The Impact of Domestic Listing on the H Shares:An Event Study Approch
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Graphical Abstract
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Abstract
This paper empirically examines the impact of the listing of corresponding A shares on Ⅱshares. Using standard cvent methodology to examine the daily abnormal returns around thedual listing date shows that the dual listing has a negative ellect on returns. this is consistentwith previous studies although satisfactory explanation has not been offered.
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