对我国二板市场三个有关问题的深入思考

Thoughts about the Three Issues on Second Stock Market in China

近两年来 ,二板市场一直是我国证券界最热门的话题之下 ,不少专家学者和业内人士纷纷著文 ,对我国二板市场的建立进行了一系列研究探讨 ,并对二板市场的未来发展寄予了厚望。应该说 ,二板市场的推出对于推动我国资本市场制度建设 ,促进主板市场的市场化改革和创新 ,改善中小企业尤其是中小高科技企业的融资环境等 ,都具有不可否认的积极作用。然而 ,国目前推出二板市场的条件是否成熟 ?二板市场与高新技术产业发展的相关程度究竟有多大 ?二板市场的建立又会对我国证券市场的运行产生怎样的影响 ?这些问题都需要我们在二板市场热中进行认真和冷静的思考。

In recent years,the second stock market has been one of the heated topics in the oircle of securities of China,and many experts,scholars and professionals,one after another,have written papers to make a series of researches on the establishment of the second stock market in China and have placed great hopes on the future of its development.The presence of the second stock market has played a positive role in pushing the setup of the capital market system,advancing the marketability reform and innovation of the main stock market and perfecting the financing environments of the medium-small enterprises,especially the medium-small high-tech enterprises.However,are the conditions ripe for presenting the second stock market?How great is the rdlated degree in the second stock market and the high-tech industrial development?What is the influence on the operation of the security markets of China by the establishment of the second stock market?All these questions need us have a serious and calm consideration in the second stock market craze.