The Re-Emerging Securities Market in China

The Re-Emerging Securities Market in China PDF Author: Mei Xia
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 208

Get Book Here

Book Description
This unique book examines the re-emergence of a securities market in the People's Republic of China, providing a comprehensive analysis of the market forces that are transforming China's centrally planned economy. The authors provide answers to the key issues such as: Why did a securities market develop in China? How do market practices compare with those in other countries? What are the major difficulties encountered in the development process of the securities market, and what growth potential does the Chinese securities market have? Based on Dr. Xia's comprehensive survey of officials at Chinese securities issuing companies, government policy agencies, and stock exchange centers, the authors offer a comprehensive report on the investment climate in China and its future. After reviewing briefly the emerging securities markets of other developing countries and the impact of the international debt crisis, the authors examine the economic reforms in China and their impact on China's business climate. An in-depth discussion of financial sector developments, the regulatory framework and scope of the securities market, and a profile of market participants precedes a comprehensive examination of the type and nature of bond and stock issuing activities. The operations of securities trading centers, including secondary markets and, in particular, the Shanghai Exchange, is explained in detail with the conclusion offering unique insights into the development prospects of these markets. Essential to all investors in China, this book is also an important source of information for academics, researchers, and business executives.

The Re-Emerging Securities Market in China

The Re-Emerging Securities Market in China PDF Author: Mei Xia
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 208

Get Book Here

Book Description
This unique book examines the re-emergence of a securities market in the People's Republic of China, providing a comprehensive analysis of the market forces that are transforming China's centrally planned economy. The authors provide answers to the key issues such as: Why did a securities market develop in China? How do market practices compare with those in other countries? What are the major difficulties encountered in the development process of the securities market, and what growth potential does the Chinese securities market have? Based on Dr. Xia's comprehensive survey of officials at Chinese securities issuing companies, government policy agencies, and stock exchange centers, the authors offer a comprehensive report on the investment climate in China and its future. After reviewing briefly the emerging securities markets of other developing countries and the impact of the international debt crisis, the authors examine the economic reforms in China and their impact on China's business climate. An in-depth discussion of financial sector developments, the regulatory framework and scope of the securities market, and a profile of market participants precedes a comprehensive examination of the type and nature of bond and stock issuing activities. The operations of securities trading centers, including secondary markets and, in particular, the Shanghai Exchange, is explained in detail with the conclusion offering unique insights into the development prospects of these markets. Essential to all investors in China, this book is also an important source of information for academics, researchers, and business executives.

Chinese Companies and the Hong Kong Stock Market

Chinese Companies and the Hong Kong Stock Market PDF Author: Flora Xiao Huang
Publisher: Routledge
ISBN: 1134671113
Category : Social Science
Languages : en
Pages : 326

Get Book Here

Book Description
Listing by companies from one country on the stock market of another country is a device often used both to raise capital in, and to increase bonding with, the target country. This book examines the listing by Chinese companies on the Hong Kong stock market. It discusses the extent of the phenomenon, compares the two different regulatory regimes, and explores the motivations for the cross-listing. It argues that a key factor, in addition to raising capital and bonding with the Hong Kong market, is Chinese companies’ desire to encourage legal and regulatory reforms along Hong Kong lines in mainland China, in order to develop and open up China’s domestic capital markets.

The Global Securities Market

The Global Securities Market PDF Author: R. C. Michie
Publisher: Oxford University Press
ISBN: 0199280614
Category : Business & Economics
Languages : en
Pages : 412

Get Book Here

Book Description
This volume provides an authoritative account of the global securities market from its earliest developments to 2006.

China's Emerging Financial Markets

China's Emerging Financial Markets PDF Author: James R. Barth
Publisher: Springer Science & Business Media
ISBN: 0387937692
Category : Business & Economics
Languages : en
Pages : 661

Get Book Here

Book Description
China’s emerging financial markets reflect the usual contrast between the country’s measured approach toward policy, regulatory, and market reform, and the dynamic pace of rapid economic growth and development. But they also offer unusual challenges and opportunities. In the past five years, the pace of opening and reform has accelerated sharply. Recapitalization and partial privatization of the largest banks, and the allowance of some joint venture and branch operations for foreign financial institutions, are making rapid headway in developing and expanding financial services and improving access to domestic business and households. This book provides the most extensive look available at the evolving Chinese financial system. It begins with alternative perspectives on the evolution of the financial system and the broad outlines of its prospects and potential contribution to economic growth. Three articles review broad aspects of the financial system. Franklin Allen, Jun ‘‘QJ’’ Qian, Meijun Qian, and Mengxin Zhao lead off with overviews of the banking system and performance of the equity market and other institutions.

