1.       Abdeldayem M M. An Empirical Analysis of theRelationship between New Investors and the Telecommunications Stocks' BubblePost the Egyptian Revolution. ResearchJournal of Finance and Accounting, Vol.6, No.2, 2015.

2.       Allen F, Qian J Q J, Qian M. A review ofChina's institutions. Annual Review of Financial Economics, 2019, 11: 39-64.

3.       Gong, Binglin; Pan, Deng; Shi, Donghui. NewInvestors and Bubbles: An Analysis of the Baosteel Call Warrant Bubble. MANAGEMENTSCIENCE,2017,63(8):2493-2508.

4.       Li X, Subrahmanyam A, Yang X. Winners, losers,and regulators in a derivatives market bubble: Evidence from Chinese brokeragedata. The Review of Financial Studies, Forthcoming, 2020.

5.       PearsonN D, Yang Z, Zhang Q. The Chinese warrants bubble: Evidence from brokerageaccount records[J]. The Review of Financial Studies, 2020.

6.       AnnaScherbina，Bernd Schlusche. Asset PriceBubbles: A Survey

7.       Jose′A. Scheinkman and Wei Xiong. Overconfidence and Speculative Bubbles. Journal ofPolitical Economy, 2003, vol. 111, no. 6.

8.       Song,Zheng (Michael); Xiong, Wei. Risks in China's Financial System.ANNUAL REVIEW OFFINANCIAL ECONOMICS, VOL 10,2018,10():261-286.

9.       VolodymyrLugovskyy, Daniela Puzzelloa, Steven Tucker, Arlington Williams. Asset-holdingscaps and bubbles in experimental asset markets. Journal of Economic Behavior& Organization 107 (2014) 781–797.

10.    XieH, Zhang J. Bubbles and experience: An experiment with a steady inflow of newtraders[J]. Southern Economic Journal, 2016, 82(4): 1349-1373.

11.    XiongW, Yu J. The Chinese warrants bubble[J]. American Economic Review, 2011,101(6): 2723-53.

12.    Zhi-QiangJiang, Wei-Xing Zhou, Didier Sornette, Ryan Woodard, Ken Bastiaensen, PeterCauwels. Bubble diagnosis and prediction of the 2005–2007 and 2008–2009Chinese stock market bubbles. Journal of Economic Behavior & Organization74 (2010) 149–162.