Investment and Speculation: Research on the Investment Behavior of Institutional Investors

Author: Gong Yusong
Publisher:
Publish Date: 2004-11-01
Features: Mature foreign stock markets have long been dominated by institutional investors, and China's stock market is also rapidly entering the era of institutional investors. With the removal of policy barriers, various institutional investors such as fund management companies, social security funds, insurance companies, QFII, private funds, and securities companies are flooding into the stock market. China's securities market has entered a new era of institutional leadership and institutional competition. The era of small investors is gradually fading away, and value investing and rational investing led by institutional investors will eventually become the mainstream of the market. This book applies modern financial theory and securities investment theory, closely domestic and international securities market practices, and systematically, comprehensively, and deeply studies the changes in the market during the institutional era, as well as institutional investment strategies, methods, and philosophies.