Cross-sectional anomalies and conditional asset pricing models based on investor sentiment: evidence from the Chinese stock market

Abstract This study examines a comprehensive set of 30 cross-sectional anomalies in the Chinese A-share market to investigate whether incorporating investor sentiment as conditioning information enhances the explanatory power of asset pricing models. Utilizing a long–short portfolio strategy and Fam...

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Bibliographic Details
Main Authors: Zhong‑Qiang Zhou, Jiajia Wu, Ping Huang, Xiong Xiong
Format: Article
Language:English
Published: SpringerOpen 2025-04-01
Series:Financial Innovation
Subjects:
Online Access:https://doi.org/10.1186/s40854-025-00774-z
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