A Study On The Opening Risks And Their Countermeasures Of China's Stock Market

With the end of the transition-period of China's entry into the WTO and after the arrival of the era of the equity division,it will greatly speed up the pace of opening up the market.Opening stock market not only brings many opportunities for China's economic development,but also causes economy and finance facing huge risks,which,if handled improperly, could lead to financial crisis.Therefore,the study of opening risks of China's stock market and their prevention measures is indeed and significant.According to the reality of China,this thesis puts stress on researching the opening risks of China's stock market,and in the light of the probable risks,many countermeasures are put forward for the risks in this thesis.In detail,these following actual works have been done:1.It analyses the causes and effects of China's stock market opening, and gives a brief on the current situation of China's securities market development and opening up.2.This thesis researches the risks in China's securities market opening process.First,it gives a brief overview of the market risk;then it analyses the inherent financial risks associated with opening market and points out the causes of opening risk;finally,it reveals the performance of the risks.3.In the light of the risks,many countermeasures are put forward. These measures include:training and the development of domestic bond markets,guidance and monitoring of international capital,the establishment of stock index futures,the establishment of early warning risks mechanisms and under the new situation improving the monitoring system.