Empirical Research On The Financing Function In National Equities Exchange And Quotations

As the more and more important part of native financial market, the National Equities Exchange and Quotations(NEEQ) is playing the key rule. Especial in 2013, with a serial of major initiatives, NEEQ is developing fast and becoming stronger. It brings a new financing channel for the small and medium enterprise(SMEs) all over the counter, and makes them developing much faster. NEEQ helps SMEs in the country easier financing platform for the financial they needed for development. While as the early state of the new market, there are many unstable factors in the NEEQ. And it takes much more risk for the investors. How to avoid the unstable factor, make it a more convenience financing platform for small and medium enterprise, is the key word for maintaining stable and rapid development of real economy. It is also a research hotspot in the field of economy all over the world.The paper at first provides an overview of the background of NEEQ and the current environment for SMEs, the use of literature research section summarizes the views of experts and scholars. In the second part, the concepts and theories mentioned herein described, it also analysis the possible of NEEQ. In the third part, the effect on the status of financing SMEs in NEEQ has been analyzed, and NEEQ financing effect of the existing problems. In the fourth part, the NEEQ listed companies Huacan case study of the effectiveness of the NEEQ listing the financing function, as well as listed companies and from the risk of policy mechanisms, market mechanisms empirical analysis of t the NEEQ listed companies financing function is missing. Fifthly, to enhance the NEEQ listed companies financing function of countermeasures. And finally, draw conclusions and outlook of NEEQ.