资本市场的现状和未来

Capital market:Status quo and prospects

该文从估值、成交量、换手率、上市公司的盈利增长等几个角度阐述了资本市场繁荣的现状,认为繁荣的根本来自于GDP 的高速增长、盈利的非正常增长、巨额的贸易顺差以及充沛的流动性;并指出应进一步理顺资本市场的发展机制、改善基金行业的产权结构和人才制度,真正实现资本市场的繁荣和强大。

From the perspectives of assessed value, trading volume, turnover, and profit growth of listed companies, this paper elaborates on the booming status quo of China＇s capital market, and finds that the ultimate source of the prosperity lies in the rapid GDP growth, abnormal increases in profits, a huge trade surplus, and high liquidity, Finally, this paper recommends that the mechanism be improved to facilitate the development of the capital market, and better the property rights structure and HR system in the fund industry, so as to realize the true prosperity of a powerful capital market.