Establishing Appropriate Regulations For Investment Management In Capital Market

< p > aiming at the issue of the appropriate a href= "http://www.91se91.com/news/index_c.asp" > investor < /a > appropriateness system put forward in the opinion, the director of relevant departments of the SFC said today that the appropriate management of investors is an important link in the pformation and construction of the capital market, which is the first protection for investors to enter the capital market, and is also a universal arrangement for the quality of service provided by the mature capital market.

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< p > by investing in the appropriateness system, we can comprehensively enhance the market's main business service level and enhance the sense of return and security of investment, which is an important task for investors.

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< p > he said that there will be a series of targeted arrangements for the next step, such as grading and classifying market products and services.

With the increasing diversification of products in multi-level capital markets, and the complexity of product mix and paction, we should first classify and classify products and services, and provide investors with the lowest limit of entry protection. All kinds of subjects in the market should be classified according to different products and services, and different categories of risk management systems should be established to provide subdivision of appropriate services.

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< p > the person in charge said that the investment "a href=" http://www.91se91.com/news/index_c.asp "classification management < /a > is an important work in the capital market. Through the establishment of < a href=" http://www.91se91.com/news/index_c.asp "> rule system < /a >, giving products and services to suitable investors, this process also shows institutional differences and credit level, which is more diversified to investors' return and services, and greatly enhance the sense of security of investors.

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< p > at the same time, the next regulatory authorities will also study the establishment of an appropriate regulation for investors in the entire capital market. The rules should clarify the responsibilities of the market players and make the seller's responsibilities clear and detailed.

Under the unified rules and regulations, self-regulation organizations and market operation organizations should also improve service regulations and self-discipline rules to enhance the connotation of investors' appropriate services in the capital market.

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< p > related links: < /p >

< p > capital market can be divided into medium and long term credit market and stock market according to the different ways of financing.

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< p > < strong > (1) the medium and long term credit market of the bank < /strong > /p >

< p > it is a place for international banks to provide medium and long term credit funds, providing funds for governments and enterprises that need medium and long-term funds.

The demand for this market is mostly for governments and industrial and commercial enterprises.

In general, 1 to 5 years is called medium term credit, and more than 5 years are called long-term credit.

The interest rate of funds is determined by factors such as economic situation, capital supply and demand, inflation and financial policy. It is generally based on the London Interbank Offered Rate.

The way of lending in this market is bilateral loan and multilateral loan.

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< p > < strong > (two) the stock market < /strong > /p >

< p > it refers to the place where securities are issued and circulated.

The purpose of issuing securities is to raise long-term capital, which is a way of long-term capital lending.

The securities market is an important part of the financial market.

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< p > < strong > (three) the characteristics of the development of the contemporary international capital market < /strong > < /p >

< p > 1. the scale of international capital market is expanding rapidly < /p >

< p > 2., securitisation of capital market financing < /p >

< p > 3. international financial innovation and off balance sheet business grew rapidly < /p >

< p > 4. the capital market has increasingly become the "competitive" place for various financial forces, and the stock market is in turmoil. < /p >

< p > 5. the failure of the capital market is increasingly prominent in developing countries < /p >