TY - BOOK AU - Hu,Grace Xing AU - Pan,Jun AU - Wang,Jiang ED - National Bureau of Economic Research. TI - Chinese Capital Market: An Empirical Overview T2 - NBER working paper series PY - 2018/// CY - Cambridge, Mass. PB - National Bureau of Economic Research N1 - February 2018; Hardcopy version available to institutional subscribers N2 - The Chinese capital market, despite its relative short history in its modern form, has experienced a tremendous growth and is now the second largest in the world. Due to China's tight capital controls, the development of its capital market has mostly been isolated from and hence not been well understood by the rest of the world. Yet, this state of isolation is bound to change substantially as China becomes more integrated into the global financial system. In this paper, we provide an empirical overview of the Chinese capital market: its historical development and main empirical characteristics UR - https://www.nber.org/papers/w24346 UR - http://dx.doi.org/10.3386/w24346 ER -