股权全流通条件下的股票市场制度建设问题研究

On the Institution Constructing of Stock Market with Equity Complete Liquidity

随着股权分置改革的顺利推进和基本完成,中国股票市场已进入"股权全流通"的新时期。投资者对股市未来的发展表现出相当乐观的投资心态。然而,要真正实现股票市场的长期、健康发展,必要加强和完善股票市场基本制度建设。结合我国股票市场的实际,当前应在上市公司规范运作制度体系、监管体系、投资者保护制度、公司并购制度规定、资本市场生态环境建设等方面加强制度建设,夯实资本市场发展的基础。

China＇ s stock market has come into a new stage with the reform of equity division. Most investors have an optimistic view on the future of stock market. However, the market＇s durative and healthy development should be based on a complete and perfect institution. Therefore the most important task now is to enhance the relative institution of stock market based on the reality of China＇s stock market, such as the operating standard of listed companies, the institution of companies merging, the market administration, the protection of investors, the protection of the market, etc. Then a firm foundation of market can be achieved.