Bradley, DanielLi, MingshengShi, Jing2015-12-070732-8516http://hdl.handle.net/1885/17185We investigate the trading behavior and liquidity supply of Chinese initial public offerings (IPOs) that trade in an order-driven market system with pure limit order books where nomarket makers or price support is allowed. We find large trades and quotedIPO Trading without Market Makers or Underwriter Price Support201110.1111/j.1540-6288.2011.00308.x2015-12-07