Are markets efficient?: evidences from stock markets in USA and Hong Kong.

In the first part of thesis, we investigated the influence and explanatory power of aggregate insider trading activities on momentum trading strategies in US stock markets. We find that aggregate insider trading activities have ability in predicting cross-sectional returns and can strengthen the nai...

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Bibliographic Details
Other Authors: Xiang, Jihong.
Format: Others
Published: 2001
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