Market Segmentation and Differential Reactions of Local and Foreign Investors to Analyst Recommendations

Journal Article Market Segmentation and Differential Reactions of Local and Foreign Investors to Analyst Recommendations Get access Chunxin Jia, Chunxin Jia *Guanghua School of Management, Peking University Search for other works by this author on: Oxford Academic Google Scholar Yaping Wang, Yaping Wang *Guanghua School of Management, Peking University Search for other works by this author on: Oxford Academic Google Scholar Wei Xiong Wei Xiong *Princeton University, CUHK Shenzhen, and NBER *send correspondence to Wei Xiong, Bendheim Center for Finance, Princeton University, Princeton, NJ 08540; telephone: 609-258-0282. E-mail: wxiong@princeton.edu. Search for other works by this author on: Oxford Academic Google Scholar The Review of Financial Studies, Volume 30, Issue 9, September 2017, Pages 2972–3008, https://doi.org/10.1093/rfs/hhx010 Published: 11 March 2017