One previous study has found that stock market liberalisation leads to a 1 percent increase in a country's annual real GDP growth. "While some studies show that stock market liberalisation leads to an increase in capital expenditure, it is unclear ex ante how stock market liberalisation affects a country's innovative activities," Prof. Wenrui Zhang said. Available at SSRN: https://ssrn.com/abstract=2403364 or http://dx.doi.org/10.2139/ssrn.2403364This article was first published in the China Business Knowledge (CBK) website by CUHK Business School: https://bit.ly/2QFbfQd. CUHK Business School has the largest number of business alumni (36,000+) among universities/business schools in Hong Kong -- many of whom are key business leaders. The School currently has about 4,400 undergraduate and postgraduate students and Professor Lin Zhou is the Dean of CUHK Business School.

Source: Viet Nam News January 17, 2020 01:52 UTC