Report on professional attachment with C Y Ng & Co.

This report gives a general idea of the working environment at the company, a summary of my working experience, as well as, a few insights i have gained during my attachment

Information content of pre-earnings disclosures made by analysts.

Motivated by conflicting research on the complimentary and substitutive association between analysts’ information and earnings, we aim to investigate the association between these competing information sources. We found no substitutive association, even with analysts’ uncertainty during the pre-disclosure period. Investors take into account both when revising their trading decisions