Investors Protection On The Multi-level Stock Market Of China

As the development and improvement of multi-level stock market in China, more and more people pay attention to investors protection. The protection status of investors will directly affect the enthusiasm of investors and the company's financing capacity, will be related to the stock market situation. Therefore, investors protection can not be ignored.The main-board market, Small and medium-sized enterprise(SME) board, Growth enterprise board, Three board market constitute multi-level stock market system together, meet the diversification of investors and corporate needs. For the different characteristics of each section and its investors, different plates emphasis different mechanisms in investors protection, such as legal norms, self-regulatory system, judicial remedies and self-protection. Different stages of each section lead to different condition of investors protection. This article focuses on the condition and improvement of investors protection on the Main-board market, and as a reference, summarize the condition of Small and medium-sized enterprise board, Growth enterprise board, Three board market,and discussed the recommendations and measures of investors protection improvement.Investors protection is an urgent and important issues in our country, the safeguard of all parties are needed. Investors protection legal system will not be carried out in practice until the government regulators, listed companies, intermediary institutions and investors take action, play their own role in the formation of investors protection.