A Comparative Analysis of Vietnamese and Chinese Stock Market Using Hurst Exponent Analysis
GSTF Journal on Business Review
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Title |
A Comparative Analysis of Vietnamese and Chinese Stock Market Using Hurst Exponent Analysis
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Creator |
Chu, Meifen
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Description |
Vietnamese economy has developed tremendously since the early 1990s, keeping its GDP growth rate above 7% for a long time. After a few years’ slow down due to the Asian Crisis, it re-developed after 2002. Unfortunately, since the Subprime Loan Crisis broke out in 2007, its economy development became slow and had shown no sign of recovery. Before the global crisis, HoChiMinh Stock Exchanges was established in 2000 and five years later, in the capital of Vietnam – Hanoi, the Hanoi Stock Exchanges was opened. These two markets did not evolve as quickly as expected. On the contrary, it is still underdeveloped even though it has existed for more than ten years. This paper discusses and analyses the overview and present status of Vietnamese Stock Market. By comparing it with the Chinese Stock Market, the similarities and differences between the two markets are determined. Then, the reasons of underdevelopment of Vietnamese Stock Market are examined.
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Publisher |
GSTF Journal on Business Review (GBR)
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Date |
2018-01-04
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://dl6.globalstf.org/index.php/gbr/article/view/884
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Source |
GSTF Journal on Business Review (GBR); Vol 5 No 1 (2017): GSTF Journal on Business Review (GBR)
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Language |
eng
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Relation |
http://dl6.globalstf.org/index.php/gbr/article/view/884/818
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Rights |
Copyright (c) 2017 GSTF Journal on Business Review (GBR)
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