Miller, E.M. (1997) Risk, Uncertainty, and Divergence of Opinion. Journal of Finance, 32, 1151-1168.
 Duffie, D., Garleanu, N. and Pedersen, L.H. (2002) Securities Lending, Shorting, and Pricing. Journal of Financial Economics, 66, 307-339.
 Aitken, M.J., Frino, A., Mccorry, M.S. and Swan, P.L. (1998) Short Sales Are Almost Instantaneously Bad News: Evidence from the Australian Stock Exchange. Journal of Finance, 53, 2205-2223.
 Danielsen, B.R. and Sorescu, S.M. (2001) Why Do Option Introductions Depress Stock Prices? A Study of Diminishing Short Sale Constraints. Journal of Financial and Quantitative Analysis, 36, 451-484.
 Allen, F. and Gale, D. (1991) Arbitrage, Short Sales, and Financial Innovation. Econometrics, 59, 1041-1068.
 Huang, F.M. (2018) A Study on the Stock Price Effect of the Adjustment of the Stocks in Margin Trade and Short Selling System—A Shares in Shenzhen Stock Market as an Example. Contemporary Finance and Economics, No. 4, 45-53.
 Brunnermeier, M.K. and Pedersen, L.H. (2005) Predatory Trading. Journal of Finance, 60, 1825-1863.
 Liu, S.C., Cheng, B.H., Yang, Z. and Liu, J.Y. (2018) Research on the Influence of Margin Trade and Short Selling on the Volatility of Stock Price. Journal of Beijing Jiaotong University (Social Sciences Edition), 17, 61-70.
 Li, K., Xu, L.B. and Zhu, W.H. (2014) Short Selling Restriction and Stock Mispricing: Evidence of Margin Trade and Short Selling. Economic Studies, No. 10, 165-178.
 Li, Z.S., Chen, C. and Lin, B.X. (2015) Does Short Selling Improve Pricing Efficiency in China’s Stock Market?-Evidence Based on Natural Experiments. Economic Studies, 50, 165-177.
 Saffi, P.A. and Sigurdsson, K. (2011) Price Efficiency and Short-Selling. Review of Financial Studies, 24, 821-852.
 Boehmer, E. and Wu, J. (2013) Short Selling and the Price Discovery Process. Review of Financial Studies, 26, 287-322.
 Fama, E.F. and French, K.R. (1993) Common Risk Factors in the Returns of Stocks and Bonds. Journal of Financial Economics, 33, 3-56.
 Sadka, R. and Scherbina, A. (2007) Analyst Disagreement, Mispricing and Liquidity, Journal of Finance, 62, 2367-2403.
 Chordia, T., Roll, R. and Subrahmanyam, A. (2008) Liquidity and Market Efficiency. Journal of Financial Economics, 87, 249-268.
 Li, Z.S., Du, S. and Lin, B.X. (2015) Short Selling and Stock Price Stability: a Natural Experiment from China’s Margin Trade and Short Selling Market. Financial Studies, No. 6, 1873-1888.
 Fang, L.B. and Xiao, B.Q. (2015) The Influence of Margin Trade and Short Selling System Imbalance on the Pricing Efficiency of Stocks. Contemporary Economic Science, 37, 48-56, 125-126.