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| The Momentum and Contrarian in Shanghai A Stock Market and Shenzhen A Stock Market |
| ZHU Xi1，CHEN Jun-fang1，XU Zheng-sheng2 |
(1.Antai College of Economics & Management, Shanghai Jiaotong University,Shanghai 200052,China;
2.Xuri Business Administration, Donghua University,Shanghai 200051,China) |
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Abstract This article studied the momentum and contrarian in Shanghai A stock market and Shenzhen A stock market using Jegadeesh and Titman method.The case study shows that it is of strong relation in stock’s price of Shanghai A stock market and Shenzhen A stock market.There shows the momentum in shorttime and longtime,while the contrarian in midtime.On the other hand,it has more strong momentum profit in Shenzhen A stock market than in Shanghai A stock.
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Received: 08 November 2007
Published: 28 November 2008
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Corresponding Authors:
CHEN Jun-fang
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