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

Author: Ge Zhengliang
Publisher:
Publish Date: 2004-02-01
Features: This is a suspenseful case that has been brewing 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, first-tier and half-tier shares, or rights offerings. The issue of state-owned share liquidity has become one of the most discussed hot topics in today's Chinese stock market. The reason it has garnered such attention from all sectors of society is that whether this issue is handled properly will directly affect the future 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.