预期对中国资本市场作用和影响的验证

中国资本市场预期问题有各种不同的表现形式.预期作用和影响测定的方法有多种.本文运用市值测定预期法和从上海、深圳两地证券投资者预期指数对资本市场投资的作用和影响的测定可以看出,预期在资本市场上是广泛起作用和影响的.中国居民储蓄率很高,难以转化为资本市场投资,资本市场投资需求不足并且经常剧烈波动,这些现象都有预期的作用和影响.若要解决这些问题,必须重视中国资本市场预期问题的解决.

Inspection on the Effect of Anticipation on China's Capital Market

This paper makes an analysis on the causes of slow development of the intermediary business of our state-owned commercial banks in the two aspects. They are the lower pricing of the intermediary products and the lower charge for the intermediary business. In order to promote the development of our commercial banks' intermediary business, the governmental supervisory departments should bring a full play to the information control and regulation and give impetus to the improvement of corporation governance mechanism, and the commercial banks should set up as soon as possible the accounting system and put into effect the full-cost management.