gmail and other free email addresses will not have access.

E-mail:

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w24346

Users who downloaded this paper also downloaded* these:
Song and Xiong w24230 Risks in China’s Financial System
Wei w24330 Managing Financial Globalization: Insights from the Recent Literature
Camanho, Hau, and Rey w24320 Global Portfolio Rebalancing and Exchange Rates
Fowlie, Wolfram, Spurlock, Todd, Baylis, and Cappers w23553 Default Effects and Follow-On Behavior: Evidence from an Electricity Pricing Program
Gerko and Rey w23651 Monetary Policy in the Capitals of Capital
 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us