A Study On The Strategies Of Cost Management Of Jincheng Investment Coporation

China's securities industry, has risen and developed only twenty years, during thisperiod, the securities transaction based investment company from scratch, from small tolarge, its growth rate is extremely alarming, as an important power to promote rapid andhealthy development in China's capital market. During this period the industry has gonethrough a lot of policy changes and unexpected events. Especially , recently fiveyears,with the socialist market economy system, its market environment changes andimproves, the securities investment industry is entering an era of the average profit fromhuge profits. China securities investment industry is facing a opportunity from the hustleto cool, from restlessness to meditation .Modern theory of financial economics has been focusing on capital structure, assetpricing and market efficiency research, assuming the stock market transaction costs notexist or not attach importance in many models and theoretical system. Such as the CAPM,APT theory etc assuming no transaction costs. However, in practice, transaction costs notonly exist, but also have a significant impact for investment income and investmentdecisions. On the cost of content, there are explicit transaction costs such as commissions,stamp duty, transfer fees, investigation fees, incentive funds, hidden costs are determinedby the trading system,which is the time cost of immediate execution. This paper analyzescost management of the Jincheng Investment Company in the secondary market,how tocontrol the dominant problems, such as trading too frequently, researching notcomprehensive, staff incentives or imperfect, and so on, respectively, from investmentsecurities through an effective means of cost control, to analyze, summarize, improve thecost management and control methods of the Jincheng company , the cost management isexpected to do with effective and Continuous improvement by the investment company ofJin Cheng, improvements and recommendations is providing cost control experience forcompanies like JinCheng company...