Timo Korkeamäki (HANKEN) - Learning Chinese? The changing investment behavior of foreign institutions in the Chinese stock market

BOFIT seminars Bank of Finland, Rauhankatu 19 B, Helsinki Tuesday 15.1.2019, kl. 10.30
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    Bank of Finland, Rauhankatu 19 B, Helsinki

Timo Korkeamäki (HANKEN) - Learning Chinese? The changing investment behavior of foreign institutions in the Chinese stock market

Co-authors: Nader Virk (Plymouth University), Haizhi Wang (Illinois Institute of Technology) and Peng Wang (University of Southampton)

Abstract

We analyze preferences of foreign institutional investors in the Chinese stock market in a sample that covers 2003 to 2014. We find foreign investors changed their investment behavior during the sample period from generic patterns found in much of the world to China-specific patterns. The results suggest that foreign institutions learned to adjust their investment behavior to account for unique features of the Chinese market.

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BOFIT seminars are open to all researchers interested in the subjects covered.Those wishing to attend a seminar are kindly asked to register in advance, by email bofit(at)bof.fi or tel. +358 9 183 2268.

Seminars take place, as a rule, on Tuesdays, starting at 10.30 a.m.  Visitors are escorted to the seminar room from the Rauhankatu 19 B (Library) entrance.