by Ng Kit Yin Kitty, Yu Koon Ying Harry. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1994. / Includes bibliographical references (leaves 72-75). / ACKNOWLEDGEMENTS --- p.i / ABSTRACT --- p.ii / LIST OF FIGURES --- p.v / LIST OF TABLES --- p.vi / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- LITERATURE REVIEW --- p.3 / The Black-Scholes Model --- p.3 / Option Pricing --- p.4 / Price of the underlying asset --- p.4 / Volatility of the underlying asset --- p.5 / Time to expiration --- p.5 / The risk-free interest rate --- p.5 / Users of Options --- p.6 / Chapter III. --- HANG SENG INDEX OPTIONS --- p.8 / The Hang Seng Index (HSI) --- p.8 / Mechanics of Trading in HSI Options --- p.9 / Features of HSI Options --- p.10 / European Style --- p.11 / Cash Settlement on Exercise --- p.12 / Risk of Trading Options --- p.13 / Similarities and Differences Between HSI Options on the Futures Contracts and HSI Futures --- p.13 / Chapter IV. --- OPTIONS TRADING STRATEGIES --- p.15 / Rising Market Strategies --- p.15 / Declining Market Strategies --- p.17 / Volatile and Stable Market Strategies --- p.18 / Butterfly Spread --- p.20 / Calendar Spread --- p.20 / Chapter V. --- EX-POST STUDIES OF OPTION TRADING STRATEGIES --- p.23 / Methodology --- p.24 / Data Requirement --- p.25 / Assumptions --- p.25 / Empirical Results --- p.26 / Analysis of the First Scenario - Bullish Anticipation on the HSI Market --- p.32 / Ranking of Profits --- p.32 / Mechanics of the Bull Spread --- p.32 / Mechanics of the Calendar Call Spread --- p.32 / Analysis of the Second Scenario - Bearish Anticipation on the HSI Market --- p.39 / Ranking of Profits --- p.39 / Mechanics of the Calendar Put Spread --- p.40 / Analysis of the Third Scenario - Volatile Aniticipation on the HSI Market --- p.43 / Analysis of the Fourth Scenario - Stable Anticipation on the HSI Market --- p.47 / Summary of Our Analysis --- p.47 / Limitations --- p.48 / Recommendations --- p.49 / Chapter VI. --- REVIEW ON HANG SENG INDEX OPTIONS: THE 1993 EXPERIENCE --- p.50 / Relationship Between HSI Futures and HSI Options --- p.50 / Trading Volume --- p.51 / Open Positions --- p.51 / Volatility --- p.52 / Chapter VII. --- PROSPECTS FOR OPTIONS IN HONG KONG --- p.54 / Chapter VIII. --- CONCLUSION --- p.56 / APPENDIX --- p.57 / REFERENCES --- p.72

by Choi Ying-Fai. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1987. / Bibliography: leaves 123-124.

by Kwong Man-him, Francis, Lee Shuk-yee, Katie. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1988. / Bibliography: leaves 98-100.

Chan Shuet Ying, Chan Yiu Wing. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1995. / Includes bibliographical references (leaves 122-124). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF TABLES --- p.v / LIST OF EXHIBITS --- p.vi / ACKNOWLEDGMENTS --- p.vii / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Background --- p.1 / Objective --- p.3 / Scope --- p.3 / Organization of Paper --- p.4 / Chapter II. --- THE HANG SENG INDEX OPTIONS --- p.5 / Description..................: --- p.5 / Mechanics of Hang Seng Index Option Trading --- p.13 / Market Reviews of HSI Options --- p.15 / Chapter III. --- LITERATURE REVIEW --- p.18 / Seasonal Patterns of Stock Returns --- p.18 / Month-of-the-Year Effect --- p.18 / Week-of-the-Month Effect --- p.18 / Day-of-the-Week Effect --- p.19 / Hour-of-the-Week Effect --- p.19 / Seasonality in Options Returns --- p.20 / Model of Strategic Trading --- p.21 / Seasonality in Hong Kong Stock Market --- p.24 / Chapter IV. --- EMPIRICAL STUDY OF INTRADAY PATTERN OF HSI OPTIONS --- p.26 / Data and Methodology --- p.26 / Obtaining data for the price of the underlying assets --- p.26 / Obtaining data for the price of the option contracts --- p.27 / Calculating means and standard deviations of returns --- p.31 / Chapter V. --- RESULTS AND DISCUSSION --- p.32 / Futures percentage returns per minute --- p.37 / Call options percentage returns per minute --- p.38 / Put options percentage returns per minute --- p.39 / Testing the relationship between index options and index future --- p.40 / Chapter VI. --- IMPLICATION OF FINDINGS AND CONCLUSIONS --- p.45 / Implication of Findings --- p.45 / Conclusions --- p.49 / APPENDIX --- p.50 / BIBLIOGRAPHY --- p.122

