EconPapers    
Economics at your fingertips  
 

Market segmentation and supply‐chain predictability: evidence from China

Chenchen Li, Rui Li, Xundi Diao and Chongfeng Wu

Accounting and Finance, 2020, vol. 60, issue 2, 1531-1562

Abstract: We determine the industry‐level supply‐chain predictability in the Chinese stock market. Evidence is provided that a limited information model is gradually adaptive to the Chinese stock market in recent years, while several traditional measures of informed trading perform differently in the previous period. An innovative indicator of the mobile ratio volatility is also proposed here, which relates the increasing mobile trading behavior to this cross‐sectional predictability. Furthermore, we explain the asymmetry of customer and supplier momentum in this market.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/acfi.12482

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:acctfi:v:60:y:2020:i:2:p:1531-1562

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0810-5391

Access Statistics for this article

Accounting and Finance is currently edited by Robert Faff

More articles in Accounting and Finance from Accounting and Finance Association of Australia and New Zealand Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2021-01-02
Handle: RePEc:bla:acctfi:v:60:y:2020:i:2:p:1531-1562