原创力文档Growth Enterprise Board Initial Public Offerings： Characteristics, Volatility and the Initial-day Performance.pdfVIP
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Growth Enterprise Board Initial Public Offerings： Characteristics, Volatility and the Initial-day Performance.pdf
囝 China＆WorMEconomy／106—121，Vo1．19,No．．2011
GrowthEnterpriseBoard InitialPublic
Offerings：Characteristics，Volatili
andthe Initial—dayPerformance
Ha ngGuo，Hung—GayFung
Abstract
WeusetheChineseinitialpublicofferingdatafromOctober2009toAugust2010to
examinethenew一establishedgrowthenterpriseboard(GEB)．TheresuItsindicatethatthe
GEBhasbeensuccessfulandisprovidingaviabtechannelfornewsmallandmedium-s~ed
firmstoraisee
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