Study The Growth Enterprise Market Risk And Prevent Problems In China

With the gong struck aloud, China Growth Enterprise Market has been set up in Shenzhen Stock exchange after ten years preparation, the first group of 28 small and medium-sized enterprises was listed on board, China Growth Enterprise Market will play an important role in China Secondary market therefrom, it will help China capital market to become a multi-layer capital market. Because the qualification of listed in growth enterprise market is lower than listed in small and medium-sized enterprise market, so growth enterprise market provides financing channel for those small and medium-sized enterprises and high-tech companies especially with self-innovation and high development potential that can not meet the requirement of listed in main board and small and medium-sized enterprise market, and it also provides a more convenient and effective withdrawal channel for venture capital. But because of growth enterprise market’s own characteristic, as bran-new investment product and investment market, it brings high return to investor also containing high risk at the same time.In this paper, we bring out the problem on risk and solution for keeping away risk after China growth enterprise market was released, the purpose is that this research is not only focus on theoretics hypothesis, but also on the performance of listed companies in growth enterprise market. China don’t have much long history on securities market, we need to enhance our risk prevention system. In order to make our growth enterprise market work healthily, orderly and steadily under the supervision of finance inspection organization, nip in the bud, decrease and keep away market risk to the largest extent, we analyse all participants and relevant agency institution of growth enterprise market including listed companies, investors, brokers and supervise institution, and consult the experiences and lessons of foreign second board markets, including successful NASDAQ Stock Market, abortive Germany Neuer Market and grown slowly Hongkong Growth Enterprise Marker, follow up actual status of market operation and explore possible risk and prevention solution in every process.