Full-Text Search:
Home|Journal Papers|About CNKI|User Service|FAQ|Contact Us|中文
《Journal of Guangxi University of Finance and Economics》 2013-01
Add to Favorite Get Latest Update

Research of the Influence of Financing and Securities Loans on the Bank Shares in China

WANG Lin,ZHANG Li-ping (School of Finance and Banking,Hebei University of Economy and Trade,Shijiazhuang,050061,China)  
Since November in 2011,financing and securities loans business has officially launched,which symbolized a new era of short selling in china’s securities market. Taking the 16 stocks of bank board as a target,firstly a longitudinal comparison of bank index before and after the event are carried out,then a deep research on the difference-in-differences model between the bank index and two groups of data of shanghai composite index are made,and the influence of financing and securities loans business on the bank board in A stock is analyzed. It is proved that financing and securities loans restrain the fluctuation of the sample index.
【CateGory Index】: F832.51
Download(CAJ format) Download(PDF format)
CAJViewer7.0 supports all the CNKI file formats; AdobeReader only supports the PDF format.
【Citations】
Chinese Journal Full-text Database 3 Hits
1 Liao Shiguang Yang Chaojun;The Impact of Short - Selling Mechanism on Stock Price: Evidence from Taiwan Stock Market[J];Journal of Finance;2005-10
2 CHEN Guojin Zhang Yijun;Short Sale Restriction,Heterogeneous Beliefs and Stock Price Crash in China[J];Journal of Financial Research;2009-04
3 YANG Yang WAN Difang;Could Stock Index Futures Stabilize the Underlying Equity Market in China?[J];Journal of Financial Research;2010-12
【Co-citations】
Chinese Journal Full-text Database 10 Hits
1 MA Jian,LIU Zhi-xin(School of Economic and Management,Beihang University,Beijing 100191,China);Corporate Financial Decision Based on Heterogeneous Beliefs[J];Systems Engineering;2010-07
2 LIU Shan-cun,XIN Rong,SONG Dian-yu(School of Economics and Management,Beihang University,Beijing 100191,China);Investors’ Bounded Rationality and the Cost Effect of Information Disclosure[J];Systems Engineering;2013-01
3 LIN Xiang-you1,DAI Hong-xia2(1.Business School,Chengdu University of Technology,Chengdu 610059,China; 2.Southwestern University of Finance and Economics,Chengdu 610074,China);The Impact of Margin Trading on the Liquidity of ETFs Markets Based on Difference in Difference Model[J];West Forum;2013-03
4 XU Yue,LIU Zhi-xin(School of Economics and Management,Beihang Univ,Beijing 100191,China);Heterogeneous Beliefs,Short-buy and Stock Market Liquidity in Downturn[J];Journal of Hunan University(Natural Sciences);2011-05
5 YU Xiao-jian1,2(1.Research Center of Financial Engineering,South China University of Technology,Guangzhou 510006,Guangdong,China; 2.School of Economics and Commerce,South China University of Technology,Guangzhou 510006,Guangdong,China);The Impact of Margin Purchasing and Short Selling on Liquidity and Volatility:Evidence from Shanghai Stock Market[J];Journal of South China University of Technology(Social Science Edition);2012-02
6 LIU Han-lin,LV Dong-jie(School of Accounting,Hangzhou Dianzi University,Hangzhou Zhejiang 310018,China);Structure and Market Significance of Price Discovery Mechanism in Financing Securities[J];Journal of Hangzhou Dianzi University(Social Sciences);2011-04
7 CHEN Guo-jin1,2,LIU Jin-e2(1.The Wang Yanan Institute for Studies in Economics,Xiamen University,Xiamen,Fujian,361005,China;2.The school of Economics,Xiamen University,Xiamen,Fujian,361005,China);Heterogeneous beliefs,Money Illusion and the Housing Bubbles in China[J];Economic Management Journal;2011-02
8 Luo Yuding Liao Shiguang;The Study on the Liquidity Effect of Margin Purchase:Evidence from Taiwan Stock Market[J];Journal of Financial Research;2007-05
9 YANG Yang WAN Difang;Could Stock Index Futures Stabilize the Underlying Equity Market in China?[J];Journal of Financial Research;2010-12
10 ZHANG Yahui WAN Difang FU Leiming;Media-effect on Stock Returns:Risk Premium or Over-attention Underperformance[J];Journal of Financial Research;2011-08
China Proceedings of conference Full-text Database 1 Hits
1 ;异质预期、群体演化与资产价格波动[A];[C];2011
【Secondary Citations】
Chinese Journal Full-text Database 4 Hits
1 ZHANG Wei~(1,2),ZHANG Yong-jie~11.Management School,Tianjin University,Tianjin 300072,China;2.Tianjin University of Finance and Economics,Tianjin 300222,China;Heterogeneous beliefs,short-selling constraints and the asset prices[J];Journal of Management Sciences in China;2006-04
2 Liao Shiguang Yang Chaojun;The Impact of Short - Selling Mechanism on Stock Price: Evidence from Taiwan Stock Market[J];Journal of Finance;2005-10
3 Tu Zhiyong Guo Ming;A Theoretical Study of the Dynamic Effects of the Introduction of Stock Index Futures on the Stock Market Price[J];Journal of Financial Research;2008-10
4 CHEN Guojin Zhang Yijun;Short Sale Restriction,Heterogeneous Beliefs and Stock Price Crash in China[J];Journal of Financial Research;2009-04
©2006 Tsinghua Tongfang Knowledge Network Technology Co., Ltd.(Beijing)(TTKN) All rights reserved