Interpreting price momentums in Chinese stock markets

Quick Summary:

"This momentum persists for one to two days before exhibiting a reversal within a week.” In a research paper titled Daily momentum and new investors in an emerging stock market, Professor Jiang and an Associate Professor in the same department, Gao Zhenyu, along with Xiong Wei A of Shenzhen Stock Exchange and Xiong Wei of Princeton University, tried to cast light on this phenomenon.

"In daily price momentum, stocks in Chinese markets exhibiting strong performance today are likely to maintain this outperformance tomorrow,” says Jiang Wenxi, Associate Professor in the Department of Finance at the Chinese University of Hong Kong (CUHK) Business School.

"The Chinese stock market is predominantly occupied by retail investors and is characterised by frequent influxes of new investors, a common trait among emerging markets,” says Professor Jiang.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Advertising partner

Category: Business

Markets: Hong KongChina

Topics: Momentum Jiang Performance Professor Price Chinese Market Investors Stock Markets Stocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 18:30:07 (1 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 278 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 25066662

View Article Analysis

About SCMP

Main Topics: Business

Official Website: scmp.com

Update Frequency: 3 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 10 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

Frequently Asked Questions