First Author:   Kai Yin Woo Department of Economics and Finance, Hong Kong Shue Yan University kywoo@hksyu.edu   10 Wai Tsui Crescent,, Braemar Hill, North Point, nil, Hong Kong       Second Author: Shu Kam Lee Department of Economics and Finance, Hong Kong Shue Yan University sklee@hksyu.edu   10 Wai Tsui Crescent,, Braemar Hill, North Point, nil, Hong Kong       Third Author: Alan T. Y. Chan Department of Business Administration, Crandall University alan.chan@crandallu.ca   333 Gorge Road, Crandall University Moncton, E1G 3H9, Canada