This book explains the structure and outline of Hong Kong's equity markets and examines Hong Kong's rising prominence as a financial center in the region. It details the working of the equity market system, covering the basics of all the major derivatives, and gives a brief overview of Hong Kong's other regional contemporary markets.
Acknowledgements
Abbreviations and Acronyms
Tables and Figures
Preface
1. Introduction to Hong Kong's Equity Markets and Their Place
in the Global Pecking Order
2. The Structure and Characteristics of Hong Kong's Equity
Markets
3. Mechanisms for Stock and Equity Funds Investment and
the Microstructure of Equity Markets
4. Concepts of Risk and Return, Market Efficiency, and
Anomalous Stock Pricing Behaviour
5. Primary Market Activities I: Initial Public Offerings (IPOs)
6. Primary Market Activities II: Seasoned Stock Issues
7. Dual-Listings, London Trading of Hong Kong Stocks, and
American Depositary Receipts (ADRs) in Hong Kong/
Mainland PRC Stocks
8. Share Repurchases, Directors' Dealings, and
Corporate Dividend Policies
9. Acquisitions, Privatizations, and the Corporate
Restructuring of Equity Stocks
10. Equity Derivatives I: Options
11. Equity Derivatives II: Warrants, Convertibles, and Swaps
12. Equity Derivatives III: Futures
13. The Control and Management of Risk for Derivatives
14. An Overview of Market Trends and Developments
References
Index