The role of WTO accession in China’s stock market efficiency and predictability
This paper examines the weak form EMH regarding to the china’s stock markets and the role of WTO accession in the market efficiency. We consider A share and B share and composite index traded on the Shanghai Stock Exchange and Shenzhen Stock Exchange using daily data for 6 indexes for the period from the earliest available data to 2008/03/14. We assume WTO accession plays a positive role in the Ch