by Fung Lai-sang & Kwan Tat-shing. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1995. / Includes bibliographical references (leaves 60-64). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF FIGURES --- p.v / LIST OF TABLES --- p.vi / ACKNOWLEDGMENT --- p.vii / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- HANG SENG INDEX OPTIONS --- p.3 / Hong Kong Futures Exchange Limited --- p.3 / Hang Seng Index --- p.4 / Basic Characteristics of HSI Options --- p.5 / Chapter III. --- LITERATURE REVIEW --- p.8 / (A) Put-Call Parity --- p.8 / Put-Call Parity on Other Security --- p.10 / Empirical Studies --- p.11 / Put-Call-Futures Parity --- p.12 / (B) Applicability of Black-Scholes Model --- p.14 / Possible Biases in Black-Scholes Model --- p.16 / (C) Hedging Effectiveness of Derivative Instruments --- p.18 / Empirical Evidence --- p.20 / Chapter IV. --- "EMPIRICAL METHODOLOGY, DATA EMPLOYED AND EMPIRICAL FINDINGS" --- p.22 / Chapter (A) --- Methodology and Data Employed in Investigation of Put-Call Parity for HSI Options --- p.22 / Empirical Findings for Put-Call Pariry for HSI Options --- p.26 / Chapter (B) --- Methodology anf Data Employed in Investigation of Applicability of Black-Scholes Model - An Implied Volatility Approach --- p.30 / Empirical Findings for Applicability of Black Scholes Model --- p.35 / Chapter (C) --- Methodology anf Data Employed in Investigation of the Hedging Effectiveness of Different Derivative Instrument / Methodology --- p.40 / Empirical Findings for Hedging Effectiveness of Different Derivative Instruments --- p.45 / Chapter V. --- "CONCLUSIONS, RECENT DEVELOPMENTS AND TRENDS OF HSI OPTIONS" --- p.48 / Conclusions --- p.48 / International Status --- p.49 / Work to Be Done --- p.50 / APPENDICES --- p.51 / BIBLIOGRAPHY --- p.60

by Adelaide Pang Lan-Fong & Danny Poon Yiu-tak. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1993. / Includes bibliographical references (leaves 83-88). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF ILLUSTRATIONS --- p.v / LIST OF TABLES --- p.vi / LIST OF EXHIBITS --- p.vii / ACKNOWLEDGEMENTS --- p.viii / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- LITERATURE REVIEW --- p.3 / The Black-Scholes Model --- p.3 / The Test of the Applicability of the Black-Scholes Model --- p.4 / Test of predictability of Black-Scholes Model --- p.5 / Implied Volatility Estimation --- p.5 / Chapter III. --- OPTIONS DEFINED --- p.7 / What are Options ？ --- p.7 / Options Pricing --- p.10 / Intrinsic (Theoretical) Value --- p.10 / Time Value --- p.11 / Price Volatility --- p.12 / Interest Rates --- p.12 / Dividends --- p.12 / Chapter IV. --- HANG SENG INDEX OPTIONS --- p.13 / The Hang Seng Index --- p.13 / Specifications for HSI Options --- p.15 / The Trading Procedures of HSI Options --- p.19 / Advantages of Traded Index Options --- p.21 / Risks involved in Options Trading --- p.23 / Risks of Buying Options --- p.23 / Risk of Writing Options --- p.24 / Chapter V. --- BASIC STRATEGIES OF OPTIONS TRADING --- p.25 / Buy Call --- p.26 / Buy Put --- p.26 / Call Writing --- p.26 / Naked Call Writing --- p.26 / Covered Call Writing --- p.26 / Ratio Covered Call Writing --- p.27 / Put Writing --- p.27 / Naked Put Writing --- p.27 / Covered Put Writing --- p.27 / Ratio Covered Put Writing --- p.28 / Spreads --- p.28 / Bull Spreads --- p.28 / Bear Spreads --- p.28 / Butterfly Spreads --- p.29 / Calendar Spreads --- p.29 / Ratio Spreads --- p.30 / Ratio Calendar Spreads --- p.30 / Straddles --- p.30 / Straddle Purchase / Bottom Straddle --- p.31 / Straddle Write / Top Straddle --- p.31 / Strips --- p.31 / Straps --- p.31 / Strangles --- p.31 / Long Strangle / Bottom Vertical Combination --- p.31 / Short Strangle / Top Vertical Combination --- p.32 / Chapter VI. --- PRICING MODEL --- p.33 / The Biack-Scholes Option Pricing Model --- p.33 / Modifications to Original Black-Scholes Pricing Model --- p.33 / Empirical Analysis and Data Collection --- p.34 / Tests used to determine the performance of Black-Scholes Model --- p.38 / Chapter VII. --- EMPIRICAL RESULTS --- p.39 / Chapter VIII. --- CONCLUSIONS --- p.45 / APPENDICES --- p.48 / BIBLIOGRAPHY --- p.83

