LEADER 03093nam 22006495 450 001 9910349530503321 005 20250610110120.0 010 $a9783030171230 010 $a303017123X 024 7 $a10.1007/978-3-030-17123-0 035 $a(CKB)4100000009273587 035 $a(DE-He213)978-3-030-17123-0 035 $a(MiAaPQ)EBC5896965 035 $a(Perlego)3495159 035 $a(MiAaPQ)EBC30159121 035 $a(EXLCZ)994100000009273587 100 $a20190913d2019 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aDemystifying China's Stock Market $eThe Hidden Logic behind the Puzzles /$fby Eric Girardin, Zhenya Liu 205 $a1st ed. 2019. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Pivot,$d2019. 215 $a1 online resource (XXI, 125 p. 15 illus., 8 illus. in color.) 311 08$a9783030171223 311 08$a3030171221 327 $aChapter 1: Demystifying China's Stock Market: The Hidden Logic behind the Puzzles -- Chapter 2: What Does History Tell Us? The Roots of China's Modern Stock Market -- Chapter 3: A Government-Dominated Financial System -- Chapter 4: A Chinese style speculative market -- Chapter 5: The political economy of an incomplete market. 330 $aMainstream research has rationalized China's stock market on the basis of paradigms such as the institutional approach, the efficient market hypothesis, and corporate valuation principles. The deviations from such paradigms have been analyzed as puzzles of China's stock market. Girardin and Liu explore to what extent, in the perspective of Chinese cultural and historical characteristics, far from being puzzles, these 'deviations' are rather the symptoms of a consistent strategy for the design, development and regulation of a government-dominated financial system. This book will help investors, observers and researchers understand the hidden logic of the design and functioning of China's modern stock market, taking a political economy view. 606 $aAsia$xEconomic conditions 606 $aCapital market 606 $aMacroeconomics 606 $aEconomic policy 606 $aAsian Economics 606 $aCapital Markets 606 $aMacroeconomics and Monetary Economics 606 $aEconomic Policy 615 0$aAsia$xEconomic conditions. 615 0$aCapital market. 615 0$aMacroeconomics. 615 0$aEconomic policy. 615 14$aAsian Economics. 615 24$aCapital Markets. 615 24$aMacroeconomics and Monetary Economics. 615 24$aEconomic Policy. 676 $a330.0095 676 $a332.64251 700 $aGirardin$b Eric$4aut$4http://id.loc.gov/vocabulary/relators/aut$0122444 702 $aLiu$b Zhenya$4aut$4http://id.loc.gov/vocabulary/relators/aut 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910349530503321 996 $aDemystifying China?s Stock Market$92232951 997 $aUNINA