新股投资价值分析  

Valuation of Investment in New issue Stocks

作　　者：林涛[1] 黄瑞庆[1] 

机构地区：[1]厦门大学

出　　处：《石家庄经济学院学报》1999年第2期146-149,共4页Journal of Shijiazhuang University of Economics

摘　　要：本文考察了沪深两市１９９７年新上市２０１只股票上市后的短、中、长期走势，并在此实证研究的基础上分析了新股的投资价值。同时。In this article,we investigate the short run and long run performance of the initial public offerings using data compiled for 201 unseasoned new issues of common stock brought to Shanghai or Shenzhen Security Exchange in 1997.We empirically analyze the value of investment in new issues.Our study is based on the theory of stockmarket efficiency.

关 键 词：价格走势 有效市场理论 股票市场 中国 

分 类 号：F832.5[经济管理—金融学]