Chinese GEM Market Operating System

Author: Wang Li
Publisher:
Publish Date: 2003-01-01
Features: This book takes the operational system of China's GEM (ChiNext) market as the research subject. Through a systematic examination of overseas GEM markets and combining the operational experience and lessons of the domestic main board market, it conducts an in-depth analysis and research on the establishment model of China's GEM market, proposing its functional positioning and market characteristics. On this basis, it focuses on dissecting and arguing the main operational systems of the proposed China GEM market, and puts forward a series of specific countermeasures and suggestions. The GEM market is an important component of a country's capital market, with its primary function being to provide financing channels for growth-oriented emerging small and medium-sized enterprises and to offer exit mechanisms for venture capital. The establishment model and operational system selection of China's GEM market should be based on learning from the successful experiences of developed countries, combined with China's national conditions, and aligned with international practices.