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996 Serie Research · Serie Research Memoranda UNDERPRICING ON THE STOCK EXCHANGE OF HONG KONG: A...

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043 t Z xulty of Economics, Business Administration and Econometrics epartment of Finance 1 996 Serie Research Memoranda UNDERPRICING ON THE STOCK EXCHANGE OF HONG KONC: A CROSS SECTIONAL ANALYSIS Robert van Schaik Hans de Ruiter Research Memoranda 1996-43 Augustus 1996 vvije Universiteit amsterdam
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043

t Z x u l t y of Economics, Business Administration and Econometrics epartment of Finance

1996

Serie Research Memoranda

UNDERPRICING ON THE STOCK EXCHANGE OF HONG KONC: A CROSS SECTIONAL ANALYSIS

Robert van Schaik Hans de Ruiter

Research Memoranda 1996-43

Augustus 1996

vvije Universiteit amsterdam

UNDERPRICING ON THE STOCK EXCHANGE

OF HONG KONG:

A CROSS SECTIONAL ANALYSIS

Robert van Schaik and Hans de Ruiter

PreIiminary version, August 1996 Please do not quote without the author's permission

r n ' 5 W S S OF CORRESPONDENCE:

Hans de Ruiter Vrije Universiteit Amsterdam FacuIty of Economics and Econometrics Department of Finance, Room 4A-26 De Boelelaan J 005 f 081 W AMSTERDAM The Netherlands Phone : (3 1)204446102 Fax : (3 1)204446005 E-mail : [email protected]


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