Research on the Behavior of Participants in China's Securities Market Based on Asymmetric Information

Author: Pan Deng
Publisher:
Publish Date: 2005-10-01
Features: In recent years, research on the behavior of securities market participants based on asymmetric information has become a new hotspot in the field of finance. This book is divided into 7 chapters, analyzing the trading strategies of uninformed traders, the model and empirical research of information-closed call auction trading strategies, studies on abnormal fluctuations in the securities market and their asymmetric information sources, and research on illegal activities based on asymmetric information, among other topics. Research on the behavior of securities market participants based on asymmetric information helps to establish and improve the microstructure of the securities market, and more importantly, guides and cultivates mature and rational investment concepts for investors. Therefore, it holds significant practical importance in the current market context. This book is suitable for securities theorists and practitioners in the securities market.