Measuring the market impact of the Shanghai-Hong Kong Stock 
Connect Program : an event study analysis

Rice, Sonya Nicole

dc.contributor.advisor	Dodds, J. C. (James Colin)
dc.coverage.spatial	Hong Kong (China)
dc.coverage.spatial	Shanghai (China)
dc.creator	Rice, Sonya Nicole
dc.date.accessioned	2016-01-15T14:56:02Z
dc.date.available	2016-01-15T14:56:02Z
dc.date.issued	2015
dc.identifier.uri	http://library2.smu.ca/xmlui/handle/01/26447
dc.description	1 online resource (vii, 48 p.) : ill.
dc.description	Includes abstract and appendices.
dc.description	Includes bibliographical references (p. 32-34).
dc.description.abstract	Financial liberalization in the PRC has been a gradual process. The most recent liberalization effort was the Shanghai-Hong Kong Stock Connect program which represents the first program allowing direct access between the Shanghai Stock Exchange and the Stock Exchange of Hong Kong. This study analyzes the stock price impact arising from this program for various subsets of both markets using a regression model event study analysis. The data suggest a positive abnormal return for eligible A shares on the SSE with 1% level of significance, whereas the data suggest a negative impact on the eligible shares of the SEHK, with 5% level of significance. The program's impact on the B share market of the SSE was statistically insignificant.	en_CA
dc.description.provenance	Submitted by Greg Hilliard (greg.hilliard@smu.ca) on 2016-01-15T14:56:02Z No. of bitstreams: 1 Rice_Sonya_MRP_2015.pdf: 335134 bytes, checksum: 7040c5f0fef441a9e972053d4caf2c6c (MD5)	en
dc.description.provenance	Made available in DSpace on 2016-01-15T14:56:02Z (GMT). No. of bitstreams: 1 Rice_Sonya_MRP_2015.pdf: 335134 bytes, checksum: 7040c5f0fef441a9e972053d4caf2c6c (MD5) Previous issue date: 2015-09-14	en
dc.language.iso	en	en_CA
dc.publisher	Halifax, N.S. : Saint Mary's University
dc.title	Measuring the market impact of the Shanghai-Hong Kong Stock Connect Program : an event study analysis	en_CA
dc.type	Text	en_CA
thesis.degree.name	Master of Finance
thesis.degree.level	Masters
thesis.degree.discipline	Finance, Information Systems, & Management Science
thesis.degree.grantor	Saint Mary's University (Halifax, N.S.)