Battle for Full Circulation - The Last Opportunity for the Securities Market in the Transition Period: The Last Opportunity for the Securities Market in the Transition Period

Author: Ge Zhengliang
Publisher:
Publish Date: 2004-02-01
Features: This is a suspense case simmering for over twenty years, the final showdown between planning and market, between closure and openness; it is a major turning point for the securities market – shifting from the periphery to the mainstream, from a bear market to a bull market; it is the last opportunity for the transition economy, a greater wealth appreciation opportunity than the lottery tickets, the first-tier-and-a-half shares, or the transfer shares. The issue of state-owned shares' liquidity has become one of the most discussed hot topics in China's stock market today. The reason why it has attracted such attention from all sectors of society is that whether the issue of state-owned shares' liquidity is handled well will directly affect the future development prospects of China's capital market. The purpose of writing this book is precisely this. The book provides a comprehensive discussion on the historical reasons for the formation of state-owned shares, the problems they bring, and the ideas for solving these problems. It is believed that this book will greatly help readers systematically understand this issue.