Thesis advisor: Eyal Dvir / This research studies the effect of exchange rate expectations on A-H share discount in China and Hong Kong. The A-H class listing of Chinese stocks offers an interesting framework to examine asset price in segmented markets. This research wants to contribute to the existing literatures by adding other currencies into the exchange rate model and verify their effect, introducing and controlling for company specific information, such as earnings. I find that the effect of both Euro and US dollar to be significant in explaining the share price disparity, and companies in different sector and with different market capitalization react to currency information differently. / Thesis (BA) — Boston College, 2013. / Submitted to: Boston College. College of Arts and Sciences. / Discipline: Economics Honors Program. / Discipline: Economics.
| Identifer | oai:union.ndltd.org:BOSTON/oai:dlib.bc.edu:bc-ir_102422 |
| Date | January 2013 |
| Creators | Tan, Tian |
| Publisher | Boston College |
| Source Sets | Boston College |
| Language | English |
| Detected Language | English |
| Type | Text, thesis |
| Format | electronic, application/pdf |
| Rights | Copyright is held by the author, with all rights reserved, unless otherwise noted. |
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