| Coming into being in the 1990s,China security market is still new.In a short period of 20 years of development, the rapid growth of the participants,becoming the most important part of China’s capital market, the basic realization of the role of the market economy to optimize the allocation of resources.However, it is precisely because this is an emerging market, there are many immature places.In particular, investors as the main body of the securities market, its trading behavior has a profound impact on the stock market.The Chinese stock market investors in small and medium-sized retail oriented, lack of institutional investors, the lack of rational investment ideas, investment knowledge and skills are not mature, coupled with individual investors capital strength is weak, channels and sources of investment information is limited, the majority of investors dominated by speculation, follow the trend of the public. The return on investment is generally low, leading to the China stock market fluctuations, the regulating function of market failure, long time by the government introduced a series of policies to maintain the stability of the market.This article attempts to analyze the characteristics of the investors in the Chinese stock market, and analyze its reaction to the securities market, in order to analyze the effect of the anti investor structure of the stock market, and try to improve the structure of investors through the analysis and research, to explore the future development of the securities market China. |
