Demystifying China’s Stock Market : The Hidden Logic behind the Puzzles / / by Eric Girardin, Zhenya Liu

• Autore: Girardin Eric
• Pubblicazione: Cham : , : Springer International Publishing : , : Imprint : Palgrave Pivot, , 2019
• Edizione: 1st ed. 2019.
• Descrizione fisica: 1 online resource (XXI, 125 p. 15 illus., 8 illus. in color.)
• Disciplina: 330.0095; 332.64251
• Soggetto topico: Asia—Economic conditions; Capital market; Macroeconomics; Economic policy; Asian Economics; Capital Markets; Macroeconomics/Monetary Economics//Financial Economics; Economic Policy
• Persona (resp. second.): LiuZhenya
• Nota di contenuto: Chapter 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.
• Sommario/riassunto: Mainstream 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.
• Titolo autorizzato: Demystifying China’s Stock Market
• ISBN: 3-030-17123-X
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910349530503321
• Lo trovi qui: Univ. Federico II