...Eddie C.M. Hui; Ivan M.H. Ng Purpose This paper aims to test the short‐ and long‐run interrelationships between Hong Kong's residential property market and stock market, as well as market fundamentals and China‐related factors, between 1990 and 2006. Design/methodology/approach The authors...

...Eddie Chi Man Hui; Francis Kwan Wah Wong; Yat Hung Chiang Purpose Numerous studies suggest that announcements of capital offerings cause abnormal price reaction in stock markets. However, despite extensive research, relevant studies on the property sector are still relatively scarce, especially...

...Aman Ullah; Zhong‐guo Zhou In this paper, we examine dynamic relationships among three housing market variables and a stock market index in a multivariate vector autoregressive error correction (VAREC) model. It is first found that, in the USA, sales and the median sales price of the existing...