Reformance And Improvement On Securities Issuance System In China

This thesis takes our country抯 securities issuance system as research object and carries through deep analyzing. And then, it points out the problems of our country抯 securities issuance system and gives a solution approach. It brings forward some useful references of our country抯 securities issuance system reformation. The sense of selecting topic. The securities issuance market is the important part of the system of securities market, is the important way to the dispose resource of market economic. The fully elaborating of the market function in securities issuance, depend on the extent which the securities issuance system抯 development. From the point of our country, with the ten years developing, the securities market has basically built the vital site in the economic development and reformance. But with the increasing expend, many problems have been exposed. Whereas the problems which exposed by the securities market are more serious than others. The basic reasons result in the problem, however have to do with the exterior environment in which our country is being the economic system reforming, in addition, with lacking of perfect system in the market. From the point of securities market developing in the long run. It is necessary to re-inspect the main problems in the system building of the securities issuance market. On the basic of learning fully the foreign securities issuance system, related with the specific of our securities market, and re-design the main system .The basic of this thesis, lies in the system studying for the securities issuance market, especially the studying up its fault. And then probe into the possible ways of the reformance and improvement in the market issuing system. The innovation of the thesis consists in these points such as Firstly, sofaras, there have been many studying document about securities issuance system. But iii 3 most of them only studied the theory difference between the authorizing system and registration system, and the possibility about the replacing authorizing system with the registration system. This has little sense for the reality. Whereas this thesis have probed into our securities issuance system by studying the special period which our country is lying the recommence. In the end, it points out the problems and basic reasons in our secunties issuance system the solving way in this time. It puts forward some approaches for our recommence and innovation. Secondly, as far as the studying method is concerned, combined with the theory studying, example studying and other studying. Thirdly, as far as the studying content is concerned, there are some innovations. Such as studying about the second-hand market, the function of securities exchange. This thesis is derided into four parts. The first part defines the conception of securities issuance system and analyses the characters of securities issuance system which our country adopts. The second part points out the existent problems and the reasons of our country抯 securities issuance system. The third part brings forward the approaches and aims of the reform of our country抯 securities issuance system. The fourth part, that is to say, is the solution. On basic of conclude the main content, it draws precise conclusion for reference problems. And in addition, it points out that it is necessary...