The abbreviations for renaming stocks were classified according to different wordings in them. When an announcement of renaming stock was published, the reactions of investors to the announcement with or without technology-related wordings and the like were analyzed. It has been found that their reactions are totally different. The investors have stronger reaction to the announcements with technology-related wordings than notice without ones. This reveals that there is severe conceptual speculation in Chinese stock market.
邓建平, 曾勇. 上市公司股票更名特点和股市的概念炒作——来自A股的实证研究[J]. J4, 2005, 2(4): 455-.
DENG Jian-Ping, ZENG Yong. The Characteristics of Renaming Stocks in Limited Companies and the Conceptual Speculation in Stock Market. J4, 2005, 2(4): 455-.