The Introduction Of The Qfii System Influence And Countermeasures Of China's Securities Market

As an important part of China economy, under the background of economic globalization and China entering WTO, China security market has stepped into a new development phase. The establishment of QFII is an very important event during the opening and development of China capital market, which will incite more foreign fund to come into China security market. Introducing the overseas institute investor's fund, the idea and the operation method will bring the new opportunity and the challenge to China stock market participants. Through research into many developing countries security markets' opening history, we can find that new emerging counties' security markets opening hall all used the evolution pattern, of which QFII is quite typical. Some experiences of new emerging markets such as Taiwan and South Korea manifest that QFII is the most feasible opening pattern towards complete opening.For the past three years, the course of introducing QFII to China and investment practice of QFII in our stock market provide us the objective reality basis to study the influence to China security market. Carrying on the thorough inspection to QFII in our county in recent years, based on theorem and reality, deeply analyzing the influence that QFII has caused from different aspects is very important to impel China stock market own healthy development and comprehensive internationalization.