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The Impact on IPO Performance of Reforming IPO Allocation Regulations: An Event Study of Shanghai Stock Exchange A-Shares

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Figure

Figure 2. Shenzhen Stock Exchange Index, 1996 to 2004
Table 1. Characteristics of the Sample – SSE A-shares
Figure 3. Estimation of Abnormal Return (AR) Using the Market Model
Figure 5.  CAR II ( ) 1 , T ( T = 1 K 20 )   for Post-IPO Trading Days 1 to 20:
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