The Study On Security Market Institution In China

Chinese securities market is an emerging market with various problems. Thus, it is essential to ensure it's healthy development by effective supervision. This article is mainly about the understanding of securities market's supervision system. We will review those existing problems and analyze their causes, and further assume the way to strengthen and improve our securities supervision.Securities supervision, which include its significance, purposes, principles and approaches as well as supervisory institutions and their objects. Strengthened supervision schemes can protect investors' benefits, maintain market order, increase efficiency and facilitate market's sound growth. Through securities market's healthy development, supervision reaches it's ultimate aim, that is, the firm development of the whole national economy.Some typical securities supervision models abroad. The U.S., England, Germany, Japan, Hong Kong and Taiwan are raised as representatives of three different models. By contrasting and analyzing their experiences, we can draw some lessons and make our suggestions.Focuses on the necessity of securities supervision by analyzing existing problems in our securities market. For example, monopoly and behind-the-scene manipulation which lead to frauds, and information mismatch are generally existing. Excessive and illegal speculation brings some uncertainty into the securities market and damage it's equilibrium mechanism.By the way of establishing and complementing it and with the development of commodity economy, securities supervision is required to be market-oriented, legal and international. We must observe these 3 principles.