股票市场收益率的可预测性：基于中国股票市场的实证研究（英文版）

The objective of this book questions the predictability of equity market performance in China. Specifically, it questions whether predictor variables, including those under macroeconomic, sentiment, and technical categories are able to predict and affect differences in the behaviour of domestic equity markets. The research approach is based on a quantitative approach using statistical tests well documented in the literature. A naturally deductive research process emerged as the methodological paradigm of choice in this instance. Primarily an empirical approach was selected and ultimately the study examined the return performance of a population of 3 equity market indices in China based on 43 predictor variables. This book therefore serves several markets. It is appropriate for academic researchers who are looking for Chinese equity data and methodologies to conduct empirical research on return predictability and trading strategies. It also helps policy-makers to better understand the functioning of different Chinese equity markets when making related policies. Practitioners involved in the Chinese equity markets will find the book useful as well.