Call Auction Mechanism and Closing Price Manipulation: Evidence from the Hong Kong Stock Exchange

2019 ◽  
Author(s):  
Seongkyu Park ◽  
Wing C. Suen ◽  
Kam-Ming Wan
Keyword(s):  
Hong Kong ◽  
Stock Exchange ◽  
Auction Mechanism ◽  
Price Manipulation ◽  
Closing Price ◽  
Call Auction ◽  
Hong Kong Stock Exchange

scholarly journals Stock Market Manipulation on the Hong Kong Stock Exchange

2014 ◽  
Vol 8 (4) ◽  
pp. 105-140 ◽  
Author(s):  
Dionigi Gerace ◽  
Charles Chew ◽  
Christopher Whittaker ◽  
Paul Mazzola
Keyword(s):  
Hong Kong ◽  
Stock Market ◽  
Stock Exchange ◽  
Market Manipulation ◽  
Hong Kong Stock Exchange

scholarly journals Hong Kong stock exchange opens to biotechs

2018 ◽  
Vol 36 (6) ◽  
pp. 482-482
Author(s):  
Shannon Ellis
Keyword(s):  
Hong Kong ◽  
Stock Exchange ◽  
Hong Kong Stock Exchange

scholarly journals Factors That Affect Profitability of Banks Comparative Study between Indonesian and Hong Kong

KINERJA ◽  
2017 ◽  
Vol 21 (1) ◽  
pp. 88
Author(s):  
Farah Margaretha ◽  
Adisty Adisty
Keyword(s):  
Hong Kong ◽  
Linear Regression ◽  
Comparative Study ◽  
Multiple Linear Regression ◽  
Stock Exchange ◽  
Liquidity Risk ◽  
Return On Assets ◽  
Income Ratio ◽  
Total Investment ◽  
Hong Kong Stock Exchange

The problem of this research was the influence of liquidity risk, net credit facilities to total assets ratio, total investment to total assets ratio, total equity to assets ratio, net credit facilities to total deposits ratio, cost to income ratio, and bank size toward return on assets. The objective of this research was to identify the factors that influence return of assets of banks listed in Indonesia Stock Exchange and Hong Kong Stock Exchange over the period 2012-2015. The methodology of this research was multiple linear regression which is tested by using classic assumption. Sample in this research were 27 Banks listed in Indonesia Stock Exchange and 13 Banks listed in Hong Kong Stock Exchange over period 2012-2015. Finding and contribution in this research were liquidity risk, total equity to assets ratio, net credit facilities to total deposits ratio, cost to income ratio, and bank size have influence toward return on assets of banks in Indonesia. Meanwhile, net credit facilities to total assets ratio and total investment to total assets ratio do not have influence toward return on assets of banks in Indonesia. Liquidity risk, total equity to assets ratio, and cost to income ratio have influence toward return on assets of banks in Hong Kong, meanwhile credit facilities to total assets ratio, total investment to total assets ratio, net credit facilities to total deposits ratio, and bank size do not have influence toward return on assets of banks in Hong Kong. Research limitation or implication in this research was for banking management to use the the information to maintain or even increase the profitability of banks, and to investors for being used as considerations to invest in banking sectors.Keywords: profitability, liquidity risk, bank size, investment

DIVIDENDS, CONTROLLING SHAREHOLDERS AND FIRM PERFORMANCE: AN INVESTIGATION OF LARGE FIRMS ON THE HONG KONG STOCK EXCHANGE

2013 ◽  
Vol 08 (02) ◽  
pp. 1350011 ◽  
Author(s):  
TINA T. HE ◽  
WILSON X. B. LI ◽  
GORDON Y. N. TANG
Keyword(s):  
Hong Kong ◽  
Firm Performance ◽  
Stock Exchange ◽  
Positive Contribution ◽  
Large Firms ◽  
Control Rights ◽  
Significant Interaction Effect ◽  
Controlling Shareholders ◽  
The Impact ◽  
Hong Kong Stock Exchange

This study examines whether dividends payout has a positive contribution to firm performance while taking into account the important firm level characteristics such as the divergence between the control rights and the ownership rights of controlling shareholders and firm leverage. Investigating the large firms listed on the Main Board of Hong Kong Stock Exchange over the 1998–2007 period, we find that dividends payout has statistically significantly positive impacts on both return on assets (ROA) and Tobin's Q, particularly after controlling for the nonlinear relation between dividends and firm performance and between control rights of the controlling shareholder and firm performance. The regression results do not show significant interaction effect between dividends payout and control divergence on firm performance. But the impact of dividends payout on firm performance is different in family controlled firms versus state controlled firms and varies with institutional factors.

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