中國股市是否將反映那斯達克的行為(英文版)(ppt 32頁)
3 QUESTIONS RAISED:
-HOW TO DEFINE A “WELL REGULATED MARKET”?
-WHAT RELEVANCE A PRICE/EARNINGS RATIO?
-IF INSTITUTIONAL FUNDS ARE A STABILISING FACTOR FOR THE STOCK MARKET, WHY ARE DEVELOPED MARKETS SO VOLATILE?
The Financial Markets are Dynamic:
-Business is “Proactive”
-But Regulators are “Reactive” not “Proactive
-The System of Regulation and Enforcement can never be completely Flexible and Dynamic
-Importance of Fiduciary Responsibility
1. What do you think is the most important influence on the stock market in China today?
-The historic balance sheets and profit and loss accounts of the quoted companies- 6
-The future prospects for corporate earnings-10
-Government policy-62
-Govt. investigation into mal practices15
-The overall economic growth of the Chinese economy-27
-China's entry into the WTO-8
..............................