China Finance Review International: Volume 10 Issue 1

Textual analysis for China’s financial markets: a review and discussion

Alan Huang, Wenfeng Wu, Tong Yu

This is a literature survey paper. The purpose of this paper is to focus on the latest developments in textual analysis on China’s financial markets, highlighting its differences…

Unveil the economic impact of policy reversals: the China experience

Swee-Sum Lam, Tao Li, Weina Zhang

The purpose of this paper is to reveal the economic impact of policy reversals related to market liberalization reforms in China.

The impact of monetary policy on option-implied stock market expectations

Xiaoyu Wang, Jia Zhai, Dejun Xie, Jingjing Jiang

The purpose of this paper is to investigate the impact of Federal Open Market Committee (FOMC) meetings and the changes of the target rates on stock market uncertainty.

The price of official-business collusion: Evidence from the stock market reaction to “Hunting the Tigers” in China

Xiaohui Hou, Shuo Li

The purpose of this paper is to investigate whether the anti-corruption campaign, “Hunting the Tigers,” incurs a significant short-term loss of shareholders’ returns.

Third-party underwriting and its effects on credit spreads and earnings management: Evidence from China’s financial bond market

Huaili Lyu, Conghui Yang

The purpose of this paper is to examine the certification and monitoring motivations of third-party underwriting and its effects on credit spreads and earnings management of bank…

Investor attention is a risk pricing factor? Evidence from Chinese investors for self-selected stocks

Dayong Dong, Keke Wu

The purpose of this paper is to empirically examine whether investor attention is a significant risk pricing factor.