Strategic interaction between institutional investors and supervision department: a theoretical analysis of low-price collusion in SBIC

Financial Innovation

Table 6 Data of selected stocks relevant to quotation process

Stock symbol	\(p_{L}\)	\(p_{1}\)	\(p_{2}\)	\(p_{3}\)	\(\overline{p}(x)\)	\(\eta\)	\(n\)	\(\alpha\)	\(e\)	\(pe\)
688,071.SH	33.03	13.78	21.83	23.88	13.73	0.56	500	0.02	0.55	40
688,148.SH	34.34	4.83	15.88	17.05	4.58	0.11	3040	0.03	0.11	47
688,296.SH	44.20	12.56	24.86	27.36	12.46	0.25	850	0.02	0.67	59
688,303.SH	72.00	21.79	37.21	38.00	21.49	0.01	8000	0.05	0.54	46
688,501.SH	16.48	10.59	12.05	16.20	10.57	0.49	780	0.02	0.44	39
688,509.SH	5.66	1.99	2.77	28.12	1.97	0.08	6,000	0.02	0.07	34
688,511.SH	53.38	28.54	52.50	52.77	28.09	0.18	600	0.02	1.36	46
688,670.SH	80.90	55.53	95.21	267.00	55.18	0.15	670	0.03	1.76	44
688,718.SH	28.46	5.87	10.50	14.74	5.85	0.51	1290	0.02	0.24	40
688,768.SH	102.00	18.38	42.10	42.73	18.23	0.40	500	0.01	0.92	35
688,778.SH	106.22	24.62	33.95	55.73	24.50	0.07	1900	0.02	0.97	47
688,793.SH	106.51	27.53	57.13	57.67	27.40	0.27	450	0.02	1.02	45
688,800.SH	80.65	15.40	46.05	99.00	15.02	0.20	800	0.02	0.61	45
Average	58.76	18.57	34.77	56.94	18.39	0.25	1952	0.02	0.71	44