China's Stockmarket

China's Stockmarket PDF Author: Stephen Green
Publisher: John Wiley & Sons
ISBN: 9781861976659
Category : Business & Economics
Languages : en
Pages : 292

Get Book Here

Book Description
Sixteen years after the first shares were traded in Shanghai, China's stockmarket is now recognised as the developing world's most important market and is already the third largest in Asia. All the large Western banks and investment firms have a strong presence in Shanghai. Now that China has become a member of the World Trade Organisation (WTO), the growth of the Chinese stockmarket is being eagerly watched. This is an informative and accessible guide to China's stockmarket. It explains the creation of the market and how it has developed since the 1980s. Key policies are examined; major scandals recounted; and the different types of investors—institutional and individuals—analysed. Finally, the book maps out the likely development of China's stockmarket over the next ten years and examines the opportunities and risks involved for foreign investors.

The Development of China's Stockmarket, 1984-2002

The Development of China's Stockmarket, 1984-2002 PDF Author: Stephen Green
Publisher: Routledge
ISBN: 1134345348
Category : Social Science
Languages : en
Pages : 335

Get Book Here

Book Description
As China's government manages a transition away from the socialist plan, how does it build the regulatory institutions it needs to manage the new market economy? Without the correct institutions, laws and agencies that implement the laws in place, the remarkable growth witnessed in China over the last two decades will falter. Financial sector reform lies at the heart of China's economic transition and China's stock market has become critical to the reform of state-owned industry, the supply of fiscal revenues and in building a modern pension system. The Development of China's Stockmarket takes a close look at the policy-making and regulatory institutions the government has created to manage equity development and shows how, in contrast to neo-institutional and economic theories of regulatory development, public actors have controlled institutional development. Based on extensive field research in Shanghai, Shenzhen and Beijing and over forty interviews with regulators and market players, The Development of China's Stockmarket provides the first detailed academic analysis of the country's stockmarket. With a comprehensive review of Chinese language literature available on the subject, this book is essential reading for all scholars with an interest in Asian Business and China's transition from socialism.

Corporate Governance and China's H-share Market

Corporate Governance and China's H-share Market PDF Author: Alice De Jonge
Publisher: Edward Elgar Publishing
ISBN: 1848442785
Category : Business & Economics
Languages : en
Pages : 323

Get Book Here

Book Description
Using detailed case studies of the first nine mainland Chinese companies to be listed on the Hong Kong stock exchange (1993 94), Alice de Jonge examines the evolution of corporate governance law and culture in China s H-share market. A story emerges not of tensions between ideas of corporate governance from two different legal systems Hong Kong vs. mainland Chinese nor about legal convergence as China adopts concepts from Anglo-American jurisdictions. Rather, it is a story of individual firms being pragmatic in mediating the different agendas of state-agencies that own or control them. Corporate Governance and China s H-Share Market looks at corporate governance in a cross-border context is unique in providing a detailed understanding of China s H-share market reveals why a beer company was the first ever Chinese firm to be listed overseas. This fascinating work will appeal to postgraduate students and scholars of corporate governance, Asian law and legal systems and Asian business, as well as Chinese scholars more generally. Professionals such as law practitioners working in Chinese law will also find the book of interest.

Law Reform and Financial Markets

Law Reform and Financial Markets PDF Author: K. Alexander
Publisher: Edward Elgar Publishing
ISBN: 0857936638
Category : Law
Languages : en
Pages : 361

Get Book Here

Book Description
Law Reform and Financial Markets addresses how law reform can be used to support strong financial markets and draws on the Global Financial Crisis as a case study. This edited collection reflects recent developments, including the EU institutional reforms and Dodd-Frank Act 2010. The different contributions adopt a range of theoretical, contextual, and substantive perspectives, examine different domestic, regional, and international contexts and assess public and private law frameworks in considering how legal and regulatory reforms can be most effectively designed for strong financial markets. This comprehensive book will appeal to academics and postgraduates in the field of financial regulation and in cognate fields, including finance and economics, as well as to regulators and policymakers.

The Trading Crowd

The Trading Crowd PDF Author: Ellen Hertz
Publisher: Cambridge University Press
ISBN: 9780521564977
Category : Business & Economics
Languages : en
Pages : 260

Get Book Here

Book Description
In 1992, there was an explosion of 'stock fever' in Shanghai. 'From the moment I set foot in Shanghai until my last day there, people from all walks of life wanted to talk to me about the market', Ellen Hertz writes. Her 1998 study sets the stock market and its players in the context of Shanghai society, and it probes the dominant role played by the state, which has yielded a stock market very different from those of the West. A trained anthropologist, she explains the way in which investors and officials construct a 'moral storyline' to make sense of this great structural innovation, identifying a struggle between three groups of actors - the big investors, the little investors, and the state - to control the market.

Securities Dispute Resolution in China

Securities Dispute Resolution in China PDF Author: Sanzhu Zhu
Publisher: Routledge
ISBN: 135114958X
Category : Law
Languages : en
Pages : 297

Get Book Here

Book Description
Securities Dispute Resolution in China is a comprehensive and detailed study of the increasingly important issue of how cases involving securities are dealt with by Chinese courts, commissions and other administrative authorities and by arbitration and mediation in the PRC. The work identifies the nature and types of securities disputes and the various procedures, including alternative dispute resolution, used to address them. This timely, groundbreaking book is particularly relevant at a time of growing foreign investment in China's securities market. The volume will be an invaluable resource for researchers and practitioners in developed as well as emerging markets.