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| Author: | Han, Kewei |
| Title: | The development of securities market: status quo and standardisation (original in Chinese) |
| Journal: | China National Conditions and Power Monthly (c)
1997 : 9, p.27-29 |
| Index terms: | STOCK MARKETS CHINA |
| Language: | chi |
| Abstract: | By the end of Feb., 1997, there were 561 listed companies altogether in Shanghai and Shenzhen stock exchanges with a total market volume reaching 1162.6 billion yuan. At present, 86 companies have issued B share stocks, raising a total of US$ 3 billion or so of capital in China. But there is a lack of powerful management institution of securities and perfect laws and regulations in China. To standardise China's securities market, we should establish a concentrated management system of securities market and legal system to control the undue speculation and promote the innovation of securities market and speed up the reform of shareholder enterprises in a bid to standardise the securities-issuing subject. |
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