创业板市场的功能定位与信息披露特点

On the Initial Markets and Its Information Revelation

［摘 要］相对于主权市场而言，创业权市场的上市标准低、风险大、收益高，可促进具有成长性的中小高新技术企业的发展，为创业投资提供进入退出便利，因而其信息披露必须体现上市公司的成长性，反映市场的风险性，注重信息的时效性，保障投资者的利益性。

Abstact: Comparing with the leading markets, the standard of the initial markets is lower, on dangrous, and moveprofitable. It can promote the high - new technological development of the growing enterprises of the medium - and -small - sizes. It can be convenient for the initial investment to enter into or withdraw. The information from the initialmarkets should reflect the development of the quoted companies, the risk of the markets in de to protect the interestof the investors.