Modern securities and futures markets

Author: Yang Haoming
Publisher:
Publish Date: 1997-12-01
Features: This book first discusses the functions, participants, financing instruments, and state regulation of modern financial markets, examining the types, roles, market trading mechanisms, and behavioral norms of stock, bond, and futures markets. It then introduces several methods for analyzing market trends, such as using economic theory to predict long-term price changes and employing technical charts to forecast short-term price movements. Finally, it discusses the problems that exist and may arise in the development of China's financial market and proposes several policy recommendations. The book is well-organized, with accurate arguments and fluent language, making it a valuable reference for professionals in the financial industry and the general public.