Research on the Chinese Financial Holding Company System

Author: Kong Lingxue
Publisher:
Publish Date: 2005-10-01
Features: A financial holding company refers to a financial group that provides large-scale services in at least two different financial industries, such as banking, securities, and insurance, under the same controlling authority, primarily through equity or other rights like managerial authority. The basic definition of financial holding companies studied in this book does not refer solely to the parent company of the financial holding company but to the entire group, including both the parent company and all subsidiaries it controls or manages. The author chose to study the Chinese financial holding company system as a research topic for the following reasons: , the need to explore how China's financial industry can respond to increasing international competition in an open environment. Second, the need for a strategic transformation in financial reform and development. Third, the need to regulate domestic financial competition and improve the operational conditions of China's financial industry. Fourth, the need to improve and standardize existing financial holding companies and "quasi" financial holding companies in China. Fifth, the need for financial theoretical research. Sixth, the significance of finance. Seventh, the requirements of the author's job.