Our paper examines calendar effects in Chinese stock market, particularly monthly and daily effects. Using individual stock returns, we observe the change of the calendar effect over time. In Shanghai and Shenzhen, the yearend effect was strong in 1991 – but disappeared later. As the Chinese year-end is in February, the highest returns can be achieved in March and April. Studying daily effects,...

The existence of the calendar effect as a market anomaly problem proves that there are loopholes in Efficient Market Hypothesis (EMH). By studying effect, scholars can gradually identify and solve problems regulatory information asymmetry financial market. This paper divides Chinese securities into stock market, bond fund derivatives focusing on weekday month effect. summarizing comparing above...

BACKGROUND The numbers 4, 14 and 24 are associated with death for Cantonese-speaking Chinese people, as the words for these numbers sound like the words for "death", "must die" and "easy to die", respectively. A previous study in the United States investigating psychological stress engendered by fear of the number 4 found more cardiac deaths in Chinese and Japanese people, compared with white A...

In the 13th century, a new type of Chinese astronomical calculation was put into use, and it was almost entirely included in the calendar of Shoushi (formulated by Guo shou-jing and his collaborators, epoch AD 1281, adopted from AD 1281−1644). Afterwards, this calendar has been thought of as one of the most accurate in the history of China. The perfectly systematic theoretical models at that ti...

In the 13th century, a new Chinese astronomical calculation was just put to use and it was almost entirely included in the calendar of Shoushi (formulated by Guo Shou-jing and his colleagues, epoch of AD 1281, adopted from AD 1281−1644). This calendar was one of the most famous and accurate in the history of China. The perfectly systematic theoretical models at that time had been developed for ...

Three new worldwide calendars are proposed and compared in this paper. None of them requires any departure from an existing tradition to divide years on lean and leap. Although all three are pretty accurate, it is demonstrated that the Julian calendar with one additional amendment is the simplest and the most suitable for implementation.