The results show that whereas the A-share markets were inefficient before spilt share reform, they have reached the weak-form efficiency after that.
检验结果表明,股改前市场是非有效的,股改之后市场达到了弱式有效。
The problem of whether Chinese stock market meets the weak-form efficiency or not has been a very important topic for quite a long time, not only in theory but also in practice.
中国股票市场是否达到弱式有效一直是理论界讨论的重要课题,具有重要的理论价值和实践意义。
Most researches show at present that Chinese security market has already reached the weak-form efficiency, but has not been up to semi-strong-form efficiency.
目前大多数的研究认为我国证券市场已达到弱式有效,但尚未达到半强式有效。
The Chinese stock market whether or not meets weak-form efficiency has been an important issue of the theoretical study, and has significant practical value.
中国股票市场是否达到弱势有效,一直是理论界探讨的重要课题,同时也具有重要的实践意义。
Shenzhen stock market has qualified the weak-form efficiency. Autocorrelation of the time sequence tests show that the time sequence of stock return is correlative.
自相关检验结论为:序列存在相关性,否定了收益序列的随机波动特性。
Shenzhen stock market has qualified the weak-form efficiency. Autocorrelation of the time sequence tests show that the time sequence of stock return is correlative.
自相关检验结论为:序列存在相关性,否定了收益序列的随机波动特性。
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