Proceedings of the 2017 International Seminar on Artificial Intelligence, Networking and Information Technology (ANIT 2017)

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Research of Cross-listed stocks' price correlation in the case of Shanghai-Hong Kong Stock Connect program

Authors
Tiansheng Xu, Xiaokang Wang, Zongzheng Xi, Jiong Zhang, Jing Gao
Corresponding Author
Tiansheng Xu
Available Online December 2017.
DOI
10.2991/anit-17.2018.3How to use a DOI?
Keywords
Shanghai-Hong Kong Stock Connect program, Cross listed stocks, Price linkageShanghai-Hong Kong Stock Connect program, Cross listed stocks, Price linkageShanghai-Hong Kong Stock Connect program, Cross listed stocks, Price linkageShanghai-Hong Kong Stock Connect program, Cross listed stocks, Price lin
Abstract

With the continuous development of global economic integration and regionalization, since the 1980s, a growing number of emerging economies in the securities market choose to open itself in the international market for finance with cross-listings. Hong Kong as a special administrative region of P.R.C, has an inalienable relationship with mainland in political, cultural and economic fields, including the securities market. The China Securities Regulatory Commission and the Securities & Futures Commission implemented Shanghai-Hong Kong Stock Connect program in November 17, 2014. There were 68 "A+H" stocks listed in both markets before Shanghai-Hong Kong Stock Connect program. This paper focuses on the cross-listed stocks and the Hang Seng AH (A) and AH (H) index in the context of the overall level of "A+H" shares to study the impact of the implementation of Shanghai-Hong Kong Stock Connect program on the correlation of cross-listed stocks and the mutual guiding relationship between them.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2017 International Seminar on Artificial Intelligence, Networking and Information Technology (ANIT 2017)
Series
Advances in Intelligent Systems Research
Publication Date
December 2017
ISBN
10.2991/anit-17.2018.3
ISSN
1951-6851
DOI
10.2991/anit-17.2018.3How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

risenwbib
TY  - CONF
AU  - Tiansheng Xu
AU  - Xiaokang Wang
AU  - Zongzheng Xi
AU  - Jiong Zhang
AU  - Jing Gao
PY  - 2017/12
DA  - 2017/12
TI  - Research of Cross-listed stocks' price correlation in the case of Shanghai-Hong Kong Stock Connect program
BT  - Proceedings of the 2017 International Seminar on Artificial Intelligence, Networking and Information Technology (ANIT 2017)
PB  - Atlantis Press
SP  - 13
EP  - 16
SN  - 1951-6851
UR  - https://doi.org/10.2991/anit-17.2018.3
DO  - 10.2991/anit-17.2018.3
ID  - Xu2017/12
ER  -