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.
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
