China's stock market doesn't achieve semi-strong form efficiency.
中国证券市场没有达到半强式效率。
So weak form and semi-strong form efficiency can both be rejected in any of these real estate markets.
租金价值比的信息可用来对未来收益进行预测，因此半强有效性的假设也能够被拒绝；
In terms of strong form efficiency, the EMH asserts that security prices always fully reflect all available information.
依据强形式有效性，EMH坚持安全价格总是完全反映所有的信息。
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