Risk Analysis And Risk Prevention Of Our Second Board Market

The first batch of 28 companies listed in china's second board market on October 30th, 2010. Since its establishment, Number of listed companies grew rapidly in a short period. By 2010, September 30 the number of listed companies reached the house of 123. Relative to the board market, price fluctuations in the second board market is stronger, and share prices of Second board market have much volatility phenomenon. Second board market is a high-risk market, and the time of our Second board market's operation is even short, so How to effectively prevent the risks of Second board market become a priority.Learning from the experience of others international second board market and combining with China's specific conditions, this article analyses the second board market risks from Macro and micro perspective. By the risk prevention analysis of NASDAQ market, British AIM market and Hong Kong's second board market, article summarizes the questions and experience we should be noted in the process of development. From a macroscopic perspective, article analyses risks of market mechanism and system such as, Established risk, Market operation's risk. At the same time, from a micro perspective article analyses the issuers'risk, investors'risk and intermediary agencies'risk.Through analyzed our second board market's risk and learned from development of the board second market', at last article makes recommendations of the risk prevention:from a macroscopic perspective, we should improve our legal system and the market mechanism; from a micro perspective, we should strengthen Specification of Market players, for example we should strengthen Specification of listed companies, investor and intermediary agencies.Second board market Risk analysis Risk prevention...