This study examines the causal effect of stock market liberalization on opportunistic insider
sales. Using China's “Shanghai/Shenzhen-Hong Kong Stock Connect” pilot programs as …

This study demonstrates an investigation of the external corporate governance effect of short
selling mechanisms on firm value in the Chinese context. The effect of family businesses is …

Purpose Recent decade has witnessed exponential growth in e-commerce segment,
leading to emergence of various online selling platforms catering to diverse product …

In this paper, we empirically investigate the impacts of the circuit breaker mechanism
installed in the Shanghai Stock Exchange using high-frequency intraday data. We find that …

Using the Regulation SHO program as a quasi-experiment, we document that the threat of
short selling has a negative effect on the volume of opportunistic insider selling and a …

The aim of this study is to examine the effect of short-selling deregulation on the financial
performance of SMEs in China. The external governance role of short-selling is also tested …

We employ a novel interest rate‐determined model‐switching strategy to forecast stock
returns and find persistent predictive ability among a number of economic fundamentals …

The literature offers contradictory views on the informativeness of margin trading using
various measures of information content. Utilising data from a Chinese margin‐trading pilot …

We evaluate the implications of the MAX effect in the Chinese financial market. First, the
MAX effect prevails in China: A zero-cost MAX strategy, which goes long (short) stocks with …

The aim of this study is to examine the effect of short-selling deregulation on the financial
performance of SMEs in China. The external governance role of short-selling is also tested …