Research on Chinese institutional investors

Author: Geng Zhimin
Publisher:
Publish Date: 2002-10-01
Features: This book starts from the trends of integration, institutionalization, and fundation in the international capital market, providing readers with a theoretical framework system for the management system and policy decisions of Chinese institutional investors at different levels (macro and micro). It also offers technical solutions for reference, filling the gap in domestic economic theory research and holding significant academic value and practical policy guidance significance, contributing to the standardized development of China's securities market. This book is a systematic academic monograph on the management of Chinese institutional investors. It initially constructs a nonlinear dynamics analysis framework for the Chinese securities market and a model of institutional investor behavior, creatively proposing that an unbalanced institutional investor system structure is an intrinsic factor leading the operational system of China's securities market into chaos equilibrium, which constitutes the market conditions and institutional foundation for the "fund dark." Through an in-depth study of the institutional changes, operational mechanisms, economic effects, and management decisions of institutional investors such as mutual funds and social security funds, the book clearly points out that the rational choice for China's institutional investor regulatory system is to implement a cautious "re-regulation."