Study On Gem Market's Listing System In China

October 30,2009, the first 28 companies in the gem listed in Shenzhen, it also marked China's growth enterprise market open officially. Reviewing the development course of the gem, the whole process after more than 10 years, it was really a feast of "10 mill rocks". By October 30,2010, founded 1 anniversary of the gem, there are 134 companies listed, always raising money over 1000 billion yuan; and also reached total market value of over 600 billion yuan; total circulation up strands more than 31 million. The whole of the gem market development up well. The rapid development of the gem market support start-ups, business investment and strategic emerging industry development effectively. But we have to face the reality that the problem has exposed or will be exposed when achieving such gratifying achievements. Such as high prices, super idle funds raised, "growth" change "low growth", company executives resigned, delisting system lack, PE corruption and so on. China's growth enterprise market still need system and control rules, and reference the successful experience of overseas growth enterprise market with your own situation and do some adjustment and reform has become a feasible way.Based on the actual situation of China's growth enterprise market from the international and domestic perspective, and in the general analysis of China's listed system and present situation of the gem market, this paper studied emphatically listed system of the listed auditing system and listing conditions problems, and according to research conclusion puts forward relevant policy Suggestions. This research has important theoretical and practical significance for further perfect our country gem market system. Especially for the listed audit system and listing conditions, aiming at China appear in the gem market practice some actual problems puts forward the solving method, and promoting the healthy development of the gem market.This paper made a comprehensive comb and summarized for the development history and status quo of gem market. Through a quantitative analysis of each listed standard specific situations and the frequency of each index in the gem market in each country, we have more intuitive and relative standard objective understanding. However, only quantitative index is not enough, because some requirements or even particularly important requirement is can't quantify the direct description. So this paper also adopted the qualitative analysis method. The one of the features of this article Comparison is research method.This paper attempts to form features in some respects. But because material, time and level place is restricted, the author deeply think this paper also exist some disadvantages. First, this paper focuses on public audit system and listing conditions of the market system, and other issues are not discussed. Second, the paper mainly adopts the standard method, and has failed to make an empirical analysis in the listed auditing system and relevant listing conditions.