Publication Date
5-17-2017
Document Type
Dissertation/Thesis
First Advisor
Zheng. Yao
Degree Name
B.S. (Bachelor of Science)
Legacy Department
Department of Finance
Abstract
This study analyzes the Initial Public Offering (IPO) performance of 147 Chinese stocks that went public on the U.S. market from 2000 to 2014. The sample is composed of two distinct groups. The first group of firms (which includes 63 securities) went public in the U.S. between 2000 to 2014 and later exited the U.S market. The second group of firms (which includes 84 securities) went public in the U.S. and still has stocks trading on the U.S market. The study utilizes an event study methodology to examine the short-term IPO performance difference between the two group of stocks. After computing abnormal and cumulative abnormal returns and then comparing the mean, median and t-statistics between the two groups, I found no significant difference between the two groups of stocks.
Recommended Citation
Chenfang, Su, "The Initial Public Offerings Performance of Chinese Stocks in the U.S." (2017). Honors Capstones. 1221.
https://huskiecommons.lib.niu.edu/studentengagement-honorscapstones/1221
Extent
20 pages
Language
eng
Publisher
Northern Illinois University
Rights Statement
In Copyright
Rights Statement 2
NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.
Media Type
Text
