The Study In Law System Of Regulation The Growth Enterprise Market

This thesis begins with conclusion of the typical characteristics of growth enterprise market(GEM) by analyzing the history of GEM. The followed the method of Economic analysis and Law analysis in the hope of laying theoretical basis for GEM. Moreover, with comparisons the law system of regulation between other typical growth enterprise markets, concluded the inspiration in law system of regulation the GEM. Conclude the problems in law system of regulation the GEM after analyse the operation mode and orientation. Finally puts forward some suggestions on the perfection in law system of regulation the growth enterprise market directed by the idea of equilibrium with the principle of law.The paper comprises three parts:The first part:Basic theories of law system of regulation the growth enterprise market. GEM is a corresponding concept to the Main Board. After several decades of development, GEM has become the important market for promoting high-tech, growth-oriented small and medium enterprises in the rapid development. Compared with the Main Board, GEM has many characteristics, such as low listing threshold, high market risk, which leads to the higher requirements of the legal regulation.The second part:Fundamental analysis of law system of regulation the growth enterprise market. NASDAQ, AIM, Hong Kong GEM, as typical representatives of GEM, combine with the current status and problems of the GEM regulation and the mature experience of overseas GEM in the legal regulation, which provides a reference for sustained and health development of GEM of China.The third part:Improve the law system of regulation the growth enterprise market.The existing problems of GEM regulation legal system of China are based on the conflict between different regulatory targets. Economic law conducts the Balance Concept as a guide. The balance of interests and rights of different market subjects promotes the system of market access, transactions and exit completed and gradually builds a legal system for GEM regulation with Chinese characteristics, which can promote the sustained and health development of GEM of China.