Discussion On The Promoting Effect Of Shanghai And Hong Kong Stock Market Internationalization In China A Market

Hong Kong and Shanghai is a cross market stock trading system arrangements, although there are great differences between Shanghai and Hong Kong securities trading system and regulatory environment, in some detail problems also exist different terms expressed, but the mainland and Hong Kong regulators to work together in the existing legal framework foundation work together to build the Hong Kong and Shanghai through the trading rules, to jointly promote the cooperation in securities regulation, for the effective operation of the Shanghai and Hong Kong were fully prepared. Shanghai and Hong Kong through abandoned the headache medicine head foot painful medicine foot "old side, but from the" all-round "break through the current A-share market pattern, to mutual accommodation forced the Shanghai Stock Exchange to close the gap, remodeling market pricing mechanism and resource allocation function, actually cure remedy for the A-share market has long been the crux of the problem.A-share market has been closed for a long time in recent years, despite the reform of equity division, comprehensive management of securities companies, development of institutional investors and other reforms, but in the listing Corporation, trading system, investment and regulatory ideas and other aspects from the developed capital market is still not a short distance. A-share international also means the historical mission to market system gradually converged with the international convention, this is also the Shanghai and Hong Kong as well as the next Shenzhen through the bearing. America developed countries such as the capital market system more exploration in "forming, with real guns and bullets" certain universality.HongKong and Shanghai A-share market through the introduction of more international investors to improve the A, and further reform of China’s stock market to adapt to international practice, and eventually integrate into the global financial markets, will be in 2015 and the next longer look forward to. For a long time, the actual price of the assets of our country is affected by foreign capital. Strategic resources including oil, copper and iron ore prices have been a large number of overseas hedge fund push to near record levels, China Aviation Oil and the State Reserve Bureau in fuel options and futures on the significant losses caused by, our only way to high domestic gasoline prices, finally accepted the overseas market pricing. A variety of innovative means no financial market, we will always be in the international financial market audience rate. Margin trading and financial futures will allow us to short, and to cultivate the Chinese mainland’s hedge fund. We will be the first to establish the pricing authority of A shares, and ultimately will affect the pricing of other markets around the world.