IPO waves in China and Hong Kong

Article English OPEN
Güçbilmez, Ufuk;
(2015)

We analyze the anatomy of IPO waves in China and Hong Kong and draw comparisons with the US IPO cycles. The lead-lag relationship between IPO initial returns and IPO volume observed in the US is absent in these two Asian markets. Similar to the US, IPO volume in Hong Ko... View more
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