Lui Ho-Chung, Oliver. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1992. / Includes bibliographical references (leaves 63-64). / Table of Contents --- p.i / Abstract --- p.iii / List of Tables --- p.v / List of Appendices --- p.vi / Acknowledgments --- p.vii / Chapter / Chapter I --- Methodology --- p.1 / Chapter II --- Issues about the HSIF market --- p.2 / The establishment of the Hong Kong Futures Exchange --- p.2 / The Hang Seng Index --- p.3 / The Hang Seng Index Futures Contracts --- p.4 / Features of futures trading --- p.8 / The 1987 crash and the HKFE --- p.10 / Reforms --- p.12 / The evaluation after the reforms --- p.16 / Existing practices of the HSIF brokerage firms --- p.18 / Issues concerning the HSIF investors --- p.20 / Stimulating the HSIF market --- p.21 / Chapter III --- Issues about options --- p.23 / "Current News (updated to April 20, 1992)" --- p.23 / Options --- p.23 / Determination of option premiums --- p.26 / Options on the Hang Seng Index --- p.28 / Features of options in other markets --- p.30 / Margin requirement --- p.34 / Options on index vs. Options on index futures --- p.36 / Options on index vs. Index futures --- p.37 / Chapter IV --- Issues of option development --- p.39 / Lessons learned from the HSIF market --- p.39 / The trend--derivative products --- p.42 / Factors that make options on the HSI successful --- p.43 / Chapter V --- Conclusion --- p.46 / Appendices --- p.48 / References --- p.63

梁偉基. / "2000年8月" / 論文 (哲學碩士)--香港中文大學, 2000. / 參考文獻 (leaves 136-155) / 附中英文摘要. / "2000 nian 8 yue" / Liang Weiji. / Lun wen (zhe xue shuo shi)--Xianggang Zhong wen da xue, 2000. / Can kao wen xian (leaves 136-155) / Fu Zhong Ying wen zhai yao. / Chapter 第一章： --- 緒論 / Chapter 第一節： --- 北宋政權的解體與新政權的建立 / Chapter 第二節： --- 南宋高宗初年政治史的硏究動向 / Chapter 第三節： --- 官僚制理論的介紹及其與中國史硏究的關係 / Chapter 第四節： --- 史料的應用 / Chapter 第五節： --- 問題的提出 / Chapter 第二章： --- 高宗政權成立初年地方財經官僚的動向 / Chapter 第一節： --- 北宋重視財經官僚的國策及其延續 / Chapter 第二節： --- 高宗初年對地方守令的財經治績要求 / Chapter 第三節： --- 高宗初年地方財經官僚與新政權的依存關係 / Chapter 第四節： --- 高宗初年地方財經官僚的權力 / Chapter 第五節： --- 小結 / Chapter 第三章： --- 高宗初年財經官僚與知臨安府的關係 / Chapter 第一節： --- 高宗政權成立以後駐蹕地問題的爭議 / Chapter 第二節： --- 高宗定都臨安府的原因 / Chapter 第三節： --- 建炎元年(1127)至紹興十二年(1142)歷任知臨安府的分析 / Chapter 第四節： --- 小結 / Chapter 第四章： --- 高宗初年戶部侍郎、¯‘ة書的分析 / Chapter 第一節： --- 高宗初年戶部的職能 / Chapter 第二節： --- 高宗初年戶部侍郎的人選分析 / Chapter 第三節： --- 高宗初年戶部¯‘ة書的人選分析 / Chapter 第四節： --- 小結 / Chapter 第五章： --- 高宗初年倚重財經官僚的背景 一個歷史現象的分析 / Chapter 第一節： --- 高宗政權的成立及其措置戰時財政的困難 / Chapter 第二節： --- 高宗政權出現財政危機的原因 / Chapter 第三節： --- 高宗政權解決財政危機的嘗試 / Chapter 第四節： --- 高宗政權任用財經官僚的矛盾 / Chapter 第五節： --- 小結 / Chapter 第六章： --- 結論 / 引用書目 / Chapter 一、 --- 史料 / Chapter 二、 --- 中日文論文 / Chapter 三、 --- 中日文論著 / Chapter 四、 --- 西文論文 / Chapter 五、 --- 西文論著 / 附表 / 表一〈高宗年間歷任知臨安府簡表(建炎元年(1127)至紹興十二年(1142))〉 / 表二〈席益家世表〉 / 表三〈宋煇家世表〉 / 表四〈盧知原家世表〉 / 表五〈蔣璨家世表〉 / 表六〈張匯家世表〉 / 表七〈王喚家世表〉 / 表八〈財經官僚標準表：知臨安府〉 / 表九〈高宗年間歷任知臨安府簡表(紹興十三年(1143)至紹興三十二年(1162))〉 / 表十〈高宗年間歷任戶部侍郎簡表（建炎元年(1127)至紹興十二年(1142))〉 / 表十一〈鄭望之家世表〉 / 表十二〈葉夢得家世表〉 / 表十三〈陳邦光家世表〉 / 表十四〈李迨家世表〉 / 表十五〈高衛家世表〉 / 表十六〈黃叔敖家世表〉 / 表十七〈劉岑、劉寧止家世表〉 / 表十八〈向子諲家世表〉 / 表十九〈晁謙之家世表〉 / 表二十〈財經官僚標準表：戶部侍郎〉 / 表二十一〈高宗年間歷任戶部¯‘ة書簡表(建炎元年(1127)至紹興十二年(1142))〉 / 表二十二〈財經官僚標準表：戶部¯‘ة書〉 / 表二十三〈河北兵馬大元帥府僚屬表(建炎元年(1127)春正月至五月）〉

