The Risk Management Research On China's Securities Market In The Process Of Opening-Up

At present, with deepened the opening-up of china's securities market, the risks emerged. While access to the receipts, how to prevent the opening risk has become a top priority task. The risk management includes identification, measurement, analysis, prevention. The research methods of this paper are theoretical analysis and empirical analysis. On the basis of analysis opening-up risk and learning from foreign experience, we refer to risk management strategy. In this paper, we introduce the opening-up process of international securities market and China's prcatice at first, especially sum up the experience of risk management of emerging market countries. Secondly, we analysis the facing of opening-up risk and the factors which increase the risk. It shows that there are risk caused from market, capital flows, financial innovation, securities institutions and financial supervision. As accelerating the process of opening up and some factors on international and domestic macroeconomic environment and financial markets, the risks will increase. Finally, we give the advice to prevent opening-up risk of China's securities market.