Chinese Stock Market Shows Non-Random Behavior, Impacts Investors' Strategies.
The article discusses how the stock market in China shows patterns that are not random. The researchers found that stock returns in China's market have a structure that repeats over time, rather than being completely unpredictable. This means that past stock prices can influence future prices, and there is a pattern that lasts for about 62 weeks. This challenges the idea that stock prices follow a random walk pattern.