馮穎賢. / 論文(碩士) -- 香港中文大學硏究院宗敎及神學學部,1995. / 參考文獻: leaves 40-47. / Feng Yingxian. / 引言 / Chapter 0.0 --- 香港敎會與工、商業機構 --- p.1 / Chapter 0 .1 --- 敎會如何看所身處的經濟制度 --- p.1 / Chapter 0.2 --- 敎會處理內部財政，應否參考工、商業機構的方式？ --- p.2 / Chapter 0.3 --- 小結 --- p.2 / Chapter 第一章： --- 反對香港目前的經濟制度及其駁論 / Chapter 1.0 --- 香港的經濟制度 --- p.3 / Chapter 1.1 --- 反對香港目前的經濟制度 --- p.5 / Chapter 1.1.1 --- 資本主義倡導人自私自利 --- p.5 / Chapter 1.1.2 --- 資本主義是一個不公義的制度 --- p.6 / Chapter 1.1.3 --- 資本主義造成貧富懸殊 --- p.8 / Chapter 1.1.4 --- 資本主義提倡物質主義、拜金主義文化 --- p.9 / Chapter 第二章： --- 從基督敎神學觀點支持香港目前的經濟制度 並指出資本主義的危機和問題 / Chapter 2.0 --- 從基督敎神學觀點支持香港目前的經濟制度 --- p.12 / Chapter 2.1 --- 社會富裕 --- p.12 / Chapter 2.1.1 --- 追求社會富裕是可被確定的 --- p.12 / Chapter 2.1.2 --- 環境保護與社會富裕的追求 --- p.14 / Chapter 2.1.3 --- 經濟制度與社會富裕的追求 --- p.15 / Chapter 2.2 --- 自由的保障 --- p.17 / Chapter 2.2.1 --- 自由乃上帝賦與人最寶貴者 --- p.17 / Chapter 2.2.2 --- 資本主義乃保障人民自由的制度 --- p.1B / Chapter 2.3 --- 人類的責任 --- p.19 / Chapter 2.3.1 --- 上帝給人類管理世界的責任 --- p.19 / Chapter 2.3.2 --- 資本主義使人管理世界的責任得以較佳的發揮 --- p.19 / Chapter 2.4 --- 資本主義的危機和問題 --- p.21 / Chapter 2.4.1 --- 欠缺超越的道德標準導致市場經濟崩潰 --- p.21 / Chapter 2.4.2 --- 資本家的壟斷和不義 --- p.23 / Chapter 2.5 --- 小結 --- p.24 / Chapter 第三章： --- 一個建議：建立敎會企業 / Chapter 3.0 --- 香港敎會處理財務的現況 --- p.25 / Chapter 3.1 --- 香港敎會的投資 --- p.27 / Chapter 3.2 --- 香港敎會與工商業機構 --- p.29 / Chapter 3.3 --- 建立敎會企業 --- p.33 / Chapter 3.3.1 --- 人的任務也是敎會的任務 --- p.33 / Chapter 3.3.2 --- 建立人性化的企業，也可成爲服務、傳道的方式 --- p.34 / Chapter 3.3.3 --- 提升社會道德水平 --- p.36 / 結論 --- p.38 / 參考書目 / Chapter (甲） --- 本文曾引述的書籍及文章 --- p.40-42 / Chapter (乙） --- 其他參考書籍 --- p.43-45 / Chapter (丙） --- 其他參考文章 --- p.46-47

Title in Chinese: / Includes bibliographical references / Thesis (M.Ph.)--Chinese University of Hong Kong, 1986