A Comparative Study Of ChiNext And KOSDAQ Market

The ChiNext market was founded in 2009,KOSDAQ market was founded in South Korea in 1996.These market for the countries’ economic development,have an immeasurable role,it is in such a great background to start a comparative study.This paper analyzes the concept of ChiNext in China and KOSDAQ in South Korea separately,and analyzes and contrasts the origin,development,market operation,success condition and trading system of the two markets.This paper takes the development of ChiNext and KOSDAQ as the basic research objects,and consists of several parts.First,the first part of this paper is the preface.In this part,the paper mainly analyzes the research background,the research purpose,the significance,the research method,the research thought and the content of this paper.The second part is the literature review part,respectively,ChiNext and KOSDAQ and and other countries’ stock markets,the status of the development of those were analyzed.The third part contains the concept analysis of ChiNext and KOSDAQ,including a detailed analysis.The fourth part of this paper compares the origin and development of the two stock markets.The fifth part included the successful conditions of ChiNext and KOSDAQ with the analysis of the level of science technology and venture capital fund etc.The sixth and seventh part contains the analysis of the two stock markets’ operation and related systems.This eightg part mainly is about the stock market of ChiNext and KOSDAQ.This chapter takes ChiNext and KOSDAQ daily data as samples,and analyzes the nature and characteristics of these two markets.At the same time,in order to fully analyze the market situation,this chapter also introduces the reaction of SP 500 index and reflects the SSECOMP and Korea composite index(KOSPI),to compare with the markets of China and South korea.By analyzing the correlation between the main board market and the second market,we can observe the characteristics of those with an external perspective.