Zhuhai Asstes&Equtty Exchange Service Operation Mechanism Problems And Innovation Research

Property rights trading market is a tangible factor market with Chinesecharacteristics formed for the purpose of adapting to the reform, restructuringof state-owned enterprises, and flow of various property rights (equity) in thespecific system environment of China’s economic system reform and thetransformation.This paper elaborated the theory of innovative development and thefundamental facts by researching Zhuhai Asstes＆Equtty Exchange Servicedramatic change from “government-agent market” to “regional trading marketplatform” with its three development stages (initial exploration, regulateddevelopment and Across the growing) as major researching direction. At thesame time to study Zhuhai Asstes＆Equtty Exchange Service comparativelymatured operation system and dealing processing experiences formed andgained in its system building, business model setting and from its practice ingovernmental public resources sector. Focus on researching the operationmechanism and existing problems of Zhuhai Property Right Trading Center toelaborate its information disclosure, price discovery, market dealing andsupervision and management mechanism; meanwhile to research and study itsexisting problems. At the same time mainly from its information disclosuremechanism, price discovery mechanism, market dealing mechanism,supervision and management mechanism; the development directions of operation marketization and internationalization and its innovation motive toresearch and study Zhuhai Property Right Trading Center’s path of innovation.And to propose suggestions for the marketization, internationalization andbuilding regional property right trading market for Zhuhai’s property righttrading market. To promote the brand establishment of Zhuhai’s regionalproperty right trading market, innovating trading varieties, expanding scope ofservices, striving for more support from the state, province and municipalityto promote Zhuhai’s property rights trading market’s transformation andupgrading.Finally, the author proposed to direct the development of property righttrading by basing on the market mechanism as primary method and providinggovernmental support; with the upgrading of property right trading serviceand business innovation as the impetus for development to rectify the negativeaspects of dispersed domestic property right trading markets and to find a pathfor addressing the integration of regional property right trading markets.