QFII制度对中国证券市场的影响

Effects of QFII on China's Stock Market

文章基于分析QFII制度在台湾、韩国和印度等国家实施后对证券市场产生的不同程度的影响 ,阐述了QFII制度是一项通过允许一国 (地区 )资本市场与国际资本的有限制流动 ,从而解决在资本项目管制条件下向外资开放本土证券市场问题的有效措施。QFII制度将以其成熟的国际资本市场运作方式、先进的管理模式对中国证券市场在投资理念和盈利模式等方面产生积极影响。

Based on the analysis of the effects on securities markets of QFII regulation which has been applied in Taiwan,Korea and India,this paper illustrates that QFII regulation which admits a country's capital market operation and international capital flows in a constrained manner is an effective way of solving the problems of opening homecountry's securities market to foreign capital. QFII regulation will positively influence the investment perspective and the pattern of making profit in China's securities market with its mature way of operating and developed managing pattern in international capital markets.